The Mid-Autumn festival in China – an inherited custom of moon sacrificial ceremonies – is taking place between 22-24 September this year. The harvest and full moon are celebrated, with wine playing a key role in the festivities.
One wine that is particularly relevant at this time of the year is Mouton Rothschild 2008, which features a moon on its label. The artwork was designed by the Chinese artist Xu Lei. On their website, Mouton Rothschild commented that the label combines “the cosmic and the intimate”, asserting “the role of great wine as a link between people and cultures”.
Like other wines from the vintage, which were released during the financial crisis, Mouton Rothschild 2008 has seen significant price movements since release. As the chart below shows, the wine was at its peak during the China-led boom. It surged in October 2010 and reached £8,288 by the end of that year. This is 373.6% above its release price of £1,750.
The wine has undergone a slow and gradual increase in value in the past four years after reaching a post-boom low of £2,400 in 2014. So far this year, its Market Price has remained in the £4,300-£4,500 range. It is currently at £4,500 per 12×75.
All of the 2008 First Growths have increased by over 100% since release. Mouton Rothschild is currently up 157.1%, making it the third best behind Lafite and Latour.
When writing for The Wine Advocate last year, Neal Martin awarded the wine 95 points, describing it as “destined to turn into one of the ‘dark horses’ of the decade”.
Two years ago, the Managing Director, Philippe Dhalluin told Liv-ex that the process for choosing artists to design its unique labels “is very natural” due to Mr. Julien’s [de Beaumarchais de Rothschild, son of Baroness Philippine de Rothschild] close relationship with “the art world”. To read the full interview, please click here.