Bordeaux En Primeur FAQ
Frequently Asked Questions About En Primeur
Back to: The Complete Guide to Buying Bordeaux Wine Futures
1. What is En Primeur?
En Primeur is the process of purchasing wine while it is still aging in barrels, often months or years before its official release.
2. Why buy En Primeur?
It provides access to rare wines, often at lower prices, with guaranteed provenance and the opportunity to secure your allocation.
3. Which regions offer En Primeur wines?
Bordeaux leads the way, but Burgundy, Rhone, Tuscany, and Champagne are also notable regions that release wines En Primeur.
4. How does pricing work?
Chateaux set initial release prices, often based on vintage quality and demand. These prices can rise post-release depending on the market.
5. Are En Primeur wines a good investment?
While many wines appreciate in value, market fluctuations mean returns are not guaranteed. It’s best to buy wines you enjoy drinking.
6. How long until I receive my wines?
Typically, wines purchased En Primeur are delivered 18 to 24 months after the campaign, once they’ve been bottled.
7. What does “In Bond” mean?
"In Bond" refers to wines stored in a bonded warehouse, exempt from duty and VAT until they are removed for consumption or resale.
8. Can I store my wines In Bond?
Yes, many merchants offer bonded storage, which keeps your wines in optimal condition while deferring taxes.
9. Is there a minimum purchase requirement?
This depends on the merchant. Some sell by the case (6 or 12 bottles), while others allow smaller quantities.
10. What are the risks of buying En Primeur?
Potential risks include price volatility, the waiting period for delivery, and reliance on the financial stability of the merchant.
11. How do I choose which wines to buy?
Critical reviews, tasting notes, and advice from merchants can help guide your choices based on quality, value, and personal preference.
12. Can I resell En Primeur wines?
Yes. Wines stored In Bond are often sold or traded before they are even delivered.
13. How do I ensure provenance?
Purchasing through reputable merchants guarantees your wines come directly from the estate and are stored properly until delivery.
14. Is En Primeur suitable for beginners?
Absolutely! It’s a great way to begin building a fine wine collection, especially with guidance from trusted merchants.
15. What happens if the wine doesn’t meet expectations?
While rare, this can happen. Critics’ reviews and early tastings offer a reliable guide, but wine can always surprise—positively or negatively.
16. When is the best time to buy En Primeur?
Timing is crucial. Buying early in the campaign often secures the best prices and ensures allocations before wines sell out.