Transcript The Beauty is in the Balance” Riesling

“The Beauty is in the Balance”
Riesling -The Razor’s Edge
Andrew Caillard, MW
Fine Wine Principal
Langton’s Fine Wine Auctions
& Woolworths Liquor Group, Australia
Riesling is the most transparent of grape varieties; it translates the soils
and character of place better than any other variety.
Is the winemaker an Artist?
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In painting gesture of the artist
In wine vineyard predestines its character
Few winemakers are ever remembered,
Famous vineyards/ places endure
Riesling Schloss Johannisberg, Schloss Vollrads
and Berkasteler Doktor
Is the winemaker a craftsman?
A piece of furniture or pottery cannot make itself
An artisinal winemaker therefore is an oxymoron?
Or is he a philosopher?
Suggests a thoughtful relationship between living things
To intuitively understand an aesthetic
Terroir
• Etymology; Terra – Latin for the earth
• Linked with agrarian reform in France post
1788.
• A contextual surface.
• “gout de pierre” more commonly used during
the 1800s and 1900s
• Dr Jules Guyot in 1860. What is the wealth of
locality and it’s soil?
Terroir
• Terroir seems to derive from the principal of
“colonisation power of land”
• Local products such as cheese and honey
• Also used in Architecture and Geography
• Appellation Controlee Laws were introduced in
1909
• Protection of a place of origin – not a protection
of quality
• But steeped in local knowledge – ie best
performing vineyards.
Terroir Nullis?
• 20th Century - historicised,
ecologised, politicised, and
romanticized.
• Globalisation and threat have
accelerated the evolution and
meaning of Terroir.
• An essential food staple (water
was dangerous to drink during
the 18th and 19th century) into a
commodity
• “An invention of difference?”
• Terroir a fiction
• “Using a glorious past or grand
history to create a unique and
different product of symbolically
high standard?”
Creating an Identity
• Terroir came into common usage
during the 1980s
• No reference to Terroir in major
English (or French) books until
1980s
• “We have to be different in order
to sell”
• Pankarra – Aboriginal, Arse Place
– Pidgin, Papanga – Maori
• “It is up to us to use our
knowledge from our experience
of place to define those places
that exist for making great
riesling.” Jeffrey Grosset 2007
The power of Identity
• A product characterised by a place
• Or a place characterised by a product.
• Many of the great wines of the world are the
latter
• Domaine de la Romanee Conti, Chateau Lafite
Rothschild, Chateau Petrus, Krug
• Riesling?
• Schloss Johannisberg, JJ Prum, Dr Loosen,
Trimbach Clos Ste Hune, Grosset
Riesling – History of Trading
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1435 with Klosters Eberbach in the Rheingau.
Elizabethan Era - “Rhenish” wines were imported but consumed within 18 months
– Adulteration with spices or turned into vinegar.
– Beer and wine was consumed extensively to avoid getting ill.
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Invention of bottle and cork; investment and wine collecting only began less than
300 years ago.
1830s Schloss Johannisberger “a wine of first class”
– Romanee Conti, Lafitte (sic) and Constantia!
– most Hock and Moselle was considered as young drinking 2nd and 3rd class wines
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Acknowledgement of difference
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Steinberger – Rheingau (A very fine growth)
Oestericher (Lighter than Johannesberger but delicate)
Liebfrauenmilch (a good hock with fine flavour and body)
Bacharach (wine once in high repute)
Whelen, Graach (both of first quality)
Queen Victoria (1819-1901) – married a German; favoured wines of the court
Contemporary Tasting Note?
“The German are a distinct class in Character from all other wines. They are
generous, dry, finely favoured and endure age beyond example. They average
about 12.08 per cent of alcohol. They have been supposed to turn acid sooner
than other wines, though the reverse is a remarkable fact”
Cyrus Redding – A history and description of Modern Wine 1833!
