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May 30, 2022 View:

Lafite Rothschild 2019 releases 50% less than last year

Lafite Rothschild 2019 was released this morning, making it the first Grand Cru to be released this year. The number of listings is reportedly down 50% from last year.

Image courtesy of: Liv-ex

The wine"s ex-vigneron release price was €396 per bottle, down 15.7% from the 2018 release price (€470). Trading at £5,112 (1,275 per case), it is down 14.8% from the 2018 release price in pounds (£6,000).

Lafite is one of the Bordeaux wines that achieved the highest James Suckling score for the 2019 vintage: 99-100 points in barrel.Suckling rated it Full-bodied, yet harmonious, elegant and refined, stunning.

Lisa Perrotti-Brown MW (Wine Advocate) also gave this wine 97-99 points today, commenting on its exceptional flavor. The acidity is significantly lower (pH is a high 3.9). At 13.4% alcohol, it is slightly higher than the 13.3% of the 2018 vintage, but still has the elegance and finesse typical of Lafite. Excellent on the palate! Exciting!

Jeff Leve The Wine Cellar Insider gave this wine 98-100 points; it is a great example of the essence of Lafite.

Based on today's release price, this wine would be considered reasonably priced (on the fair value line) if it scored 93 points.

Therefore, as rated by Suckling, Leve and Perrotti-Brown, today's release price is well below the price suggested by the fair value line and should be considered good value for money.

For those unlucky enough to obtain a quota, consider the 2014 and 2017 vintages, which are cheaper on the secondary market than the 2019 vintage; they both achieve Neal Martin 95 points. The 2016 (NM 98) may also appeal to buyers, but for an extra 12.7%.

Lafite has been the most traded wine on Liv-ex since 2003 (LWIN7) (except for the 2007 Mouton Rothschild, which ranked first). In May, its 2017 vintage was even the highest traded Bordeaux wine in terms of total value.