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Spring Frosts in Bordeaux

Bordeaux wine producers braced themselves this week as temperatures dropped as low as -7℃ in certain areas. It’s the second year in a row that the region has experienced Spring frosts and the coldest temperatures for this season since 1947. As châteaux try to ward off the frost that can wreak havoc on their entire crop, we’ve taken a closer look at how it impacts vines and what producers can do to try and combat it.

Frost and Wine: How Does it Affect Vines?

Spring frosts happen when cold air below 0℃ collects at ground level and freezes any water that has settled on surfaces. If this happens to new buds that have burst it kills them. The impact of this is huge and can impact the vintage yield significantly.

Vineyard Frost Protection

There are several ways that wine producers can try to combat frost in the vineyard. One popular and traditional method in French winemaking regions is the use of ‘bougies’, literally ‘candles’ in French, but more often ‘burners’, using old oil drums. They are placed throughout the vineyard to generate heat which helps the air to circulate and prevents the cold air from settling and causing the frost.

Wind machines are more common in areas that are prone to frosts. They act as large fans with a heating element inside and aim to keep the temperature at ground level above freezing. You might have even seen photos of some producers using helicopters above the vineyards in order to circulate the air!

Sprinklers are also used to spray water onto the vines. As the water freezes around the green tissue, it releases some heat which gives vines just enough protection to fight off the frost. 

One Bordeaux producer who has fought frost with 100% success using another method this year is Liber Pater in the Graves region on the Left Bank. Owner ​​Loic Pascquet no longer bottles his wines adhering to the AOC system which has strict production requirements. Instead, he chooses to bottle his wines as ‘Vin de France’ and is free to use frost nets in the vineyard, something that AOC classified producers are not permitted to do. Frost nets cost half the price of burners and are also reusable.

The Impact on the 2022 Vintage

While we don’t know just yet the full impact the Spring frosts may have had in Bordeaux, it’s likely that yields will be down. With less fruit available to make the wines, the amount of the 2022 vintage released on the market could be drastically reduced, meaning that the global demand for Bordeaux would struggle to be satisfied.

 

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Welcome to WineCap

Hello, we’re WineCap and we’ve changed our name from Westgarth Wine Investments to give it a bit of a refresh, invested more in our technology, streamlined the new site and have added extra features that benefit our visitors. You can now schedule a free 30-minute consultation with one of our investment experts. We’ve also created the Academy which is a hub of online resources.

New Name. Same Team.

We’re still the same independently-owned company and team who’ve been proud to serve you for the past ten years and who will continue to offer expert investment advice for the next chapter of your wine journey.

Do I Need to do Anything?

You don’t need to take any action. Your online details remain the same, there are no changes to the wines you hold or where they’re stored and you can phone the same people using the usual number.

What’s New?

You’ll see our updated branding on our new website. We’ve also launched the WineCap Academy where you can learn more about the producers you invest in, stay up-to-date on what’s been happening in the market and get the low-down on everything in the wine investment sector. What’s more, you can expect new quarterly reports in order to stay informed with market trends.

So, a big ‘hello’ and ‘welcome’ from all of the team here at WineCap and we’re excited about this new phase of our wine investment journey together.

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Top 10 most expensive wines in the world

Wine has captivated collectors for centuries – not just for its flavour and artistry, but for its ability to increase in quality and value over time. For many enthusiasts, this has made fine wine one of the world’s most compelling collectible assets.

In recent years, the most expensive bottles of fine wine have evolved into global luxury assets in their own right. Record-breaking sales at Sotheby’s and Christie’s, particularly from Burgundy and Bordeaux, have drawn the attention of collectors across Europe, the United States, and Asia. The fine wine market has proven remarkably resilient, often outperforming traditional investment sectors during periods of volatility. As more investors and collectors explore alternative assets, interest in understanding what drives the value of the world’s rarest bottles has grown rapidly.

