2019 Burgundy -- What are you buying?

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2019 Burgundy -- What are you buying?

#1 Post by RyanC »

Offers are starting to come out. Seems like an awesome vintage, but prices seem mighty steep, particularly given the succession of great vintages we've seen. Envoyer just offered '19 Faiveley Cazetiers--a wine I typically love and buy almost every year--for $160. That's essentially double what it was just a few years ago, and it's not some trophy wine. I'll be a buyer in '19, but I'm likely to be picky, and I will also look to actively backfill 09/10/12/14-17.
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Re: 2019 Burgundy -- What are you buying?

#2 Post by Mike C. »

The 2019 offers have been quite disappointing. I get that it’s a great vintage and yields are down, but there are plenty of other good to great vintages or wines this decade that are cheaper. And a number of US sellers are still pricing in tariffs so not inclined to buy early unless a wine or price is compelling.
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Re: 2019 Burgundy -- What are you buying?

#3 Post by Mark Golodetz »

Trapet, Rossignol Trapet and Marchand Tawse.
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Re: 2019 Burgundy -- What are you buying?

#4 Post by YLee »

So far
Hudelot-Noellat RSV & Richebourg
Duroche
I dont wanna load up too much. Heard 2020 was better than 2019.
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Re: 2019 Burgundy -- What are you buying?

#5 Post by Sh@n A »

YLee wrote: February 9th, 2021, 12:55 pm I dont wanna load up too much. Heard 2020 was better than 2019.
Where did you hear this? I thought 2019 was pretty bullish.
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Re: 2019 Burgundy -- What are you buying?

#6 Post by CraigT »

I'm going all in on the 2019's. so far

Fourrier Griotte
Chevillon Les Calles, Les Vaucrains
Guyon (various)
Hudelot-Noellat Beaumonts
Dugat-Py Mazis

more to come! [cheers.gif]
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Re: 2019 Burgundy -- What are you buying?

#7 Post by Shoshana Filene »

Heard from friends in Burgundy that Volnay is particularly strong and from more than one person that D'Angerville is on fire in 2019!
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Re: 2019 Burgundy -- What are you buying?

#8 Post by CraigT »

Shoshana Filene wrote: February 9th, 2021, 1:52 pm Heard from friends in Burgundy that Volnay is particularly strong and from more than one person that D'Angerville is on fire in 2019!
According to Bourghound that is correct.
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Re: 2019 Burgundy -- What are you buying?

#9 Post by YLee »

Sh@n A wrote: February 9th, 2021, 1:32 pm
YLee wrote: February 9th, 2021, 12:55 pm I dont wanna load up too much. Heard 2020 was better than 2019.
Where did you hear this? I thought 2019 was pretty bullish.
I read it from different sources. I cant find the links right now. 2019 is bullish but read 2020 was even better.
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Re: 2019 Burgundy -- What are you buying?

#10 Post by William Kelley »

Shoshana Filene wrote: February 9th, 2021, 1:52 pm Heard from friends in Burgundy that Volnay is particularly strong and from more than one person that D'Angerville is on fire in 2019!
I think these days of generalizing by commune are past, at least in a vintage where it wasn't the case the one commune was e.g. wiped out by hail. There are a lot of good producers in Volnay, so in a good vintage such as 2019, it is unsurprising that many good wines were made. In fact, on paper, given the timing of rain events, one might have been tempted to think that 2019 would have disadvantaged the Côte de Beaune relative to the Côte de Nuits, but that didn't show up in the glass. Anyone who buys some 2019s from e.g. Lafarge, d'Angerville, Thomas Bouley, Thierry Glantenay, Voillot, etc, will not be disappointed.
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Re: 2019 Burgundy -- What are you buying?

