Last week, English wine producer Nyetimber introduced a new range of sparkling wines in their collection, Nyetimber 1086. Upon their unveiling at the Ritz Hotel, the wine world was hit with the news of their high price tag, which put the new bottles firmly in first and second place for the most expensive wines to ever be made in England!
At the launch, two bottles were introduced, a sparkling rosé from 2010, with a price label of £175, and a sparkling white wine from the 2009 vintage, priced at £150. While certainly not the most expensive bottles of wine in the world, these are high price points for the English market, where wine making has only recently come into fruition.
To give you an idea of how these prices measure up to the international wine industry, these new bottles are more costly than some of the most renowned drinks produced in Champagne. This includes Dom Pérignon 2009, which costs £140, Krug Grande Cuvée, at £135, and the Philipponnat Clos des Goisses 2007, which is available for about £136!
Therefore, it is easy to see why these hefty price tags have raised some eyebrows, especially when the wine is produced by a relatively new company in the wine world. The vineyard was first planted at the Nyetimber estate in 1988, and wine began to be made using Pinot Noir, Pinot Meunier and Chardonnay vines, which have typically not taken well to the conditions in Britain, but appear to have worked well for Nyetimber. The business really took off in 2006, when it was bought by a Dutchman, Eric Heerema, who was set on strengthening the brand.
Image Credit: SK53
This isn’t the first time Nyetimber has made waves in the English wine world either. Back in 2013, at the release of their Nyetimber Tillington Single Vineyard 2009, the £75 price tag was high enough for the English wine market that many deemed it too ambitious; despite being £100 cheaper than their current offerings! At the time, this bottle was significantly more than other English wines available, and other vineyards looking to get a taste of boosted profits were prompted to release pricier sips of their own. Following Nyetimber’s success, many other English winemakers took to launching top-shelf-price bottles, with Chapel Down’s ‘Kit’s Coty Coeur de Cuvée 2013’ overtaking the price lead in 2017 with a £100 price label, making it the most expensive wine of the time in England.
The newly released Nyetimber 1086 wines have raised their prices so much higher in an attempt to discourage other English producers from following suit, keeping them ahead of the game, and at the forefront of the English wine market.
So, is the wine worth it? Many critics and reviewers think that no English wine is currently good enough, or holding a big enough reputation, to warrant such high costs. Especially when the Nyetimber 1086 range isn’t even limited edition or rare, with 12,000 bottles and 850 magnums of the rosé and 2,600 bottles and 40 magnums of the white available. For the same price, there are far better wines with a much more impressive reputation for being the best in the industry. Even so, some critics have suggested that this move is simply to make their £75 bottle look more appealing to buyers, as it is a bargain in comparison to their far pricier bottles on offer!
Whether your wine collection only contains bottles under £10, or you like getting your hands on the higher-end offerings, make sure that you have the right wine storage solution to ensure that all of your wine tastes its best upon serving! Tanglewood Wines offers a range of options for storing your wine, from wine racks to custom built wine cellars. For more information, please get in touch with one of our experts.