Le Pin 2007 Pomerol Rises 12% to Record $17,700 on Liv-ex Market
A 2007 case of Le Pin Pomerol, whose wines are among the rarest of the top Bordeaux vineyards, traded on the London-based Liv-ex exchange at a record 11,200 pounds ($17,700) this week, extending the vintage’s two-year climb.
The sale on Jan. 23 was 12 percent up from a similar transaction on Liv-ex Dec. 6 and 87 percent higher than its price on April 1 2010, according to Liv-ex data. The wine, which is made from Merlot grown on gravel, first traded as futures on the exchange in June 2008 at 6,500 pounds a case.