But what is the most expensive wine on earth? And why are some bottles worth more than luxury cars – or even homes? In this guide, we explore the top 10 most expensive wines in the world, breaking down their prices, regions, rarity, and what makes a single bottle so valuable.

Ten of the world’s most expensive wines

The wines featured below have achieved legendary status in the world of fine wine – not only because of their craftsmanship, but also due to the unique stories and circumstances that have shaped their value. From minuscule production levels to historic vintages and iconic vineyard sites, each bottle reflects centuries of winemaking heritage and a global appetite for rarity.

Domaine Georges & Christophe Roumier, Musigny Grand Cru

Producer: Domaine Georges & Christophe Roumier

Average price: £13,595

Wine type: Red

Grape: Pinot Noir

Region: Burgundy, France

Domaine Roumier is one of Burgundy’s most revered producers, responsible for some of the region’s most expensive wines. Its Musigny Grand Cru – grown on exceptional limestone soils in the Côte de Nuits – offers remarkable finesse and longevity. As a Grand Cru, Burgundy’s highest classification, this wine is treasured for its age-worthiness, rarity, and ability to command high auction prices.

Production levels from Musigny are extremely limited, and the vineyard’s old vines contribute to the wine’s intensity and depth. Collectors value Roumier for its consistency across vintages and its meticulous approach to viticulture, both of which drive sustained demand and premium pricing.

Château Margaux

Producer: Château Margaux

Price: $225,000 (gained by insurance reimbursement in America)

Wine type: Red

Grape: Bordeaux blend

Region: Bordeaux, France

A bottle of this wine, created in 1787, was said to be a part of Thomas Jefferson’s personal collection.

A wine trader called William Sokolin later acquired it and took it to a dinner in Bordeaux, where the waiter knocked it off the table and smashed the bottle. Sokolin was later reimbursed with $225,000 by his insurance company, but the bottle was originally thought to be worth $500,000. Château Margaux is also a consistent producer of top-performing Cabernet Sauvignon-led blends, reinforcing its status as a pillar of fine wine investment.

Classified as a First Growth in the historic 1855 Classification, Château Margaux’s reputation spans centuries. Pre-phylloxera bottles such as the 1787 are exceptionally rare, making them prized artefacts of wine history. Provenance plays a major role in the value of such wines, and Jefferson-linked bottles remain some of the most sought-after in the world.

Domaine Leroy, Musigny Grand Cru

Producer: Domaine Leroy

Average price: £31,691

Wine type: Red

Grape: Pinot Noir

Region: Burgundy, France

Founded in 1868 by wine merchant François Leroy, the Domaine (vineyard) is now owned by Lalou Bize-Leroy, who also owns Domaine d’Auvenay.

This dry red wine is produced from Pinot Noir grapes and is farmed biodynamically. This ethical approach to farming provides nutrients to the plants by using their own composting measures, as opposed to using chemical fertilisers. Although more labour-intensive, this approach produces high-quality fruit and is better for the environment.

Domaine Leroy’s wines are often considered on par with, or even superior to, those of Domaine de la Romanée-Conti, both making wines from prestigious communes such as Vosne-Romanée. Micro-production levels mean only a few barrels are produced each year, resulting in extremely limited global availability. This scarcity, combined with critical acclaim, contributes significantly to its exceptionally high market value.

Krug Vintage Brut Champagne

Producer: Krug

Price: Sold for £14,800

Wine type: Sparking wine

Grape: Champagne

Region: Champagne, France

Krug is one of Champagne’s most renowned houses, producing some of the region’s most sought-after and expensive wines.

At a Hong Kong wine auction in 2009, the 1928 Krug Vintage Brut set a record as the most expensive Champagne ever sold at the time. Its combination of rarity, craftsmanship, and historical prestige make it a pinnacle of sparkling wine collecting.

Older Champagne vintages like 1928 are incredibly rare because sparkling wine is typically consumed young. Bottles that survive nearly a century in pristine condition gain immense value. Krug’s long ageing process on lees, combined with its dedication to complexity and structure, makes its older vintages particularly collectible.

