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Investment Grade

Investment Grade

Investment Grade

Best Investment Wines

Most wines are purchased for consumption, even though a lot of them get stored in a cellar for much later. Almost every quality wine develops precious character and extra nuances over time, and wine enthusiasts are typically a patient sort, perfectly willing to allow that time to pass. However, sometimes the vintage is so good, you want to wait until demand increases, and you can turn a hefty profit, usually keeping a bottle or two for personal satisfaction. There is an inherent risk when it comes to seeking out these potentially profitable wines, as there are factors that can make it less desirable later on. However, that risk adds a lot of thrill to the procedure, and you’re not a true wine geek if you don’t relish that thrill and take some chances. Even if you don’t end up being able to resell the wine, you will usually be left with a very solid choice for drinking, and you can use it as a staple choice for social events and romantic evenings.

We’re thrilled to introduce you to some fine, reliable investment-grade wines. They’re as solid as gold when it comes to value, and you can sit on them for ages, increasing their overall worth. From the prestigious bottles of chateaux Latour, Haut-Brion, and Margaux to the powerful Screaming Eagle Cabernet Sauvignon from California, there are many options to choose from. We have been keeping an eye on recent vintages in order to identify really good investment-grade wines with the highest degree of accuracy. Let’s examine some candidates.
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1990 Paul Aine Jaboulet Hermitage La Chapelle, Rhone Red

The 1990 La Chapelle is the sexy and opulent. I had the 1990 at the Jaboulet tasting, and again out of a double magnum three months ago. On both occasions it was spectacular, clearly meriting a three-digit score. The modern day equivalent of the 1961, it deserves all the attention it has garnered.The color remains an opaque purple, with only a slight pink at the edge. Spectacular aromatics offer up aromas of incense, smoke, blackberry fruit, cassis, barbecue spice, coffee, and a touch of chocolate. As it sits in the glass, additional nuances of pepper and grilled steak emerge. There is extraordinary freshness for such a mammoth wine in addition to abundant tannin, an amazing 60-second finish, and a level of glycerin and thick, fleshy texture that have to be tasted to be believed.Despite its youthfulness, the 1990 La Chapelle is lovely to drink, although it will be even better with another 5-6 years of cellaring; it should age for 35-40+ years. Anticipated maturity: 2005-2050.Robert Parker | 100 RPI’ve been lucky enough to drink probably a case of the 1990 Hermitage La Chapelle, and it’s always either rated pure perfection or just off that magical number. On this occasion, it tasted like a newly released wine and offered incredible purity and freshness in its crème de cassis, crushed rocks, spring flowers, chocolate, and smoke meat aromas and flavors. Deep, brilliantly concentrated, yet also elegant and seamless, it’s just now starting to show hints of secondary aromas and is going to be incredibly long-lived. One of the greatest Hermitages ever made, life is too short not to drink this once in your life!Jeb Dunnuck | 100 JDJaboulet’s Hermitage La Chapelle 1961, 1978 and 1990 are considered to be among the greatest wines ever made in the Rhône Valley. The 1990 was sourced from Les Bessards, Le Méal and Les Rocoules, with the vines at the time between 40 and 60 years old. The grapes were hand-harvested, destemmed and macerated for three to four weeks, then matured in barrel for 15-18 months, 20% new wood. It’s still amazingly dark in colour, with an immediately intense, savoury expression on the nose reminiscent of beef stock. Dried roses and roasted beef bones come through on the medium- to full-bodied palate, but there’s also still fruit, not yet dried out at all. There’s a touch of mint on the finish and a prickle of furry tannins. This still has a good sense of density and drive - an extraordinary wine with a reputation that’s fully deserved. Drinking Window 2019 - 2050Decanter | 100 DECGorgeous aromas of dark berry, dried meat, dried berry, game, wet earth and licorice. Floral. Full body with a wonderful texture of dried fruits, spices and berries. Very dense and muscular with wonderful balance and length. Dense and intense. Blockbuster style.James Suckling | 98 JSAs expected from this ideal vintage, this ’90 is sensational. Inky in color and solidly anchored in its [i]terroir[n], it springs to life with a symphony of flavors, from mineral to wet earth and blackberry. Marvelous balance among fruit, acidity and smooth tannins. Delicious now, but can hold.--La Chapelle vertical. Drink now through 2025. 9,400 cases made.Wine Spectator | 97 WSRhȏne lovers were out in full force on this night. Sadly, I only got to taste a handful of the wines being passed around. Still, these were four of the greatest wines I have ever tasted. The 1990 La Chapelle held its own in this grouping, and then some. The purity of the fruit and the wine’s finish were mind-bending.Antonio Galloni | 96 AG

