Blue Chip Burgundy Index
by demetraWO#11:00:41:817
2014-04-22
The Blue Chip Burgundy Index is focused on Grand Cru and a small number of top Premier Cru burgundy from the region’s top producers.
These wines are difficult to get allocated at first release in the first calendar quarter two years after harvest, and tend to jump in value as soon
The Blue Chip Burgundy Index is focused on Grand Cru and a small number of top Premier Cru burgundy from the region’s top producers.
These wines are difficult to get allocated at first release in the first calendar quarter two years after harvest, and tend to jump in value as soon as they find their way into the secondary market - such is the competition to own them. So buying in at first release gives the buyer the greatest upside, yet as the graph shows, the upward trend has been irresistible over the last 7+ years.
Once acquired, a significant proportion of these wines never see the light of day again except for when a cork is pulled a decade or so after release. Such is the passion for great burgundy. Does the incredible market performance over the last few years change that we wonder, as more elite producer wines become ultra-expensive - and straying into the lower reaches of DRC, Leroy and Jayer price territory? Nothing has performed as well as fine burgundy in this period, and burgundy’s charted performance (blue) versus the Medoc and Libournais indices (green and orange respectively) looks even more dramatic when compared over the last 3 years.
as they find their way into the secondary market - such is the competition to own them. So buying in at first release gives the buyer the greatest upside, yet as the graph shows, the upward trend has been irresistible over the last 7+ years.
Once acquired, a significant proportion of these wines never see the light of day again except for when a cork is pulled a decade or so after release. Such is the passion for great burgundy. Does the incredible market performance over the last few years change that we wonder, as more elite producer wines become ultra-expensive - and straying into the lower reaches of DRC, Leroy and Jayer price territory? Nothing has performed as well as fine burgundy in this period, and burgundy’s charted performance (blue) versus the Medoc and Libournais indices (green and orange respectively) looks even more dramatic when compared over the last 3 years.
Posted in:
Fine wine analysis,
Tags:
Blue Chip Burgundy Index, Burgundy wines, Libournais index, Medoc index, wine index,
Value, track and trade fine wine
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