On March 21, Latour is expected to release the total remaining stock of its 2000 vintage and the 2009 vintage of its second wine, Forts Latour.
The high-scoring Latour 2000 last traded on Liv-ex at £6,800 per 12×75 (€722 per bottle), down 40% from its peak in March 2011 when it traded at £11,275. It has a current Market Price of £7,200 (€767 p/b) and received a score of 98 points by Robert Parker. Current best live bids and offers stand at £6,700 (€712 p/b) and £6,850 (€727 p/b) respectively.
Forts Latour 2009 last traded on Liv-ex at £1,210 (€128 p/b). This is 48% lower than its peak price of £2,306 on the Exchange in June 2011. The wine was awarded 95 points by Robert Parker. Current best live bids and offers are at £1,210 (€128 p/b) and £1,280 (€136 p/b).
With 95-points, 2009 is the second-highest ranking of the vintages released since 2000, pipped only by the 97-point 2010 vintage.
Some recent ex-Chateau releases, such as Pontet Canet 2006, came out above the current market prices of the respective wines. Anecdotal evidence suggests they did not sell through. In the case of Pontet Canet 2006 the release did, however, stimulate secondary market activity and price increases.
Mission Haut Brion 1998, on the other hand, was recently released ex-Chateau at a price equal to its Market Price and is reported to have sold through.
Robert Parker once said that Latour 2000 “flirts with perfection” and called Forts Latour 2009 “possibly the best second wine ever made” at the property. The quality is there – but will the price be as good?
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