1982 was a milestone for the Bordeaux trade.
It came after the difficult decade of the 1970s. A decade marked through the Bordeaux crisis with the collapse of the 1972 bubble, the oil crisis and rapid inflation. On top of this there were a series of disappointing vintages.
The financial markets had stabilised by the time that the 1982 were offered in the spring of 1983 and there was a large new group of potential wine buyers. There had been an influx of new magazines about wine and good living and the public was ready to spend money. The American Dollar was high against a weak French Franc and most of all – the wines were spectacular.
There were several reasons for this.
An early, even flowering, a warm but unspectacular summer and most of all, thanks to an exceptionally hot period at the end of August and the first half of September. It was this heat that made it possible for this record size harvest to, not only to fully ripen, but also to concentrate the fruit.
The harvest started on September 14th and was finished before heavy rains commenced on October 2nd.
Another reason for the succes of the vintage was that most châteaux had invested in their cellars and were able to work such a large and hot harvest. One was now able to control the fermentation temperatures better than in earlier hot vintages like 1947.
The grapes produced wines with such a high natural alcohol that chaptalization became unnecessary, they showed deep colour, high and unusually soft tannin levels, a better acidity than at first feared and most of all – great concentration of fruit. The media hype was great, particularly thanks to the advent of new wine magazines - this was the vintage that cemented Robert Parkers reputation. The prices rose rapidly and have never looked back since. I remember all premier crus (including Pétrus) being offered to end consumers for around 50 Euro en-primeur in 1983.
Château Le Pin, or simply Le Pin, is an unclassed Bordeaux wine from the appellation Pomerol. There has never been an official classification of Pomerol. Even so, Chateau Le Pin commands prices that put it at levels equal to the best wines of Bordeaux. The unusually small estate is located on the Right Bank of France’s Gironde estuary, and its wine is periodically one of the world's most expensive red wines. Le Pin was the first of the "garage wines" or microchateau that have become cult collector wines. These wines defy the traditional classifications.
Madame Laubie, whose family had owned the plot since 1924 sold the vineyard in 1979 to the Belgian Thienpont family for 1 million francs. Developed by Marcel and Gérard Thienpont on less than 2 hectares, wine was produced by microcuvée from a farmhouse basement. The property was given the name Le Pin by the Thienponts from a solitary pine tree that shades the property. By acquiring tiny adjoining plots of land, Jacques has doubled the size of Le Pin to five acres.
Occasionally the most expensive wine in the world, continually receiving high ratings from wine critics and produced in extremely small numbers, Le Pin bottles are a constant presence on the wine auction market. Le Pin produces just 600 to 700 cases each year.
Currently managed by Jacques Thienpont, additional tiny plots of land have been acquired. Some years no wine is produced.
Château Le Pin 1982/ Annual production is very low, less than 600 cases, but in 1982 only 250 cases. Le Pin’s auction record is for a case of 1982 Chateau Le Pin, which fetched 88.000€.
Recommended glass shape
Average Bottle Price
|9 332€ +6.3%||8 778€ +55.9%||5 632€ +13.7%||4 954€ +15.6%||4 285€ -3.5%||4 442€ +23.8%||3 587€ +34.8%||2 660€ +51.1%||1 760€ +82.2%||966€|