Back in November, it was announced that Margaux 2015 would be released in a commemorative bottle. Before this was revealed, it was bid at £6,600 on the market. Just a few days later it was bid at £7,500 per 12×75 and merchants reported strong demand.
Today, it commands a Market Price of £12,000 per 12×75. Buyers lucky enough to have obtained the wine for £4,260 at En Primeur will, no doubt, be pleased with such rapid returns.
Given the recent highs of Margaux 2015, it is worth considering its performance in the context of other equally great vintages. As the table below shows, four other Margaux vintages have received, at some point, 100 points from either Neal Martin or Robert Parker. Yet the prices of these older vintages remain comparatively low. The 100-point 1996 vintage, for example, is currently available at a 51.1% discount to the 2015.
Margaux 2015 becomes physical in the UK later this month, which will undoubtedly lead to increased trade. Might some be tempted to switch vintages?