Liv-ex creates new 1855 Classification

  • Friday 6 March 2009

Liv-ex, the fine wine exchange, has re-calculated the 1855 classification according to price – and there's a new wine in the First Growths.

The new Liv-ex classification has Mission Haut Brion joining the first growths and Lynch Bages climbing to 2nd growth.

Highly-regarded Chateau Palmer, at present a 3rd growth, moves up to the top of the Seconds.

The listing was put together using Medoc and Pessac Leognan wines with a minimum production of 2000 cases. The original classification used only 61 wines from the Medoc.

The wines were then split into growths according to price band, as the original 1855 listing did.

First growths were wines at £2000 per case and above, 2nd growths £500 to £2000, 3rds £300-£500, 4ths £250-£500 and 5ths £200-£250.

Liv-ex worked out the listing by calculating the average case price for every qualifying wine for the past five years, 2003-2007. Prices are as of 31 December 2008.

Various anomalies were thrown up – particularly in the case of the second wines – many of which would have made it into the list had they been included.

Liv-ex research manager Jack Hibberd said, ‘The second wines of the great chateaux are a complicating factor. They obviously didn’t exist in 1855, so we decided to classify each property on the basis of their first wine.

‘It’s interesting to note that if they were included as separate chateaux, 12 would make the cut, with Carruades de Lafite and Forts de Latour reaching the level of second growths.’

Director James Miles said, ‘Our aim, in essence, was to create the classification that would have been drawn up if today’s prices were those prevalent 154 years ago.’

The Liv-ex Bordeaux Classification

The Liv-ex Bordeaux Classification

FIRST GROWTHS

Latour

Lafite Rothschild

Margaux

Mouton Rothschild

Haut Brion

Mission Haut Brion

SECOND GROWTHS

Palmer

Leoville Las Cases

Cos d'Estournel

Pape Clement

Montrose

Ducru Beaucaillou

Pichon Lalande

Pichon Baron

Leoville Barton

Lynch Bages

THIRD GROWTHS

Leoville Poyferre

Pontet Canet

Malescot St Exupery

Rauzan Segla

Haut Bailly

Calon Segur

Lascombes

Smith Haut Lafitte

Beychevelle

Cantenac Brown

Grand Puy Lacoste

Branaire Ducru

Clerc Milon

Duhart Milon

Giscours

Lagune

Issan

FOURTH GROWTHS

St Pierre

Langoa Barton

Gruaud Larose

Brane Cantenac

Kirwan

Talbot

Malartic Lagraviere

Domaine de Chevalier

Haut Marbuzet

Prieure Lichine

FIFTH GROWTHS

Lagrange St Julien

Boyd Cantenac

Sociando Mallet

Ferriere

Marquis de Terme

Armailhac

Carbonnieux

Haut Bages Liberal

Haut Batailley

Lafon Rochet

Durfort Vivens

Tertre

Rauzan Gassies

Dauzac

Cos Labory

Batailley

Grand Puy Ducasse

The Liv-ex Bordeaux Classification: Second wines

(with potential classification)

SECOND GROWTHS

Carruades de Lafite

Forts de Latour

THIRD GROWTHS

Petit Mouton

Pavillon Rouge

Bahans/Clarence Haut Brion

Alter Ego de Palmer

FOURTH GROWTHS

Chapelle Mission

Pagodes de Cos

FIFTH GROWTHS

Clos Marquis

Reserve de la Comtesse

Croix de Beaucaillou

Clementin du Pape Clement

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