Back in June we reported on the remarkable price history of Mouton Rothschild 2008. The wine saw its price double in two months, aided by a bottle label designed by a Chinese artist (thus capitalising on the auspiciousness of the number eight to the Chinese).
Having reached a high of £8,300 per 12x75 in December 2010, the price fell over the next eighteen months. In June 2012 it had dropped back to around the £4,000 mark – the price it was trading for before the in-bottle wine was released.
Yet the last few months have seen the price fall further. Yesterday Mouton 2008 traded on Liv-ex for £3,100: a price not seen since April 2010.
Data in the latest Cellar Watch Market Report points to the First Growths having perhaps overshot their recent price correction. With ten of Mouton’s last 15 physical vintages seeing positive monthly price movements in November, the 2008 may not keep its low price-tag for long.