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2011 July 11
by Mike

The method to their madness: Several Bordeaux eminences explain to Jancis Robinson how they decided on the release prices for their 2010s.

Austerity for thee but not for me: Congressman Paul Ryan is caught drinking a very pricey red Burgundy. I’m not a Ryan fan, but I think this controversy is completely asinine.

Shipping news: Champagnes Salon, Delamotte leave Wilson Daniels and are now being represented in the U.S. by Vineyard Brands.

A meal fit for a prince and his wannabe runaway bride: a blow-by-blow account of the feast that Alain Ducasse orchestrated at the bizarre royal wedding in Monaco. What will last longer, the marriage or the leftovers?

7 Responses leave one →
  1. JPH permalink
    July 12, 2011

    Wine notes on the Monoco wedding from the South African site Grape:

    Lack of marital bliss notwithstanding, nice bit of PR for SA producer Dombeya.

  2. mauss permalink
    July 11, 2011

    Prices in Bordeaux :
    In private, their language is different. They know they have asked prices at the top of the top. Many wines remain unsold and I guess next year the prices will be lower… which implies indirectly that the quality of the vintage will be lower too (they will need a reason to explain the decrease in price).
    Ryan story :
    I do not like too much this kind of article. If the press is going that way, especially with all the facts (false or not) on facebook or tweeter, it will just be impossible to make safe sins !

  3. Jack Bulkin permalink
    July 11, 2011

    I’m glad I already have a few bottles of great Margaux in my cellar. I would never pay the current tariff for any vintage.
    Thanks for the Paul Ryan piece. The divide in this country from the haves and have nots has never been greater. The Class that now feels “Entitled” is not receiving Medicare or Social Security, but paying historically low tax rates that their lobbyist dollars continue to pimp. Paul Ryan may struggle to win his next election. He is so out of touch with common people that I hope he will lose a majority of them

  4. July 11, 2011

    It’s not the price tag that’s eye-popping for the Echezeaux. It’s not really even the fact that it was a 2004 and prudence would have said that it may be too young, if they didn’t know the wine.

    The galling aspect comes more in the fact that it took 90 minutes to down TWO bottles of it between the three of them. A 90-minute meal with wine that cost $700? That’s callous, unthinking crap in my book. Three hours minimum.

  5. July 11, 2011

    Fair point, Keith. If I were in the market, I would much rather be backfilling older vintages than paying the insanely inflated prices for new releases, and I know that a lot of buyers have been doing just that.

  6. July 11, 2011

    Interesting article from Jancis Robinson. So, Corinne Mentzelopoulos of Chateau Margaux told Jancis that in pricing their 2010, they “mak[e] sure in particular that our release price is below the current market price of our former great vintages: 2009, 2005, 2000, etc.”

    I’m going to call B.S. on that. While the $900 Chateau Margaux 2010 may be roundabouts the same ridiculously inflated price as the vintages Mme. Mentzelopoulos mentioned, it is vastly more expensive than the current market price of such “former great vintages” as 1996, 1995, 1986, and 1983. A savvy shopper may even be able to pick up the great 1990 for the same tab, which has a 20-year head start on maturity.

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