On Tuesday, April 24, 2012 3:30:09 PM UTC-4, Mark Lipton wrote:
> I just saw some estimated prices for the much ballyhooed '09 Bdx wines.
> It's been a few years since I last paid much attention to new releases
> of Bdx, but my first reaction was one of shock. First growth pricing
> was consistently at $1000-2000 per bottle and many former (relative)
> bargains such as Montrose and Pichon-Lalande are going for $300-350 a
> bottle. Granted, there were a few standouts such as Gruaud-Larose and
> Leoville-Barton that still had reasonable pricing, but they were the
> rare exception. It was not that long ago that most of these wines were
> retailing for 1/4-1/5 of their current prices.
>
> Some of this is the result of RMP's hype:
> <http://www.independent.co.uk/money/spend-save/wine-investors-raise-a-glass-to-the-2009-bordeaux-7553609.html>
>
> but that only explains a fraction of the overall effect. So, has it
> been demand from China that's fueled this rise? Growing demand and
> limited supply?
>
> Cornfuzzedly yours,
> Mark Lipton
>
> --
> alt.food.wine FAQ: http://winefaq.cwdjr.net

I think the scariest thing is that it's so bad that $80/Gruaud and $90-$110/LeoBarton are being held up as reasonable!
I paid $45 for highly ballyhooed 2003 Barton (04 same price)
2001 was last Gruaud I bought, $28.
Those are definitely outpacing inflation!