Search found 1859 matches

by Jeff Leve
October 23rd, 2020, 1:12 pm
Forum: Wine Talk
Topic: Châteauneuf-du-Pape wine which are NOT Grenache focused
Replies: 30
Views: 1732

Re: Châteauneuf-du-Pape wine which are NOT Grenache focused

Note that many CdP varieties are available in red or white versions. Picpoul and Grenache are certainly examples of this. The Beaucastel red will only include red varieties, whereas their blanc will include white varieties. Cheers! At least as recently as the first decade of the aughts, at Beaucast...
by Jeff Leve
October 23rd, 2020, 9:17 am
Forum: Wine Talk
Topic: Châteauneuf-du-Pape wine which are NOT Grenache focused
Replies: 30
Views: 1732

Re: Châteauneuf-du-Pape wine which are NOT Grenache focused

A good resource to research for your question can be found on Jeff Leve's website here: https://www.thewinecellarinsider.com/2019/11/the-best-200-wines-from-the-2017-chateauneuf-du-pape-vintage/ Noting that 2017 had a poor grenache crop, you can nonetheless quickly get a sense of the grape content ...
by Jeff Leve
October 14th, 2020, 11:01 am
Forum: Wine Talk
Topic: Value plays in St. Julien...
Replies: 35
Views: 1751

Re: Value plays in St. Julien...

Lagrange is definitely in your wheelhouse. Why haven't you been tasting them? I really have no reasonable explanation. I’ve recently bought a few vintages, heck I found 2016 for $50. That’s a steal. I struggle to pay that much for Lagrange. The 2000 was $27.99 on futures. The 2001 was about the sam...
by Jeff Leve
October 14th, 2020, 10:44 am
Forum: Wine Talk
Topic: Value plays in St. Julien...
Replies: 35
Views: 1751

Re: Value plays in St. Julien...

what would you buy in St. Julien today if you're building a value oriented portfolio from scratch? Jean... If I was you, I would read this page and follow the links to the chateaux in Saint Julien https://www.thewinecellarinsider.com/bordeaux-wine-producer-profiles/bordeaux/st-julien/ Thank you for...
by Jeff Leve
October 14th, 2020, 10:26 am
Forum: Wine Talk
Topic: Value plays in St. Julien...
Replies: 35
Views: 1751

Re: Value plays in St. Julien...

Jean Menwa wrote:
October 14th, 2020, 9:42 am
what would you buy in St. Julien today if you're building a value oriented portfolio from scratch?
Jean... If I was you, I would read this page and follow the links to the chateaux in Saint Julien https://www.thewinecellarinsider.com/bo ... st-julien/
by Jeff Leve
October 14th, 2020, 10:24 am
Forum: Wine Talk
Topic: Value plays in St. Julien...
Replies: 35
Views: 1751

Re: Value plays in St. Julien...

Branaire-Ducru is my current go to for value. Langoa Barton too depending on vintage. Haven't tasted any recent Gloria (post 2009), but older vintages were quite a steal. The great thing about Bordeaux is it is readily available to taste. St. Julien is just small comparatively. Those two and Gloria...
by Jeff Leve
October 13th, 2020, 7:55 am
Forum: Wine Talk
Topic: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment
Replies: 1521
Views: 93947

Re: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment

I'm not familiar how tariffs impact in bond wine - I can see an argument both ways, e.g. you pay the tariff on entry intto the country, so you'd pay a tariff on in bond wine. At the same time, the argument is meant to apply to duty as well, and that you don't pay in bond. Anyone know for sure? You ...
by Jeff Leve
October 12th, 2020, 10:41 am
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

I do use your site but there was no note, hence my question. My understanding is that many critics have now tasted it so was wondering whether you did. Bought 3 bottles in 2019 as in 2015 though. Cool, thank you for reading us. For 2019 Canon, and perhaps 10 other wines, give or take, the only way ...
by Jeff Leve
October 12th, 2020, 9:32 am
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

It’s a great time to be a wine drinker. It’s a bad time to be a wine investor. As someone who can’t afford to be a wine investor and looks back at the prices of the 1980s with a sigh I am currently more happy than I have been in recent years. Prices from the 80's? While I get your point, how is tha...
by Jeff Leve
October 12th, 2020, 9:30 am
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

