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Bordeaux wine as an investment. - Tuesday, September 06, 2011
Whilst Bordeaux has attracted considerable attention with skyrocketing prices of late, the questions begging to be answered are, is all the hype justified? Are prices of £1,000 a bottle possibly sustainable in this currently depressed Global economy?  I think not! 
 
Looking at past vintages with uplift in wine values, it is because of the great years we have massive uplifts and of course huge profits from only the best wine and vintages, 1928, 1929, 1934, 1945, 1949, 1953, 1955, 1959, 1961, 1966, 1970, 1978, 1982, 1990, 1996; fifteen great vintages over a period of eight decades, now since the millennium we have 2000, 2003, 2005, 2009, 2010! With prices for the unfinished 2010s higher than 2005 and 2000 already long in bottle and maturing nicely, 1990 in comparison is amazing value! This to me is totally ludicrous. It is nothing more than pure greed on behalf of the Bordelaise Producers.
 
Understanding of the vine and winemaking is rapidly improving, Bordeaux does still just about lead the field in terms of being ahead of the quality curve, but still, with great vintages becoming the norm, prices may have become unsustainable. I visited Bordeaux four times in 2010, and in late August, driving around the vineyards the foliage was a kaleidoscope of yellows, a certain sign of hydric stress and photosynthetic blockage, yet even by Christmas the producers were declaring this another vintage of the Century.... the fifth so far.... but they have a vested interest, don’t they.... too much for me, I cannot see these “little farms” like Chateau Lafite taking £250,000,000.00 for the crop as it did in 2010 becoming commonplace, for a couple of years, yes, maybe for sure with so many inexperienced buyers thinking they cannot lose, then we will have masses of astronomically priced wine which nobody will want to buy; and why would they? Think about this, a case of 2010 Chateau Lafite which only your grandchildren can drink or a new car?   I was not overly impressed by the 2010s finding many with harsh tannic structures, many angular wines similar to the 75s. Given that many of my clients look to me for guidance, I chose not to buy any 2010 Bordeaux wine, a hard decision which has impacted on our cash flow, but one which I hope will hold us in good stead in the years to come. For my mind, Italy and some producers in Spain are offering phenomenal wines for the money which can only go up in price.
 
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The joys of finding a bargain.... - Friday, August 12, 2011
Last night I found myself in west London on route to a friend’s house and realised I don’t have a bottle of wine with me, there was an Oddbins and a large Tesco nearby, I thought  best to go to Tesco, as I know Oddbins charges like the light brigade now. 
 
I went directly to the fine wine section and looked at the choice, there was 1999 Cos d’Estournel for about £90, too expensive for an average wine, the 1999 wasn’t great and it really wasn’t until 2005 that Cos really sorted out the quality. Then there was a 2001 Ceretto Bricco Rocche Barolo which whilst being a great producer, and also 2001 being a great year for Barolo, this was a hard and unforgiving wine which I recall tasting in Vinitaly several years ago, decidedly not worth the money. They also had several new world wines like Dead Arm which I’ve never been a major fan of anyway and not much else. So I started looking at other shelves, France, nothing, Italy, again nothing took my eye, Australia, nope, nothing there for me, I thought I know, South America, I’ll get a Carmenere or Malbec. I was astonished to find not one of either from both Countries, it was all Merlot, Cabernet Sauvignon or Syrah, then I looked back at France, Italy, Australia, New Zealand and I found dozens of Merlot, Cabernet and Syrah. Where was the choice? It was more like the old Ford Motor Company, “you can have any colour you like, as long as it’s black”. 
 
OK change of plan, now I have to find a decent wine, so continued looking, I saw a bottle of 2007 Montes Alpha Cabernet Sauvignon, I tasted this wine at the Wines of Chile Tasting a year or two earlier and thought it was good. Aurelio Montes is one of the best winemakers in South America, so it should be fine, and the price I thought was also very reasonable, £11.99, so I bought. 
 
During dinner we opened the bottle and it was every bit as good as I recalled; Good fruit, excellent depth, rich and typically Cabernet with a good future, we discussed it for some time and the fact that Tesco are offering 25% off for any 6 bottles, Wow, I thought, no wonder they sell so much, this is a fantastic deal.
 
Still thinking about it this morning, what a great wine and the possibility to pick it up for £9 after the discount, then I thought hang on, supermarkets are not charitable organisations, they don’t do such great deals, they are brilliant at taking your money, and making things look like a bargain, but real and genuine bargains.... that’s a completely different story so decided to check the price on winesearcher. First price that came up was in the UK, a firm in East Sussex, £7.50 a bottle! Then I checked the 6 bottle 25% discount offer, seems this wine isn’t included, its £68.34 for 6, working out to £11.39 a bottle. 
 
