The second wines of the Bordeaux First Growths have been soaring. Over 12 months, the Second Wines 50 Index has climbed 19.5% compared to gains of 7.4% for the broader Bordeaux 500 index over the same period.
Within the Bordeaux 500 five of the top six performers are second wines, led by Petit Mouton which has gained a staggering 28.7%. There is one interloper: Beychevelle has climbed 22.7%, ranking it in third place.
The recent successes of the second wines has been driven by Asian demand for popular brands at lower price points. It will therefore come as no surprise to many to see Beychevelle – with its dragon boat label – among their ranks.
The table below shows how the ten most recent physical vintages of Beychevelle have performed over one year. The younger and cheaper vintages have made the greatest gains, suggesting price-driven demand within the brand.
The recently released 2013 was the cheapest one year ago and has gained the most by a significant margin. The exception is the 2011, though it is also the lowest scoring vintage.