100
RP
As low as $865.00
2010 Chapoutier Hermitage Le Pavillon, Rhone Red

Tasting like the concentrated blood from an aged and grilled strip steak, the 2010 Ermitage Le Pavillon boasts a black/purple color along with creme de cassis, camphor, pen ink, white flower and lead pencil shaving characteristics in its massive, full-bodied personality. It almost defies description because of its ethereal concentration and off-the-charts extract levels. This is not for the faint of heart, or those who lack patience, as it will require 10-15 years of bottle age, and, as previously stated, will keep for 50 or more. There are just over 1,000 cases of the 2010 Le Pavillon, another perfect wine in the constellation of profound wines produced by Michel Chapoutier.In November of this year, Michel Chapoutier finally made the cover of The Wine Spectator. The accompanying article said essentially the same things I had written about over twenty years ago. More importantly, I am thrilled that Chapoutier received this attention because it has long been deserved. History will record that Michel Chapoutier is a revolutionary. He is also a highly emotional man whose infectious love of primitive art, historic books, classical music and, of course, terroir and winemaking are seemingly impossible to harness. Michel Chapoutier was among the first in France to embrace the radical biodynamic agricultural teachings, for which he was initially criticized, but is now praised. He was also the first to print all his labels in Braille, something that cynics considered to be a gimmick, but ask the National Association for the Blind what they think. Coming from a famous family, but moving in a direction unlike any of its previous members, Michel Chapoutier is self-taught. What he has accomplished over the last two decades or more is one of the great wine stories of the modern era. With all his outgoing, boisterous, machine-gun-speed prose that can sometimes sound shockingly cocky, and at other times reminiscent of the famous Lebanese poet Khalil Gibran, there is never a dull moment around Chapoutier., who makes comments such as “Filtering wine is like making love with a condom,” and “Acidifying wine is like putting a suit of armor on the vineyard’s terroir, vintage character and the cepage.” Don’t blame him if his brilliant intellect and shocking vocabulary put his visitors on the defensive. Michel Chapoutier has proven through his genius, the faith of his convictions and backbreaking attention to detail in his vineyards and in the winery that a once moribund negociant (yet with significant vineyard holdings) could become a beacon of inspiration and quality for the entire world. In short, every wine consumer in the world should admire his accomplishments. All of Chapoutier’s lower level 2010 whites and basic reds have long been sold out, so to keep the tasting somewhat limited during my visit, we focused on the more recently released 2010 white and red selections parcellaires and nearly all the 2011s. As for the 2010 selection parcellaire whites, they are spectacular. Le Pavillon, once called Rochefine and owned by Jaboulet-Verchere, consists of 10 acres of pure granite in the famed Les Bessards, which is considered by many to be the single greatest terroir of Hermitage. The Ermitage Le Pavillon, which is meant to age for 50+ years, is Michel Chapoutier’s legacy, and he is confident that history will support his belief in this extraordinary wine. Michel Chapoutier is not alone in believing the 2011s may resemble a more modern day version of 1991. That vintage was largely underrated by just about everybody (except yours truly) because all the accolades and hyperbole were largely bestowed on both 1989 and 1990 (deservedly), but in the Northern Rhone 1991 turned out to be a strikingly superb vintage for Cote Rotie, Hermitage, Cornas and Condrieu. In the Southern Rhone, the vintage was largely a disaster. Following is an overview of what to expect with the inexpensive 2011 whites and reds. Most of these wines do not have the weight, power or tannic structure of the 2010s, but they are by no means diluted or wimpish wines. They tend to be charming, fruit-forward and seductive, and thus may be preferred by consumers looking for immediate gratification. Although the first few wines reviewed are Southern Rhones, they need to be covered because they are in bottle, and I did not review them in issue 203. Along with several other producers, Michel Chapoutier has helped increase the world’s attention to the long-forgotten, microscopic appellation of St.-Peray. Chapoutier produces a bevy of St.-Perays under his own name as well as in partnership with two three-star chefs, Sophie Pic, of the Restaurant Pic in Valence (as well as several culinary branches in Paris and Lausanne, Switzerland), and Yannick Alleno, the brilliant chef at the Hotel Le Meurice’s in Paris. The red 2011 selections parcellaires are already fruit-forward and seductive. Readers should love them as they are much more evolved than the more structured, powerful, dense, tannic 2010s.Robert Parker | 100 RP(M Chapoutier, Le Pavillon, Hermitage, Rhône, France, Red) Sometimes the setting in which you taste a wine helps to fix it in your mind. I tasted this at the Chapel of Saint Christopher on the hill of Hermitage, looking down over the vineyards - a magical spot at the best of times. I was expecting this to be quite closed and introspective, but it’s already unfurling, and beginning its first drinking window, quite mature in colour, open and ready for business. It has a beautifully aromatic nose, complex notes of plum, blackberry, glove leather, black olive tapenade and a little hedgerow. Very fresh and alive. Great impact and concentration on the palate, remarkably saline, very intense, but so lively and vivid. Texturally it’s velvety, saline, bright and pixelated. Long finish. A hugely complex and dynamic wine, the spirit of Hermitage. (Drink between 2020-2034)Decanter | 99 DECDensely packed, with zesty loganberry, blueberry coulis, plum skin and blackberry paste flavors, presenting a hefty backdrop of ganache and graphite that takes over on the very long finish. A lovely alder note echoes in the background. Best from 2018 through 2028. 43 cases imported. — JMWine Spectator | 97 WSInky purple. Heady, exotically perfumed aromas of ripe dark berries, candied flowers, Indian spices and cracked pepper. Stains the palate with intense blackberry and boysenberry flavors, picking up a sweet violet pastille note with aeration. Dense but lively and strikingly precise given its concentration. Shows superb finishing energy and focus, closing with amazing length and slow-building, harmonious tannins. This wine is built for the long haul; I wouldn’t touch it for at least another decade.Vinous Media | 96 VM

