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IWM e-Letter: September 15, 2005
Massive Vintage Collection |
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| In
this Issue:
•
A Note from Sergio
• Barolo
• Barbaresco
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and
more:
•
Brunello di Montalcino
• Super Tuscans & Other
• IWM in Miami
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A
Note from Sergio
To grasp the
complex nature of a mature wine is the highest
reward granted to a committed wine drinker.
It is incomparable to any other. Mature wines
inspired men like Hemingway and Franklin, not
two-year-old Merlots. But they are not for everyone;
nor should they be. To understand them one must
patiently develop familiarity and thereby a
reference point, which justifiably is too time-consuming
and expensive for most. In my experience, only
a few enthusiasts can and do appreciate them.
Wine writers, who so skillfully carve the future
of our new wine culture, mostly ignore older
wines making only slight references when it’s
convenient. After all, they’re not just
the latest fad. But for lovers of historic wine
culture experiencing them is the reason we do
what we do!
Adding to consumer’s
frustration is the high probability that the
bottle you receive is not sound. The vintage
business is mostly a crap shoot, with most involved
selling knowingly bad wines with the “caveat
emptor” adage making it acceptable. If
disappointed a buyer’s only recourse is
to send the rest to auction, thus starting the
cycle all over again. This is never acceptable.
Buyers likewise are attracted to the thrill
of discovery, hoping to find mind-boggling fifty-year-old
wines for $60.00; almost always they end up
paying too much. You’ll hear them say,
“I want to drink great old wines but I
don’t want to pay a lot for them.”
I always reply, “I’d like to own
a Ferrari and not pay a lot.” Consider
that properly storing a bottle at a cost of
42 cents per month for 30 years is about $150.00
Should great old wines cost any less than that?
On the list I offer today there
are no surprises, no knowingly bad wines and,
if you’re an old wine drinker, no disappointments.
Each wine is priced according to its quality
with special consideration to wines of high
demand and reputation.
Why do mature Italian wines
taste better in Italy? Aside from the influence
of ambiance and less disturbance due to travel,
the answer is clear: while the wines of Italy
lay in the shadows, collectors in the U.S. pampered
their big name Bordeaux wines, tucking them
away in climate-controlled cellars where they
would sleep peacefully until reaching maturity.
The gems springing from Italian soil, however,
were often mistreated and heat-damaged (even
by most importers). Only a handful of connoisseurs
treated them with the respect they deserved.
For this reason all of the older wines I offer
are direct from cellars in Europe where culture
(which in this case is really common sense)
has dictated for many years that those wines
be placed in cool conditions no different than
for cured meat or cheese.
With awareness of Italy’s
great wines spreading daily – not to mention
the cost of proper cellaring – you can
be sure that prices will continue to appreciate.
For new collectors the best advice I can give
is to explore older wines whenever possible,
become familiar, and lay down newer vintages
for future enjoyment and a great return on your
investment. This is the only real way to have
a mind-boggling wine for $60.00
Please note that many of the
wines featured today are available in very limited
quantities. To learn more about the vintage
wines below or to discover recent releases for
cellaring, call an IWM Portfolio
Manager at 212.473.2323.
My best,
Sergio
Tell
a Friend about IWM!
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Barolo
The masculine, full-bodied Barolo
should display elegance, depth, and a wealth
of tastes and aromas that only Nebbiolo can
deliver. The prized vineyards of Barolo sit
in the Langhe Hills of Piemonte, just southwest
of the town of Alba. This thin-skinned grape,
much like the noble Pinot Noir, is difficult
to grow due to climatic conditions. In fact,
Nebbiolo is named for the autumn fog that descends
over the hills during the harvest. However,
with the cooperation of Mother Nature and the
artisanship of its winemakers, it produces a
uniquely perfumed and powerful red.
