Compared to the skytocketed futures prices for the past two years' vintages, we might have hoped for significant price reductions for the 2011 Bordeaux futures, given the "averageness" of that vintage, on the heels of four recent vintages of the century (2000, 2005, 2009, 2010). And yet, look at what we have for a well-regarded Second Growth, in the CHEAPEST first tranche of the 2011 offerings:
2011 Chateau Cos d'Estournel (750 ml): $160 per bottle, and yet Parker and Spectator rate it only 90-93.
I am not so certain that Americans will perceive this as a bargain; they may stay away in droves. I can sell you any number of 90-93 point bottles of other wines, for about $20!
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