New vintages of Chateau d'Yquem will be in short supply, with the recent announcement that no 2012 vintage will be produced - insufficient quality, concentration and quantity are to blame, following taste tests at the Chateau.
This contrasts with the primeur no-show of 2011 Château d’Yquem, made but not released. Sluggish market conditions and little demand for the lighter styled red 2011s were the key factors for this decision. Pierre Lurton, director of Chateau d'Yquem, has said that their 2011 draws comparison with the wonderful 2001 vintage and that it would therefore be launched "at a more suitable moment, one that suits the excellence of the wine in this vintage", thus signalling a fanfare release at a later date.
There is still no news regarding its release, but some clever promotion by the Chateau in the last month with auctions in Paris, London and New York has whetted appetites in anticipation.
In Paris, lot 932, described as 9 litres (equivalent to 1 case) of Chateau d'Yquem 2011 with a choice of bottling size, sold for 9844 euros (£8,650). At Christie’s in London on 21st February, another similar lot sold for £8,050 and at Sotheby's New York on 23rd February, another lot sold for US$24,500 (£16,175) hammer price. The lots included a visit and tour of the estate and lunch for 4 people - an astute marketing move which means that direct price comparisons with previous vintages cannot be made. However, it is worth noting that all sold prices were much higher than than the prices achieved at the auction for other great vintages: 1988, 1989, 1990, 1975, 1967 and nearly double the price of the recent-great 2001 vintage.