See even the experts get sucked in to thinking they have a bargain, everyone wants to beat the book on price, yeah, well “good luck” Tesco.
 
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Sell the kids... - Sunday, August 07, 2011

Mortgage the house, flog the car, sell the kids and pack the cellar to the rafters with 2008 Vasse Felix, it’s impeccable, aromatic, structured and persistent.

Having purchased massive quantities of the 2005 Vasse Felix Cabernet Sauvignon which went on to win the International Red Wine Trophy from Decanter in 2008... but not picking up the next two follow on vintages, we have been waiting and waiting and waiting. Now the wait is over....and this is even better!
 
The stock arrives this week, Friday July 22nd for delivery the following Friday and I want to shift the entire 100 case batch before it hits these shores, then go back for more before anyone else gets there, this is a fabulous wine.
 
First the Lowest Available Prices around the World
The 2008 Vasse Felix Cabernet Sauvignon (not to be mistaken with Cab/Merlot or Cab/Shiraz blends) is currently selling around the world as follows:- 
 
Australia             £19.86 Bottle
USA                    £20.98 Bottle
Europe                £21.76 Bottle
Hong Kong          £22.88 Plus Tax Per Bottle
 
First 100 Cases of 12 Offered @ £215.00 Taxes paid that's £17.92 a Bottle or £158.00 Under Bond (£13.17)
 
2008 Vasse Felix Cabernet Sauvignon
Expressive and rather vibrant on the nose; black raspberry, blueberry, bay laurel, high pitched violets and deeply layered liquorice are all displayed beautifully. Deep, silky and compellingly sweet, but with bracing acidity that’s edging on being almost intrusive today; This does have a terrific texture and inner palate energy, with already inherent complexity that would shame many and (I think) all other wines in this price range. Whilst there is “no doubt” in my mind that this “can and will” be enjoyed early by many, this is youthfully taught with redcurrant, cherry, and a floral pastille profile and even a few hours in the glass brought out more serious tannins and complex soil and tobacco tones, finishes with hints of chocolate and chalk. Tasted April 2010
 
For me this is especially remarkable given the reasonable price, and especially with the strength of the Aussi Dollar, a few years in the cellar will bring out the true essence of this superstar Cabernet wine.
 
Re-tasted July 2011, 
The colour is brick red/maroon. This wine is still fairly tight and restrained but bursting with potential and demands very serious attention.  Aroma’s are intensely varietal, with oodles of mineral and also quite savoury, from the strong base of blackberry fruit supporting layers of lifted pot pouri, violets with sage and bay leaf which are enhanced by a lovely lick of spicy vanillin French Oak. The wine enters the mouth smoothly with a supreme elegance and simply glides across the palate, blackcurrant, graphite, honeyed tobacco leaf, spice box, cocoa and more are all present in this deep, full bodied, concentrated and powerful wine. However the ultra fine tannins and acidity are still a touch high and it really needs some more time in bottle to fully come together, I left this bottle open for 36 hours and by then it was showing a glossy texture and opulent personality to the magnificent fruit core with enough well concealed stuffing to evolve for another 5 or more years, it should drink well for easily two decades. The finish is superb and long with the deftly applied oak handling simply adding to its sophistication.
 
Independent Reviews. 
95 Points James Halliday Australian Wine Companion 2011 Edition
Best of the Best by Variety
Essency regional bouquet relying on fruit purity rather than oak to provide an alluring array of aromas; red fruit and cedar are gracefully supported by fine, almost silky tannins; elegant, long and harmonious to conclude."
 
95 Points Ray Jordan's 2011 WA Wine Guide
The difference between this vintage and the previous outstanding vintage is evident from the first sniff to the last sip. I think this will be remembered as the pick of two outstanding wines. Its control and effortlessly long palate structure are classically cabernet. Not the same obvious primary fruit but instead there is more subtlety and finesse in a wine of great poise and elegance."
 
95/100 Tyson Stelzer, WBM (Aus) 
Mortgage the house, flog the car, sell the kids and pack the cellar to the rafters with 2008 MR! Vasse is impeccable, aromatic, structured and persistent.
 
Distinguished - Langtons Classification of Australian Wine V - 2011
This wine captures varietal character, whilst articulating the hallmarks of the Wilyabrup sub region. Batch vinification occurs in rotary and open fermenters. Some components are given extended maceration or partially barrel fermented in new and seasoned French oak barriques. The wine is matured in the same oak for 15 - 18 months. It shows cranberry and blackcurrant aromas, cedary complexity, fruit sweetness and a lacy tannin structure.
 
94 Points Campbell Mattinson & Gary Walsh, the Big Red wine Book 2011.
Classic Margaret River cabernet sauvignon. Power and focus but prettiness too - like an athlete in casual clothes. Blackcurrant, redcurrant, cocoa, perfumed dried herbs. Fairly rich and chocolatey but a real feeling of freshness. Excellent acid balance. Plenty of length. Tip top.
 
