Chateau Pavie 2019

A Right Bank, Saint-Émilion wine – upgraded to Grand Cru Classe A status in 2012, joining Ausone and Cheval Blanc. It should also be noted that Angélus was upgraded in the same year. Pavie has an interesting history, disappointing some critics, most notably Robert Parker, until it was purchased by Gérard Perse, a multi-millionaire supermarket magnate in 1998 , who spent over $30m and was fairly brutal in his renovations, completely altering the wines character. This disappointed die-hard Pavie fans, but won over many others, including Parker. Pavie has been a tricky customer as an EP release – last year Pavie 2018 was released €282 per bottle ex-negociant, up 2.2% on the release price of the 2017 (€276). Buyers of the 2018 would find themselves today, 12 months on, around 17% down on their investment. Despite receiving 100pts for the 2009, investors who had purchased this on release, have made very modest gains on the position, around 15% over a 10-year hold. Release prices of the 2019 would have to be extremely compelling to make this a buy this year, regardless of scores received. It should be noted that Arômes De Pavie, the Second Wine, has performed very well in certain vintages as part of our Second Wines strategy.