Le Pin at auction: 2000 – 2008


Le Pin is situated in Pomerol, Bordeaux. The vineyard is owned by the Thienpont family, owners of Vieux Château Certan, just down the road. Le Pin is one of the rarest fine wines – depending on the vintage only around 750 cases are produced each year from its 2.2 hectares, making it one of the smallest commercial estates in the world. In 2006, the quantity was even smaller, some 450 cases. The wine is now 100% Merlot but when Jacques Thienpont first bought the property the blend was approximately 92% Merlot and the balance in Cabernet Franc. The longevity of the wine is still open to question with current evidence pointing to a maximum ageing potential of 25 years in the best years. The scores for the wine (from a variety of critics), since the landmark 1982 vintage, have been consistently high (over 90 on a scale of 100), whilst the prices at which the wine has been released has varied considerably, following the trend in release prices from the top Bordeaux estates for the vintage as a whole. Most recently, starting from a relatively low point in 2004 (less than 500€ per bottle), it peaked in 2005 (over 1,000€) and has since decreased in line with most of Bordeaux's primeur offerings.

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References   [ + ]

1. Acker Merrall & Condit, 18 October, 2008
2. 18 October, 2008
3. Acker Merrall & Condit 31 May, 2008
4. 15 October, 2009 London Sale no. 2245
5. A magnum selling for $5,808 by Acker Merrall & Condit on 7 November, 2008
6. Sotheby's Finest and Rarest Wines, Featuring Treasures from the Cellars of Château Pichon Longueville Comtesse de Lalande 12 November, 2008
7. Christie's New York, 17 November, 2008
8. Magnum sold by Acker Merrall & Condit in Hong Kong in November, 2008 for $10,625
9. 2005 sale figure
10. Jan 2000-Dec 2008
11. Double magnum
12. 18 October, 2008, Acker Merrall & Condit, New York

0 thoughts on “Le Pin at auction: 2000 – 2008

  1. Postscript: 1986 Le Pin realised $806 per bottle – just below the low estimate. 1989 (magnum) realised $3,872 – just above the low estimate, and shows a decline of 8.5% on the most recent sale price last year. The 1996s made it over their high estimates at $3,630 (Lot 792) and $3,146 (Lot 793). The 2000 vintages (Lots 793-795) on offer were bought in never realising their low estimates of $15,000 for 6 bottle and 3 magnum lots.

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