93 Points Robert Parker’s The Wine Advocate Oct 2010.
Of the same blend is the 2008 Cabernet Sauvignon, revealing a deep garnet-purple color and pretty perfume of cassis, violets, espresso, cassia and dried herbs. Crisp, structured and very fine, this rich, full bodied vintage gives layers of fruit and spice in the very long finish. Drink it 2012-2019+. 
 
If you've never before experienced Vasse Felix, it's perhaps not too surprising. They only export about 7% of their 150,000 cases produced. Though one of the pioneers of the region and home to Western Australia's oldest vineyard planted in 1967 by Dr. Tom Cullity, today this estate remains one of Australia's treasures. Amongst the finest wineries in this area, the wines are definitely worth the hunt. Virginia Willcock has been at the winemaking helm here for the last four years and has quickly developed a sensitivity and skill for handling the fruit off this property's very special vineyards. Look out for the Sauvignon Semillon, Chardonnay and Cabernet Merlot in the Australian Wine Values report as these little gems are absolute bargains. Meanwhile, at the top of the range there's not a duff wine in the lot.

 

Premier Vintners – Where quality comes first.

 

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2006 Brunello, Is this the greatest ever vintage? - Wednesday, April 27, 2011

2006 Brunello di Montalcino, is this the greatest ever vintage?

There really is no question in my mind that 2006 is a great vintage for Sangiovese and especially for Brunello di Montalcino, perhaps the greatest ever, we shall have to wait a while to know for sure, but here is an opportunity to get hold of some stunning wines.

Il Maronetto is one of the three estates forming the new genetic map of the “Holy Grail” of Brunello di Montalcino following the scandal of several years ago. Many estates have still not cleaned up their act, and yet still manage to acquire big ratings for wines which can only be described as dubious in their nature.

These two Brunello wines from Il Marroneto are classic Sangiovese in every sense of the word, comparable to the finest red burgundies and with the ageing potential to match. Both these 2006’s have such wonderful complexity and depth of flavours, yet at first they are almost shy, very seductive in their beauty.

Both wines are in perfect proportion, with fabulous balance, there is an almost dazzling display of richness and yet both remain totally delicate, I am mesmerised by these wines, we tasted both bottles opened for the whole day, and every time I tasted them I found something new. To my mind there is no doubt, 2006 will be declared as one of the best ever vintages for Brunello di Montalcino. Perhaps even the greatest ever and New Benchmark!

Il Marroneto

2006 Brunello di Monalcino £374.00 Per 12 In Bond
What to say about this, firstly, it’s totally gorgeous, balanced and approachable, but there again it isn’t, its big and bold, rather tannic with huge acidity, this is a dichotomy in a glass. The wine starts out gently, with lovely aromas of red cherries and super floral tones, easy on the palate, refined and ripe cut strawberry fruit, then the tannins begin and the muscular underlying structure comes forth and immediately you know this needs another 3-5 years in bottle before this will even begin to strut its stuff. This is capable of improving for maybe another 20-30 years. I have been fortunate enough to taste more than 20 vintages of this wine, but I have not found one nearly as good from the past. This seems to combine the best of the richness, tannic structures and freshness of all the best years of the past. Fantastic stuff and reminiscent of Grand Cru Burgundy. Tasted Jan 2011

2006 Brunello di Monalcino Madonna Delle Grazie £447.40 Per 12 In Bond
The estates 2006 Madonna delle Grazie, is simply extraordinary, enticing purity, sensual and delicate. Richly textured with seamless layers of fruit, fresh and dried black berries, blueberries, Montmorency cherries, fresh and dried flowers, fresh and dried grapes, impeccably balanced with supreme elegance, it’s like a pedigree foal just finding its feet, beautifully sleek but as yet a little awkward, you know this is going to win trophies. Alessandro Mori is developing a magic touch, his wines show wonderful fruit, but the underlying power is deftly applied via ultra fine and noble tannins. A measure of this wine is how much weight it gained through the day starting out almost coy when first opened and ending the day almost muscle bound. What a future! Buy this where you can, put it away and forget about it for as long as you can, certainly this is one of the finest pure Sangiovese wines I have ever tasted. I would like to drink this wine in 15 years, and again in 50 years, but sadly that’s highly unlikely, don’t think I’ll be around. Tasted Jan 2011

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Marc Ollivier and his World Class Wines - Thursday, February 10, 2011

 A few years ago, I introduced to the UK Market Marc Ollivier and his World Class Wines..... I wrote then

 

So much has been written about Marc Ollivier of Domaine de la Pépière, long regarded as “the Legend” of the Muscadet producers, when Marc is on form, and he has been for a very long time, these hand crafted wines are of World Class quality, this heroic vigneron does in Muscadet with old vines, granite soils and low yield what others can only dream of in much more seriously expensive appellations. All of Marc’s wines are the authentic item, not only are they delicious young, but can age for 10, 20 and even 30 years. An astonishing achievement for white wines of any price bracket but these beauties are what can only be described as selling for virtually a song.