100
RP
As low as $429.00
2015 chapoutier hermitage le meal blanc Hermitage

Another perfect wine is the 2015 Ermitage le Meal Blanc. The most decadent, unctuous and layered in the lineup, with to-die-for notes of white currants, toasted nuts, celery seed and licorice, it hits the palate with full-bodied richness, a huge mid-palate and a refreshing, pure, yet blockbuster finish that just won’t quit. If I had to pick a desert island white, this might be it.Robert Parker Wine Advocate | 100 RPLovely, featuring waves of Jonagold apple, mirabelle plum, lemon curd and white peach flavors, all gilded with hints of honeysuckle, verbena and jasmine. Shows terrific range, with superior detail through the finish and lingering minerality adding length. Drink now through 2030. 636 cases made, 29 cases imported.Wine Spectator | 97 WSLurid yellow-gold. Penetrating aromas of ripe, mineral-accented citrus and pit fruits are complicated by hints of chalky minerals, saffron and chamomile. Juicy, smoky and deeply concentrated but lithe on the palate, offering densely packed peach nectar, pear liqueur, Meyer lemon and buttered toast flavors that show superb drive and focus. The mineral note repeats emphatically on the incisive, smoke-laced finish, which lingers with outstanding persistence.Vinous Media | 96 VMThis is dressed to impress with fresh oak framing up fragrant, ripe and slightly tarry black-fruit and cassis aromas. Pepper and graphite, too. The palate is superbly weighted, showing a classic interplay of elegance and power. Deeply succulent blackberries and black cherries snap fresh into the finish. From organically grown grapes. Drink in 2021.James Suckling | 96 JS