#11 Post by Shoshana Filene »

William Kelley wrote: February 9th, 2021, 3:31 pm
Shoshana Filene wrote: February 9th, 2021, 1:52 pm Heard from friends in Burgundy that Volnay is particularly strong and from more than one person that D'Angerville is on fire in 2019!
I think these days of generalizing by commune are past, at least in a vintage where it wasn't the case the one commune was e.g. wiped out by hail. There are a lot of good producers in Volnay, so in a good vintage such as 2019, it is unsurprising that many good wines were made. In fact, on paper, given the timing of rain events, one might have been tempted to think that 2019 would have disadvantaged the Côte de Beaune relative to the Côte de Nuits, but that didn't show up in the glass. Anyone who buys some 2019s from e.g. Lafarge, d'Angerville, Thomas Bouley, Thierry Glantenay, Voillot, etc, will not be disappointed.
Fair point. I am not on the ground tasting, but I have heard from a quite a few people that d'Angerville's 2019s are particularly noteworthy. I would be interested in hearing your opinion.
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Re: 2019 Burgundy -- What are you buying?

#12 Post by William Kelley »

YLee wrote: February 9th, 2021, 3:16 pm
Sh@n A wrote: February 9th, 2021, 1:32 pm
YLee wrote: February 9th, 2021, 12:55 pm I dont wanna load up too much. Heard 2020 was better than 2019.
Where did you hear this? I thought 2019 was pretty bullish.
I read it from different sources. I cant find the links right now. 2019 is bullish but read 2020 was even better.
It's really too early to say about 2020! It's certainly a promising vintage, and a lot of people are very positive about it; but equally, the weather was more extreme than 2019 and I guess that, in red, it will be more heterogeneous.

If your logic for not going crazy on 2019 is that there will always be another vintage, that's sound, and an important thing to remember in the heat of the moment; if it's just to wait to go crazy on 2020, then I think it's more questionable. I'll be buying both.
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Re: 2019 Burgundy -- What are you buying?

#13 Post by William Kelley »

Shoshana Filene wrote: February 9th, 2021, 3:34 pm
William Kelley wrote: February 9th, 2021, 3:31 pm
Shoshana Filene wrote: February 9th, 2021, 1:52 pm Heard from friends in Burgundy that Volnay is particularly strong and from more than one person that D'Angerville is on fire in 2019!
I think these days of generalizing by commune are past, at least in a vintage where it wasn't the case the one commune was e.g. wiped out by hail. There are a lot of good producers in Volnay, so in a good vintage such as 2019, it is unsurprising that many good wines were made. In fact, on paper, given the timing of rain events, one might have been tempted to think that 2019 would have disadvantaged the Côte de Beaune relative to the Côte de Nuits, but that didn't show up in the glass. Anyone who buys some 2019s from e.g. Lafarge, d'Angerville, Thomas Bouley, Thierry Glantenay, Voillot, etc, will not be disappointed.
Fair point. I am not on the ground tasting, but I have heard from a quite a few people that d'Angerville's 2019s are particularly noteworthy. I would be interested in hearing your opinion.
They were certainly very impressive! I was even more excited by what I tried chez Lafarge, but we're talking about fine shadings and wines that show differently one day to the next. Will be happy to have both in the cellar.
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Re: 2019 Burgundy -- What are you buying?

#14 Post by Tmason »

Duroche, Fourrier, Hudelot-Noellat, Lamarche. Looking for Arnoux-Lachaux,
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Re: 2019 Burgundy -- What are you buying?

#15 Post by Mike C. »

William Kelley wrote: February 9th, 2021, 3:36 pm They were certainly very impressive! I was even more excited by what I tried chez Lafarge, but we're talking about fine shadings and wines that show differently one day to the next. Will be happy to have both in the cellar.
You were already pretty upbeat on the Lafarge ‘18s (which got me to buy some)—how do the ‘19s compare?
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Re: 2019 Burgundy -- What are you buying?

#16 Post by J. Galang »

Mike C. wrote: February 9th, 2021, 12:30 pm The 2019 offers have been quite disappointing. I get that it’s a great vintage and yields are down, but there are plenty of other good to great vintages or wines this decade that are cheaper. And a number of US sellers are still pricing in tariffs so not inclined to buy early unless a wine or price is compelling.
+1

Combination of high prices (60%), almost full storage (30%) and 2019 still being on the riper side (10%) will make me very selective and will drastically limit my 2019 Burgundy purchases.

