 |
Spotlight On: Krug Clos du Mesnil 1995 vs. 1996
Wednesday, November 19, 2008 |
|
|
Spotlight On: Colgin Tychson Hill Vineyard 2001 vs. 2002
Wednesday, October 22, 2008 |
|
|
Spotlight On: Château Haut-Brion 2000 vs. 2001
Wednesday, October 08, 2008 |
|
|
Spotlight On: Cos-d’Estournel 2000
Wednesday, September 24, 2008 |
|
|
Spotlight On: Calon-Ségur 2003
Wednesday, September 10, 2008 |
|
|
Spotlight On: Joseph Phelps Insignia 1999
Tuesday, August 26, 2008 |
Spotlight On: Chave Hermitage 1990
Now is the time to purchase a Jean-Louis Chave Hermitage 1990 at auction
John Siudut
Posted: Tuesday, August 12, 2008
The price tag for the Jean-Louis Chave Hermitage 2003 (99 points, $250 release price, $515 current auction price) has already reached $515, in turn putting upward pressure on the prices for older vintages. The Jean-Louis Chave Hermitage 1990 (96 points, $63 release, $623 current) has been particularly strong in terms of price appreciation recently.
After trading in the $300 to $400 range for nearly three years, the wine’s value began to take off beginning in the third quarter of 2006. A year later, the wine’s value rose 60 percent and reached an average high of $671. Since then the average price has dropped slightly, and while it is not uncommon to see the wine sell in the low $500 range, most multiple bottle sales fall around $600 per bottle.
Now may be the time to pick up this wine, as there are indications from sales abroad that prices may be headed higher in the future. At Acker’s recent sale conducted in Hong Kong, a case of Chave Hermitage 1990 sold for $11,495, or $957 a bottle.
 |
| This data comes from the Wine Spectator Auction Index, a composite of average prices for wines sold at commercial auctions. This chart shows the average auction prices of Jean-Louis Chave Hermitage 1990 from 1995 to the second quarter of 2008. |
Currently on Wine Spectator Online:
- The Thanksgiving Table, Part 2
Turkey tips and 8 California Rhône-style red wines to match - Unfiltered: Wine Lovers Put President-Elect Barack Obama in Office
Plus, a dentist visit to look forward to; making Champagne the centerpiece, literally; a thief with good taste and bad planning; good news and bad for Michigan wine lovers - Neither Hail Nor Mildew Can Stay Beaujolais Nouveau
A blind tasting of 9 of the first French wines of 2008 (plus one Italian) shows a vintage with promise, thanks to excellent weather in September - U.S. Sparkling Wines Alphabetical Listing
- Oregon Alphabetical Listing
Advertisement