100
RP
As low as $279.00
2015 paul aine jaboulet hermitage la chapelle Hermitage

Lastly, and a legendary wine in the making, the 2015 Hermitage La Chapelle is reminiscent of the 1990 with its full-bodied, opulently, sexy, yet concentrated style. Offering sensational notes of blackcurrants, smoked herbs, beef blood, and chocolate, it’s a huge yet elegant wine that has masses of sweet tannin, incredible purity and finesse, and a killer finish. It’s the finest wine from this estate in close to 30 years. Hats off to Caroline Frey and Jacques Desvernois!Jeb Dunnuck | 100 JDThe 2015 Hermitage La Chapelle is one of the estate’s finest recent efforts. It’s packed with firm tannins and will need to be lost in the cellar for a decade, but it will reward those with patience. Richly concentrated and full-bodied, it hits all the expected notes—cassis, black olive, smoke, crushed stone, pencil shavings and espresso—then finishes long, with an aristocratic sense of reserve and austerity. Winemaker Jacques Devernois compares it to a woman’s black dress, meaning it speaks of elegance and class.Robert Parker Wine Advocate | 98 RPBright purple. Explosive, smoke- and spice-accented blueberry, cherry cola, incense and smoky mineral aromas show outstanding delineation and pick up a hint of olive with aeration. Sweet and expansive on the palate, offering deeply concentrated dark berry liqueur, fruitcake and floral pastille flavors, along with a suggestion of star anise. The remarkably long, penetrating finish features strong minerally cut, an echo of sweet blue fruit and harmonious tannins that come in late and fold effortlessly into the deeply concentrated fruit. At this stage, this is a contender for the wine of the vintage, at least by estimation.Vinous Media | 98 VMA majestic and brooding nose with dark stone fruits, wet black stones, pepper and brown spices as well as some dark chocolate and meaty notes, and fresh truffle-like earthiness, too. The palate draws deep and even with effortless power. Seamless. Extremely focused and long fine tannins. Hints of high cocoa chocolate. The acidity is stunning. This is flawless Hermitage. Drink 2023 and beyond.James Suckling | 97 JS

100
JD
As low as $249.00
2020 M. Chapoutier Ermitage L'Ermite, Rhone Red

In the same qualitative ballpark as the Pavillon, the 2020 Ermitage L’Ermite is even tighter and more chiseled. It too is perfectly proportioned and insanely pure, with notes of crème de cassis, burning embers, blueberries, camphor, charcoal, and crushed stone. While the soils here are less granitic than from the Bessards, this cuvée always seems to show even more minerality in every vintage I’ve tasted. Incredibly concentrated, full-bodied, and yet still flawlessly balanced and elegant, it needs to be hidden in the back of the cellar for 10-15 years and should have 50 years of overall longevity.Jeb Dunnuck | 100 JDIf you ever wondered why Hermitage had such a special reputation then you need to taste this towering masterpiece of this appellation. Spectacular mountain freshness as well as enormous concentration and underplayed tannic power. The spicy complexity of this wine needs some time to unfold, but that is the best invested time I can imagine. Fabulous mineral freshness at the finish that you don’t ever want to let go of. From biodynamically grown grapes with Demeter certification. Drinkable now, but best from 2026.James Suckling | 100 JSCompelling scents of roasted meat, espresso and blueberries roar from the glass, joined by a hint of vanilla on the nose of the 2020 Ermitage l’Ermite. A huge behemoth of a wine in the mouth, it’s nevertheless an elegant beast that should easily be tamed by a few years in the cellar. Fans of all-out power might prefer this to the Le Pavillon in 2020, but for me, it’s a just a neck behind, nipped at the wire.Robert Parker Wine Advocate | 98+ RPThis densely packed red has it all, from a brooding base of smoked blackberry, ganache, plum puree and fig paste flavors to textural intrigue and a long finish. Offers muscular tannins that are nicely burnished to give this a substantial yet not too grippy frame, while notes of dark chocolate, black licorice and generous grilled garrigue cruise alongside a steely ballast of iron. Hints of dried flowers and savory orange peel acidity perk up the concentrated core. Best from 2025 through 2045. 317 cases made, 8 cases imported.Wine Spectator | 98 WSFresh, flinty aroma with blackcurrant underneath - an enlivening nose. Great harmony, incisive freshness and remarkable drive, the fruit is fresh, pure and concentrated. Totally seamless on the palate, with incredible textural finesse and length. A profound Hermitage in the making, perhaps not one of great weight and authority, but one of incredible tension, freshness and precision. If 2019 was Thor, 2020 is Loki. Like all of the 2020 reds, its fruitiness and approachable structure will make many want to drink this young. You can, but this has serious ageing potential.Decanter | 98 DECGlass-staining violet color. Intensely perfumed ripe black and blue fruits, exotic spices, potpourri, olive and incense aromas are sharpened by a smoky mineral flourish. Juicy and expansive in the mouth, displaying alluringly sweet blueberry, cherry preserve, fruitcake and mocha flavors, along with hints of licorice and candied flowers. The floral and spice notes reverberate on a fabulously long, penetrating finish that features mounting tannins and an insistent mineral note. For me, this looks to be the best (ever so slightly!) of a truly stellar group of single-site Hermitages here in this vintage. The 2011 version of this wine is showing exceptionally well right now, with eerily Burgundy-esque finesse and intense blue fruit, floral, spice and mineral character. I wish that I had some, or even just one!Vinous Media | 97-99 VM

