A couple of days ago I read an article that supports my last post. The article stated that during the September stock market meltdown an auction was held in Chicago where two wealthy men got into in a bidding war and paid a record price for single case of 1982 Chateau Lafite Rothschild. The final bid was $54,970–a phenomenal $4,580.83 a bottle! At its release in 1984, a single bottle would have sold for roughly $100.

At the same auction a case of 1990 Romanee-Conti Domaine de la Romanee-Conti that at release was priced at about $500 a bottle, sold for $179,250 or $14,937.50 each. A case of 2000 Chateau Petrus sold for $57,360 or $4,780 a bottle. At its release in 2002, the Petrus was priced $750 a bottle.

The article stated that such price appreciation is not the norm, but represents how investing in fine wine can be lucrative, given the stock market volatility that has decimated investment portfolios for the last year.

As an investor in wine, your objectives might be different from an investor in securities or real estate, but your personal satisfaction should be greater and could provide better returns. In September 2004 a bottle of 1990 Chateau Lafite Rothschild sold for an average market price of $392. Today that same bottle costs you about $700, that’s a 78.5% return on investment. If the same $392 were invested in the S&P 500 you would have a 14.4% return as of September 30, 2008.

Francois Chidaine has strong feelings about viticulture and works his vines based on an old world standard. He does not want any mention of organic viticulture on his bottles, although he is certified organic.

This wine is rich and long with enough structure to balance the residual sugar in this styled Vouvray. It’s deep gold in color with a greenish tinge. This delicious, lightly demi-sec Vouvray grows  more complex after about an hour.  This wine has notes of fig, tart pear, tangerine and apples with touch of allspice that concludes with a ruby grapefruit finish. It’s young and simply awesome!  In 3-5 years I’ll come back to this wine to experience it’s true enjoyment, because this is a wine that will last 20+ years.  In the Vouvray class I would rate this wine a solid AA. 

Rose on a hot summer day! It’s Labor Day weekend and I’m sitting outside tending to a smoker full of ribs and beef brisket on a beautiful end of summer day sipping a very nice 2007 Jana Rose. This wine is a very nice expression of a California Rose with fresh strawberries on the nose and dry that won’t cause your face to contort. The finish nice, somewhat short, but I’m not looking for a long finish, I looking for fun and this wine delivers.  If you try this wine, allow it to get a little warm in the glass and the strawberry flavor will burst out. It’s clearly a different style of Rose from what you’ll find in France, but its style will appeal to American palates.  This wine should be viewed as BBB+. You won’t find this wine online at Poemard Cellars, but it should be priced in the $15-18 range.

I’m nine years old and am on summer break. A couple of days ago I was in the mood to bake so I made some really good cupcakes. They were Duncan Hines yellow cupcake mix (the smaller box that makes only 12 regular size cupcakes).  This is how I made them. I got a plastic mixing bowl. I put the cake mix in it. Then I cracked two large eggs and put them into the bowl. Next I added 1/4 cup of water and three tablespoons of canola oil. Then I used the mixer to mix it. Once I was done mixing carefully, I oiled and lightly floured each star-shaped foil tin. After that I filled each tin about 3/4 of the way full.  I also got a cookie sheet and put each tin on the tray and baked the cupcakes at 350 degrees for about 15 minutes. Once they were done baking I took them out of the oven and let them cool for 25 minutes. Then I iced them with Funfetti chocolate fudge icing and put the sprinkles that came with it on top. Lastly, I ate them!!!

In the early stages, this wine displays ripe dark fruit with sweet vanilla on the nose. After about an hour the wine has aromas of blackberry and ripe dark plum. The ripe fruit flavors carry through the structured mid palate and stand out again in the bright, ripe finish that is complemented by toasty oak and cocoa powder which pleasantly linger. The wine has a big structure, but the tannins are soft and friendly. The finish holds on to the ripe berry flavors with hints of tasty oak on the finish. This wine is solid A+, and should drink well for the next 10 years.

Poemard’s Palate is the companion site to Poemard Cellars for wine and wine accessories. 

Poemard’s Palate goal is to feature suggestions for food and wine pairings. You might be asking yourself, what is Poemard and why should I trust his tastes. I’m the founder of Poemard’s Palate and have been a wine lover for as long as I’ve been legally allowed to drink, and maybe a little longer than that! Every chance I get I increase my wine knowledge through tastings, lectures, reading and talking to other wine lovers. While your tastes might be different than mine, I do hope you enjoy my suggestions.