Samstag, 2. Februar 2013

Bordeaux 2009 - prices sagged

The prices of Bordeaux 2009 have fallen since release (first time since 1997). Especially the first growths were not an ideal investment solution. Like in 1997 the problem was overpricing. "Demand from Asia gave the Bordelais the confidence to ask for unprecedented prices for the top 2009s (and 2010s) but investors have been left with a nasty taste as they have watched prices soften."
Currently the average price of 45 top red 2009s is 3,5% below release price.


Original article: http://www.jancisrobinson.com/articles/a201301312.html