I currently am backfilling a little here and there.
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Re: 2019 Burgundy -- What are you buying?

#17 Post by DanielP »

I'm saving my bullets for 2021, supposed to be a great vintage
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Re: 2019 Burgundy -- What are you buying?

#18 Post by Mark Y »

DanielP wrote: February 9th, 2021, 4:17 pm I'm saving my bullets for 2021, supposed to be a great vintage
Golden rule of Burgundy says 2s are good? I think 2022 is the gonna be the vintage of the millenium.. saving up now!
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Re: 2019 Burgundy -- What are you buying?

#19 Post by William Kelley »

Mike C. wrote: February 9th, 2021, 3:53 pm
William Kelley wrote: February 9th, 2021, 3:36 pm They were certainly very impressive! I was even more excited by what I tried chez Lafarge, but we're talking about fine shadings and wines that show differently one day to the next. Will be happy to have both in the cellar.
You were already pretty upbeat on the Lafarge ‘18s (which got me to buy some)—how do the ‘19s compare?
They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
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Re: 2019 Burgundy -- What are you buying?

#20 Post by RyanC »

William Kelley wrote: February 9th, 2021, 4:49 pm
Mike C. wrote: February 9th, 2021, 3:53 pm
William Kelley wrote: February 9th, 2021, 3:36 pm They were certainly very impressive! I was even more excited by what I tried chez Lafarge, but we're talking about fine shadings and wines that show differently one day to the next. Will be happy to have both in the cellar.
You were already pretty upbeat on the Lafarge ‘18s (which got me to buy some)—how do the ‘19s compare?
They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
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Re: 2019 Burgundy -- What are you buying?

#21 Post by William Kelley »

RyanC wrote: February 9th, 2021, 6:32 pm
William Kelley wrote: February 9th, 2021, 4:49 pm
Mike C. wrote: February 9th, 2021, 3:53 pm

You were already pretty upbeat on the Lafarge ‘18s (which got me to buy some)—how do the ‘19s compare?
They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
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Re: 2019 Burgundy -- What are you buying?

#22 Post by alan weinberg »

William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm
William Kelley wrote: February 9th, 2021, 4:49 pm

They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
I remember my horror and a bit of anger when, for example, Mugnier Musigny and Rousseau Chambertin jumped from $110 to $150 per bottle and I got out—no way could it go higher than that . . .

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Re: 2019 Burgundy -- What are you buying?

#23 Post by joz€f p1nxten »

William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm
William Kelley wrote: February 9th, 2021, 4:49 pm

They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
I did hit up a dear friend with some mags and double mags lafarge clos des chênes 2018 as it was a birth year wine for him - didn't buy any myself (only the ducs and some bouley clos des chenes). I'll be waiting for the 2020 as birth year wine.
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Re: 2019 Burgundy -- What are you buying?

#24 Post by Dennis Borczon »

William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm
William Kelley wrote: February 9th, 2021, 4:49 pm

They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
If...

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Re: 2019 Burgundy -- What are you buying?

#25 Post by William Kelley »

Dennis Borczon wrote: February 10th, 2021, 7:52 am
William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm

It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
If...
Want to bet a bottle of 2019 Clos des Chênes?
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Re: 2019 Burgundy -- What are you buying?

#26 Post by A.Gillette »

I buy roughly the same things every year with slight variations based on quantity or getting offered something new. I do that without tasting the vintage and instead relying on purchasing producer’s whose wines I know I will enjoy. That has worked out well. I do think that it feels like we are potentially on the precipice of something different in burgundy based on 18/19/20, and that climate change has resulted in significant change. I think at some point I will have to delve into the recent vintages and think about how much I like the new stylistic paradigm in burgundy, but that will be after I buy in 2019 and likely 2020 as well.
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Re: 2019 Burgundy -- What are you buying?

