WO Exchange Top 20 – Best deals against Market Value

by Wine Owners

Posted on 2015-03-11

A week into March, activity on the fine wine exchange has been steady off the back of record highs in January and February. The focus has clustered around older vintages of Bordeaux, in line with market expectations which indicate that apart from ‘perfect’ wines there is as yet modest appetite for 2009 and 2010, let alone more recent vintages.

In vintages which are attracting more favour, however, successful bids have been closer than ever to market price, and seem to indicate the beginnings of wider price improvement.

The WO First Growth Index shows improvement still from December, though shedding a point from early February’s level, perhaps following a slight trading lull post Chinese New Year.

With that in mind, worth noting that there are still many offers that are below either market level, or best UK market price, and by no means are these all Bordeaux. In fact, a ‘best 20’ offers includes extraordinary variety at best-in-market prices: Insignia 1996, Grange 2009, Rousseau Clos des Ruchottes 2000, and big bottles of Ausone 2005 and La Mission 2001.