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IWM e-Letter: March 10,
2006
2003 Sassicaia Futures |
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| In
this Issue:
•
A Note from Sergio
• Sassicaia: The Super Tuscan Pioneer
• Guidalberto: Sassicaia's Cousin
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and
more:
•
Le Difese: Third Wine of Sassicaia
• Six-Pack Sampler: Icons
of the Movement
• Vintage Babbo with IWM
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A
Note from Sergio
In the summer
of 2003, Italy was gripped with an intense heat
wave. I had been driving around the country,
from Friuli to Basilicata, tasting wines, and
everywhere I went, stressed-out producers were
hurriedly harvesting their crops weeks—sometimes
even a month—before they usually did.
I remember sitting at a table at Tenuta San
Guido, the estate that produces Sassicaia. Tractors
kept passing by, setting down cartons of fruit
around which masses of bees were hungrily swarming.
I tried a few grapes—they were fat, juicy,
and sugary sweet.
It takes an accomplished winemaker
to make a well-balanced wine in a year like
that. I've returned to Italy many times to taste
wines from the 2003 vintage and have found that,
predictably, many producers, worried that their
grapes might burst when over-ripe, harvested
too early. Their miscalculation resulted in
batches of tart, syrupy wines full of underdeveloped
tannins. But the wines of Tenuto San Guido are
different. When I arrived at the estate this
January for my final tasting, owner Nicolo Incisa
della Rocchetta had bottles of Sassicaia from
1999 to 2003 waiting for me. Drinking them reaffirmed
my belief that from an investor's standpoint,
Sassicaia is the best valued collectible wine
Italy has to offer.
Simply put: it's consistently
excellent and undeniably distinct; it ages beautifully;
and it appreciates quickly and at a high rate.
Even in the 2003 vintage, Sassicaia was well-balanced
and wonderfully-structured. And though it was
dark, it had the same personality as the light
2002. The same went for the 1999, the 2000,
and the 2001: with the exception of some vintage
influence, the wine doesn't change. Its character
is distinct and indescribable, completely different
not only from every other Super Tuscan but also
from every wine in the world. I've tasted it
in nearly every vintage made in the last 38
years and can attest to the fact that it ages
endlessly and drinks beautifully forever. And
you can buy it at a relatively reasonable price
and often see it quadruple in value within a
decade. Of course, Sassicaia has its detractors,
those who insist that its quality is fading.
In my experience I've found that most of those
naysayers are newcomers to the industry. They've
read decades' worth of articles touting Sassicaia's
quality and value and then they've sat down
and tasted a single bottle from 1998. Upon finding
a wine that in no way resembles bold, modern
drinks, they've decided that while the wine
may have once been good, it's officially fallen
from grace. "But have you ever had a Sassicaia
from the '60s or 70's?" I ask them. And
without fail, they haven't. Sassicaia's critics,
most of whom came of age in a culture that awards
high scores to big, soft wines, usually have
a warped frame of reference. In fact, the quality
of Sassicaia has never faltered. But it's reserved;
it needs time—it never shows right out
of the bottle. And to be truly appreciated,
it must be enjoyed with food.
Today I've put together a range
of vintages, as well as some of Tenuto San Guido's
other masterpieces. The bottles of Sassicaia
listed below are, in my opinion, one of the
smartest investments a collector can make.
My best,
Sergio Esposito
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Sassicaia: The
Super Tuscan Pioneer
Before the 1960s, nobody had
ever considered crafting a Bordeaux-style wine
from vines grown in Italy, much less from fruit
grown along the Mediterranean coastline of Toscana’s
Maremma zone—an area widely considered
unfit for quality wine production. The theory
back then was that vines exposed to the sea
winds and salty air of Bolgheri would provide
poor grapes. More importantly, the viticultural
regulations set forth by the DOC and DOCG limited
creativity, expression, and the qualitative
potential of the terroir. However, the drive
and foresight of Mario Incisa della Rocchetta
changed all that and made enological history
with the creation of Sassicaia.
Like most Italian aristocrats,
Mario had been exposed to the famed wines of
France. Upon settling with his wife in Bolgheri
at his Tenuta San Guido estate, he noticed that
the soil on his property was similar to that
of the Graves appellation in Bordeaux—rocky,
as the name Graves, or "gravel" in
French, suggests. In 1944, with the help of
traveling consultant Tancredi Biondi Santi,
he planted cuttings of Cabernet Sauvignon from
Bordeaux's Château Lafite and thus began
to make the wine that he later dubbed Sassicaia,
or "stony ground" in the Tuscan dialect.