#27 Post by R. Frankel »

I’ll be buying 2019 in about the same volume as the last few years, probably a bit more than ‘18. Trying for the same producers, using my usual strategy of adding one or two up and comers (e.g. Bertheau-Gerbet this year). Otherwise many of the same names discussed on this thread. I’d add Domain Patrice Rion - ultra reliable and still not crazily priced. Sadly my normal process is tasting at La Paulee, discovering something new, then hunting down bottles from the most recent vintages. Not happening this year so I’m shooting somewhat in the dark. The lovely lovely Pinot filled dark 🤣.
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Re: 2019 Burgundy -- What are you buying?

#28 Post by Dennis Borczon »

William Kelley wrote: February 10th, 2021, 7:53 am
Dennis Borczon wrote: February 10th, 2021, 7:52 am
William Kelley wrote: February 10th, 2021, 6:03 am

I think five years from now, if current market trends continue, you will be glad you bought them when you did.
If...
Want to bet a bottle of 2019 Clos des Chênes?
With you Mr Kelley, you are on. What are the terms?

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Re: 2019 Burgundy -- What are you buying?

#29 Post by William Kelley »

Dennis Borczon wrote: February 10th, 2021, 10:02 am
William Kelley wrote: February 10th, 2021, 7:53 am
Dennis Borczon wrote: February 10th, 2021, 7:52 am

If...
Want to bet a bottle of 2019 Clos des Chênes?
With you Mr Kelley, you are on. What are the terms?
Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
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Re: 2019 Burgundy -- What are you buying?

#30 Post by Markus S »

William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm
William Kelley wrote: February 9th, 2021, 4:49 pm

They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
You predicting greater inflation? Fed doesn't think so, but what do they know?
$ _ € ® e . k @

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Re: 2019 Burgundy -- What are you buying?

#31 Post by William Kelley »

Markus S wrote: February 10th, 2021, 10:46 am
William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm

It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
You predicting greater inflation? Fed doesn't think so, but what do they know?
I just meant wine market trends. The Chinese market is beginning to take more of an interest in Côte de Beaune reds...
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Re: 2019 Burgundy -- What are you buying?

#32 Post by Jim Hartten »

I am somewhat new to Burgundy (been buying Bordeaux futures for years) and would like to get some 2019s on futures/prearrival if possible. I did see that Gordon's (Boston) is planning to offer some 2019 Jadot. Can anyone say what are some of the U.S. stores that will be offering some prearrival deals on 2019 Burgs. Thanks, Jim [cheers.gif]

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Re: 2019 Burgundy -- What are you buying?

#33 Post by RyanC »

William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm
William Kelley wrote: February 9th, 2021, 4:49 pm

They really realized all the potential of 2018 while avoiding its excesses. 2019s are a touch finer boned, and they were singing when I visited - perfumed, dynamic, complete. I rated 2019 a touch higher, whereas for example I see that Neal Martin rated 2018 higher. I will be buying both vintages for my own cellar.
It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
And now the money has been spent. Just picked up 6x each of '17 and '18 Lafarge Chenes.
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Re: 2019 Burgundy -- What are you buying?

#34 Post by Sh@n A »

RyanC, I had placed an order for those wines at 3:30PM... website error did not go through.. I called the store 2 hours later... was told they saw my order, sold some bottles to "an existing client", and I could now get a couple 18s for 30% higher price "because the bottles were more rare" -- I expressed my shock and they revised their offer to 20% higher than my order 2 hours ago... to which I ungraciously declined. Continental Wine & Spirits.