1990 Bartolo
Mascarello $690.00 (1.5L)
1990 Prunotto
$219.00
1990 Scavino
‘Bric del Fiasc’ $299.00
1990 Giuseppe Mascarello ‘Bricco’
$220.00
'90 A
Conterno ‘Bussia Soprana’ $399.00
(1.5L)
'90 A
Conterno ‘Bussia Soprana’ $995.00
(3.0L)
1990 Scavino
‘Cannubi’ $279.00
1990 Sandrone
‘Cannubi Boschis’ $425.00
1990 Aldo
Conterno ‘Cicala’ $299.00
1990 Aldo
Conterno ‘Cicala’ $689.00 (1.5L)
1990 Aldo
Conterno ‘Colonnello’ $247.00
1990 Aldo
Conterno ‘Granbussia’ $359.00
1990 Monchiero Riserva ‘Le Rocche’
$98.00
1990 Domenico
Clerico ‘Pajana’ $210.00
1990 Vietti
‘Rocche’ $195.00
1990 Gaja
‘Sperss’ $295.00
1990 Gaja
‘Sperss’ $600.00 (1.5L)
1989 Bartolo
Mascarello $690.00 (1.5L)
1989 Rocche
dei Manzoni Ris ‘Big’ $198.00
1989 Scavino
‘Bric del Fiasc’ $489.00 (1.5L)
1989 Scavino
‘Bric del Fiasc’ $279.00
1989 Ceretto
‘Bricco Rocche Brunate’ $210.00
'89 A
Conterno ‘Bussia Soprana’ $895.00
(3.0L)
'89 A
Conterno ‘Bussia Soprana’ $425.00
(1.5L)
1989 Aldo
Conterno ‘Bussia Soprana’ $199.00
1989 Sandrone
‘Cannubi Boschis’ $380.00
1989 Marengo Marenda ‘Cerequio’
$119.00
1989 Aldo
Conterno ‘Cicala’ $247.00
1989 Aldo
Conterno ‘Colonnello’ $247.00
1989 Aldo
Conterno ‘Granbussia’ $425.00
1989 Seghesio ‘La Villa’ $189.00
1989 Pio
Cesare ‘Ornato’ $219.00
1989 Vietti
Riserva ‘Villero’ $220.00
1988 Bartolo
Mascarello $546.77 (1.5L)
1988 Aldo
Conterno ‘Bussia Soprana’ $179.00
1988 Sandrone
‘Cannubi Boschis’ $270.00
1988 G.
Conterno ‘Cascina Francia’ $189.00
1988 Aldo
Conterno ‘Colonnello’ $195.00
1987 Bruno
Giacosa ‘Villero’ $169.00
1986 Bartolo
Mascarello $690.00 (1.5L)
1986 Prunotto
‘Cannubi’ $199.00
1985 Seghesio $219.00
1985 Scavino
‘Bric del Fiasc’ $253.90
1985 Ceretto
‘Bricco Rocche’ $219.00
1985 Prunotto
‘Bussia di Monfortino’ $219.00
1985 Prunotto
‘Cannubi Monforte’ $224.00
1985 Aldo
Conterno ‘Cicala’ $550.00 (1.5L)
1985 Bruno
Giacosa ‘Collina Rionda’ $240.00
1985 Giacomo
Conterno ‘Monfortino’ $395.00
1985 Monchiero ‘Montanello’ $89.00
1985 Scavino
Riserva $395.00 (1.5L)
1985 Aldo
Conterno ‘Vigna Romirasco’ $395.00
1983 Bartolo
Mascarello $375.00 (1.5L)
1982 Aldo
Conterno ‘Granbussia’ $859.00
(1.5L)
1982 Monchiero ‘Montanello’ $89.00
1979 Rocche
dei Manzoni Ris $175.00
1978 Vietti
‘Rocche’ $265.00
1978 Ceretto
‘Bricco Rocche Brunate’ $189.00
1967 Prunotto
Riserva ‘Bussia’ $120.00
1964 Borgogno $104.95
1964 Contratto $149.00
1964 Fontanafredda $225.00
1964 Prunotto
‘Bussia’ $189.00
1952 G.
Conterno Ris ‘Monfortino’ $460.00
Click
for more Barolo!
