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June 13, 2016

Chateau Montrose 1996

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Chateau Montrose 1996 – Highly Recommended!
95 Pts WA

12×75 – £1,180 IB
or £1445.95 incl Duty and VAT

Chateau Montrose 2015
93-95 Pts WA, 93-94 Pts JS

12×75 – £1,140 EP
6×75 – £570 EP 

IG Wines offer a choice of bottling for en primeur orders, see below.

En Primeur Expected Spring 2018 

Chateau Montrose has released at £1,140 per case of 12 bottles, a 29% increase on 2014. However, the 2014 saw an increase of 39% on 2013. As such, this marks an 80% increase in two years. Last year signalled a re-positioning, partially justified, by its high score of 95-97 points from Neal Martin, although we still believed it to be too aggressively positioned. However, the 2015 has been awarded 93-95, a clear indication that we can expect Montrose to price above £1,000 per case of 12 bottles going forward.

Looking back at Montrose’s vintages, today’s release price looks completely unjustified, especially considering the exceptional 1996 Montrose, which was recently awarded 95 points by Robert Parker himself in 2014 and which is available today for £1,180. Montrose 1996 is a stunning example of a Montrose in the middle of its drinking window and it will continue to improve past 2030.

One of the premises of wine investment is that wines become rarer as they age, whilst at the same time improving in quality. As such, liquidity is found in younger vintages, when wines are not ready to consume and are supposedly offered at a discount to counteract opportunity costs. Good to excellent vintages have the composite structure to age and improve and their drinking horizon is longer than a vintage such as 2013 or 2007 which are poorer and therefore drink younger and lack the potential for true greatness. This limits truly age worthy vintages and therefore, leading vintages on the market with age are very rare. In the case of Montrose, its leading older vintages are 1989, 1990, 1996 and arguably 2000.  As the table below demonstrates, the Montrose 1996 is the best priced superb vintage. The 1990 and 1989 are far more expensive and extremely hard to source, while the 2000 has an equal score and is more expensive: the 2015 can only hope to score 95 at the peak of its grade and is only £40 cheaper!

Montrose JS WA Price
2015 93-94 93-95 £1,140 
2014 94-95 95-97 £840
2010 97 100 £1,750
2009 100 100 £2,000
2005 96 94+ £940
2000 96 95+ £1,250
1996 N/A 95 £1,180
1990 N/A 100 £4,950
1989 N/A 98+ £2,950

We have tasted the 1996 five times over the last five years and it is glorious, utterly exceptional claret. It has another 20 years ahead of it and with 20 years in the rear view mirror, it does not require cellaring costs. For these reasons we think it makes sense in terms of short to mid-term investment and is a must own wine for drinking today, or until 2035. Our thesis is that the 1996, makes the 2015′s price indefensible, even if it is cheaper than Cos d’Estournel. Stock up on the 1996, it is the vintage the market will be clamouring over for drinking for the foreseeable future.

Also released and available:

  • Pichon Lalande 2015, 12x75cl, £995 – 96-97 Pts
  • Palmer 2015, 12x75cl, £2,160 – 99-100 Pts
  • Peby Faugeres 2015, 12x75cl, £950 – 99-100 Pts
  • Lynch Bages 2015, 12x75cl, £870 – 95-96 Pts
  • Pichon Baron 2015, 12x75cl, £995 – 96-98 Pts
  • Domaine de Chevalier Rouge 2015, 12x75cl, £470 – 96-97 Pts
  • Malartic Lagraviere Rouge 2015, 12x75cl, £350 – 93-97 Pts
  • Duhart Milon 2015, 12x75cl, £500 -90-92 Pts

Click HERE for a review of the Bordeaux En Primeur 2015 Campaign to date.

Chateau Montrose 2015

Neal Martin, 93-95 Points
The 2015 Montrose is a blend of 67% Cabernet Sauvignon, 29% Merlot and 4% Cabernet Franc that was picked between 15 September and 8 October, the fruit sorted three times using three sorting tables, then an optical sorting machine and finally by hand. Matured in 65% new oak, it possesses some of the best aromatics you will find in the appéllation – billowing blackberry, cassis and boysenberry scents all beautifully defined and seamlessly integrated with the new oak. The palate is medium-bodied with fine tannin, commendable depth and a vibrant bead of acidity that lends this Montrose tension from start to finish. The class comes through strongly in this wine, perhaps the best Saint Estèphe this year. Give this a decade in bottle, more if you can, since Montrose tends to repay cellaring.

James Suckling, 93-94 Points
Blueberry, black currant, fresh basil and lemon grass flavors. Full body, velvety tannins, clean finish. Spices. Depth.

 

Chateau Montrose 1996

Robert Parker, 95 Points
This was a very strong year for the Medoc, as opposed to Graves and the Right Bank. The vintage has a very irregular reputation, but not so much for the Cabernet Sauvignon grape in the Medoc. Harvest occurred September 23 and finished October 6, a relatively short period, even at a large estate such as Montrose. The wine has sweeter tannins than the 1995, but doesn’t have quite the ripeness noticeable in 2003, 2005, 2009 and 2010. This wine is the classic, or more traditional style of Montrose, with dusty loamy soil notes intermixed with blackcurrant and blackberry fruit. Licorice, underbrush and floral notes were all present in this wine, which has good acidity and is not far from entering its plateau of full maturity. This was a year where Montrose used a lot of Cabernet Sauvignon in the blend – 76% Cabernet Sauvignon, 20% Merlot, 3% Cabernet Franc and 1% Petit Verdot.

 

To buy this wine please reply to this email or telephone +44 (0)203 195 8055. Offer subject to availability. 

En Primeur - Why buy through IG Wines:

  • We only work with the largest and best financed negociants in Bordeaux
  • We guarantee delivery of all wines purchased en primeur
  • We are owned one third by a large family office and very well-financed
  • Since our foundation in 2011 we have grown our client base to over 1,500 private clients in ten different countries

IG Wines offer a choice of bottling for en primeur orders:

  • Bottles (12x75cl or 6x75cl) – No Charge
  • Halves (12×37.5cl or 24×37.5cl) – £12.00 per case
  • Magnums (6x150cl or 3x150cl) – £7.00 per case
  • Double Magnums (3 x 300cl) – £50.00 per case
  • Imperials (1 x 600cl) – £25.00 each