identifying value in back vintages

"The cost of a premier grand cru like Chateau Lafite-Rothschild '82 is nearly $58/ bottle. The public simply won't pay this. I think that a crash is inevitable". Steven Spurrier, Time Magazine, 1985

The Lafite 1982 now sells at around £40,000/ case.

No matter what the current situation on the fine wine market is – there is one simple truth, and that is it is reasonable to assume that regardless of the fine wine market’s invariable day-to-day fluctuations, its prices will continue to move upwards.

As the prices move up, interest in buying wine as a commodity will also increase. As wine is a finite product that does get drunk – the value of high scoring wines will inevitably increase.

Smith Haut Lafitte 2009 price movement

The price movement on Smith Haut Lafitte 2009 after Parker awarded it 100 points – Courtesy FINE+RARE

As I have mentioned on previous occasions, prior to Robert Parkers re- ratings of the 2009’s, the cheapest 100 point red Bordeaux was the Pavie 2000 at around £4,000/ case. There are now several wines from the 2009 vintage with 100 points at significantly lower prices than this. These prices will not hold for long – and the same will apply to the 2010’s when they are re-rated later this year or early next.

Right now however, the market seems to have bottomed, and there are many good opportunities to buy before the Bordeaux 2011 campaign kicks off, as this campaign may push prices up further. 

Vieux Chateau Certan

Vieux Chateau Certan – one of the best wines of 2011?

We have put together a list from the 2000 vintage onwards showing all 1855 classified wines, the top wines of Graves, Pomerol and St Emilion, and key second wines too – along with their current average market price, and Parker scores – this list is incredibly useful in identifying those wines which represent great potential for investment, and those that look hugely undervalued in terms of drinking wines too.

Listed below are some of our tips from this list that still look a steal when considering their price/ vintage and score, along with a link to a selection of the full list (there is too much information for us to publish here, but if you would like more information on the full list, please download the list here or get in touch). If you compare these to different vintages of the same Chateau, or the same vintage and points of differing Châteaux, they look incredibly good value. So much so that it will not be long before consumers recognise the most obvious bargains and act!

This will be updated as the 2011’s are released – but expect market prices to move up on some of the highlights as listed below as the campaign moves on. We will be able to offer most of the wines from the full list, so please do ask if you have any interest.


Lafite Rothschild

Haut Brion

Pontet Canet

Pichon Baron

Leoville Lascases

Lynch Bages

Eglise Clinet



Brane Cantenac


Ducru Beaucaillou

Grand Puy Lacoste

Gruaud Larose

La Chapelle Ausone

La Lagune

Lafon Rochet

Larcis Ducasse


Latour a Pomerol

Le Bon Pasteur

Le Gay

Leoville Poyferre


Malescot St Exupery

Saint Pierre

Smith Haut Lafitte


Petit Haut Lafitte (2nd wine of Smith HL)

Clos Fourtet


Pontet Canet

Smith Haut Lafitte

Beausejour Becot

Beausejour Duffau Lagarosse

Branaire Ducru

Ducru Beaucaillou

Gruaud Larose

La Gaffeliere

Larcis Ducasse

Saint Pierre

Smith Haut Lafitte



Lynch Bages

Haut Bailly

Pichon Baron

Pontet Canet


La Fleur Petrus

Pavie Macquin



Others to look at

Latour 2000

Latour 2003

Cos Estournel 2005

La Mission Haut Brion 2000

Leoville Las Cases 2000

Las Cases 2002

Malescot 2005

Margaux 2000

Montrose 2000

VCC 2006


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About Us

Ditton Wine & Spirits buy and sell fine wine.

The finest wine, at the very lowest prices. For drinking & investment; for both Private and Trade customers.

Ditton Wine & Spirits are exactly that, wine traders. Since 2004, we have bought & sold fine wine on a daily basis, at fair and competitive prices.

The prices you see on the website are the prices you pay – with no hidden extras. The advice is free here too. We do everything possible to make sure we keep our costs down. There is no shop – we use the phone and email. We don’t employ a lot of staff and we don’t have a swanky London office.

As a result, we are able to operate on a much lower margin than many of our competitors. Our ever increasing network of negociants, distributors, wholesalers, retailers and private stock-holders means we will frequently bring you ‘impossible to match’ deals. We specialize in the best wine from Bordeaux, as well as a fast growing list of the most sought after wines from Burgundy, Champagne and Italy.