A surprising outcome for Haag- long a favored and esteemed estate, and whose wines have received particular praise this year. That said, these have been on a more stealthy- but still solid- uptick than some wines which had a year or two with insane increases that drew much attention, and so in the context of the past 10 years these are still good numbers.
Kabinett down 34% and 32%, respectively, in bottle and magnum, at 60 and 205 Euro.
Spatlese down 41% and 21%, respectively, in bottle and magnum, at 83 and 300 Euro - with the highly prized trio of 3L bottles selling at 830 Euro each, up 6% from last year.
The Dr. Thanisch Doctor bottling alternates each year offered between Kabinett and Spatlese. Last year was Kabinett, and this year we have Spatlese- so not a perfect comparative.
That said, the bottles were up an impressive 42% at 85 Euro, the largest percentage increase so far today for a 750mL bottle. Magnums and double magnums went the opposite direction- down 2% and 35%, respectively, but still fetching a better volume premium than most other large formats so far today.
The surprising drop in Schaefer pricing now gives a more understandable context for what happened with Haag.
Kabinett down 35% and 17% in bottle and magnum respectively, closing at 100 Euro for the 750ml bottle size.
Spatlese down 67% and 40% in bottle and magnum respective, closing at 150 Euro for the 750 ml bottle size.
I need to look back and 2020 and prior data- but these results most certainly wipe out the gains of last year, and to some degree the year prior.
Take these results along with Haag and Prum - and it paints a picture of a return to a more historically typical long term upward trend (with this being the year of correction of a few years of excess), with Prum an apparent outlier due to the fact they only offered one wine this year (meaning if there had been the full array I think the Spatlese price would have dropped quite a bit.)
Dr. Loosen, with deservedly one of the most loyal and dedicated fan bases of all the great German estates, has unsurprisingly turned in a very solid year compared to the results so far.
Spatlese hammered at 46 and 95 Euro for bottles and magnums, respectively, down 10% and 21%.
The Auslese hammered at 220 and 420 for half bottles and bottles, respectively, flat and up 2%. This is an exceptional outcome for an Auslese in these times and again evidence of the great love for this estate from a core group of wine drinkers (versus collectors and investors). The Auslese has been trading reliably at these levels for some years now.
Tough to say. That is the one solid gold blue chip investment wine in this whole bunch, so I have predicted a slight uptick, but even after what we have seen already today, I would be surprised to see it drop more than 20% if it does drop.
I am not bidding on it- I took a safer bet this summer on secondary market 2009 Kabinett Auction at less than $400 USD per bottle (and within a decade of maturity hopefully- this wine takes forever to get there.)
This is my 9th time here at the auction.
Was there for vintages 2013-2015-2016-2017-2018-2019-2020-2021 and now 2022. Only had to miss the Auction in 2015 for work when the 2014s were auctioned.
In any case, for me the wines from A.J. Adam were a steal and bought them for the third year in a row.
Also managed to buy some Willi Schaefer Spätlese at (I think) a very good price. Rated this 96-97/100. IMO the best Spätlese at this Auction. Not as good as the 2021 however, but that was € 450,- if I recall correctly and now € 150,-.
The best Kabinett? Egon Müller easily with 96-97/100 imho. Interesting to see what the prices will do later on in the Auction…
The best wine in the entire Auction? The 2015 Egon Müller Riesling Beerenauslese. I rated this 98-100/100 this morning.
And since the internet is working our fellow Dutchman Edwin Vos is making haste with the lots. Might just be on time for dinner this year
After a mixed day, Maximin Grunhaus turns out a solid result with Kabinett hammering at 81, 152 and 2100 Euro for bottles, magnums and 3L, respectively. This represents a reduction of 5%-6% on bottles and magnums, and 16% on the double magnum- but that still is better than what we have so far seen at many other addresses.
And a solid performance on the Eiswein with a very small spread between the bottles and halves due to the very high ratio of bottles to halves offered (same phenomenon as we saw last year with Lauer’s GG magnums and sometimes as well with Egon Muller- though there due as much to absolute dollars as the ratio of formats.)
Halves - 440 Euro
Bottles - 505 Euro
Magnums - 1,700 Euro
Well, Peter Lauer is finally having its break-out moment. The increases are not as drastic as we witnessed from some others in recent years- but given that many of those giant gains were clawed back this year, this is a very good outcome- and would historically be considered so.
Kabinett #5 is up 20% and 27% for bottles and magnums, respectively.
Both Spatlesen hammered at 55 Euro- 11% down for #23 and 10% up for #24.
The best news for Lauer is 1,500 Euro for half bottles of the 2011 TBA. Even with only 12 halves offered, that is a price level rarely seen outside of Haag, Prum and Muller circles. Congratulations!
Interesting to see Lauer buck the trend. Sad for me though - after winning Lauer auction kabinetts the last few years, I missed the ‘22s by a single Euro.