Muscadet is certainly one of the great underrated wine regions of France and quite possibly the most complex, age worthy white wine you can purchase for sub £10, all of Marc’s wines are left in contact with the lees until the time of bottling, something of a rarity now as most winemakers rush to bottle their wines as soon as possible. Whilst many boring Muscadet examples on the market are technically correct with producers using starter yeasts to accelerate fermentation together with other techniques to finish their wines early, they mostly lack the heart and soul of the Domaine de la Pépière wines. All Pépière wines are hand harvested, another rarity of the region, uses only natural yeast and waits patiently until the wines are ready. This extended contact with the lees provides extra flavour, body and a crispness that makes Muscadet so refreshing, and of course the classic match to seafood together with the perfect choice for Sushi.

The Pépière vineyards range from 40 to 80 years of age, Marc Ollivier is the only grower of the region who does not have a single clonal selection in his vineyards, which are located on a plateau overlooking the river Sèvre. Because of the soil and greater concentration achieved with through lower yielding old vines, his are more powerful wines than most other Muscadet. They are very mineral and quite austere in their youth, rather than fruity and light. Over a few months, or even years, if one can wait for it, they develop much complexity in aromatics and structure. So if you’re on a quest to find some interesting wines that aren’t over extracted, over oaked, over produced and over-priced, do work wonderfully with food, do resemble the very best selections of the region, lower in alcohol and are affordable for frequent enjoyment, then perhaps our selection of Pépière Muscadet are the choice for you, as quite a few of our regular clients are finding out.

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Duemani - Monday, January 10, 2011

 In 2007 we introduced this brand new producer “DUEMANI” to the UK market.... with the first ever vintage 2004 Duemani and Suisassi wines and strongly suggested this would become a stellar investment wine. However, I did say it will take a little while for the rest of the World to catch on, when they do prices will rise rapidly. We still have stocks of the fourth consecutive vintage release with the 2007 Duemani and Suisassi. Release prices have remained the same over the past three years. PV has maintained purchasing 28% of the production, we cannot lose it now when everyone else is knocking at their door begging for the opportunity. Currently we have 4 pallets on route now, with another 6 pallets still to be paid for and collected. So I need to move some stocks....you as clients need to buy some!!!

 

All wine investments and future prices are driven by three factors, 
1) Reviews and Ratings...mostly Parker Points, 
2) house name reputation, 
3) market availability.

In 2007 the Duemani estate was unknown even by the serious wine press, all clients purchasing these from us did so solely on our recommendation. Well...... you now know it was a very good decision. Trust me... taking the 2007 vintage is another very good decision.

So what has happened with this estate during the past 12 months....

February 2010 
2005 and 2007 Duemani tasted against the greatest Cabernet Franc wines... Cheval Blanc, Chateau Petrus, Sassicaia, and others. 
Duemani declared “The Great New Star of Italy” at the VinoExcellence, Cabernet Franc Symposium, Rome.

July 2010
Cabernet Franc Symposium written up by Stephen Spurrier... 2007 Duemani called an Italian version of Cheval Blanc . 
Current case release prices Duemani £495 - Cheval Blanc £8,400 (rocket science not required here)

September 2010
First ever Reviews and Ratings by Ian D’Agata European Editor of Steve Tanzer’s International Wine Cellar.

September 2010
Awarded highest ever points (Suisassi) by James Suckling on the Wine Spectator.

October 2010
Awarded highest ever points (Suisassi and Duemani) by Antonio Galloni on the Wine Advocate (Robert Parker).

November 2010
Suisassi declared the “Greatest Biodynamic Wine Produced in Italy” by James Suckling.

December 2010
2004 Duemani detailed as personal "Choice of Wine for Christmas Day Lunch" by James Suckling.

February 2011
Decanter Magazine “in the shops now” with a Special Issue on Italy 2011, from North to South – the names to know this year. We have several wines and producers detailed, but the highlight for us is the centre picture spread.


Duemani, Ribabella, Vineyard area 7ha, First vintage 2004. 
Stating... Luca d’Attoma has a reputation for uncompromising standards and passionate commitment. Responsible for creating cult wines like Redigaffi, Messorio and Paleo, he sought out extreme terroir – dry, stony, virgin soils high up in the Mediterranean maquis of the Tuscan Coast. Explaining “Cabernet Franc has much more personality, and syrah is a delicate grape but gives fantastic terroir expression”. The vineyards are beginning to mature acquiring depth and complexity that promises a future amongst the elite of Tuscany.

