10 tips for buying Burgundy 2009 en primeur

on 30/01/11 at 12:24 pm

Wine

En primeur or “wine futures“, is a method of purchasing wines early while a vintage is still in a barrel, offering the customer the opportunity to invest in a particular wine before it is bottled. Payment is made at an early stage, a year or 18 months prior to the official release of a vintage. A possible advantage of buying wines en primeur is that the wines may be considerably cheaper during the en primeur period than they will be once bottled and released on the market. However, that is not guaranteed and some wines may lose value over time. Wine experts, like Tom Stevenson, recommend buying en primeur for wines with very limited quantities and will most likely not be available when they are released.[1] The wines most commonly offered en primeur are from Bordeaux, Burgundy, the Rhône Valley and Port, although other regions are adopting the practice.[2]

Wine-lovers are buying Burgundy wines en primeur at the moment. France’s Bordeaux region may be best-known for selling wines before they are bottled and released for wider public sale, but many winemakers in Burgundy also sell their vintages en primeur. London-based independent wine merchant Flint Wines (www.flintwines.com) specializing in Burgundy offer their top 10 tips for buying en primeur. Any opinions expressed are those of Flint Wines. Reuters has not endorsed this list:

1. 2009 is a great vintage to buy the generic and village wines. In the best vintages these wines always flourish and they are exceptional this year. Prices are good, too, as the increases this year have tended to be on the wines further up the scale.

{Full story via Reuters}

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