But no Stone Terraces?Alex Bridgeman wrote: ↑00:09 Mon 16 May 2022 There might be another way to look at the pricing of these two wines. They are the selection of the very finest lotes made from the very best grapes from the cream of the Symington vineyards in order to make wines fit to commemorate the 200th anniversary of Graham’s and the 350th anniversary of Warre.
Regarding pricing, note that the original release of The Stone Terraces in 2011 had a MSRP of $225/75cl in the US, and IIRC was 150 GBP in the UK. It was possible to find it for less than that, but most stores - even on the internet - were selling at full MSRP. That was for a release of 250 x 9l cases. If you can even find it today, the price fluctuates between $500 and $800 per bottle. It's currently ~$700/bottle in the UK.
Has Stone Terraces increased in value because it is a super cuvee, or is it because of the extremely limited 250-case release?
Note that until COVID hit, 2015 (400 cases), 2016 (450 cases), and 2017 (600 cases) were all still available at or below release price. In particular the 2015 could be found at a significant discount from MSRP - as low as $125 to $150 - and even currently can still be found for $165/bottle in the UK. The 2016 and 2017 have crept back up to MSRP or slightly higher over the last 2 years, but prior to COVID could still be found for around $175.
Unless you really think that the Stone Terraces pricing is entirely because it is a super cuvee, I would have to agree with Andy. These very small limited releases are only going to increase in price over time due to supply and demand. Major releases may not, but if you need 2020 Graham for a special reason, I recommend getting it as soon as you can even if this is just an initial release from a larger stock.