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February 19, 2019

New Release – Cristal 2009 Magnums, £330, 97 Pts

cristal.001

This afternoon we are thrilled to be able to release the newest vintage of Cristal magnums, the superb 2009. The 2009 vintage is famed in other regions and in Champagne, conditions were superb, producing a clean and healthy crop. The best grapes in 2009 came from Montagne de Reims and Ay and the Pinot Noir grape in particular. This is reflected in Cristal, which has 60% Pinot Noir and 40% Chardonnay, a clear beneficiary of the vintage’s splendour. Cristal 2009 is sourced from the finest vineyards in Champagne, the Pinot Noir heralding from Ay and the Chardonnay from Mesnil and Avize. Cristal 2009 has received brilliant scores, with 97 points from James Suckling, 96 from Antonio Galloni and 95+ from the Stephen Reinhardt.

Cristal 2009 has a brilliant aggregate score, viewed as a vivid representation of Cristal. Indeed, it boasts wonderful fruit purity, extremely subtle and elegant mousse, it is one of the most approachable young vintages in memory. It is drinking beautifully now, yet these magnums will also improve for decades. Priced at £330 per magnum on release, this is a superb buy for Champagne collectors. Cristal magnums show a superb vintage premium which becomes evident after four to five years from release. The 2004 trades at £425, the 2002 at £500, rising quickly to £750 for the 1999, £850 for the 1996 and £1,150 for the 1990. It pays to buy on release and get access to the stock at the lowest point in its ageing cycle.

Indeed, Cristal average 25,000 to 32,000 cases per vintage, making it one of the lowest production uber cuvees. However, the market for magnums is a whole other ball game, with an estimated 2% of production going into large formats. With minuscule quantities available on the market, just a fraction of the regular 6×75 format, the shortage of availability is thus drastically amplified. Magnums are released on average a minimum of one year after standard bottles. The next magnum release will be the 2008s for which the six packs rose 50% in value almost overnight, moving other vintages up in lock-step. We expect a similar event when 2008 magnums release; fulfilling anyone outside of allocations here will be even harder than for cases. Cristal has not been made in 2010 or 2011, which will stretch supply of magnums even further.

The Liv-Ex Champagne 50 has achieved 40.64% over the past five years (8.13% annual average) and 85.17% over the last ten years (8.52% annual average). Alongside the gains seen in 2018, the Champagne 50 has also generated the second best CAGR amongst the Liv-Ex indices with a figure of 9.35%. These impressive growth figures have contributed to a total index gain of 285.17% since January 2004. Cristal is clearly leading the charge in this sector with a 15% average return since January 2018. Market availability for magnums is much thinner than cases of six, making them extremely collectible. Each is sold as per the photo above, within its own beautiful wooden casing and today we are pleased to be able to offer a special price of three magnums, for £950.

To buy this wine please click here