Armand Rousseau dominates best-performing labels

Wines from Armand Rousseau featured heavily in Liv-ex’s rundown of the fine wines that appreciated the most in 2017.

Of the 10 top-performing labels, only wines from Italy (specifically Barolo), Burgundy and the Rhône were present.

The single label that saw the biggest jump in price between December 2016 and November 2017 was Giacomo Conterno’s Barolo ‘Cascina Francia’ 2004 which appreciated a quite spectacular 156% from £982 to £2,519 a case.

The producer’s 2003 and 2007 vintages of Cascina Francia were also in the top 10 list, with rises of 89% and 65% respectively.

As Liv-ex noted, despite the Rhône 100 index being the most disappointing overall for a number of years now, nonetheless individual labels within it have performed extremely well.

A good example of this is Guigal’s Côte Rôtie 2000 La Mouline which went up 122% over the period in question from £1,591 to £3,532 a dozen.

In line with Liv-ex’s reports from the end of last year, however, it was Burgundy that dominated the best price performers in 2017.

Of the six Burgundy labels that made it there was Ponsot’s 2007 Clos de la Roche and Domaine de la Romanée-Conti’s 2011 Echézeaux and four wines from Armand Rousseau.

The best performer was Rousseau’s 2005 Chambertin, which went up 97% from £15,164 a case to £30,000 over the course of last year.

The 2007 and 2008 Chambertin were also up 85% and 74% respectively and the 2012 Clos St Jacques rose 79% in price.