It’s a great time to be a wine drinker. It’s a bad time to be a wine investor. As someone who can’t afford to be a wine investor and looks back at the prices of the 1980s with a sigh I am currently more happy than I have been in recent years. Hi Jeff I would be delighted if you told us how you rate...
by Jeff Leve
October 11th, 2020, 11:20 am
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

I agree with many of you that the basic reason for any drop in prices is simply the market - "It's the economy, stupid!" As Jeff has written many times over the last ten years or so when people like me ranted about rising prices, if the market thinks the price is right, the wines sell. he was of co...
by Jeff Leve
October 10th, 2020, 10:36 am
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

Tariffs are causing US prices to go down?????? [scratch.gif] Yes. Because we are not buying the wine, there is less demand and stock is accumulating. That is for 2017. In 2019, wines were priced lower to help sell through as 25% is a massive up charge fee US buyers are willing to pay. Didn't 2017s ...
by Jeff Leve
October 10th, 2020, 8:26 am
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

Tariffs Tariffs are causing US prices to go down?????? [scratch.gif] Yes. Because we are not buying the wine, there is less demand and stock is accumulating. That is for 2017. In 2019, wines were priced lower to help sell through as 25% is a massive up charge fee US buyers are willing to pay.
by Jeff Leve
October 9th, 2020, 2:56 pm
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

HenryB wrote:
October 9th, 2020, 2:52 pm
Aite. They're still uniformly 'EP' with my merchants, but I'm pleased to hear that. Will be hard to resist popping an early 18 Pontet Canet. Think the only physical I have is the 18 Ygrec d'Yquem
They are pre-arrival, not EP. EP for 18 was 19.
by Jeff Leve
October 9th, 2020, 2:55 pm
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

Looking at the trend lines, it looks like from 2017- now bordeaux pricing has dropped around ~20% and continuing to drop. Why is this happening? Several reasons Between 2014 and 2020, 17 is the weakest vintage. Covid Tariffs Brexit It’s more of a European styled, classic year. 16 and 18 are both kn...
by Jeff Leve
October 9th, 2020, 2:41 pm
Forum: Wine Talk
Topic: Why is bordeaux price dropping ?
Replies: 76
Views: 4313

Re: Why is bordeaux price dropping ?

HenryB wrote:
October 9th, 2020, 8:59 am
most expensive 18s are still in barrel :D
With few exceptions, all 2018 were bottled a few months ago
by Jeff Leve
October 5th, 2020, 11:44 am
Forum: Wine Talk
Topic: Wine pricing bubble? Thoughts?
Replies: 144
Views: 6723

Re: Wine pricing bubble? Thoughts?

Cue Jeff Leve.* * Scout's honor I didn't look to see if he posted about supply and demand yet or how a winery will lower prices if people don't buy at asking price, but you know it's coming if it hasn't been posted yet. He hasn't posted yet. But he will [wow.gif] It is not the winery that will lowe...
by Jeff Leve
October 5th, 2020, 10:24 am
Forum: Wine Talk
Topic: Wine pricing bubble? Thoughts?
Replies: 144
Views: 6723

Re: Wine pricing bubble? Thoughts?

Factor in another Vintage of the Decade, Century, and Year...........and prices will go up one more time. Cue Jeff Leve.* * Scout's honor I didn't look to see if he posted about supply and demand yet or how a winery will lower prices if people don't buy at asking price, but you know it's coming if ...
by Jeff Leve
October 5th, 2020, 10:16 am
Forum: Wine Talk
Topic: Montrose/Dame
Replies: 18
Views: 945

Re: Montrose/Dame

La Dame de Montrose is one of the best Second Wines in Bordeaux. I am sure if a reclassification ever took place, it would be a 5th Growth.
by Jeff Leve
October 1st, 2020, 10:01 am
Forum: Wine Talk
Topic: Clerc Milon ? ...
Replies: 28
Views: 1733

Re: Clerc Milon ? ...

Jean Menwa wrote:
October 1st, 2020, 9:46 am
Thank you all for the response...I recently purchased a case each of the 2005 and 2010 vintage Clerc Milon, I suspect I shouldn't be touching these for another five or so years in the case of the 2005?
If I was buying Clerc today. I’d grab the 2010, 2016 and 2018. All are better than 2005.
by Jeff Leve
October 1st, 2020, 8:56 am
Forum: Wine Talk
Topic: Clerc Milon ? ...
Replies: 28
Views: 1733

Re: Clerc Milon ? ...

