The Value of a 99

The 100 point rating system, pioneered by Robert Parker, led to a mythical status being afforded to a handful of wines given the full 100 point score by the famous wine critic. These wines are inherently more valuable than their lower-scoring peers and, as Robert Parker has ceased to rate Bordeaux en primeur, these wines will appear more legendary as time goes on, as supply diminishes and as demand increases.

A positive or negative rating by Parker could, famously, make or break a wine, and the market which had become inexorably linked to his ratings would invariably reflect his opinion, with prices soaring or crashing.

At, we only select wines for clients’ portfolios which are approved by our in-house data algorithm tool. The majority of these wines are 100-point wines from the very best recent vintages (2005, 2009, 2010), but as the Liv-Ex Fine Wine 100 index continues to soar, there is increasingly value to be had at lower entry levels: from the second wines of the first growths, to good but not great vintages, to wines rated 93, 94 and 95 points.

So what then of the 99-pointers, the wines that so nearly achieved immortality among st oenophiles. Is there value there, are they overpriced or are they a rich vein of investment potential?

The table below shows a selection of Chateaux which have produced both a 100 and a 99 point rated wine (by Robert Parker) since the year 2000 and how those wines have performed in the two and five years since release, plus overall performance to date.