Canon 2016 has been released at €72 per bottle ex-negociant, up 20% on the 2015 release price (€60). It is being offered by the international trade at £880 per 12×75, an increase of 17.3% on the opening price of the 2015 in sterling terms (£750).
Canon 2016 received mostly high scores from critics. Jane Anson suggested that the wine “is right at the top of what St-Emilion can offer” and scored it 98. Neal Martin awarded it a similarly high 97-99 points but commented that “the 2015 might be a hair’s breadth better”.
Fortunately for interested buyers, the price of the 2016 is more than a hair’s breadth lower than the current price of the 2015. In fact, the 2016 is available at around a 50% discount to its older sibling, making it a likely target for collectors. It also falls below the price suggested by ‘fair value’ methodology, as shown in the chart below.
The 2014 and 2012 vintages may also look attractive.
Liv-ex members can see ongoing real-time prices for Canon on Market View.