I am a big fan of Clerc Milon. It is a beautiful, elegant, refined Pauillac. You can find out everything you wanted to know and more about Clerc here if you like https://www.thewinecellarinsider.com/bordeaux-wine-producer-profiles/bordeaux/pauillac/clerc-milon/ Yup, 100% agree. Big fan of d’Armailh...
by Jeff Leve
September 30th, 2020, 1:14 pm
Forum: Wine Talk
Topic: Clerc Milon ? ...
Replies: 28
Views: 1733

Re: Clerc Milon ? ...

I am a big fan of Clerc Milon. It is a beautiful, elegant, refined Pauillac. You can find out everything you wanted to know and more about Clerc here if you like https://www.thewinecellarinsider.com/bo ... erc-milon/
by Jeff Leve
September 22nd, 2020, 8:56 am
Forum: Wine Talk
Topic: Recommend Bordeaux Blancs?
Replies: 38
Views: 1417

Re: Recommend Bordeaux Blancs?

I think all the suggestions here are just great. For a braod overview on white Boreaux wine, you might want to read this page. It has tips from Pessac Leognan and Graves as you might expect, but also most of the other appellations making white Bordeaux wine today. https://www.thewinecellarinsider.co...
by Jeff Leve
September 15th, 2020, 5:02 pm
Forum: Wine Talk
Topic: Latour 2009 released
Replies: 53
Views: 4296

Re: Latour 2009 released

Jeff, You always sound a little belligerent when you are disputing facts. Clearly, Latour is not working on 50-60% of retail. The price is €860 ex negotiant who typically work on a 10% margin. So depending on what you define as retail (I used $1225) it is close to 75% of retail. I am stating facts,...
by Jeff Leve
September 15th, 2020, 4:56 pm
Forum: Wine Talk
Topic: Latour 2009 released
Replies: 53
Views: 4296

Re: Latour 2009 released

The grand vin Chateau Latour normally has an annual production of 18,000 cases. The second wine has an average annual production of 11,000 cases. Mark posted ex chateau. Around $1230 a bottle. If 800 is closer, still big coin. Where do you get those numbers from ? You’re wrong. You’re not even clos...
by Jeff Leve
September 15th, 2020, 11:49 am
Forum: Wine Talk
Topic: Latour 2009 released
Replies: 53
Views: 4296

Re: Latour 2009 released

18,000 cases of this wine. That’s 216,000 bottles. 1,230 bucks per bottle. Seems like a few bucks. Your numbers are way off. Latour produces about 11,000 cases of the Grand Vin each year. The price you’re looking at is retail, not wholesale. Latour gets between 50/60% of retail. At 50%, if they sol...
by Jeff Leve
September 14th, 2020, 10:23 am
Forum: Wine Talk
Topic: Latour 2009 released
Replies: 53
Views: 4296

Re: Latour 2009 released

This is a toy to be milked, from a financial point of view a footnote buried really deep in corporate reports. I would guess that total revenue from Latour is not remotely 1% of the Pinault group's income. Come on, this is Yves St Laurent, Gucci, Balenciaga. Latour is nothing (unless you happen to ...
by Jeff Leve
September 8th, 2020, 1:45 pm
Forum: Wine Talk
Topic: Latour 2009 released
Replies: 53
Views: 4296

Re: Latour 2009 released

Tom Reddick wrote:
September 8th, 2020, 1:21 pm
Wow. Mark- if memory served this is double the late release price on the 2008, yes?
2009 is a much better wine than 2008. I’m not sure why that’s relevant.
by Jeff Leve
September 8th, 2020, 1:43 pm
Forum: Wine Talk
Topic: Latour 2009 released
Replies: 53
Views: 4296

Re: Latour 2009 released

Mark Golodetz wrote:
September 8th, 2020, 12:31 pm
Yeah...it is quite greedy.
How is it greedy? A quick price check shows this at about the going rate and buyers get perfect storage.

And it’s an incredible vintage for Latour.

