Dom Pérignon 2004 Investment

History

Dom Pérignon is the prestige cuvée of Moët & Chandon, but the production, style and sheer class of the wines are so distinguishable, the two brands are best considered autonomous. Dom Pérignon is produced on premises in Épernay and is based on a core of grand cru villages, including the oldest vines of the premier cru of Hautvillers, the historical and spiritual home of Dom Pérignon.

Richard Geoffrey, Chef de Cave, speaks of three ages of peak maturity in Dom Pérignon's life; the first after 7-8 years (the standard release - currently the 2004 vintage), the second at 12-20 years and a third at 35-40 years. Dom Pérignon makes these mature vintages available through extremely limited 'Oenothèque' releases, representing just 1-2% of only the most age-worthy vintages. Oenothèques are an attestation to the battery life of energy and youth contained within the lees in a bottle of champagne, capable of sustaining a bottle for a lifetime.

Since Moët & Chandon first produced its prestige cuvée in 1921, Dom Pérignon has enjoyed extraordinary brand recognition and worldwide distribution. 'The Dom' is a wine of tension, power and long-aging endurance and has been the vision of the talented Richard Geoffrey for over two and a half decades.

The 2004 Vintage

With Dom Pérignon 2005 set for release later this month (March 2015), the current vintage is still Dom Pérignon 2004. Rated 18.5/20 by Jancis Robinson MW, who noted, “this is a very well mannered wine … a Chablis of a champagne,” this is certainly a very good vintage.

Furthermore, early indications suggest this Champagne is set to get better and better. Antonio Galloni, of VinousMedia.com, is renowned for his acute awareness of a wine’s development; he rescored Dom Pérignon 2002 98 points (up from 96 points) four years after it was released. He has already rescored the 2004 after one year. Raising his initial 96/100 to an extraordinary 97/100, he raved; “A wine that has totally blossomed in bottle, the 2004 is firing on all cylinders right now. Rich, ample and beautifully nuanced, the 2004 has it all; expressive aromatics, deep fruit and more than enough structure to age well for decades.” All indications suggest Dom Pérignon 2004 is going to improve further over time.

Market Value

Looking at the 5-year performance of Dom Pérignon 2002, which has experienced a 24.6% market value increase, shows how vintage Champagne can appreciate over time.

Dom Pérignon also experiences an excellent vintage premium, increasing extensively in value with age; thus, this is a wine with investment potential. The 2004 vintage has the lowest price-over-points ratio (a loose measure of value, calculated by dividing the price of a wine by its 20-point score) of all the recent Dom Pérignon vintages, suggesting it is currently the best value.

Dom Perignon POP scores by vintage
Vintage	Av case price	Galloni Score	POP
1996	£1,700	97	100
1998	£1,410	92	117.5
1999	£1000	93	77
2000	£1,050	94	75
2002	£1,080	98	60
2003	£858	94	61.3
2004	£920	97	54.1

TFB In Bond Price: £1,400.00 per 6x75cl case

Data as at 4th March 2015

Antonio Galloni, VinousMedia.com - 98/100 - “This tasting only serves to highlight just how great the 2004 Dom Pérignon is. A wine that has totally blossomed in bottle, the 2004 is firing on all cylinders right now. Rich, ample and beautifully nuanced, the 2004 has it all; expressive aromatics, deep fruit and more than enough structure to age well for decades. I have been tasting the 2004 since before it was released and it just keeps getting better and better. Today, it is stunning. It is amazing to consider that in 2004, yields were the largest ever recorded in Champagne.”

Jancis Robinson MW, JancisRobinson.com - 18.5/20 - "Very pale straw gold with surely the most discreet bubbles in the champagne world. Very different from the 2003. A much more recognisable Dom Pérignon sort of nose with fairly intense classic toastiness. Minerals and raciness rather than fruit and body. Marked acidity and even a little lean but very fine. There are notes of iodine and bitter orange peel. This wine really gets saliva flowing. The finish is not massively persistent but overall this is a very well mannered wine. A Chablis of a champagne - which 2003 definitely wasn't! (It was more of a Pouilly-Fuissé.)”

Wine Valuation & Selling

Customers who purchase from The Finest Bubble and cellar with us will have access to independent valuation data from Liv-ex for Champagne held in their reserves through an online personal account. When you come to sell your Champagne, The Finest Bubble may make an offer to buy depending on market conditions, however you are not tied to selling through us. If you need us to assist in selling the champagne we can do this for a 4% charge. There are no costs for providing this valuation information.

Financial Risk

We have presented information that shows the historical case for Dom Pérignon as an investment and any forward looking statements are forecasts and not guarantees. Since the value of any investment can go down as well as up we recommend you consult with an accredited financial expert before making investment decisions.

Our Help

We are able to help you with our opinion on what champagnes and which vintages we believe offer the right qualities to consider cellaring for 5-10 years and help with up to the minute market data showing valuations, trends and transaction quantity for every champagne. We are not able to offer financial advice or advice on investments.

Contact Us

To discuss this further please contact Nick or Chris 020 7359 1608 or email us via the contact page.

Last Updated: 4th March 2015