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#35 Post by Peter Chiu »

William Kelley wrote: February 9th, 2021, 3:31 pm
Shoshana Filene wrote: February 9th, 2021, 1:52 pm Heard from friends in Burgundy that Volnay is particularly strong and from more than one person that D'Angerville is on fire in 2019!
I think these days of generalizing by commune are past, at least in a vintage where it wasn't the case the one commune was e.g. wiped out by hail. There are a lot of good producers in Volnay, so in a good vintage such as 2019, it is unsurprising that many good wines were made. In fact, on paper, given the timing of rain events, one might have been tempted to think that 2019 would have disadvantaged the Côte de Beaune relative to the Côte de Nuits, but that didn't show up in the glass. Anyone who buys some 2019s from e.g. Lafarge, d'Angerville, Thomas Bouley, Thierry Glantenay, Voillot, etc, will not be disappointed.
****Anyone who buys some 2019s from e.g. Lafarge, d'Angerville, Thomas Bouley, Thierry Glantenay, Voillot, etc, will not be disappointed.****

William - thanks for the tip. Of all the producers whom you mentioned above, I am a big fun for : Thierry Glantenay.

One of the reasons is the price. In Quebec, Canada and for example : for vintage 2016 - Thierry Glantenay Santenot is at CA $ 82.75 wheres dAngerville CdDucs is at CA 288. For vintage 2017 Thierry Glantenay Santenot is at CA $81.25 whereas dAngerville Tailepieds is at CA $211.

Currently is Quebec Canada, Thierry Glantenay - Santenot ( and his other 2 1er ) from vintage 2018 - are just being released at around CA $81.75.

Due to your comments that 2018 is a sun-kiss vintage, I bought 3 bottles of Thierry Glantenay 2018 Volnay at CA $ 55. i opened one last week. The wine behaved and tasted like the mirror description - of TNs of the 2018 Charmes Chambertin by Gerald Raphet psoted by Mark Chatwin. It was like Calif/Oregon PN the 1st day and Burgundy the 2nd day......and indeed like wine from a Sun-Kiss vintage.

Meadows said ; 2019 CdBeaue is the best since vintage 1999 and 2019 CdNuits is the best since 2005.

To cut my long story, how would you compare Thierry Glantenay Volney 1er in vintage 2015, 2016. 2017 and 2018.

3 of his 1er crus Volnay are still available in Quebec, Canada for vintage 2016, 2017 plus 2018.

Your opinion will be much appreciated....for my buying (or back-filling ) decision - specifically - for vintage 2015.

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Re: 2019 Burgundy -- What are you buying?

#36 Post by Peter Chiu »

alan weinberg wrote: February 10th, 2021, 6:15 am
William Kelley wrote: February 10th, 2021, 6:03 am
RyanC wrote: February 9th, 2021, 6:32 pm

It's posts like this that cost me money. I love Lafarge -- there may be better wines out there but I'm not sure there are any that I find more enjoyable. Now I need to seek out his '18s and '19s.
I think five years from now, if current market trends continue, you will be glad you bought them when you did.
I remember my horror and a bit of anger when, for example, Mugnier Musigny and Rousseau Chambertin jumped from $110 to $150 per bottle and I got out—no way could it go higher than that . . .
Alan....same happened to me when 1999 Rousseau CdBeze was released in Quebec, Canada.

Luckily the manager of the SAQ store ...forced...me ( and I reluctantly I agreed ) to buy the remaining bottles from him.

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#37 Post by William Kelley »

Peter Chiu wrote: February 10th, 2021, 2:53 pm
Due to your comments that 2018 is a sun-kiss vintage, I bought 3 bottles of Thierry Glantenay 2018 Volnay at CA $ 55. i opened one last week. The wine behaved and tasted like the mirror description - of TNs of the 2018 Charmes Chambertin by Gerald Raphet psoted by Mark Chatwin. It was like Calif/Oregon PN the 1st day and Burgundy the 2nd day......and indeed like wine from a Sun-Kiss vintage.

To cut my long story, how would you compare Thierry Glantenay Volney 1er in vintage 2015, 2016. 2017 and 2018.

3 of his 1er crus Volnay are still available in Quebec, Canada for vintage 2016, 2017 plus 2018.
2016 is the most classic, 2017 the most immediate and charming, 2015 the most concentrated, and 2018 the most overtly ripe. In 2015, Santenots got a bit too ripe, it's better balanced in the other three vintages.

