2012 Lamarche Pricing....

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Someone wanna help me out with this one???

Lemme guess. $300+ now for the LGR? Or $400+??

Think we sold it at GBP 1250 per 6 en primeur last January.

So about $325 landed in the USA at the time. Is it $400 now??

Managed to get the Croix Rameau (first time ever…)…but not cheap… I suppose I’ll be out of this market…

Buy the 2006 LGR, great wine and good price too. Din’t like anything else in the line-up.

WS shows a low in the US of $485, and up to $600.

Unfortunately I’m seeing more and more examples of really absurd pricing on 2012 red burgundies. I get it - REALLY small crops and minimal production is met with recent increases in demand. I just hope that reasonable pricing returns in the next vintage or two (and early pricing on some 2013s I’ve seen, namely Jadot, lead me to believe that we will return to lower prices).

They’ll sell through based on limited production and location of the vineyard alone.

Bingo!

Seriously? $500 for this now?
We sold the 2009 for $300

For the LGR,
In '06, I bought the '99s and '02s for an average of $120 per bottle and a 3L for $400
In '07, I bought the '05s for $150.

It’s not that many years later, $500? Nuts!! $300 seems fair. Maybe $250

New winemaking starting in 2006, maybe the pricing reflects someone’s opinion that the vineyard’s potential is finally being fully tapped.

Have to wonder if the untimely passing of the father has caused some sort of inheritance tax or related financial issue (in addition to the general 2012 price increases because of short crop)? Prices were still pretty good on the 2010s I thought.

Cheers,
Blair

It remains significantly the cheapest bottle of wine from that corner of land - I remember LMLB more than doubling the price of La Romanée with 09, in his case because ‘middle-men’ were earning more than him per bottle, and whilst it took me out of the game I agreed with his reasoning. Maybe they can sell even more, for even more in other markets - who knows.

I’ve learned over the years, with a number of wines, it’s always possible to move on - and who knows, maybe there is a correction in the future, maybe not. Don’t think I’ll be adding to my collection (1!) of magnums any time soon though.

Great point – can I hire you to do my taxes? – but I think the price increases, as much as it pains me that the prices now exceed any enjoyment I could get out of any wine, are fully justified solely by the message that there is a new crew in town. Like La Romanee: today’s bottlings, versus the Bouchard 1990’s bottlings, of a vineyard that for all we know La Romanee has the most potential of any vineyard in the world. Or not. Or Grande Rue does. Or not.

But Croix Rameau, despite its very cultish location like Malconsorts Christiane or even parts of Suchots or Beauxmonts or older Gaudichots, is not worth chasing based on the ones I just bought and tried.

Yep. Sensible. Instead of lamenting the price increase, better to rejoice in the great deal that existed for a time…