We already know, the 2004 and 2005 vintages have doubled in price, but in truth, this is not even scratching the surface in terms of potential uplift, this is a great place to invest your money right now.

My firm belief is that the Duemani Estate wines will surely follow the same investment path as Tua Rita Redigaffi, and whilst I am not a financial advisor, I do know what the greatest estate wines do in prices and uplift over time. As more and more of the wine press write up the Duemani Estate, more and more of the public will be looking for these wines and increasing demand will fuel uplift in pricing.

One thing to bear in mind, the 1994 Tua Rita Redigaffi was made by Luca D’Attoma and received 93 points from Robert Parker, the release price was £340 per dozen under bond. Today’s price £4500 to £8500 but it was considerably higher in 2008. Plus we are aware of a single Double Magnum 1994 Redigaffi selling at auction also in 2008 for £9,100.00. I simply cannot believe Duemani will not go the same way over the same period of time....as an absolute minimum.

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What is there to say about Tokaji - Thursday, November 25, 2010

What is there to say about Tokaji? Quite a lot as it happens! And have we found something truly astonishing! This is well worth reading.... they’re decidedly worth buying... the last of which is the wine to die for... before it’s too late!

 

History

First, some background information; it is not known how long the grape Furmint has been grown on the volcanic soils of this small beautiful plateau 1500 feet above sea level in Hungary, certainly millennia and well before roman times. The highly acidic Furmint grape, believed to be indigenous to the region, were cultivated and well documented in Tokaj during Roman occupation. Hungary was later invaded by the Mongols in 1241. Many of the spectacular underground cellars which are such a feature of the region were built during this turbulent period. The Ottoman Turks conquered much of what is now Hungary during the 16th Century. However the well-defended Tokaj region was never fully occupied, but was subject to raids and the threat of invasion throughout this period.

Legend has it; that at some stage during this time, the Tokaj vineyards were left un-harvested due to the Turkish threat. When the farmers returned the grapes had dried up and shrivelled, the concentration of sugars and acidity was remarked upon - the resulting wine was in the end of surpassing all previous quality, and this marked the birth of Tokaji Aszú. However, the actual techniques for Tokaji Aszú production were not fully refined until the 1630's.

It is generally accepted that Tokaji is the first of the great botrytis sweet wines, already well established by the mid 17th Century and more than 100 years before “noble rot” was discovered in Germany and France.  By 1700 it became the first ever Controlled Appellation, with 1st, 2nd and 3rd class quality ratings, 155 years before the Bordeaux Classifications of France.

The most famous of all Tokaji wines is Aszu eszencia; but the rarest is simply called Essencia. Both wines, most highly regarded by royalty and the nobility of all Europe. The vineyards, mostly owned by the Hungarian aristocracy were by far the most valuable assets of the country, and Russia’s Catherine the Great claims to be one of the first foreign investors. She owned and “privately protected” with her own locally stationed infantry battalion, one of the most prestigious of all vineyard sites.

In the first years of the 18th century, the Transylvanian patriot and defender of the region, Prince Ferenc Rákóczi II, (1676 -1735) recognised the unique quality of Aszú wine and used the proceeds from Tokaji wine sales to finance his battle against Habsburg and Austrian domination of Hungary. In 1703, in the hope of cultivating an alliance with France, Rákóczi gave King Louis XIV some Tokaji wine from his own Tokaj estates as a gift. This was served at the French Royal court at Versailles, where it became known as Tokay. Delighted with the precious beverage, Louis XV of France offered a glass of Tokaji to Madame de Pompadour, referring to it as "Vinum Regum, Rex Vinorum" ("Wine of Kings, King of Wines"). This famous line is used to this day in the marketing of Tokaji wines.

After his final defeat in 1715, by Imperial decree, the Rákóczi family’s estates, including the highly regarded Szarvas vineyard became Hungarian Crown property. Emperor Franz Josef had a tradition of sending Queen Victoria Tokaji Aszú wine, as a gift, every year on her birthday, one bottle for every month she had lived, twelve for each year. On her eighty-first and final birthday in 1900, this totalled an impressive 972 bottles.

Another appreciative connoisseur was that great wine lover Thomas Jefferson who imported and served ‘rich Tokaji’ (‘for which I paid the princely sum of a guinea a bottle’) at his presidential banquets in the early 1800’s.

With the advent of the phylloxera plague in the 1880s (a decade later than in France), viniculture in Tokaj hit rock bottom. Production collapsed, and many vineyard owners went bankrupt. Gradually the vineyards were replanted on grafted rootstock, and there was a revival by the early 1900's, only for sales to again all but disappear with the advent of World War I. After the collapse of the monarchy in 1918, the Imperial vineyards were taken into state ownership. By the beginning of the 1930s, only five percent of the production could be sold. In 1948 all the major family estates were taken into state ownership where they remained until the collapse of communism in 1989.

