Louis Roederer Cristal 2004 Champagne sold for a record 1,190 pounds ($1,850) a case on London’s Liv-ex wine exchange today, up 4 percent from the end of last year, Liv-ex data showed.
The vintage touched a low of 1,038 pounds a case on Liv-ex in February 2011, and sold for close to that level as recently as August, according to data on Liv-ex’s Cellar Watch website.
Cristal, whose 2004 vintage is a blend of 55 percent Pinot Noir and 45 percent Chardonnay grapes from Roederer’s top vineyards, spends an average of five years in cellars and rests for eight months after disgorgement of the bottles, according to Champagne Louis Roederer SA’s website.
The Louis Roederer Group’s interests extend beyond Champagne to independently managed wineries such as Roederer Estate and Scharffenberger in California, Maison Delas in the Rhone valley, Ramos Pinto in Portugal’s Douro and Bordeaux vineyards including Chateau Pichon Longueville Comtesse de Lalande.
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