Always the best day of the year - the arrival of the Rhône EPs from the Wine Society.
These are the 2017s of course. About three months late this year, but worth the wait. I thought I’d take a few minutes to work out if buying these wines EP had been worthwhile, so here is my final price per bottle delivered (in brackets) followed by the current cheapest UK price on Wine Searcher (delivery not included.)
Robin Crozes-Hermitage Albéric Bouvet (£18.07) £23.33
Dom de Mourchon Séguret CdRV Grande Reserve (£15.67) £19.99
Piedlong CdP (£33.67) seemingly unavailable now but last seen for £41.00
Voge Cornas Vieilles Vignes (£43.67) £49.80
...which means the first three have all increased in price by around 25% and the Cornas by 14%. I didn’t like this lack of consistency so decided to bend the facts to fit my wishes. The Cornas was being sold by an exchange rather than a merchant, so I decided that didn’t count. The cheapest merchant price was £53.06, which gives us an increase of... around 23%! Perfectly in line!
I don’t think I would have found any sensible investment that would have given me a 25% return in seventeen months (especially as only three-quarters of the total was paid up-front) so EP has been a good thing. QED!