THE GLOBAL SOURCE OF FINE WINE AND SPIRITS
The Drinks Business makes our Château Péby Faugères number one in its list of Five Bordeaux Fine Wine Brands To Watch, saying it “is also the best in terms of price performance on the Liv-ex marketplace among all the labels featured in the Power 100 2016. It’s from Bordeaux, but it isn’t a big left bank property, but a little-known wine from a two-hectare parcel of primarily Merlot in Saint-Emilion that is owned by Château Péby Faugères.
Justin Gibbs explains the rise of this tiny property. “It’s a Parker thing: the 2009 had 99 points, the 2010 got 98+, the 2012 97… and it’s not big production, so it’s top because it rose 33.6% in price over the past 12 months, but it only traded five vintages, and the volumes are light. “It’s not a very powerful brand yet, it’s a sort of garage wine, we are back to the Valandraud scenario”, he adds. By this, he is referring to the wine widely credited as kick-starting the garage wine movement in the 1990s.
And if Péby Faugères is to become as collectible as Valandraud, which has an average price on the Liv-ex marketplace of around £1,600, almost three times the price of Péby Faugères, then this niche right bank estate could be one to start amassing now.
Château Péby Faugères
• Position in the Liv-ex Power 100: 75 (new entry)
• Proportion of trade on Liv-ex by value: 0.15%
• Proportion of trade on Liv-ex by volume: 0.15%
* Price rise: 33.6%
• Average trade price per case in 2016: £665
• Number of vintages traded: 5
(All figures noted above are sourced from Liv-ex and cover the 12-month period from 1 September 2015 to 31 August 2016)”
Image: copyright JB Nadeau