Since the collapse of the communist regime, Tokaji is again experiencing a remarkable renaissance. First, investors came from France, Spain, Germany and England, but also from Hungary itself: local winemakers bought vineyards in excellent locations. Over time, the premium vineyards have been divided into smaller and smaller parcels, many are now in the hands of local artisanal producers and Pannon is one of these. During the Communist era, winemaking was merely competent, if seldom inspired, but this has all been changing since the mid 1990s, today and especially by Pannon, great wines are being made.

The modern day classifications for the sweet wines are as follows, depending on quality and sweetness, Aszueszencia is the most famous of all and even mentioned in the Hungarian National Anthem.

3 puttonyos = 60 grams per litre
4 puttonyos = 90 grams per litre
5 puttonyos = 120 grams per litre
6 puttonyos = 150 grams per litre
Aszú Eszencia = over 180 grams per litre
Eszencia = over 240 grams per litre

Tokaji Aszú

The basis of Tokaji Aszú is hand-selected, shrivelled botrytis-effected berries. The taste and ultimate quality of an Aszú wine depends on the number of baskets (puttonyos) filled with ripe berries . These baskets weigh on average 25 kilograms each, and are added to a cask (136 liters) of dry base wine. Consequently, the proportion between aszú berries and dry base wine is about 1:1 for a 6 puttonyos Aszú.

After several months of fermentation, the Aszú normally matures in cask for 3 to 8 years - traditionally through oxidative ageing with air contact. Its remarkable richness, counterbalanced with a bracing acidity characterizes this legendary dessert wine, which is one of the slowest maturating wines made anywhere on the planet, the finest examples take decades to mature and can last for a century or longer.

Eszencia

But the greatest, rarest, most sought after, and expensive of all Tokaji wine is Eszencia and can only be made in the greatest of vintages, on average one or two each decade. Hand-selected botrytis-affected berries, which are later needed for Aszú preparation, are gathered into a keg and kept there for a couple of days before the Aszú paste is prepared. Due entirely to the berries’ own weight alone, some highly concentrated juices of the finest quality will have accumulated on the bottom of the keg. This is the free-run juice via a small tap that Eszencia is made from. The fermentation process is incredibly slow, yielding an alcohol content of between 1.5 and 4% only after several years. Normally an Eszencia’s residual sugar content is between 400 and 500 grams/litre, but it can surpass this figure. One keg containing 25 kilograms of over-ripe Aszu berries produces only about one litre of Essencia. (If not sold individually, Essencia is added to the Aszú wines to improve them yet further).

Because of its enormous sugar content (balanced always though by tremendous acidity), often syrup-like texture and extremely low alcohol levels, Essencia is not really a wine in the conventional sense, but rather a unique elixir, the quintessence of the grape, with an almost supernatural concentration of taste and aroma, especially if it is very high in sugars and lower in alcohol. It's something that every wine aficionado dreams of tasting at least once, and to do so is likely to be a life-enhancing and never-forgotten experience.

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Italy's Greatest Unknown Wine! - Tuesday, June 15, 2010

 

 

Aglianico del Vulture.

 

Take five minutes out to learn about the greatest “unknown wine” made in the whole of Italy.

Discover something of interest, something extraordinary and something worth seeking out for the cellar!

Almost all of the Italian wines that are highly acclaimed by the main wine critics hail from north of Rome: wines like Amarone, Barolo, Barbaresco, Brunello di Montalcino, Chianti Classico, and the Super-Tuscans, such as Redigaffi and Sassicaia.  But one of Italy's greatest red wines comes from a region in Southern Italy which is practically unknown to the outside world......Basilicata, located in the arch of the boot.

The “very few” people who are in the know call Aglianico the Barolo of the South and I have been wanting this wine on our lists for several years...am I the happy bunny now.

Perhaps it’s because of the total lack of tourism, in fact; even most native Italians have never visited this remote region, this wine remains mostly undiscovered.   And yet this fabulous grape variety called Aglianico del Vulture makes it’s totally natural home on the hillsides of mountainous Basilicata, especially around Mount Vulture, a long extinct volcano.  Those more informed wine lovers who have heard of Aglianico usually know it as the variety that makes Taurasi, Campania's most famous red wine.  But Basilicata is Aglianico's true Italian home. It originated in Greece (and was then known as Hellenica), as did most grape varieties in southern Italy and was introduced in what is now Basilicata around the 7th century B.C., a long time before Rome even existed, it shortly after made its way to Campania. All of this time means that the vines have had close to 3,000 years to become adapted to their terrior and they have done so superbly. During Roman times, writers and poets of the time hailed Falernum as one of the best and most celebrated red wines made in the whole of the known World, this wine was made from Aglianico del Vulture.

