My personal exposure to Lafite was in my “other life,” the corporate world, where entertaining important clients was an essential aspect of the sales process.
Thanks Roy, that’s what I wanted to know
So how do you like your Lafite – with coke or better with orange juice ?:wink:
Of course they are producing excellent wines in Bordeaux and I love them, this is out of question, but as it’s beyond my comprehension why somebody will pay thousands of Euros for a simple handbag, I also don’t understand why people are willing to pay several hundreds and sometimes even thousands of Euros for a bottle of wine, no wine on earth is worth this!
Let’s take the Chateau Lafite as an example how this price policy works.
The classification of French vineyards is really strange and also is different all over the country, so confusion is programmed. The Chateau Lafite was classified as 1er Grand Cru Classé in 1855, since that time it is regarded as one of a few vineyards rated as the top of Bordeaux, this classification was and will never be reviewed, no chance to lose this and for others no chance to achieve this, so it’s almost like a licence to print money!
While a bottle of 2002 Chateau Lafite is for a price on the market about 140 €, you will get a nice Pauillac from their neighbourhood for under 20€, the same grapes, the same ground, the same producing technique, so is the Lafite 7 times better, certainly not?!
Maybe the wine from the neighbourhood is even better, but this doesn’t count, simply the classification of the label will justify the higher price (which was from 1855), it has nothing to do with the current quality.
Older wines are more expensive than younger wines due costs of storage?
So let’s have a look Roy, your favourite vintage of Chateau Lafite 1966 is available for 130€ on the market (it was really not something special), the vintage 1986 is not under 600€ available and 1959 is not for under 1,500€, so what’s now?
The price has nothing to do with the age of the wine at all, the vintage counts and even much more the rating of Mr. Robert Parker!
Parker is regarded as the pope of wine, his yearly wine guide is like the bible for many wine drinkers all around the world, Parker points are making the price!
I know people who look at first into the Parker before they drink the wine (that they will know how it tastes). :lol:
Gee, this guy must be drunk 24/7 at 365 days of the year due the thousands of wines he claims to have tested every year!
Label + vintage + Parker makes the price, and people believe what they want to believe – fine, I’ll leave it to these businessmen in New York, Shanghai, Tokyo or elsewhere to brag with this stuff, although I consider this as a lost of culture, like pearls for the pigs.
When I will drink an old Bordeaux in front of the fire place at x-mas night, I will be thinking of you Roy and have a toast on you, really a shame that the old Chateau Margaux is not good anymore, maybe I should sell it on ebay to China ? :roll: :wink:
best regards
Thorsten