Lafite Rothschild 2014 has proven to be a big success in this year’s en primeur campaign, with Sotheby’s reporting that the latest vintage from the Pauillac First Growth estate has been their best-seller for the second year in a row. The auction house has been pleasantly surprised by the stronger-than-expected demand for the vintage as a whole, with sales up 90% in value compared to the 2013 vintage.
James Ritchie, CEO of Sotheby’s Wine, Americas & Asia, has attributed the success to ‘exceptionally strong demand in North America’, with 70% of their sales of 2014 wines going to buyers in that area. Reporting particularly high demand for the First Growths, Ritchie praises ‘the price to quality ratio of these wines,’ saying that the wines, which are widely believed to be the best Bordeaux has produced since 2010, offer ‘very good value when compared with other vintages in the market’.
Lafite Rothschild 2014, which has received an ‘outstanding’ to ‘extraordinary’ score of 94 – 96 points from Neal Martin at Robert Parker’sWine Advocate, has been noted as offering particularly good value. In a recent Liv-ex report (http://www.blog.liv-ex.com/2015/06/bordeaux-2014-bringing-the-buyers-back.html) the First Growth, along with its second wine Carruades de Lafite, were named the top ‘best buys’ of the vintage, showing a 41% discount compared to the current market prices of the 2006 and 2008 vintages. These reports affirm our view that Lafite Rothschild 2014 has good potential to show excellent future growth.
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