2008 Latour out

WINE TALK
1

2008 Latour released today at 140 euros + tax. 2008 Forts at 48 + tax.

Quite a dive from previous years.

2

Still too agressive for me.

3

A big “who cares” for me. Like I need more overpriced wine in need to 20+ years in the cellar at my age. No thanks [1928_middle_finger.gif]

4

Crap, there go my chances of trying it!

5

At 100-120 I would have taken it. At 140 I’m on the fence. Of course if the old man comes with a RP98 rating the price will skyrocket, even in this economy… I’m inclined to buy because my best buying year in Bordeaux was last time wines were released and notes from Parker weren’t known - 2002. I’m still beating myself for not buying way more (and as far as I’m concerned I still went deep in 2002).

I know we joke about “Bdx prices will never decrease” but I think it’s temporary relief - I believe the trend is there to stay, and 2008 doesn’t sound like a horrible year like 91-93.

Taking into account inflation we’re essentially back to 2001 or 2004 prices.

6

The Les Forts works for me. I will be picking a couple bottles up and maybe ONE Grand Vin.

7

Hey Zack,

Not to worry, I have some older vintages in the cellar already. Course they need about 5-10 years more. Look at that 98 Haut Brion…closed up tight. Not much fun drinking closed FGs.

8

Agreed. It will be very interesting to see how the top-tier BDX/Burgundy does as the ‘Millennial’ generation starts to make-up the majority of buyers in the market. My generation looks at $200+ bottles and laughs - the whole idea is viewed as wasteful and not ‘In Vogue’. I recently pulled a $75 bottle for friends who are wine lovers (not geeks) and felt like they were uncomfortable with the situation. There is no prestige in my age group for over-spending on fermented grape juice.

The 'Boomers had access to this stuff for much less pain when they were young and developing their palate. But these wines will be out of reach much longer for my generation, while we find much better value in other regions. The net result may be a whole generation of wine drinkers that don’t have a taste for, and therefore don’t ‘have to have’ top-tier BDX.

But I must be talking out my @$$, 'cuz BDX will NEVER go down! [rolleyes.gif]

9

$198 pre arrival , premier cru.

10

I doubt we will see much movement at this price.

11

I agree and was trying to make that point on another board (not Squire’s). The guys I drink with that are younger than me just don’t go after Bordeaux the same way that I and older winos have always done. Some enjoy it, some even buy a few bottles here and there, but they aren’t waiting in line at the store when a new vintage is released and they don’t play the futures game. I think Bordeaux is turning away the next generation of US winos.

Andy

12

AS one of the younger boozers that Andy hangs with (hey, it keeps him young) - I agree with him…I pick up random bordeaux here and there, but there is no way I am going to drop first growth money when there is so much more out there (forget first growth, bordeaux in general is just insane - I’m not talking about the value bordeaux obviously)

13

199.99 pre arrival price from KL. they are hyping the fact that its the first time a first growth has been priced under $200 since 2002.

that doesn’t make it taste any better though… still, it is Latour. [shrug.gif]

14

IF I were going to buy, I would wait and see what Costco comes in at.

15

Costco will be more. They will not make 5-7% on BDX futures.

16

Glad to see you are back in form Dan. :smiley:
13-14% over cost at Costco plus carry costs for wines purchased pre- release. I doubt that Costco will go too long this vintage although I understand they were represented at the EP this year.

17

France makes wine!!! Who knew. [foilhat.gif]