Screaming Eagle Sauvignon Blanc

Producer: Screaming Eagle

Average price: £4,610

Wine type: White

Grape: Sauvignon Blanc

Region: Oakville, USA

Although not the most expensive wine on the list, this is one of the most expensive white wines from the North Coast of the United States.

As one of Napa Valley’s original “cult wines,” Screaming Eagle produces extremely limited quantities, often fewer than 1,000 cases per year. While known primarily for its Cabernet Sauvignon, its Sauvignon Blanc has become one of the most expensive white wines in the world, driven by rarity and intense demand.

Screaming Eagle’s allocation list is famously difficult to join, with waiting lists spanning years. This exclusivity fuels secondary-market prices, as collectors compete for the winery’s rarest bottles. Napa Valley’s rise as a luxury wine region has further elevated Screaming Eagle’s iconic status.

Domaine Leflaive, Montrachet Grand Cru

Producer: Domaine Leflaive

Average price: £12,430

Wine type: White

Grape: Chardonnay

Region: Burgundy, France

Montrachet is considered the best white wine vineyard in the world, with bottles often dominating top 10 most expensive wine lists. Domaine Leflaive’s Grand Cru Chardonnay – barrel-fermented and known for citrus, hazelnut, and buttery richness – remains a benchmark of Burgundy craftsmanship.

Leflaive’s plots in Montrachet sit on prime limestone-rich soils, offering exceptional drainage and mineral expression. With only a very small portion of the already tiny Montrachet vineyard under its control, Leflaive produces minuscule quantities of this wine each year, contributing significantly to its rarity.

Liber Pater

Producer: Liber Pater

Average price: The 2015 variety had an average price of £27,500

Wine type: Red

Grape: Bordeaux blend

Region: Bordeaux, France

Liber Pater produces some of the most expensive wines in the world. This vintage wine was created in 2015, and due to its very low production numbers and the use of grapes from ungrafted vines, it has become a true collector’s item.

Liber Pater aims to recreate the taste of pre-phylloxera Bordeaux by using nearly extinct grape varieties and traditional winemaking techniques. The estate produced just 550 bottles in 2015, making it one of the lowest-production wines in Europe. Its experimental approach attracts collectors seeking something truly singular.

Château d’Yquem

Producer: Château d’Yquem

Price: Sold for £75,000

Wine type: Dessert

Grape: Semillon & Sauvignon Blanc

Region: Sauternes, France

As the only Premier Cru Supérieur in the 1855 Classification, Château d’Yquem has no rivals in the world of sweet wine. The 1811 vintage – one of its most celebrated – sold for £75,000 and was recognised by Guinness World Records as the most expensive standard bottle of white wine ever sold at auction. The wine bottle is said to be on display in Mr Vanneque’s restaurant in Bali, protected by bulletproof glass.

Château d’Yquem benefits from a unique microclimate that encourages the development of noble rot, allowing the estate to produce extraordinarily concentrated and long-lived wines. Many vintages of Yquem can age for over a century, which further enhances its allure among collectors.

Domaine Leroy, d’Auvenay Chevalier-Montrachet Grand Cru

Producer: Domaine d’Auvenay (part of Domaine Leroy)

Average Price: £23,439

Wine Type: White

Grape: Chardonnay

Region: Burgundy, France

Another masterpiece from Lalou Bize-Leroy, this ultra-rare Grand Cru comes from a tiny four-acre estate. Minuscule yields and perfect craftsmanship make it one of the top 10 most expensive wines in the world.

In certain vintages, only one or two barrels of this wine are produced, placing it among the most limited-production white wines in existence. The combination of terroir precision, strict biodynamic principles, and extremely low output fuels exceptionally high prices.

Egon Müller, Scharzhofberger Riesling Trockenbeerenauslese

Producer: Egon Müller

Average Price: £12,147

Wine Type: Dessert

Grape: Riesling

Region: Mosel, Germany

Egon Müller is synonymous with world-class Riesling. Their Trockenbeerenauslese – made from individually selected botrytised berries – is among the most expensive dessert wines globally, often achieving record prices at international wine auctions.