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Barbaresco
It is the third most collected
wine of Italy and is commonly referred to as
Barolo’s younger sibling: where Barolo
is king, Barbaresco is queen. The tiny Barbaresco
DOCG sits just ten miles northeast of Barolo
and once again the Nebbiolo is capable of displaying
her nobility in the Langhe hills. The small
DOCG is broken up into three subzones around
the villages of Barbaresco, Neive, and Treiso,
and as in Barolo the practice of single-vineyard
bottling is the calling card of these collectible
gems. Barbaresco tends to be slightly finer,
less tannic, and more elegant and approachable
than Barolo for a variety of reasons, including
a cooler climate, a lower alcohol level requirement,
a shorter ripening period, and less stringent
aging requirements.
1990 Gaja
$310.00
1990 Pio
Cesare $210.00
'90 Produttori del Barbaresco Ris ‘Asili’
$179.00
1990 Ceretto
‘Faset Bricco Asili’ $229.00
1990 Bruno
Giacosa ‘Gallina’ $240.00
1990 Marchesi di Gresy ‘Martinenga’
$198.00
1990 Prunotto
‘Montestefano’ $219.00
'90 Prod. del Barbaresco ‘Montestefano’
$179.00
1990 Cigliuti ‘Serraboela’ $169.00
1990 Gaja
‘Sorì San Lorenzo’ $459.00
1990 Gaja
‘Sorì Tildin’ $460.00
1989 Vietti
‘Masseria’ $195.00
'89 Prod. del Barbaresco ‘Montestefano’
$179.00
1989 Pasquero ‘Sorì Paitin’
$185.00
1989 Gaja
‘Sorì San Lorenzo’ $1,095.00
(1.5L)
1989 Gaja
‘Sorì Tildin’ $1,095.00 (1.5L)
1989 Gaja
‘Costa Russi’ $389.98
1988 Gaja
$495.00 (1.5L)
1988 Giuseppe Mascarello ‘Marcarini’
$185.00
1988 Vietti
‘Masseria’ $175.00
1988 Dante Rivetti ‘Nevis’ $145.54
1988 Gaja
‘Sorì Tildin’ $339.50
1987 Bruno
Giacosa ‘Gallina’ $169.00
1986 Prunotto
‘Montestefano’ $159.00
1985 Gaja
$296.00
1985 Oddero $169.00
1985 Ceretto
‘Faset’ $149.50
1985 Vietti
‘Masseria’ $260.00
1985 Gaja
‘Sorì San Lorenzo’ $398.00
1983 Bruno
Giacosa ‘Gallina’ $179.00
1983 Bruno
Giacosa ‘Santo Stefano’ $198.00
1982 Gaja
$296.00
1982 Pasquero ‘Sorì Paitin’
$225.00
1982 Gaja
‘Costa Russi’ $831.00 (1.5L)
1961 Gaja
$475.00
1955 Marchesi di Barolo $425.00
Click
for more Barbaresco!
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Super
Tuscans & Other
Beyond the borders of Montalcino
and far from the Langhe, winemakers throughout
Italy create wines of every style, from traditional
elixirs and indigenous varietals to bold “international”
types. The most recognizable are probably Bolgheri’s
Super Tuscans, wines like Sassicaia, Solaia,
and Sammarco, which seamlessly marry immigrant
grapes with the local terroir. The great dried
grape wine of the Veneto, Amarone della Valpolicella,
also finds its way into top cellars worldwide.
Others do not enjoy the same fame, such as top
Chianti bottlings, which are sometimes wrongly
grouped with their insipid neighbors that abuse
the name. Finally, some are so unique that they
defy categorization, like Antonio Ferrari’s
magical Solaria Jonica.