I can’t afford it, but others can.
by Jeff Leve
September 5th, 2020, 10:12 am
Forum: Wine Talk
Topic: TN: 2003 Pegau Réservée
Replies: 10
Views: 818

Re: TN: 2003 Pegau Réservée

I think Pegau is one of the very few 2003 Southern Rhône’s to have worked in the vintage.
by Jeff Leve
August 27th, 2020, 11:48 am
Forum: Wine Talk
Topic: Ducru Beaucaillou 1989
Replies: 23
Views: 1057

Re: Ducru Beaucaillou 1989

Neal.Mollen wrote:
August 27th, 2020, 10:52 am
Jeff Leve wrote:
August 26th, 2020, 9:57 am
AD Northup wrote:
August 25th, 2020, 5:38 pm
Leve’s site says the TCA issues were 86-93/94
Me, I always listen to Leve [wow.gif]
And where's that gotten you?
Hmmmmm..... Well, that and 50 cents has gotten me about a quarter. Does that count? :D
by Jeff Leve
August 26th, 2020, 9:57 am
Forum: Wine Talk
Topic: Ducru Beaucaillou 1989
Replies: 23
Views: 1057

Re: Ducru Beaucaillou 1989

Leve’s site says the TCA issues were 86-93/94 Me, I always listen to Leve [wow.gif] At Ducru, they opened thousands of bottles smelling each for TCA. They tossed out the infected bottles, which was a very high percentage of the years mentioned above and recorked the clean bottles. The recorked bott...
by Jeff Leve
August 22nd, 2020, 10:05 am
Forum: Wine Talk
Topic: It's critic bingo! ("Taught With Tension")
Replies: 1253
Views: 60159

Re: It's critic bingo! ('19 Haut Brion threatens to "go atomic")

In the old days, I would have written some sarcastic response to your post. But as I've aged. Like my wine, I have mellowed and want to thank you for your explanation about experiencing chocolate in wine. Until now, I often wondered if they actually placed chunks of Valhrona into the vats. Now, I k...
by Jeff Leve
August 14th, 2020, 8:21 am
Forum: Wine Talk
Topic: Fine Wine Prices and the Latest Economic Uncertainty
Replies: 21
Views: 2074

Re: Fine Wine Prices and the Latest Economic Uncertainty

I'd heard some merchants returning allocations of first growths in 17, 18, given 13 was a flop, 16 was somewhat aggressively priced, I'd wager some chateaus and negociants are carrying all time record levels of stock... You cannot return an allocation. You can refuse to take it however. Assuming yo...
by Jeff Leve
August 13th, 2020, 9:04 am
Forum: Wine Talk
Topic: Margaux - visiting Clos du Jaugueyron
Replies: 17
Views: 842

Re: Margaux - visiting Clos du Jaugueyron

Rudi - thanks - and I agree that Margaux is full of good wine at the moment. Stéphanie gave us a tip - one of their neighbours, Château des Graviers, is apparently producing great wines in the same style. Arv - love the "soulful" description! Robert - brilliant note and thread - your place in the p...
by Jeff Leve
August 12th, 2020, 9:37 am
Forum: Wine Talk
Topic: Margaux - visiting Clos du Jaugueyron
Replies: 17
Views: 842

Re: Margaux - visiting Clos du Jaugueyron

Nice visit and write up. I follow the wine on my site. It 2016 was the last vintage tasted.
by Jeff Leve
August 11th, 2020, 8:25 am
Forum: Wine Talk
Topic: Wine Critic Palate Guide
Replies: 36
Views: 1938

Re: Wine Critic Palate Guide

Critics are not just about a palate guide. Their true value comes from their ability to accurately describe the experience, so that when you tast the same wine, you can expect a similar experience. You can agree or not on how the good the wine is, or not, but if your experience does not match theirs...
by Jeff Leve
August 10th, 2020, 10:00 am
Forum: Wine Talk
Topic: Visiting Lagrange
Replies: 15
Views: 818

Re: Visiting Lagrange

Lagrange is a beautiful property to visit. The lakes and grounds create a serene enviroment. Lagrange is another estate that just recently upped their game. Since 2015, they have been making wine at the level of their classification.
by Jeff Leve
August 9th, 2020, 9:21 am
Forum: Wine Talk
Topic: Share your thoughts on Margaux
Replies: 44
Views: 3943

Re: Share your thoughts on Margaux

(Jeff Leve if you are listening, I've already read your whole writeup on the region which was great!) Always glad to help when I can. After years of resting in its laurels, the entire Margaux appellation is hot! The top wines to seek out today that might not be in your radar are: Brane Cantenac Gis...
by Jeff Leve
August 8th, 2020, 2:05 pm
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

