The Life Cycle Of FINE WINE/CRITICS

The Life Cycle Of Fine Wine

En Primeur

Buying wines En Primeur is the process of purchasing a wine before it has been bottled and released to market. The upfront cost of the wine is exclusive of VAT, duty and delivery. This offers the customer the opportunity to invest in wine while it is still in the barrel and payment is made a year or 18 months prior to the official release of a vintage. An advantage of buying wine at the En Primeur stage is that the wines tend to be considerably cheaper thus allowing investors to achieve more growth.

Cellared Wine

The period in which complex chemical reactions occur involving the tannins, sugars and acids that bring about maturity and add to a wines value. This is after the En Primeur stage once the wine has been bottled. Wines are usually cellared for around 10 years, although it can vary from vintage to vintage. Fine wines mature and become more sophisticated with age and the listed chemical reactions can indeed improve the taste, smell and price of a wine.

Ready to drink

In short, the wine has fully matured and is ready for consumption. This will depend on many factors but ultimately it is the critics that will have the final say. This is also when prices tend to increase as supply quite often diminishes. It is generally thought that fine Bordeaux wines need at least 8-10 years to reach their potential, however other vintages can have slightly shorter or longer time frames required to reach a certain level of maturity.

Critics That Influence The Market

Fine Wine Scoring System

An extraordinary wine of profound and complex character displaying all the attributes expected of a classic wine of its variety. Wines of this Calibre are worth a special effort to find, purchase and consume.

An outstanding wine of exceptional complexity and character. In short, these are terrific wines.
A barely above average to very good wine. Displaying various degrees of finesse and flavour as well as character with no noticeable flaws.
An average wine with little distinction except that it is soundly made. In essence, a straight forward, innocuous wine.
A below average wine containing noticeable deficiency’s such as excessive acidity and / or tannin, an absence of flavour, or possibly dirty aromas or flavours.

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