Offer document CL
S FI N E W I N
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CHÂTEAU LATOUR 2019
A VERY HIGHLY SCORED CHATEÂU RELEASE - STRONG BUY
98 points
99+ points
We are pleased to offer a tiny allocation of three cases of six bottles of Château Latour’s latest mature release, the 2019 Grand Vin. With an average score of 99.5 points & released at a near 10% discount to the 100-point 2016, this is a special asset for both cellar and portfolio. In a vintage already being spoken of in the same breath as 2016 and 2010, Château Latour 2019 stands as one of the most complete and compelling wines of the Médoc. Produced under ideal growing conditions—warm, dry, and perfectly balanced by timely rainfall—this is a Latour of extraordinary depth, precision, and control.
6x75cl - £2,790 in bond
100 points
Latour removed itself from the speculative en primeur market in 2012, and only releases wines when the estate considers that they are ready. From a market perspective, Latour’s post-en primeur release model continues to reshape the traditional Bordeaux pricing curve. By withholding stock and releasing only with maturity, the château effectively compresses the window between critical validation and market availability. This 2019 release, when set against the impressive 2016 release of last year comes with the added lustre of being a smaller vintage, in terms of production levels; thus the inverse supply curve which drives Fine Wine investment will be exacerbated. At a near 10% discount to the 2016, the 2019 is fair value based on the Liv-ex data. When compared to the other Neal Martin 98 point rated vintages 2009 and 2005, the 2019 it is significantly cheaper, by 38% and 12% respectively; thus the 2019 is recommended as a STRONG BUY asset.
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