Le Pin 2017 has been released at €1,200 per bottle ex-negociant, down 33% on the 2016 release of €1,800. It is estimated to be offered by the trade in the range of £18,000 to £21,000 per 12×75 for those lucky enough to have secured an allocation. Le Pin is produced in small quantities and has such a strong following that final prices are often based on long term relationships and allocations.
Neal Martin (Vinous) scored the wine 93-95 points. In his tasting note he noted that it was “a more backward Le Pin at the moment compared to the last three vintages but I am fascinated to see how this ages”.
Matthew Jukes (MatthewJukes.com) commented that “this is a very delicate and resonant Le Pin and I like it very much indeed”. He awarded the wine 19+ points.
Prices for Le Pin are 59% correlated to score. Based on today’s estimated release price of £21,000 per 12×75, Liv-ex’s ‘fair value’ methodology places the wine below the trend line. It may therefore represent an exciting opportunity for buyers who are able to secure the wine at this price.
The slightly higher scoring 2012 and 2011 vintages also look attractive.
Liv-ex members can see ongoing real time prices for Le Pin on our Fair Value analysis tool.