ROME -- I am boarding a plane from Rome to New York for the Wine Spectator Grand Tour tonight, and I just read James Hannan’s remark about Bordeaux. I am scratching my head a bit. I have the same idea about how Bordeaux represents relatively good value, even many of the top wines, and it doesn’t seem that many people understand this.
Here is part of what he posted on one of my blog posts:
"Relatively new to the Bordeaux futures market, but it is clear that there are many very good wines that are reasonably priced. For example, I have cases of the '03 Leoville-Poyferre, Branaire-Ducru and the Pontet-Canet on order, all in $55/bottle range. These wines are actually a good value when compared to top wines from anywhere else in the world-for example, the Almaviva from Chile is $85-90/bottle and similarly rated California wines are in the $100+ range. (While many great wines are made in the New World, I don't think they have the qualities of a great Bordeaux-ageworthy wines of refinement and subtlety with soul and character that are great with food. In general I haven't found New World wines to match with food as well--they tend to overwhelm the food)."
There are going to be some crazy prices for wines in 2005. We all know that. But the majority will be reasonably priced, and I am sure that you will be able to find some superb wines as futures from $15 to $50 a bottle. I am positive.
Don’t you believe me?
And compare many top Bordeauxs to comparable high quality wines from most other parts of the world, and they really are well priced. No?
George Fischer — Cleveland, Ohio — May 2, 2006 12:52pm ET
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