I love Burgundy wine and would happily drink both the reds and the whites several times a week for the rest of my days. I do not like, however, paying for Burgundy wine. It's not that I refuse to spend money on wine - I splash out a bit here and there. Over the years, though, I like to think I've become smarter about how I spend my wine dollars. Now, when I spend $25 on a bottle of wine I want to buy something that represents the best wine I can get for that $25. When I spend $50, I want the best wine possible for $50. And it makes me sad to admit to myself that in the price range where I spend most of my time, I no longer think Burgundy represents the best I can get for my money.
Wine old timers will talk about the days when you could buy Roumier Bonnes Mares on the shelf for $100, and other sordid tales. I was not buying wine in those days. But even 5 or 6 years ago it was possible in NYC to buy truly top quality Burgundy wine for $75 - wines from great terroir that would improve over time and reveal great detail and nuance, and would be utterly delicious. The top Chevillon Nuits St. Georges 1er Cru wines were approximately that price. Fourrier 1er Crus from Gevrey, D'Angerville 1er Crus, and plenty of other wines that are truly exceptional. Those wines cost way, way more now. Today my favorite wine store in the world sent out an email advertising 2011 Burgundies and Chevillon 1er Cru Les Cailles costs $145. Les Cailles is a great vineyard and Chevillon is a wonderful producer - there is no question in my mind that this will be excellent wine. If money were no object, I would buy some.
For most of us, money is a limiting factor. There is no conceivable situation in which I could imagine buying 2011 Chevillon Les Cailles for $145, and this has nothing to do with the quality of that wine. It has everything to do with the other wines I could buy for that same money, if I were to spend that money on a bottle of wine. Some of you will now say "But if you want Chevillon you can still buy 2011 Chevillon 1er Cru Bousselots or Pruliers for $115." Same problem - there are other things I would buy for that same money, were I to spend that money on a bottle of wine. The villages wine, the 2011 Chevillon Nuits St. Georges Vieilles Vignes costs $75. $75!
All European wine has gone up in price in the past 5 or 6 years. The rate of increase in Burgundy seems to be more accelerated than most, however, and it means that I drink way less Burgundy wine, which makes me feel sad. That said, there are still places to spend that $75, should you spend that kind of money on a bottle of wine (and the holidays are coming up people), and to feel confident that you are getting the best wine for your money. For me, one of the very best places to spend up to $75 on a bottle of wine right now (NYC market prices) is Champagne. I know, that sounds weird - Champagne as a value. I don't mean it that way, exactly. I mean to say that I think that if you are spending $75 in a NYC wine store right now, Champagne in general is the place where you can get the finest wine, objectively speaking.
Here are a few of the producers whose wines can be purchased at or below that price point, and that I believe represent truly exceptional quality:
Roederer - yup, I'm leading with a big house. The vintage Blanc de Blancs is for me one of the reference standards for Chardonnay in the Côte des Blancs. The wine is delicious young but has the acidity and structure to age well. And this is why I'd rather spend my $75 here than on Chevillon VV - Roederer's vintage Blanc de Blancs is in the upper echelon of wines made of Chardonnay from that place. Chevillon VV is not.
check Chambers Street) but the wines are fantastic. The one in the photo is exceptional, and can be had for about $55. If this were Burgundy of similar quality it would cost $125.
Peter Liem, and the 2008 (but this is never a vintage wine) release is on the shelf now, for under $75.
Rene Geoffroy - I like the whole lineup and think it is vastly undervalued, even among Champagne lovers. Empriente, for example, the vintage (but not vintage dated) wine made mostly of Pinot Noir is exceptional and one of the finest of its type and can be had for under $70.
There are many others - I just included the ones that I drank recently enough to still have photos (and aso Geoffroy and Roederer because I love them). Now, what can we do collectively to bring Burgundy prices back to a reasonable level? Or must we accept this, the indignity of no longer buying the wines?