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May 10, 2018

New Release – Chateau De Pez 2017, 12×75, £235, 90-91 Pts


Today has seen the release of Chateau de Pez 2017 at £235, which marks a 16.1% reduction in sterling terms on the 2016 release. This makes de Pez 2017 instantly attractive. The average case price of de Pez from 2005 through to 2016 is £385, a 64% premium to today’s 2017 release price. In 2017, the wines from the village of St. Estephe could be the trump card, with the Chateau benefiting from immediacy to the Gironde, but also from greater proximity to the Atlantic, creating two fronts of protection against frost. Unsurprisingly, St. Estephe therefore lays claim to the village of the vintage.

In 2017, de Pez has been awarded 90-93 points from Antonio Galloni, who says ‘Pez is the wine to watch in Saint-Estèphe’. Lisa Perrotti-Brown of the Wine Advocate has awarded it 89-91 points describing it as having ‘deep garnet-purple in color with quite a spicy nose giving notions of black pepper, anise, fenugreek and cloves over a core of blackberries and cassis with touches of forest floor and truffles.’ The Wine Advocate score of 89-91 betters the 2015, which trades at £370 per case, the 87+ scoring 2010 trades at £450, the 88+ 2009 at £475 and the 87 point 2005 at £380. De Pez displays excellent vintage premium and the 2017 has been released leaving plenty on the table for collectors. It must now be considered one of the best value buys in the campaign, the quality is excellent and the Estate is on an upward trajectory, this is an excellent buy, not to be missed. Lets hope other Chateau follow de Pez.

Chateau de Pez   WA JS Release Price POP
2017   89-91 90-91 £235 £235 23
2016   92-94 93-94 £280 £295 23
2015   88-90 90 n/a £370 41
2014   89 91 n/a £300 33
2013   84 n/a n/a £360 90
2012   88+ 90 n/a £330 41
2011   84 87 n/a £400 100
2010   87+ 91 n/a £450 64
2009   88+ 90 n/a £475 59
2008   89 n/a n/a £340 38
2007   87-88 n/a n/a £300 40
2006   88 n/a n/a £300 38
2005   87 n/a n/a £380 54

Chateau de Pez is the oldest wine Estate in St. Estephe created in 1452 by Jean de Bricos. Its vineyard is located across from Calon-Segur, in the northern most parts of St. Estephe. Calon Segur is one of the highest scoring wines of the vintage and it is easy to see how the similar terroir has resulted in an exceptional Pez. Today the Estate is owned by the Champagne house Louis Roederer, who bought it in 1995, also the owners of Pichon Lalande. They have been investing heavily in Chateau de Pez, viewing it as a jewel in the village of St. Estephe. In 2016 the blend is 53% Merlot, 42% Cabernet Sauvignon, 3.5% Petit Verdot and 1.5% Cabernet Franc. Production remains around 11,000 cases per year. It is classified as one of the nine Cru Bourgeois Exceptionnels and is known for providing consistently high quality, but remaining inexpensive. In 2016 this is truer than ever and this is a must own wine in the vintage, it will reward for decades in the cellar and provide excellent early drinking too.

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