En Primeur FAQ

The tower in the vineyards at Chateau Latour

La Tour in the vineyards at Chateau Latour

For those considering a first step into Bordeaux en primeur, we have prepared a brief guide below, but if you need any guidance we are happy to explain any part of the process, please call us +44 (0) 20 8418 2823 or email finewines@coevintners.com

What is en-primeur?
This is best explained as buying wine in advance, at advantageous prices for future drinking. The wines are still in barrels at the chateaux and are sold as futures for delivery in the Spring/Summer of two years after they are first offered  – for example wines from the 2012 vintage will be shipped in 2015.

Why buy en-primeur?
The primary advantage in buying wines early is to secure sought after wines, traditionally this has also meant getting the wines at a good price.

What are the risks?
There is a risk paying in advance for any goods unseen or tasted. You should therefore make sure that you are buying from a company that is financially stable and has an established record in wine and the en primeur market. Coe Vintners is a leading UK wine and spirit merchant with over 80 years’ experience of buying and shipping fine wines.

Pricing
Our en primeur prices are tax free and include shipping to the UK. If you choose to receive your wines duty paid we will invoice you for duty, VAT and any delivery charges due at the respective prevailing rates at the time of shipping.

Receiving the wines
Wines will be shipped from the chateaux in Bordeaux from March 2013. At that point we will contact you for your instructions – you have the choice to take delivery (at which point duty and VAT will be charged at 2013 prevailing rates) or transfer the wines to a storage account under bond. We are happy to explain any part of the process, please call us if you need any help.

What do you need to do if you wish to purchase en-primeur
We will be sending out offers, and updating our website daily, but the best approach is to let us know what you want in advance, please call us +44 (0) 20 8418 2824 or email finewines@coevintners.com

Subscribe to our exclusive en primeur updates!
If you would like to receive regular en primeur updates and offers you can subscribe by email or sign up for updates on this blog  – look for the subscription box on the right side of the page.

Advertisements

About Coe Vintners Fine Wine

Coe Vintners Fine Wine is part of the Coe Group, one of the leading wine and spirit suppliers in the UK. An independent family business established in 1930, Coe Vintners will celebrate 85 years continuous trading in 2015.
This entry was posted in Bordeaux, En Primeur. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s