My favorite wine from Thierry, especially in these warm years, might just be his Pommard Sausilles though. You can see the vineyard here: https://www.google.com/maps/@47.0184032 ... 384!8i8192

As you can see, it's situated in a "combe", so cooling breezes help keep things fresh. And Thierry's vines in this parcel are very old.
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Re: 2019 Burgundy -- What are you buying?

#38 Post by Dennis Borczon »

William Kelley wrote: February 10th, 2021, 10:15 am
Dennis Borczon wrote: February 10th, 2021, 10:02 am
William Kelley wrote: February 10th, 2021, 7:53 am

Want to bet a bottle of 2019 Clos des Chênes?
With you Mr Kelley, you are on. What are the terms?
Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
I will take that bet, since I may not be alive in five years! I was thinking more a 20% increase, year on year over two years. One catch, I get to deliver it in person if I lose...

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Re: 2019 Burgundy -- What are you buying?

#39 Post by William Kelley »

Dennis Borczon wrote: February 10th, 2021, 4:46 pm
William Kelley wrote: February 10th, 2021, 10:15 am
Dennis Borczon wrote: February 10th, 2021, 10:02 am
With you Mr Kelley, you are on. What are the terms?
Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
I will take that bet, since I may not be alive in five years! I was thinking more a 20% increase, year on year over two years. One catch, I get to deliver it in person if I lose...
Sounds good! And if the end is really looking imminent five years from now, I will sub a mature vintage for the 2019 champagne.gif
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Re: 2019 Burgundy -- What are you buying?

#40 Post by Mark Y »

Dennis Borczon wrote: February 10th, 2021, 4:46 pm
William Kelley wrote: February 10th, 2021, 10:15 am
Dennis Borczon wrote: February 10th, 2021, 10:02 am
With you Mr Kelley, you are on. What are the terms?
Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
I will take that bet, since I may not be alive in five years! I was thinking more a 20% increase, year on year over two years. One catch, I get to deliver it in person if I lose...
So.... i know math is annoying.. [wow.gif] but 20% yoy increase makes $220 in year 1, $456 in year 5.. [wow.gif] [wow.gif] [wow.gif]

Yr 1- 220
yr 2- 264
yr 3- 316
yr 4- 380
yr 5- 456
Y.e.

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Re: 2019 Burgundy -- What are you buying?

#41 Post by YLee »

Mark Y wrote: February 10th, 2021, 4:52 pm
Dennis Borczon wrote: February 10th, 2021, 4:46 pm
William Kelley wrote: February 10th, 2021, 10:15 am

Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
I will take that bet, since I may not be alive in five years! I was thinking more a 20% increase, year on year over two years. One catch, I get to deliver it in person if I lose...
So.... i know math is annoying.. [wow.gif] but 20% yoy increase makes $220 in year 1, $456 in year 5.. [wow.gif] [wow.gif] [wow.gif]

Yr 1- 220
yr 2- 264
yr 3- 316
yr 4- 380
yr 5- 456
Wouldnt "within five years of today" be $547.43?
-¥ 0 ñ 9

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Re: 2019 Burgundy -- What are you buying?

#42 Post by Dennis Borczon »

Correct, but William did not specify a %, just a number increase at year five. My bet would be $316.00 in two years....

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Re: 2019 Burgundy -- What are you buying?

#43 Post by crickey »

Dennis Borczon wrote: February 10th, 2021, 5:04 pm Correct, but William did not specify a %, just a number increase at year five. My bet would be $316.00 in two years....
Just a warning: the 2015 is currently $500 in the US. (Incidentally, what metric will you use for the price?)
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Re: 2019 Burgundy -- What are you buying?

