Masseto 2015 released – “simply extraordinary”

Two tranches of Masseto 2015 have been released this morning. The first, which accounts for around 80% of the stock, is priced at €345 per bottle ex-negociant. This is 16.9% higher than the opening price of the 2014 (€295) last year. The second has been released at €365 per bottle ex-negociant.

The wine is estimated to be offered by the trade at around £4,900 per 12×75, an increase of 17.9% in sterling terms on the 2014’s release price of £4,200 per case.

Overall production is down 5% on the previous year.

Antonio Galloni (Vinous) is the only critic to have scored the wine so far. In his tasting note, he commented that “other vintages have been super-impressive upon release. The 2004, 2006, 2010 and 2013 all come to mind. But the 2015 has a level of pure sensuality and allure none of those vintages had when young, with the possible exception of the 2004.”. He added that the wine was “simply extraordinary” and awarded 99 points.

Prices for Masseto are 53% correlated to Antonio Galloni scores. Based on today’s estimated release price of £4,900 per 12×75, Liv-ex’s fair value methodology places the wine below the line. Followers of Antonio Galloni, therefore, may find value in this year’s release. A number of other vintages also look attractive.

 


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