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Petit Mouton on the up
Of all the second wines buyers are seeking out currently, Petit Mouton is attracting the most attention.
Liv-ex recently noted that the first growth’s second wines are returning to favour with buyers, outperforming their parent labels and it appears it is Petit Mouton in particular is out in front.
No doubt benefitting from “brand Mouton”, Petit Mouton was the best performing label in the entire Bordeaux 500 index last year, rising 8.3%.
Of the 10 most recent physical vintages of Petit Mouton (2003-2012) only one, the 2011, saw a decline in price in 2015 while six saw increases of over 8%. The full table can be seen below.
Interestingly bottle age and therefore scarcity rather than good scores appears to be driving prices. The 2011 which declined 5% and the 2012 which saw no change to its price both have 90 points from Robert Parker and are among the better scored wines from those available physical vintages.
By contrast, the worst scored vintage, the 2010, saw a slight increase in price over the course of 2015 and the very best performing wine, the 2003, rose 20.6% in price despite its rather middling rating of just 86 points.
At £1,696 a case it is 61% more expensive than the 2012.
Source: Liv-ex