Federal Wine & Spirits

29 State Street, Boston, MA 02109

2023 Bordeaux First Growths Futures

 A price perspective
June 19, 2024



Purchasing Perspective


Does buying futures save you money? I feel the answer is a resounding yes. Using Wine Searcher I’ll compare 2023 Lafite, Mouton, Margaux, Haut Brion, and Cheval Blanc 2023 futures prices to the current market for past vintages.


2023 Cheval Blanc-- $513   WS average price all vintages $875

One of the most profound wines of the vintage, a striking wine that stands out for its strong sense of identity and seamless integration at such an early stage in its life. Wafting from the glass with notes of mulberries, lilac, dark fruits, iris root and violets, it's medium to full-bodied, supple and seamless, with a gourmand core of cool, vibrant fruit that entirely conceals its sweet structuring tannins, concluding with a long, perfumed finish. William Kelley  Wine Advocate (4/2024)


After a little swirling, the nose erupts with an atomic perfume of Morello cherries, wild blueberries, black raspberries, and ripe plums leading to a fragrant undercurrent of rosebud tea, menthol, star anise, and cinnamon stick. The medium-bodied palate is fantastically fresh and graceful, delivering super-fine-grained tannins and just enough tension to support the red, black, and blue fruit layers, finishing on a lingering mineral note. This is magnificent. (LPB) Wine Independent


2023 Chateau Margaux $486 Average retail $894

Fabulous. Sensual, silky and exceptionally polished, shaping up to be a classic. Seamless, silky tannins wrap around a core of dark red/purplish fruit. Hints of spice, new leather, menthol, licorice and rose petal fill out the glass. There's a bit of new oak peeking through today, but that won't be an issue in a few years' time. … Margaux is the least showy of the First Growths, but it is often the most refined. The 2023 is sublime. Antonio Galloni  Vinous


Vibrant peony and ruby red colour, this hums with movement and energy through the palate, a complex bloom of lavender and white rose flowers, fresh and dense at the same time. Classical Margaux, with the savoury quality of the best wines of the year, a ton of fine tannins with a reserved sculpted architecture. The drinkability of this vintage is such a welcome return, and this is exceptionally good quality, and a real pleasure to taste. Superb winemaking - Jane Anson


2023 Chateau Haut Brion  $418  Average retail $710

A stand out wine this year and one of the most charming Primeur samples from the estate. A little sombre on the nose, quiet with dark fruit, blackcurrant and brambles. Not so open on the nose, but this wows on the palate - rich, dense for the vintage, weighty in the mouth, clearly ripe and so filling. Chewy and alive, this is brilliant with a buzz of acidity, a sharp, sour, tartness but all so excellently delivered. So charming and so cuddly, this wine wants you to adore it. Bright and voluptuous, and not many can say that in this vintage. Really so great and still with chocolate, mint, pepper, raspberries, and floral notes all the way through. A complete knock out because it has flesh, juice, brightness and style. A potential 100-point wine. (GH) Decanter


. The nose is less immediate than the La Mission and the fruit is a little darker: blackcurrant, juniper, hints of black olive and a light cedar scent. The palate is medium-bodied with fine grip and tension. This has superb energy, presenting a crescendo of flavors toward a complex and persistent finish that lingers in the mouth. There is real pedigree to this First Growth, and it will certainly give 30 to 40 years of drinking pleasure. (NM) Vinous


2023 Chateau Mouton Rothschild  $442  Average retail $833

High Cabernet, and the grape is dominant not just in blend but character, totally delicious, with tension, flesh, and confidence, building layers of black fruits, graphite, cocoa bean, espresso, pomegranate and smoked earth throughout the palate. When Cabernet works at Mouton, it is hard to beat, and it's on full display in 2023. One of my clear wines of the vintage. Of any vintage.. Jane Anson

Shaping up to be one of the wines of the vintages on the Left Bank. Its balance of intense, super-concentrated fruit and equally imposing structure is spellbinding. Dark red-toned fruit, blood orange, spice, pencil shavings and dried herbs gain intensity in the glass. I especially admire its vertical build and overall energy. This is an exciting young Mouton endowed with palpable dynamic energy. It's a superb effort… (AG) Vinous


2023 Chateau Lafite Rothschild $529  Average retail $1063

The finest of the first growths this year, a terrific effort that unwinds in the glass with deep and incipiently complex aromas of cassis, pencil shavings, lilac and violets mingled with hints of cigar wrapper and mint. Medium to full-bodied, layered and concentrated, it's vibrant and refined, with a deep core of fruit, plenty of sweet structuring tannin and a compelling marriage between energy and plenitude. It reminds me of 2019's tannins combined with 2016's unimpeachable classicism. - William Kelley


A clear contender for wine of the vintage. Deep, purple colour on the rim. Some soft herbal and floral aromatics, milk chocolate. A real sense of understated power as Lafite does so well. Not so demonstrative at all, but there’s a gorgeous charming delicacy to this - fine powdery blue fruit tannins with edges of liquorice and slate. Smooth and supple, excellent weight in the mouth, light and streamlined, less overt acidity and brightness than Carruades, but still with a mouthwatering centre that gives strawberry and cherry fruit flavours. Ends with subtle graphite and wet stone, long and lingering though. Just delightful, so elegant and finessed. You can feel the density on the finish, the slight weight of the tannins comes at the end, bringing a controlled and quiet power. I love the sense of ease and seamlessness about this wine, it just slips down. A potential 100-point wine.  GH, Decanter


Our complete 2023 futures list is here




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Delivery Spring to Fall 2025


Prices include all taxes and tariffs as of the date of this offer.


Any taxes or tariffs imposed after this date will be due on arrival 


Free delivery within Route 128 on orders greater than $199


Order by phone at 617.367.8605, or reserve here: order@federalwine.com


           - Michael Hechler