Dear Friends and Clients,
I have found a very special parcel of wine for you, this is something that is very exclusive. I don’t often get the opportunity to recommend this kind of wine to you. In fact I am restricted to only 10 cases with this offer since it is an older wine so it is impossible to find in large quantities.
I can only offer you one case of this wine since I’m short on quantity, but I can tell you it’s worth even having one case in your portfolio because it is very special.
The wine is called Chateau Latour and the vintage is 2004.
As you know Chateau Latour, it doesn’t need any introduction. This is considered one of the most prestigious wines of the 1855 Classification.
What makes it special is the vintage, which is heralded as one of the great vintages made for Bordeaux wines. 2004 was a very good year for Bordeaux wines. Especially for Latour.
This Latour 2004 has been awarded 95 points from the critic Robert Parker. An excellent rating for a wine priced below 3500 pounds/case.
Here is an excerpt of his tasting note:
“This Latour 2004 from Frederic Engerer was a terrific effort and a very impressive offering.”
What I like about this as an investment is that it has performed very well in the past. It started off around 1400 pounds/case. It then went up as high as 4900 pounds/case in 2011.
Currently, it is being offered by a number of merchants in Europe for a starting price of 3350 pounds but some merchants are selling it for 3500 pounds. And these merchants selling at 3500 pounds are usually very competitive.
The reason some are marking a higher price is because the market is moving higher. Therefore, the bigger firms who can afford to hold onto stock are placing the price much higher in expectations that their stock will sell quickly as soon as those merchants offering the lower prices are sold.
This is what happens in a bullish market sentiment which we are seeing in the wine market at the moment.
Now, I have managed to secure this wine for you for 3250 pounds/case. The stock is in 12 bottles and held in our warehouse in the UK in Original Wooden cases.
I anticipate some good growth on this wine over the next 2-3 years of at least 12% per annum compounded, not only because of the direction of the market but also because the price is still 30% off its highs of 2011. This means you can buy an absolute blockbuster of a wine for 30% less than you could buy it for 4 years ago! Its amazing, don’t you think?
Think about this scenario – in three years the price should appreciate to 4300 pounds/case. It would still be 10% cheaper than the price it was in 2011. I’m not saying it will be worth 5000 pounds in three years but there’s a pretty good chance given where the market is heading.
Such a great opportunity, if I was not buying so much wine at the moment, I probably would be buying the whole parcel for my own portfolio and not making a recommendation to be completely honest.
What do you think?
Would you also like to add a case to your portfolio? Please let me know.