100
JD
As low as $315.00
2020 m. chapoutier ermitage le meal blanc Hermitage

I was blown away by the 2020 Ermitage Le Méal Blanc, which is certainly the finest vintage of this cuvée I’ve tasted. From the pure south-facing Méal lieu-dit (which is the warmest terroir on Hermitage), it was vinified and aged 70% demi-muids (10% new) and 30% in stainless steel. Straight-up heavenly notes of white currants, powdered rock, celery seed, honeysuckle, and toasted almonds all define the bouquet, and it’s full-bodied and concentrated on the palate, with that rare mix of richness and freshness. Hermitage Blanc doesn’t get any better. I love this today, yet it will certainly benefit from a year or two of bottle age, drink well for 3-5 years, at which point, it’s probably best to wait until a solid 15 years after the vintage.Jeb Dunnuck | 100 JDThis relatively warm, early-ripening terroir has yielded a wine that’s full-bodied yet with an almost custard-like silky texture. Toasted grain, lemon custard, crushed stone, pear and melon notes mingle easily on the nose of Chapoutier’s 2020 Ermitage le Méal Blanc. The long, zesty finish is marked by a slight hint of bitterness that seems to come into this parcellaire from time to time.Robert Parker Wine Advocate | 96 RPAlmond, quince and a touch of rhubarb at this early stage; you sense the ripeness, but it’s not exotically fruity in 2020. The silkiness and glycerol on the palate are quite present, this sample shows plentiful oak, lending matchstick and cashew to the finish. An elegant vintage of Le Méal. Well-balanced, far from massive, not as powerful or concentrated as the past few vintages, this will drink well young and age into the medium term. Not a hugely-long lived Méal I suspect, but a delightful one nonetheless. There is generous alcohol, but it’s not unbalanced. (Drink between 2023-2040)Decanter | 96 DEC

100
JD
As low as $199.00
2022 E. Guigal Ermitage Ex Voto Blanc

Coming from the Les Murets lieu-dit and 100-year-old vines, with 20% from L’Ermite, the 2022 Ermitage Ex-Voto Blanc is a heavenly white offering quince, candle wax, crushed stone, and orange blossom-like aromatics. Based on 95% Marsanne and 5% Roussanne and aged 24 months in new French oak, it shows incredible depth and purity, with full-bodied richness and a focused, balanced style. This monumental Hermitage needs a year or two and should have decades of longevity. Hermitage Blanc doesn’t get any better! Drink 2025-2045.Jeb Dunnuck | 100 JDThe fabulous 2022 Ermitage Blanc Ex-Voto unwinds with vivid lemon flesh, yellow apple, white peach and honeysuckle. Flinty subtleties add a deliciously reductive touch. On the palate, the 2022 dazzles with remarkable depth and intensity, all backed by refreshing levels of bright acidity. What an awesome Ermitage Blanc Ex-Voto! Readers should note that no 2021 was produced.Vinous Media | 96 VMVery youthful, but the concentration, firm structure and vitality are already very impressive. This shows ample toast and vanilla-oak aromas plus pronounced oak tannins, but all of this is integrating beautifully. Stunning interplay of restrained creaminess and intense stony minerality in the long finish. Drink or hold.James Suckling | 95 JS

100
JD
As low as $225.00

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