Super
Tuscans:
1990 Antinori
Tignanello $210.00
1990 Antinori
Tignanello $394.00 (1.5L)
1990 Felsina
Fontalloro $150.00
'90 Tenuta
dell’Ornellaia Ornellaia $649.00 (1.5L)
1990 Tenuta
dell’Ornellaia Ornellaia $325.00
1990 Tenuta
San Guido Sassicaia $449.00
1990 Antinori
Solaia $389.00
1990 Castello
dei Rampolla Sammarco $189.00
1990 Banfi
SummuS $210.00
1990 Isole e Olena Cepparello $179.00
1990 Terrabianca Campaccio $115.00
1990 Vitticio Monile $110.00
1990 Altesino
Palazzo Altesi $110.00
1990 S Giusto a Rentennano Percarlo $259.00
1990 Altesino
Alte d’Altesi $110.00
1989 Tenuta
San Guido Sassicaia $295.00
1988 Antinori
Tignanello $189.00
1988 Tenuta
dell’Ornellaia Ornellaia $245.00
1988 Tenuta
San Guido Sassicaia $365.00
1988 Antinori
Solaia $269.00
1988 Avignonesi
Grifi $180.00
1988 Altesino
Alte d’Altesi $105.00
1988 Antinori
Tignanello $749.95 (3.0L)
'87 Tenuta
dell’Ornellaia Ornellaia $322.00 (1.5L)
'86 Tenuta
dell’Ornellaia Ornellaia $390.00 (1.5L)
1985 Antinori
Tignanello $239.00
1985 Antinori
Tignanello $449.00 (1.5L)
'85 Tenuta
dell’Ornellaia Ornellaia $899.00 (1.5L)
'85 Tenuta
S Guido Sassicaia $3,346.00 (1.5L)
1985 Tenuta
San Guido Sassicaia $1,295.00
1985 Villa Cafaggio San Martino $155.00
1982 Antinori
Tignanello $195.00
1982 Castello
dei Rampolla Sammarco $229.00
Chianti:
1990 Monsanto Classico Ris ‘Il Poggio’
$180.00
1990 Palazzino Class. ‘Grosso Sanese’
$175.00
1988 Monsanto Class. Ris ‘Il Poggio’
$140.00
1988 Villa Cafaggio Solatio Basilica $115.00
1985 Monsanto Class. Ris ‘Il Poggio’
$195.00
1985 Castell’in
Villa Classico Riserva $195.00
1985 Castello di Ama ‘Bellavista’
$159.00
1982 Monsanto Class. Ris ‘Il Poggio’
$195.00
1971 Castell’in
Villa Riserva $89.25
Other:
1990 Quintarelli
Amarone Riserva $468.67
1990 Quintarelli
Bandito $199.95 (375ml)
1990 Quintarelli
Bandito $378.12
1990 Quintarelli
Recioto Riserva $435.02
1990 Maculan Fratta Cabernet $70.00
1959 Ferrari
Solaria Jonica $139.95 (500ml)
Click
for more Super Tuscans!
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IWM in Miami
Miami International
Wine Fair
Featuring Sergio Esposito
James L.
Knight International Center
Saturday, October 1, 2005
2:00-7:00pm
Florida’s largest wine
trade show will return for its fourth annual
edition to the James L. Knight Center in Downtown
Miami during the first weekend of October. This
comprehensive program of sit-down tastings,
wine dinners, and a Grand Tasting attracted
over 4,000 visitors last year and included nearly
400 wineries from 19 countries. IWM’s
own Sergio Esposito will present a Revival of
Classical Italian Wines tasting (Oct. 1, 5-6pm),
which will include wines from Bea, Mascarello,
and Quintarelli as well as the obscure sweet
wine from 1959, Solaria Jonica. Be sure to stop
by the IWM table at the Grand Tasting!
Visit
the Miami Wine Fair website and click on "seminars"
for more on Sergio's Revival of Classical Italian
Wines tasting!
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