Basilicata traditionally has been one of Italy's poorest regions.  It is almost entirely mountainous and even though in the Deep South suffers very cold winters, with few good roads.  Until 1971 when it was awarded its first and only DOC (Aglianico del Vulture) most of Basilicata's wine was shipped out and bottled in neighbouring Puglia, as Pugliese wine.  As Burton Anderson reports in his epic, The Wine Atlas of Italy, …Aglianico from the volcanic heights of Monte Vulture was more often than not the best of the wines they [Puglia] bottled as their own.'

Mount Vulture is in northwest Basilicata.  The eastern slopes of Vulture, around the towns of Rionero, Barile, and Melfi, are the sites of the best Aglianico vineyards.  The soil, composed largely of deposits from the ancient lava flows, is rich in potassium and tufa, the porous calcium carbonate stone that is ideal for grape growing.  The late-ripening Aglianico variety thrives in this soil and climate. These wines are harvested as one of the latest in the whole of Italy due to the cooler growing season at around 2000 feet altitude, normally the harvest starts towards the end of October or even into November.

Aglianico as both a grape and wine in many ways resembles Nebbiolo, the variety that produces Barolo and Barbaresco in Piedmont, but Aglianico predates Nebbiolo by more than 1000 years.  Not only are both late-ripening, and capable of growing successfully only in very limited areas, but both are also tannic, acidic varieties which typically can require many years before their wines are approachable and mature enough to enjoy.  Also, although the colour of Aglianico is deep purple to almost blue in youth, both Aglianico and Nebbiolo-based wines turn garnet in colour with maturity sometimes attracting orange highlights.  If anything, Barolo and Barbaresco are even more firm in flavour than Aglianico wines, and require longer aging.  Aglianico del Vulture, for example, can often be enjoyed four to eight years after the vintage; many traditionally-made Barolos require ten to fifteen years of maturing, sometimes longer. 

The best Aglianico wines have a very distinctive bouquet with strong berry, leather and chocolate overtones and a dry, well structured body with nice tannins which become velvety with age and developing plenty of complex layering and nuances. Perhaps the best news of all is the comparison of Aglianico del Vulture with Barolo and Barbaresco in that most Aglianico’s are about half the price and less.

Elena Fucci has for the past 5-6 years been the leading producer of Aglianico del Vulture. Over the past six vintages Elena Fucci has taken the top award from one of the two most respected Italian wine guides which includes 4 Tre Bicchieri awards. These prodigious wines offer exceptional buys for the quality in bottle and can be a serious wine to cellar for two decades or more, or you can just pull the cork a few hours earlier and enjoy with dinner. This may be difficult to believe, but I think she is the Angelo Gaja of the South, so you really should not miss out on these.

The vineyards of Salvador Fucci and his daughter Elena who is the fourth generation of the family to make wine on this estate is situated on the Titolo lava channel at 650 metres, 2200 feet above sea level, the soil is volcanic lava mix known locally as Pozzolana, there are 14 hectares planted to vines, the harvest comes in during the last week of October with hand picking then destemmed and crushed in small batches, fermented in stainless steel, then transferred to 100% New French oak for malolactic fermentation, followed by 12 months aging in barrel, it is then bottled and aged a further year before release.

2006  Titolo | Elena Fucci | Aglicanico del Vulture DOC 
The 2006 wine is glorious, big on the nose and even bigger on the palate; it begins with aromas of violets, ripe sweet berry fruit, dark cherries, sweet tobacco leaf, volcanic soil and liquorice all in the roaring perfume. The mouthfeel has massive intensity, all power with strong velvety tannins which caress the palate, lovely harmony here and it is just beginning to mellow out after two years in bottle, this is a wine with a great future, and should continue to evolve for several years yet and drink well for more than two decades. 

2007 Titolo | Elena Fucci | Aglicanico del Vulture DOC  
The 2007 Titolo displays totally awesome potential, inky blue/purple, the explosive nose of raspberry, cherry and blackberry fruit complicated by violets, leather, tobacco, rosemary, lava rock, cinnamon and tar, the palate is fully dense, with sumptuous flavours, powerful velvety tannins grip the mouth, but beneath the tannins lay an exceptional wine which is long, complex and deeply concentrated, and yet it never comes across as being heavy. This is a fresh, vibrant and powerful wine with decades of glorious life ahead of it. I get the distinct impression that this will be recognised as the new benchmark on Aglianico, we will see sometime in the future, but I purchased double the quantity of the 2007 vintage as opposed to the 2006 which was already awarded 93 points (the highest ever for Aglianico del Vulture) on Robert Parkers website. This 2007 vintage also took the Tre Bicchieri, with three red glasses and a plus making it one of the top 30 wines of Italy, I personally think this is awesome juice, and should drink superbly well from 2011 through 2035 and longer.

