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Wednesday 28 April 2010

Berry Bros 1 Robert Parker 1


Press release today from Berry Bros & Rudd

Parker agrees with Berrys on Bordeaux 2009

28th April 2010Robert Parker’s verdict on Bordeaux 2009 has been revealed in The Wine Advocate today and his findings are unprecedentedly similar to those of Berry Bros. & Rudd.

 “2009 is not as consistent as 2005, but the peaks of quality in 2009 may turn out to be historic,” Parker says, adding: “2009 is the greatest in the Médoc and Graves, where it can often eclipse 2005 and 2000.”

 Berrys’ Sales Director, Simon Staples, says he was pleased Parker’s top scores were awarded to some of Berrys’ favourite châteaux including Pontet-Canet, Haut Bailly and Leoville-Poyferre.

“I am delighted Robert Parker has seen the light and agrees with us,” he says, adding his thoughts on the likely resulting high prices: “There have never been so many high scores before and this will only add fuel to the fire on the pricing of the 09s. Sanity is unlikely to prevail on the big brand wines and the top 50 will wait to release after Vinexpo (25th- 27thth May), but there are great wines to be had between now and then and the prices should be reasonable.”

But Berrys warns buyers should be extra vigilant when deciding who they buy their wine futures from.

 Simon adds: “Be careful who you are buying from, high scores and high prices only encourage more skulduggery in the wine world.”

“We have heard horror stories of people selling 2009 Lafite already. People’s desire to buy 2009 might well cause an error of judgement. If you have any doubt at all check out the WSTA’s guide to the en primeur market. I heard only this week that more than 50 companies* have set up this year and are selling wine fraudulently or in excess of market price.”
 
Independent consumer guides to buying en primeur can be found at: http://www.wsta.co.uk/Guide-to-the-en-primeur-wine-market.html and http://www.investdrinks.org/

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'more than 50 companies* have set up this year and are selling wine fraudulently or in excess of market price.'
Simon may be right here about 50 companies being set up this year. Certainly there are nearly 50 companies that when asked I recommend people should avoid – 'woodchip rather than blue chip'! It is definitely true that there are a considerable number of new entrants into wine investment, some making wild claims about their experience and expertise but 50 this year may be an over-estimate. 

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