Sunday, May 30, 2010

William Fevre Chablis


William Fevre Chablis is a good value for drinking at current prices. If you are tempted to speculate, go for Les Clos.

The 2004-2005 Fevre Chablis tend to be available for around $40/bottle for a premier cru, and $60/bottle for a Grand Cru, and $80/bottle for Les Clos. Patient speculators can find these wines at auction for $10-$20 lower than these prices.

I like Fevre Chablis for three reasons:
1. It tastes like a wine that costs 50% more.
2. The wines are well made. I have never had a Fevre tainted by premature oxidation.
3. Prices of the 2002, 2004, and 2005 Fevre Les Clos actually rose by about $25/bottle during the 2007-2010 time period, a time when most non-blue chip wines fell or barely maintained their value.

Is Chablis worthy of investment? Mostly not, although owners of Raveneau did well with the '02 vintage Grands Crus. Fevre's Les Clos could similarly beat the odds and make the jump to $120+ over the next few years.

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