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Gianfranco Fino - Es and Jo - Monday, April 05, 2010

Without doubt....my most incredible find of 2010!

These astonishing and totally extreme wines from an estate I have never heard of before, they also come from a winemaker I have never heard of before, but both deserve very special attention. Gianfranco Fino has just been awarded with the title 2010 Champion Winegrower of Italy! Not a bad start...but never have I tasted such extreme wines, these are unbelievable, when presented with the first sample to taste, I sat there for fully five minutes just smelling the wine, I really did not want to taste, I would have been happy to sit there all day revelling in the aromatics, but I had other meetings to attend and this needed to be done... see the full tasting note below. In the interim, some background notes on the project.

The estate was purchased in 2004 and is some 7 hectares of Primitivo vines with an average age of 50 years grown in the bush vine method making the wine called Es, plus 1 hectare of Negramaro making a wine called Jo. Before tasting the wines I knew nothing, I asked if the name had anything to do with Freud, and they told me it did, then I sat just smelling the wine and contemplating what on earth was in this glass. Yes! I know it was Primitivo, but, this had nothing in common with the normal poorer Italian Primitivo which often smell like unripe tobacco and mostly green notes. This wine was much more like the Californian brother Zinfandel and the perfume was even bigger than the best of Turley, Martinelli or Ridge....I just thought; my god what is this!

Es, according to Sigmund Freud: is instinct and wild passion – the same is used to produce this wine – with no pre conditions, no rules, beyond space and time, logic or morals. Es doesn’t know good or bad, Es submits only to one principle “PLEASURE” The wines are made without chemicals in the vineyard , no irrigation and no fertilizers, bottled without fining or filtration and the results are the among the most concentrated, complex and exiting wines I have ever come across, we have placed our first order and paid for them in advance our cash flow does not allow us to take the kind of quantities I would like, so here we made a small offer for the first 20 dozen of each which arrived last week, we quickly sold 14 dozen of the Es and 10 Dozen of the Jo. One thing I am certain of people will either love them or hate them, but make no mistake they will sell out from the winery very, very quickly now that people are becoming aware of this estate so we have to move quickly. First reports from clients have come through this morning and they are as exciting as I thought they would be.

May I suggest, all wine aficionado’s and wine fanatics alike should do everything possible to latch onto these wines, the future of the estate is for me without question, these are the new benchmark for either Primitivo or it’s better known cousin the American varietal Zinfandel. One more point, I will be happy to refund all customers buying these wines if they are not truly ecstatic with the wines on delivery, I must get as many as possible, it is that simple.

Regarding ratings, there are none out for this wine YET...my rating was....don’t know? never had anything like it before, but for the Es, somewhere between 95 and 99 points! It’s still a baby and still needs time to mature, but people love it already....,..and knowing how stringent the ratings are becoming now, plus this being the first vintage to be rated, I would think it should come in around 95 or 96 points...for a first ever...Yes it must! What a future!

2008 Es
This wine is black/purple in colour, the aromatics soar, when I first smelled the wine my head filled with purple, it was an extraordinary feeling, decadent blackberry jam, raisins, chocolate, liquorice, mineral and a room full of violets. The palate is satin, the fruit simply explodes in the olfactory, at first it’s concentrated cherry Palma violets sweets, then the wine begins to unfold, revealing multiple dimensions in its glorious inner mouth perfume, smoke, prunes, raspberries, coffee, cedar and nap leather, so rich and sweet fruit beautifully balanced by the acidity, it is a dry wine but tastes almost like a Recioto, totally viscous with full throttle flavours, this has enormous force and unbelievable symmetry, this could be aged for decades. The texture is utterly flamboyant, sensual and self possessed with superbly round tannins. I thought about what to serve this with and came up empty, this is a wine to drink on its own with only the great friends, it’s too powerful for food, it’s simply too big, and you cannot serve another wine after this, not even a sweet wine, this is already so sweet, it could be your dessert in a glass, and it is a dry wine with a staggering 40g/l dry extract and 6g/l total acidity. Later in the day I took some of my top winemakers to the stand to taste and they were all quite simply gobsmacked. I spent five long days tasting wines at the Italian fair and this was for me the wine of the show.

2008 Jo
It is unfortunate that I tasted this directly after the Es, and my mind was still reeling. The aromatics were more subdued,  lower down in the base tones, leather, coffee, tar, and black fruits, on the palate superb complexity, the layers unfold slowly, raising layer by layer to some floral tones, this has great presence and fills every corner of the mouth with leather, prune, plum jam, kirsch and sweet spices, velvety flavours of intensely ripe red and black fruit, broad, rich and sustainable given the fresh acids. This has to be the new benchmark of Negro Amaro, and simply cannot be ignored by the serious wine critics

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