Is the 40 Year Old category dead?
Posted: Tue Oct 29, 2024 3:33 pm
Not to pick on them, but Quinta do Noval has just announced their new 50 Year Old Tawny Port.
Announcement here.
My concern is the price. Berry Brothers in London has it for £320.
If you can sell a 50 for that much, why on earth would you bother to bottle a 40? There are probably quite a few common component wines between the two, but you can sell a 50 for roughly double the price of a 40.
Back when the categories were 10-20-30-40, the price increases between categories were reasonably even. Some producers chose not to make a 30, and some others chose not to make a 40. But if you had the stocks to do so, most producers made both. There was demand, there was supply, and they didn't really compete with each other.
But the 50 seems to be different. Not only is there a huge leap in price, but it seems like a lot of producers must be using many of the same wines just with a slightly higher age mix. In a lot of cases you can taste it.
So is the 40 dead? Is everyone going to (slowly start to) follow DR and stop making 40s in favor of 10-20-30-50?
Announcement here.
My concern is the price. Berry Brothers in London has it for £320.
If you can sell a 50 for that much, why on earth would you bother to bottle a 40? There are probably quite a few common component wines between the two, but you can sell a 50 for roughly double the price of a 40.
Back when the categories were 10-20-30-40, the price increases between categories were reasonably even. Some producers chose not to make a 30, and some others chose not to make a 40. But if you had the stocks to do so, most producers made both. There was demand, there was supply, and they didn't really compete with each other.
But the 50 seems to be different. Not only is there a huge leap in price, but it seems like a lot of producers must be using many of the same wines just with a slightly higher age mix. In a lot of cases you can taste it.
So is the 40 dead? Is everyone going to (slowly start to) follow DR and stop making 40s in favor of 10-20-30-50?