In 1968, after a quarter century
of experimentation and enological assistance
from Piero Antinori's winemaker, Giacomo Tachis
(Solaia & Tignanello), Tenuta San Guido
released to the open market the first vintage
of Sassicaia, and critics and consumers around
the world immediately extolled Mario’s
invention. Today, Sassicaia—a now legendary
wine single-handedly responsible for launching
the Super Tuscan movement—may be the most
coveted Cabernet Sauvignon-Cabernet Franc blend
ever produced. The regard for this wine is so
high that in 1994 it was knighted its own DOC
status by the classification system that shunned
its initial efforts—this is a first for
Italian wine.
Sassicaia
Sassicaia is a masterful cuvée of the
best Cabernet Sauvignon and Cabernet Franc grapes
from the vineyards of Castiglioncello, Doccino,
Quercione, San Martino, Mandrioli, Sassicaia,
and Aianova, all of which are situated on hilly
slopes in a subzone of Bolgheri. When blended,
the fruit from these carefully selected and
meticulously cared-for sites creates an elegant
and beautifully balanced wine.
Tenuta
San Guido 2003 Sassicaia $127.45*
Tenuta San Guido 2003 Sassicaia $71.61 (375ml)*
Tenuta San Guido 2003 Sassicaia $273.00 (1.5L)*
Tenuta San Guido 2003 Sassicaia $675.00 (3.0L)*
Tenuta San Guido 2003 Sassicaia $1,550.00 (6.0L)*^
Tenuta San Guido 2002 Sassicaia $69.95 (375ml)
Tenuta San Guido 2002 Sassicaia $137.00
Tenuta San Guido 2002 Sassicaia $295.26 (1.5L)
Tenuta San Guido 2001 Sassicaia $375.00 (1.5L)
Tenuta San Guido 2001 Sassicaia $149.99*
Tenuta San Guido 1999 Sassicaia $179.00*
Tenuta San Guido 1997 Sassicaia $169.97 (375ml)*
Tenuta San Guido 1997 Sassicaia $338.37*^
Tenuta San Guido 1990 Sassicaia $449.00*
Tenuta San Guido 1989 Sassicaia $295.00*
Tenuta San Guido 1985 Sassicaia $1,295.00*
Tenuta San Guido 1982 Sassicaia $549.00
*These wines are sold as future arrivals
^Limited availability
Click
for more recent offers from IWM
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Guidalberto:
Sassicaia's Cousin
The 2000 vintage was the first
release of a new wine created by the mastermind
of Sassicaia, Nicolò Incisa della Rocchetta,
and his stepson, Sebastiano Rosa, former manager
at Argiano who collaborated in the creation
of the Super Tuscan Solengo. Named for Guidalberto
della Gherardesca, a maternal ancestor of Nicolò's
who cultivated vines in Bolgheri in the 19th
century, the wine is based on a different idea
than Sassicaia (as detailed below), though undoubtedly
shaped by the same soil and climate. One interesting
note about Gherardesca is his historic planting
of the famous Cypress alley leading to Bolgheri—a
national landmark that symbolizes Bolgheri's
Super Tuscan movement.
Guidalberto
The grapes for the Guidalberto are grown on
lands adjacent to the Sassicaia vineyards in
a site owned by Conti Zileri, cousin to the
Incisa della Rocchetta family. Vinification
takes place separately for each of the three
varieties: Cabernet Sauvignon (45%), Merlot
(45%), and Sangiovese (10%). Oak aging occurs
over twelve months in 225-liter French and American
oak barrels. As in Sassicaia, the signature
bouquet of the estate is easily detected. The
wine displays similar finesse on the front of
the palate and culminates in a rich, lasting
finish.
Tenuta
San Guido 2003 Guidalberto $69.00
Tenuta San Guido 2003 Guidalberto $148.00 (1.5L)
Click
to shop the IWM store
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Le Difese: Third
Wine of Sassicaia
The legend continues... First
Sassicaia, then Guidalberto, and now Le Difese.
The label bears a wild boar and the name difese
indicates "defenses." When asked to
describe the meaning of the label, the Marchese
answers, “The defenses are the teeth of
the boar and the boar, when he is attacked,
counter-attacks with his teeth, his 'defenses,'
to be exact.” Such an explanation leaves
itself open to interpretation, but here’s
what we can tell you for sure: this wine represents
a departure from international varietals with
a focus on the noble Sangiovese as its base,
accompanied by a 10% dosage of Cabernet Sauvignon.