TBAs are among the rarest and most labour-intensive wines to produce, requiring hand-picking berry by berry. Egon Müller consistently commands the highest Riesling prices in the world, with some vintages selling for tens of thousands of pounds on release.

What makes wine so expensive?

When examining the world’s most expensive wines, several factors consistently influence rarity and price:

1. Reputation and provenance

Producers like Domaine de la Romanée-Conti, Lafite Rothschild, and Krug have global reputations for exceptional quality. Strong brand prestige pushes demand upward – especially when paired with historical significance.

2. Critical acclaim

Fine wine critics such as Robert Parker and major publications like Wine Spectator influence global pricing. High scores often trigger strong interest at wine auctions, driving prices even higher.

3. Ageing potential

Investment-grade wines improve dramatically with age. A wine built for long-term cellaring – such as Bordeaux blends or Grand Cru Burgundy – will usually appreciate in value.

4. Scarcity

Rarity is the backbone of luxury pricing. Limited-production wines, low-yield vineyards, or single-parcel bottlings make wines more exclusive. When only a single bottle or a few hundred bottles exist, demand can skyrocket.

5. Historical or cultural importance

Bottles owned by notable figures (e.g., Thomas Jefferson) or from legendary vintages often become priceless artifacts.

Valuation is also influenced by condition and storage history. Wines stored in professional, temperature-controlled cellars command higher prices, while bottles with damaged labels, signs of leakage, or poor provenance may lose significant value. Auction houses play a major role in establishing price benchmarks, and the presence of original wooden cases, wax seals, or château documentation can increase a bottle’s desirability.

Why invest in fine wine?

Fine wine is a powerful alternative investment because:

  • it has low correlation with global stock markets

  • values tend to rise steadily over time

  • supply naturally decreases as bottles are consumed

  • the category has historically remained more stable than gold or real estate

  • prestige wines retain global demand regardless of economic cycles

Fine wine is also considered tax-efficient in several regions, further increasing its appeal for investors seeking long-term growth without excessive tax burdens. Its global nature – traded actively in London, New York, Hong Kong, and Singapore –provides a diverse base of demand. Historically, fine wine has demonstrated resilience during economic downturns, making it an attractive hedge against inflation and uncertainty.

For collectors, investing also provides the joy of building a cellar filled with some of the most extraordinary wines ever created.

Your wine investment journey starts here

WineCap gives you access to some of the world’s most investible wine allocations. Once your preferences are understood, you gain access to a broad portfolio of investment-grade wines, stored in secure government-bonded facilities.

We don’t charge a management fee and our brokerage charges are very low, so you have access to rare wines at a fair price.

Whether you are looking to begin your portfolio with classic investment wines like First Growth Bordeaux or are exploring ultra-rare bottles such as Domaine Leroy, WineCap provides expert guidance at every stage. Our team can help ensure proper storage, verify provenance, and identify the strongest long-term performers in the market, giving you confidence as you build your wine investment portfolio.

To start your wine investment journey, schedule a consultation with one of our experts.

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Asian Buyers make up 65% of the World’s Total Drinks Buyers

Asian buyers now make up 65% of the total wine and spirits buyers in the world. That’s according to Sotheby’s 2020 Wine Market Report. Asia’s demand for the world’s finest wines looks set to grow too, as 2020 was the second highest percentage on record for Asian buyers, after 68% in 2019.

There are multiple factors that can be attributed to Asia’s growing market share of the total wine and spirits market. The Coronavirus pandemic had a direct impact on drinking habits last year. Unable to visit restaurants and bars, China’s wealthy citizens began opening bottles of some of the finest wines from their cellars at home.

