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Château Palmer 2012 ex-cellar stock released

  • The 2012 Palmer has been released at £3,084 per 12×75.
  • The premium on previously released stock is 28.5%.
  • The wine has 96-points from Robert Parker.

The 2012 vintage of Château Palmer has been re-released ex-cellar for €252 per bottle ex-négociant, as part of the estate’s ‘N-10’ programme.

The wine is being offered internationally for £3,084 per 12×75. This is 45% more expensive than the current Market Price of already released stocks of the 2012 (£2,400). See more pricing analysis below.

Critical response

The 2012 Palmer boasts 96-points from Robert Parker (The Wine Advocate), who called it ‘one of the vintage’s superstars’ back in 2015.

Antonio Galloni (Vinous) gave it 94-points and described it as ‘silky, voluptuous and beautifully layered’.

Lisa Perrotti-Brown MW (The Wine Independent) and Jane Anson tasted the vintage this year and both awarded it 95-points.

Perrotti-Brown observed that the wine ‘explodes from the glass with a provocative perfume of stewed black plums, boysenberry preserves, and licorice, with suggestions of Chinese five spice, dried roses, and sandalwood’.

For Anson, ‘the annual release of 10-year-old Château Palmer, and this time it’s an often-underrated but delicious vintage that sits in the shadow of the most prestigious years of the last decade’.

Fair value

There is certainly value to be found among Palmer’s back vintages. For example, the 97-point 2017 costs £1,880 per case. The 96-point 2019 also looks attractive at £2,300 per 12×75.

Last year’s re-release of the 2011 (£2,736 per case) represented a 32% premium on previous stocks of the vintage. The 2011’s current Market Price of £2,360 still sits below it.

Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 600 merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.