Starts to go wrong after 1918
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“A sickening sweetness fouled most post-war wines (after 1918) and robbed them
of their erstwhile individuality”
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Pre 1930 German Wines could contain up to 49% of foreign wines
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Andre Simon, Vintage Wise 1945
Greatest pre 1945 vintages; 1893 and 1921
“sweet Hock a la Sauternes”
Liebfrauenmilch – pre 1930; mostly Spain, during German occupation of France;
Alsace and Austria
Post 1945; Commercialisation with occupying US Forces
Democratisation of wine consumption in the UK.
Traditional styles and names were modified.
Introduction of hybrids – and new varieties ie Muller Thurgau – Quantity rather
than quality
1964 – “Rhine Wine is not always pure; many German wines contain more water
than permitted and wine growers adulterate and mix wines to such an extent, that
the criminality is quite significant.”
1970 German Wine Law – based on must weight and open to cheating
Reduction in vineyard sites – commercialisation
History of Trading – Riesling - Alsace
• “Riesling Wine from Strasburgh (sic) is distinguished by a particular
bouquet, by strength and durability. It will keep a century. It is
diuretic and cold.”
• Cyrus Redding 1833
• The second classes of wine are produced from the plants named
the rischling...
• The vine de Paille based on Tokai, Chasselas etc more valued.
• 1870-1918 – German occupation of Alsace.
• “When Alsace was freed from occupation in 1918.. nobody outside
Alsace had ever heard of Riquewihr, Ribeauvillé, Guebwiller etc”
• Market seized up during World War 2 and descent of the “the iron
curtain”
Riesling in Australia
• James Busby listed Rischling in his 1832 collection
• William Macarthur imported some Riesling vines from the
Bas-Rhin in 1838.
• In 1847 Johann Gramp imported Riesling grapes producing
his first vintage in 1850.
• Leo Buring visited Schloss Johannisberg in 1896
• 1970s Riesling was the generic term used for cheap bag in
the box white wines. It was Rhine Riesling that
differentiated the true Riesling from other synonym
varieties.
• Rise of Eden Valley and Clare Valley during the 1970s
• Screw Caps – 1970s & 1990s
Wine Investment is bold speculation?
• Fine wine market is an example of laissez faire capitalism,
• supply stimulates demand; commodity become more valued as
original purpose is lost!
• No correlation with financial indices such as the FTSE, All
Ordinaries, Dow Jones etc.
• Costs of buying and selling make it difficult to achieve returns.
• Riesling does not presently feature in wine investment funds
• With the exception of rarities have not shown any traction/ reliable history on
the market
• Are generally appreciated as young rather than older wines
• TBAs and Bas are highly specialised wines – very low production and relatively
small demand
• Australian Rieslings; Leo Buring and Grosset have a longstanding presence on
the secondary wine market but do not generate returns.
Historic Riesling Prices at Christie’s
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1995 EGON MULLER Scharzhofberger Riesling TBA, $5538.45
1971 EGON MULLER Scharzhofberger Riesling TBA, £4400
2000 EGON MULLER Scharzhofberger Riesling TBA, £4384.63
1959 J.J.PRUM Eitelsbacher Karthauserhofberger Riesling TBA, 920€
1949 J.J.PRUM Wehlener Sonnenuhr Riesling TBA, 920€
1959 J.J.PRUM Wehlener Sonnenuhr Riesling TBA, £1,237.50
1959 J.J.PRUM Eitelsbacher Karthauserhofberger Riesling TBA, 805€
2007 J.J. PRUM Wehlener Sonnenuhr Riesling TBA Goldcapsule, £6525
1971 J.J.PRUM Graacher Himmelreich Riesling TBA, 1035€
1959 SCHLOSS VOLLRADS TBA, £825
• Illustrates Rarity Factor and “Go for Gold Philosophy”
• Mosel-Saar-Ruwer supremacy -
Historic Riesling Prices at Langton’s
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1996 TRIMBACH Clos Ste Hune Riesling, AU$703.80
1971 J.J.PRUM Graacher Himmelreich Riesling BA, AU$633.65
1971 J.J.PRUM Wehlener Sonnenuhr Long Gold Cap Riesling-Auslese, AU$583.05
