In our view, there remains one key fine wine producing region which offers a breadth of fabulous drinking, displays all the hallmarks for future appreciation but remains undervalued: Piedmont and specifically the wines of Barolo. As we reported last year, the wines of Italy are fast growing in favour with wine lovers, particularly in Asia.
If Super Tuscans can most easily be compared to Bordeaux, then the natural alliance with Barolo is Burgundy. Interestingly, many of the leading experts on Burgundy are also Barolo specialists - adding further to our belief in their intrinsic connection:
- Both regions have multiple named vineyards or 'Crus', the ownership and management of which is divided up between dozens of grower-producers
- Production levels of the best Crus from the best growers are extremely limited
- Both produce unmatched red wines of singular perfume, concentration and ageability combining lightness of touch (and colour) with varietal characteristics
- Whilst red Burgundy is made from Pinot Noir, Barolo is made from Nebbiolo; both are difficult to grow but when well handled create extraordinary, site-specific wines
- The best wines achieve huge critical scores
The following review comes from Italian wine guru Antonio Galloni, as featured on vinousmedia.com:
“The 2010 Barolos have all of the attributes of a cool, late-ripening vintage; expressive aromatics, chiseled fruit, plenty of site-specificity and the potential to develop beautifully for years and decades in bottle. At the same time, the wines have gorgeous depth and richness, perhaps a result of the high temperatures in July. Next to the 2008s, which were generally brought in later, the 2010s have a bit less aromatic intensity, more tannic clout and greater overall structure. A number of growers mentioned that the berry size was small in 2010, which explains why the wines have the tannic presence they do…. It is a year that will appeal to classicists, as the wines are translucent and incredibly expressive. Stylistically, the 2010s remind me of the 2004s, but with more mid-palate pliancy and overall depth. Simply put, 2010 is the greatest young Barolo vintage I have tasted in 18 years of visiting the region and a lifetime of buying, cellaring and drinking these wines.”
All the key factors are in place: immense quality, scarcity, ageability, growing global demand and (the major advantage for the canny investor) a huge differential in price and the potential for appreciation. The recently released 2010 vintage has been critically acclaimed and, with top-scoring Barolos available at up to a quarter of the price of equivalent Burgundies, it looks a smart time to stock up.
*These wines are offered on a first-come, first-served basis, so if you're registered on our website just dive in and pick some up. Not registered? Click here to sign up, and you can shop away.
Offer subject to final confirmation by invoice: E&OE