An international travel ban and lockdowns across China also meant that those who usually would have travelled abroad on holiday, opted instead to spend their money on buying top wines such as Domaine de la Romanée-Conti: a producer that represented 20% of all wine sales at Sotheby’s last year. However, while Bordeaux and Burgundy producers still make up the top ten names in Sotheby’s annual producer rankings, Asian buyers are looking further afield to regions such as Napa, in order to discover new wines such as Harlan Estate, Sine Qua Non and Colgin Cellars.

The future for wine imports into Asia, particularly into China, looks very promising. 2.25m nine-litre cases were imported into China in 2006 compared with a colossal 50.5m cases in 2019. Although there was a slight drop in the number of cases imported in the past two years, the trend for increased wine consumption looks set to continue. This is due to a combination of wine enthusiasts having opened bottles from their cellars during lockdown, as well as the disruption caused to supply chains to mainland China by the Hong Kong riots having ended.

As more and more Chinese cities open up – such as Shanghai – on-trade sales of fine wine are beginning to blossom, as consumers celebrate the easing of lockdown restrictions. With such strong figures from Sotheby’s recent report, all eyes remain firmly fixed on Asia with big expectations for this wine market that shows huge potential for growth.

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Invest in Wine with Confidence now that we have a Brexit Deal

Investing in wine is more straightforward now we have a deal

Ever since the UK voted to leave the European Union in 2016, trade talks and negotiations between the two sides had been full of uncertainty, posturing and brinkmanship which at times made it feel like a deal was unobtainable. So, the news that a trade deal – now ratified by the UK Parliament – had been struck on Christmas Eve in 2020 was met with welcome relief across all industry sectors on both sides of the Channel and especially by those looking to invest in wine.

1. The costly VI-1 import documentation for UK and EU wines is no longer going to be introduced in July as previously planned. Taking its place will be a straightforward Wine Import Certificate which asks for basic producer and product information. This means far less admin and fees for wine importers, which in turn means no extra costs will be passed on to customers.

2. Crucially, wines will not have to undergo lab assessment for the new Wine Import Certificate. Submitting wines for lab analysis would have caused backlogs of wines which would have created frustrating shipment delays.

3. While UK wine importers are going to have to get to grips with new processes and forms over the coming months, this is just part of the anticipated bedding-in period which will become second nature as time goes on and as new processes are established.

With the previous uncertainty around Brexit having disappeared with the end of the transition period and with the years to come looking as though they’ll mirror previous years of healthy returns for fine wine, contact us to speak to one of our advisors about creating your portfolio to invest in wine.

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Bordeaux En Primeur 2020: First Impressions

The Bordeaux En Primeur 2020 campaign is well underway and the general consensus from the trade and from critics is that this is an excellent vintage, the third in a row:

‘We have a reputation in Bordeaux to say the last vintage is the best one. But we did with 2018, 2019 and now 2020… after we did our tastings in the spring I can say it is a really great vintage. It is different from 2019 with more freshness, more tension, more balance. It’s a good one. Maybe a bit less powerful than 2019 but it made really great wine. I think that we can call it a trilogy now (three consecutive high quality vintages: 2018, 2019 and 2020).’ – Michel Rolland in conversation with James Suckling

Ahead of the Bordeaux En Primeur 2020 campaign, we’ve all been expectantly waiting to see how this year’s prices compare to 2019’s, as last year’s prices were considerably lower than previous years, due in part to the ongoing global pandemic that caused significant disruption, especially when it came to mass tastings being cancelled. Initial releases have come in either at the same price as last year or slightly higher. Increased prices are due largely to volumes being down some 25% on the year before.

The quality of the vintage has been declared as very good to excellent and the wines that have been released so far have commanded varying scores that range all the way from very good to 100 points.

As Jane Anson writes in Decanter: ‘Bordeaux 2020 is a year of contrasts, so it favoured terroirs that are best able to cope with the changes – and winemakers who were able to follow closely and help their vines adapt.’ There are some stunning wines being released and those who have done their research will reap the benefits. For expert advice, schedule a call with one of our investment analysts.

Interested in reading the Bordeaux En Primeur 2020 report in full? Access it here.