When did the Jura go all Burgundy...

R

Robert Dentice

Robert Dentice
I got an offer yesterday for 05 Ganevat Vignes de Mon Pere for $999.

And then at an Auction in Europe this week prices on Bruyere & Houillon which I honestly don't even think are that good are insane and at the same auction prices with VIG for the des Miroirs wines are well over $1000 each.
 
Ganevat and Houillon/Overnoy have been nutso pricing for about a decade now. I think 2010 was my last Ganevat purchase, but your threshold for price inflation outrage might be higher than my own.

Mark Lipton
 
I just learned on another board that my Houillon/Overnoy Poulsard, which I bought for @25 a bottle, more or less, was now worth $500. I immediately put my remaining bottles up for sale. That estimate may have been a little high, but only a little.
 
A few years ago, the 2005 Vignes de Mon Pere received 100 points from the Wine Advocate, and after that pricing went through the roof across the entire Ganevat range, and especially for that particular cuvee. It was already getting pretty expensive, as Mark says, but I liked the wines enough to keep buying until that happened. Now, not so much.

The last 5+ years have seen across the board price increases in all of the well-known names in the Jura whose wines are imported into the U.S. I'd like to keep buying but between the difficulty obtaining allocations and the prices, I find myself buying less and less. And not because I don't like the wines.
 
This explains why I only have Ganevat Mon Pere in my cellar through 2004. I didn't chase the wine, so bought it when offered.

The price escalation on unicorns really is incredible. It's also sad to see a wine like Overnoy/Houillon treated as a status symbol, which is really the only way to understand these prices. I have some cellared, but find myself not drinking them because pulling the corks now entails such substantial opportunity cost.

I keep expecting to see the same price increases for Puffeney. Maybe there's just not enough in circulation to notice or gain momentum.
 
originally posted by MLipton:
Ganevat and Houillon/Overnoy have been nutso pricing for about a decade now. I think 2010 was my last Ganevat purchase, but your threshold for price inflation outrage might be higher than my own.

Mark Lipton
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Ganevat has always been in the $50-100 range and the extended aged Mon Pere in the $150-200 but $999!

And the one off auction bottle of Overnoy $300-500 but that is not the real market. Jonathan I am guessing you did not sell all of yours for $500 per but who knows.

And the des Miroirs at over $1000! Interest wines for sure.
 
It's also pandemic boredom. A lot of wine auctions are hitting record prices because a lot of people are stuck indoors with their money and have nothing else to do.
 
originally posted by Robert Dentice:
originally posted by MLipton:
Ganevat and Houillon/Overnoy have been nutso pricing for about a decade now. I think 2010 was my last Ganevat purchase, but your threshold for price inflation outrage might be higher than my own.

Mark Lipton
Click to expand...

Ganevat has always been in the $50-100 range and the extended aged Mon Pere in the $150-200 but $999!

And the one off auction bottle of Overnoy $300-500 but that is not the real market. Jonathan I am guessing you did not sell all of yours for $500 per but who knows.

And the des Miroirs at over $1000! Interest wines for sure.
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Not at $500, but at $400. Winesearcher shows ca $300 for bottles still at auction, but much higher figures for firm prices.
 
When KLWM took over importing Ganevat (must have been 08i or 09?) the prices up and down the range literally doubled in a single vintage. It’s been up up and away ever since.
 
Chambers St. recently sold off 6 bottles of Houillon from a private (disorderly?) collection in the $400-500 range.

The Houillon 2007 Arbois Pupillin Poulsard was $474.99.

From the archives, the original offer from Chambers St circa December 2008:

Houillon 2007 Arbois Pupillin Poulsard
Emmanuel Houillon took over the Pierre Overnoy estate in 2001 and continues the natural viticulture and low-sulphur winemaking of Overnoy and his friend, Jules Chauvet. A light and delicate red, with lovely, subtle fruit - decant and serve cool...
red | 23 in stock | Natural | $31.99
 
Those prices are insane. I don't see how Normal Humans wouldn't be disappointed after spending that money.

I was never an Overnoy Obsessive, so maybe I never studied them closely enough. But they struck me as very nice gentle delicate and intriguing natural wines. Nowhere near the depth or layers to make me want to spend anywhere near $100, let alone $500. $32 sounds about right, maybe slightly higher to account for 2021 inflation!

But tell me I'm missing something...
 
originally posted by Rahsaan:
Those prices are insane. I don't see how Normal Humans wouldn't be disappointed after spending that money..
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Well, that’s how I feel about Truchot now. And I like Truchot!
 
I recently opened 2016 and 2017 Houillon Bruyère reds (I lucked onto a small annual allocation at winery prices) and they were so flawed that next year I may pass.
 
I recall a rather amusing day a few years ago when we suddenly decided that Bordeaux has become affordable. Relatively, that is. Talk about Disorder.
 
AS with art, wine prices are determined by economic value, not oenological value. I assume that Overnoy wines have become rare and that there are sufficient people with the disposable income to pay for those bottles. The world is full of wines you could once buy for under $30 that now cost ten times that and more. Some of those wines have accepted names like Jaboulet Hermitage or Pichon Lalande. Some were originally thought of as humble wines, like Trollat. One of the wines in your cellar you bought a couple of years ago for $25 will surely turn into another example in the fullness of time. You just can't tell now merely because of how much you like it.
 
Yes, but we all know wines where we're amazed and grateful that we get to drink them for modest prices given their potential. I don't think Overnoy was ever one of those wines! But I'll admit to a modest exposure.
 
originally posted by Rahsaan:
Yes, but we all know wines where we're amazed and grateful that we get to drink them for modest prices given their potential. I don't think Overnoy was ever one of those wines! But I'll admit to a modest exposure.
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I am happy to have had a fair share of Overnoy, even the notorious 90 (once, from a clean bottle, evidently). I have a vague memory of sharing an 07 with you when you were still in DC. Since Gail determined a couple of years later that she doesn't like Poulsard, I'm also grateful to be able to sell it at these prices.
 
originally posted by Jonathan Loesberg:
I have a vague memory of sharing an 07 with you when you were still in DC.
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Yes, I remember that! It was a nice time and a nice wine, whatever the price.
 
originally posted by Rahsaan:
Yes, but we all know wines where we're amazed and grateful that we get to drink them for modest prices given their potential. I don't think Overnoy was ever one of those wines! But I'll admit to a modest exposure.
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Some Overnoy/Houillon wines can be beautiful and even emotional. Not for everyone, sure. But for a few, before they became unicorns. 2007 Poulsard is one of my all-time memorable wines.
 
originally posted by Jim Hanlon:
originally posted by Rahsaan:
Yes, but we all know wines where we're amazed and grateful that we get to drink them for modest prices given their potential. I don't think Overnoy was ever one of those wines! But I'll admit to a modest exposure.
Click to expand...

Some Overnoy/Houillon wines can be beautiful and even emotional. Not for everyone, sure. But for a few, before they became unicorns. 2007 Poulsard is one of my all-time memorable wines.
Click to expand...

I it is quite distinctive in the way it is both light and intense.
 
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