If you guys are buying 2019 hoping to avoid paying higher prices later, don’t bother with Cru Bourgeois and Cantemerle or others in that price range. Good wines, but not big market movers. Those are drinker wines. For a better return, You need to focus on the top scoring Classified Growths and sele...
by Jeff Leve
August 8th, 2020, 11:07 am
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

Henry... As I said in an earlier post, First Growths do release I’m tranches. Though the first tranche is always the largest. The production of LCHB is small, just a few thousand cases and allocations to negociants are sparse. It’s become a hot brand since I scored it 100😁 I mentioned my site cuz we...
by Jeff Leve
August 8th, 2020, 10:11 am
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

Henry... Yes, it does not matter to you who increases prices. I agree. But tranches means the chateau raised their price. Else it was just the market at play. If you bought early, I think every wine was available at the initial price. If you waited, secondary prices for the hot wines were inevitable...
by Jeff Leve
August 8th, 2020, 9:46 am
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

I'd naively assume - and always happy to be told I'm wrong - that you might get tranching by the negociants though? Tranches are from the chateaux, not the secondary market. Negociants, wholesalers, merchants etc., might sell all the stock they have to raise money, or choose to hold the top wines a...
by Jeff Leve
August 7th, 2020, 1:20 pm
Forum: Wine Talk
Topic: The world's most expensive wines- from Wine Searcher
Replies: 41
Views: 2377

Re: The world's most expensive wines- from Wine Searcher

I could see myself in a world before his most recent releases of being interested in buying a bottle, as a once in a lifetime bucketlist thing. But at the 2018 pricing, it's just way too far beyond reason for me to be honest. I'd sooner get a couple cases of Lafleur, or a case of Petrus, for that p...
by Jeff Leve
August 7th, 2020, 11:59 am
Forum: Wine Talk
Topic: Visiting Beychevelle
Replies: 15
Views: 932

Re: Visiting Beychevelle

I am very fond of the Beychevelles of the 80s (including the less-heralded 83s and 85s) but they have become quite aggressive on pricing for what they produce so I have not invested in more recent vintages. Neal... Up to you what you want to spend. But not only are they making the best they’ve ever...
by Jeff Leve
August 7th, 2020, 11:25 am
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

FWIW, with the exception of the First Growths and a hand-full of other wines, there are no tranches. There is no first or second tranches. All the wine the chateau plan on releasing are offered at the same time on the same day at the same price to all the negociants they sell to.
by Jeff Leve
August 7th, 2020, 11:19 am
Forum: Wine Talk
Topic: The world's most expensive wines- from Wine Searcher
Replies: 41
Views: 2377

Re: The world's most expensive wines- from Wine Searcher

I would like to see a study by quantity produced. For example, we all know DRC makes some tasty wines but in small quantities. What if we eliminated any wine made made in quantities less than 24,000 bottles??? Less than 120,000 bottles. And what if we said, Made fewer than ten years ago.... Excelle...
by Jeff Leve
August 7th, 2020, 10:32 am
Forum: Wine Talk
Topic: Visiting Beychevelle
Replies: 15
Views: 932

Re: Visiting Beychevelle

Beychevelle is a beautiful estate and the wines they’re producing today are better than ever.

Beychevelle and most other Bordeaux chateaux are closed to the public as they’re either considered private residences for the owners or reserved for specific business functions.
by Jeff Leve
August 7th, 2020, 10:12 am
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

If you guys are buying 2019 hoping to avoid paying higher prices later, don’t bother with Cru Bourgeois and Cantemerle or others in that price range. Good wines, but not big market movers. Those are drinker wines. For a better return, You need to focus on the top scoring Classified Growths and sele...
by Jeff Leve
August 7th, 2020, 8:16 am
Forum: Wine Talk
Topic: The 2019 Bordeaux are coming out.
Replies: 1021
Views: 64249

Re: The 2019 Bordeaux are coming out.

If you guys are buying 2019 hoping to avoid paying higher prices later, don’t bother with Cru Bourgeois and Cantemerle or others in that price range. Good wines, but not big market movers. Those are drinker wines. For a better return, You need to focus on the top scoring Classified Growths and selec...

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