1967 TRIMBACH Clos Ste Hune Riesling, AU$578.45
1990 TRIMBACH Clos Ste Hune Riesling, AU$518.65
2001 TRIMBACH Clos Ste Hune Riesling, AU$494.50
1959 DEINHARD & CO Bernkasteler Doktor Riesling BA, AU$473.80
2000 TRIMBACH Clos Ste Hune Riesling, AU$466.90
1997 TRIMBACH Clos Ste Hune Riesling, AU$432.40
1999 TRIMBACH Clos Ste Hune Riesling, AU$407.10
Illustrates supply constraint in Australia
Strong local interest in dry Riesling style
Historic Australian Riesling Prices
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1980 PEWSEY VALE Riesling, Eden Valley AU$173.65
1968 PENFOLDS Bin 421 Late Picked Riesling, South Australia AU$166.75
1979 LEO BURING DW 116 Riesling, Eden Valley AU$141.45
1970 PEWSEY VALE Riesling, Eden Valley AU$138.00
1984 SEPPELT Maturation Release Riesling, Eden Valley AU$138.00
1973 LEO BURING DWC 11 Show Reserve Riesling, Barossa Valley AU$136.85
1973 LEO BURING DWC 17 Show Reserve Riesling, Eden Valley AU$126.56
1979 LEO BURING DWI 16 Show Reserve Riesling, Eden Valley AU$119.60
1975 LEO BURING DW 187 Riesling, Eden-Barossa Valley AU$110.40
1990 LEO BURING DWT 17 Leonay Riesling, Eden Valley AU$104.65
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Illustrates a local market for Australian Riesling
Highest prices paid for Eden Valley Riesling.
Grosset Polish Hill by far the highest ranking for consistency and volume
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Austrian/ New Zealand/ US etc – under developed wine market
Lessons of Riesling
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Held in high esteem but generally regarded as a wine to drink soon
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Botrytis Riesling – very rare and ability to age – but highly specialised genre
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In Jeffrey Grosset’s paper he discusses various processes that can manipulate or
opaque the intrinsic transparency of Riesling.
– Juice subjected to skin contact, machine harvesting and transporting
– Use of flavour enhancing yeasts or enzymes and the blending of small quantities of other
varieties. Also development of low H2S producing yeasts
– Extended lees contact and aging in large oak, and the use of hazy rather than clear juice
– Other influences such as botrytis adding character and complexity.
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– Storage conditions and corks have a huge effect on aging potential
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Drinkinga 1975 Rhiengau Kabinett in Germany – significantly less evolved than wine cellared in
Australia (despite air-conditioning etc)
Ageworthy but unreliable in the 20th Century
A History of Abuse
• abused, tortured and subjugated throughout the 20th
Century.
• Riesling translates and articulates place better than any
another variety
• But sidelined by Politics, scandal, greed , impossible
German language
• Name and reputation of producer linked with vineyard
the key factor
• The Terroir argument has not helped Riesling
commercially. It has voice and scent of place but is not
universally fabled.
• It has a present value but an uncertain future value
The Aesthetic of Riesling
• Aesthetics deals with
beauty, art, enjoyment,
sensory-emotional values,
perception, and matters of
taste and sentiment.
• It also deals with the
expectations of the day.
• Fashion and values of our
times interplay. What was
ugly yesterday is beautiful
today and vice versa.
• Minerality and freshness
but also aroma, volume and
flavour length
The expectations of today
• Mosel – Flowery, slatey and delicate with low to moderate alcohol, clear
bright acidity. Classic style has a hint of residual sugar.
• Rheingau – Slatey/ flinty/ pearskin, low to moderate alcohol, more
powerful and intense. Mineral acidity.
• (styles ie Trocken through to Spatlese muffle or exaggerate typicity)
• Alsace – Stoney/ honey/ flinty notes, moderate alcohol, chalky, more
richness, concentration. Strong acidity. Grand Cru often riper expressions
with muscaty note.