#44 Post by RyanC »

crickey wrote: February 10th, 2021, 5:19 pm
Dennis Borczon wrote: February 10th, 2021, 5:04 pm Correct, but William did not specify a %, just a number increase at year five. My bet would be $316.00 in two years....
Just a warning: the 2015 is currently $500 in the US. (Incidentally, what metric will you use for the price?)
Yeah... barring a general downtown in the fine wine market--which is always a possibility--I suspect William will win the bet in 2-3 years if not sooner.
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Re: 2019 Burgundy -- What are you buying?

#45 Post by Ethan Abraham »

crickey wrote: February 10th, 2021, 5:19 pm
Dennis Borczon wrote: February 10th, 2021, 5:04 pm Correct, but William did not specify a %, just a number increase at year five. My bet would be $316.00 in two years....
Just a warning: the 2015 is currently $500 in the US. (Incidentally, what metric will you use for the price?)
No, the 2015 is currently offered at $500. Doesn't mean someone pays it. 2015 ducs traded under $300 at auction a few times late last year.

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Re: 2019 Burgundy -- What are you buying?

#46 Post by Peter Chiu »

Merci...William.

The link clearly shows it is indeed a comb. Sadly his Pommard is not available here. In fact his 3 Volnay 1er only started to be here since vintage 2015. Before it was just the Santenots of 2010 and 2011.

Thanks for the information. I owned enough of his 2017. I will skip his 2018 and buy just 3 for match-tastings. Definitely will wait the 2019 - which should be here at the beginning of 2022. [thankyou.gif]

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Re: 2019 Burgundy -- What are you buying?

#47 Post by R. Frankel »

Dennis Borczon wrote: February 10th, 2021, 4:46 pm
William Kelley wrote: February 10th, 2021, 10:15 am
Dennis Borczon wrote: February 10th, 2021, 10:02 am
With you Mr Kelley, you are on. What are the terms?
Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
I will take that bet, since I may not be alive in five years! I was thinking more a 20% increase, year on year over two years. One catch, I get to deliver it in person if I lose...
It is a necessary condition that all such bets must be consummated with an excellent dinner. I will bring a 2002 Lafarge Clos de Chenes to that dinner. Let me when and where. My calendar for 2026 is wide open.
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Re: 2019 Burgundy -- What are you buying?

#48 Post by Curtis Chen »

YLee wrote: February 10th, 2021, 5:00 pm
Mark Y wrote: February 10th, 2021, 4:52 pm So.... i know math is annoying.. [wow.gif] but 20% yoy increase makes $220 in year 1, $456 in year 5.. [wow.gif] [wow.gif] [wow.gif]

Yr 1- 220
yr 2- 264
yr 3- 316
yr 4- 380
yr 5- 456
Wouldnt "within five years of today" be $547.43?
No.
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Re: 2019 Burgundy -- What are you buying?

#49 Post by Curtis Chen »

Ethan Abraham wrote: February 10th, 2021, 5:32 pm
crickey wrote: February 10th, 2021, 5:19 pm Just a warning: the 2015 is currently $500 in the US. (Incidentally, what metric will you use for the price?)
No, the 2015 is currently offered at $500. Doesn't mean someone pays it.
Exactly. This is such an important point. Nothing worse than seeing someone overpay because they falsely believe a single offer of an overpriced listing represents the market.
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Re: 2019 Burgundy -- What are you buying?

#50 Post by William Kelley »

R. Frankel wrote: February 10th, 2021, 5:36 pm
Dennis Borczon wrote: February 10th, 2021, 4:46 pm
William Kelley wrote: February 10th, 2021, 10:15 am

Okay, let's say that the 2018 Clos des Chênes, which is currently trading for around 220 USD per bottle, will have hit 450 USD per bottle on the market (from more than one source) within five years of today.
I will take that bet, since I may not be alive in five years! I was thinking more a 20% increase, year on year over two years. One catch, I get to deliver it in person if I lose...
It is a necessary condition that all such bets must be consummated with an excellent dinner. I will bring a 2002 Lafarge Clos de Chenes to that dinner. Let me when and where. My calendar for 2026 is wide open.
Naturally. You might have to come to Beaune, though... champagne.gif
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