The virtues of the 2015 vintage in Bordeaux cannot be overstated. In particular the village of Margaux produced what could be its finest vintage ever, collectively magnificent. Rauzan Segla 2015 was awarded 96-98 points from Neal Martin and 97-98 from James Suckling on release, sold ex-London at £530 per case of 12. At the time of the release we posited it would settle at £800 within 24 months. Since its release, it has been awarded 97 points from the Wine Advocate and James Suckling. The 2015 vintage has cemented Rauzan Segla as one of the hottest properties in Bordeaux! The 2015 has risen to £900 per case of 12, however, it remains undervalued and a must own wine. The table below shows the other wines in the same score bracket as Rauzan Segla and the numbers are extremely compelling. In the context of the vintage it is a bargain, it is after all a leading Second Growth priced at £75 a bottle. Chateau Palmer, its closet geographical neighbour, whose vineyards are opposite, was awarded 98 points, but costs £2,700 per case of 12, Rauzan Segla 2015 even outscores Lafite Rothschild.
We believe the global cachet of Rauzan Segla will continue to rise over the next decade. In fact, at the time of the 1855 classification the Estate was considered one of the truly great Second Growths. In 1994 the Estate was bought by the Wertheimer Family of Chanel, who have put in place a superb wine making team headed up by David Orr and John Kolasa of Chateau Latour. It is now maximising its full potential, while its luxury connection to Chanel has allowed it to strengthen its brand globally. However, it is hard to imagine it can create a finer wine than in 2015, its finest modern vintage. Yet the 2015 remains undervalued vertically, as demonstrated in the table below, today’s price for the 2015 vintage is trading at a healthy 12% discount to the 2010, 25% discount to the 2009 and 22% discount to the 2005 who are all much lower scoring vintages.
|Rauzan Segla||WA||JS||Price (12×75)||POP|
In 2015 the blend is 63% Cabernet Sauvignon, 33% Merlot, 3% Petit Verdot and 1% Cabernet Franc and the Estate produced around 10,000 cases, considerably less than the majority of other First and Second Growths. A price of £75 a bottle for a Second Growth with 97 points is hard to find indeed in any vintage, giving it a Price Over Points ratio of 53, which is magnificent and a brilliant indicator of its superb value. This is a must own wine for any collection, it will look like a brilliant buy in the coming years, among the finest Bordeaux wines in any cellar. Lisa Perrotti-Brown describes it as having ‘a myriad of softly spoken fresh berry, floral and fragrant earth notes, including crushed red and black currants, black raspberries and menthol notes with touches of cigar box, lavender, violets, smoked meats, black truffles and chargrill… Very polished and precise, this Rauzan-Ségla is truly a triumph!’ James Suckling calls it ‘racy and very long. So impressive’. Finally, Antonio Galloni declares ‘don’t miss it… Readers lucky enough to own the 2015 can look forward to several decades of fine drinking’. This is a brilliant wine, which is set to double in value over the coming decade, however, we suggest it for those who love great Bordeaux, we view it as one of the great bargains.
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