• Clare Valley– Lemon curd/ camomile aromas. Moderate to moderate-high
alcohol, concentration, indelible acidity and flavour length.
• Eden Valley – Lemon/Lime/ herb/ slatey notes, moderate to moderatehigh alcohol, strong acidity.
• Regional voice not always clear.
• Low Alcohol – early picked Australian Rieslings – gaining momentum
Evaluation
• As a buyer or critic – one
tends to evaluate against
the contemporary aesthetic.
• Grosset, Trimbach, Zind
Humbrecht, JJ Prum, Dr
Loosen, Schloss
Johannsiberg etc
• Retail buyers averse to risk
• Rise of the sommelier as an
influencer. ie Austria, low
alcohol Australian, Crawford
River etc
The future of Riesling
• Riesling ultimately a transparency on a blank
canvas
• The intrinsic aesthetic of Riesling; Vineyard more
important than winemaker.
• The intrinsic quality of Riesling; Winemaker’s
name more important than vineyard
• Beauty and balance in a wine is not good enough
• Need to capture the imagination of the consumer
• Access to market and ranging increasingly difficult
A confused general consumer
• Average consumer unclear
what Riesling should be
• Avoids Riesling.
• Price is a key driver
• Aesthetic is a key driver
• Individual identity gives
market traction
• Winemaking philosophy,
environmental, family
heritage, reputation,
reliability (brand equity)
• Regional voice but not
Terroir
Top Rieslings at Dan Murphy’s
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PEWSEY VALE Riesling – EDEN VALLEY
ANNIE’S LANE Riesling – CLARE VALLEY
PIKE’S Riesling – CLARE VALLEY
JACOB’S CREEK Riesling CLARE/EDEN VALLEY
PETALUMA Riesling – CLARE VALLEY
PETER LEHMANN Riesling - BAROSSA
WOLF BLASS Eaglehawk Riesling – SOUTH
EAST AUSTRALIA
ROSEMOUNT Diamond Cellars Traminer
Riesling SE AUSTRALIA
YALUMBA Y Series Riesling - BAROSSA
HARDYS Siegersdorf Riesling - CLARE/EDEN
VALLEY
Illustrates that Riesling is unique in the world of fine wine;
many of the best sellers are “Landmark” Australian wine.
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AUSTRIA
1. PRAGER Riesling 187
FRANCE
1. DOPFF Au Moulin Riesling 750ml 26
2. DOPFF Schoenenbourg Riesling 72
GERMAN
1. DR LOOSEN Blue Slate Riesling 24
2. DR LOOSEN Dry Riesling 40
3. DR LOOSEN Bernkastler Rieslng Kabinett 64
4. DR LOOSEN Wehlener Riesling 68
5. HUGEL Jubilee Riesling 74
6. VON BUHL Estate Riesling 103
7. JJ WOLF Riesling 114
8. GEORG BREUER Riesling 123
9. JJ PRUM Riesling Kabinett 134
10. DONNHOFF Riesling 136
NEW ZEALAND
1. FROGMORE CREEK FGR Riesling 42
2. WAIPARA HILLS Riesling 86
3. ALLAN SCOTT Riesling 90
4. LAWSONS Dry Hill Riesling 108
5. FELTON ROAD Riesling 173
6. RIPPON Riesling 228
7. HUIA Riesling 231
Thoughts on Riesling
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Offer best value of ultra-fine wine
Articulation of individual identity needed
New World wines – clarity and purity
Not all markets have to be your friend
The poor allocation of points and the lack of
empathy for other cultural values that pervades
among wine critics is alarming. Critics applaud
individuality but assume that taste and received
wisdom is homogenous across cultures.
• “For men and women are not only themselves; they are also
the region in which they were born, the city apartment or the
farm in which they learnt to walk, the games they played as
children, the old wives’ tales they overheard, the food they
ate, the schools they attended, the sports they followed, the
poets they read, and God they believed in. It is all these things
that have made them what they are, and these are the things
that you can’t come to know by hearsay, you can only know
them if you have lived them.”
– Somerset Maugham “The Razor’s Edge” 1944