While the Guidalberto grabbed the headlines
back in 2000, this cousin of the mythical Sassicaia
was quietly released with the 2001 vintage in
2003. Only 500 cases were distributed to local
wine bars near the Bolgheri estate for barely
six euros a bottle. IWM was the first to bring
this wine to American soil, and it remains virtually
unavailable elsewhere in this country.
Le
Difese
As for Sassicaia and Guidalberto, the climate,
influenced by the proximity of the sea and the
hills surrounding the vineyards, which protect
them from the winds, has a very strong influence
on the correct and healthy maturation of the
grapes for Le Difese. While predominantly Sangiovese,
unlike the other two wines, this wine retains
the signature house aromas that not only indicate
the estate but also brand it as a distinctly
Tuscan wine.
Tenuta
San Guido 2003 Le Difese $29.50
Click
Toscana's other collectible wine
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Six-Pack
Sampler: Icons of the Movement
The Tuscan hills are known
for their great beauty and wines. Here, noble
Sangiovese displays her brilliance and numerous
personalities through the various strains that
have adapted to individual vineyards and microclimates.
When blended with complementary grapes she is
capable of framing superb wines which seem more
familiar to non-Italian wine drinkers. Conquering
armies such as Napoleon's are responsible for
bringing international varietals to Italy, but
it wasn't until 1944 that their presence set
the stage for Toscana's wine renaissance. That
is when Italy's first relevant traveling consultant,
Tancredi Biondi Santi, helped Mario Incisa della
Rocchetta plant Cabernet Sauvignon at his Tenuta
San Guido estate a few miles from the coast.
In 1968, Mario's cuvée
of Cabernet Sauvignon and Cabernet Franc was
named Sassicaia and changed the course of Italian
wine. While tradition is Italy's strength, it's
important to recognize that it has always welcomed
change, and Italians' taste preferences have
always evolved. After all, Nebbiolo of Barolo
was used primarily to create a sweeter wine
until it was altered by Louis Oudart in the
1840s, and the preferred wine of Montalcino
during the 16th century was the dry Vermiglio,
which later lost favor to the sweet Moscadelletto.
The efforts of Tancredi and Mario, though pioneering,
were also a part of the constant evolution of
Italian wine that is necessary but which suffers
abuse at the hands of less scrupulous winemakers.
Building on the success of the pioneering "Super"
vini da tavola, Bolgheri and the rest of Toscana
experienced a proliferation of international
varietals. Even those who respect and uphold
tradition opened the door to change when wines
like Tignanello in 1971, Solaia in 1978, Grattamacco
Rosso in 1982, Sammarco in 1980, Ornellaia in
1985, Guado al Tasso in 1990, and Vigna d'Alceo
in 1996 charted the course for Toscana's success.
The Super Tuscans featured here are among the
best Italy has to offer and are mandatory staples
for any enthusiast's cellar.
Antinori
2001 Solaia $164.91
Tenuta
dell'Ornellaia 2002 Ornellaia $127.45
(Gaja)
Ca’ Marcanda 2001 Camarcanda $112.00
Tenuta
San Guido 2002 Sassicaia $137.00
Tenuta San Guido 2003 Guidalberto $69.00
Montevertine
2001 Le Pergole Torte $79.95
IWM Super Tuscan Six
Pack (6): $690.31*
*Free delivery in Manhattan
**These wines are sold as future arrivals
Click for more six packs
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Vintage Babbo
with IWM
Giacomo Conterno Vertical
with Special Guest,
Proprietor Roberto Conterno
Monday, March 20, 2006
Vintage Babbo wine dinners with
IWM continues with a truly special event featuring
one of Barolo's greats. In the hills of Monforte,
another Conterno (this one named Roberto) is
anxious to be with us in New York City for an
evening that features the legendary Barolos
of the Giacomo Conterno estate; Cascina Francia
and Montfortino. Once again we'll "go deep"
in great vintages to showcase one of Italy's
(and the world's) longest-maturing red wines.
Roberto will be on hand to answer questions
and share a glass or two with us.
HOW TO RESERVE
Contact Iman Dean at 917.715.3599 and specify
which tasting you would like to attend. If you
have questions, contact David Lynch at 212-614-8495
x110.
Click
for more on Vintage Babbo with IWM
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