Last week it was observed that viewing the fine wine market in Dollars provides a good perspective of where there is real strength in the market. Similarly, looking at the wines in the Liv-ex 1000 that are up in Sterling but largely flat in Dollars provides a view of where value may remain for Dollar-based buyers.
As the table above shows there are a number of high-scoring wines that look attractive in Dollar terms. Margaux 2000, Latour 2010 and Haut Brion 2010 are all 100-point wines and have hardly moved in Dollars over the last year. Latour 2010 was described as one of the “perfect” wines of the “great” 2010 vintage by Robert Parker.
Angelus 2010 was upgraded to 99+ by Parker in 2015. He downgraded Mouton Rothschild 2009 to 99 points (from 99+) but said it “could turn out to be a candidate for perfection in another 8-10 years.”