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2013 Ca'Marcanda (Gaja), Camarcanda, Bolgheri DOC

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$583
Ca'Marcanda (Gaja), Camarcanda, Bolgheri DOC 10996892013

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Critics Scores

WINE SPECTATOR
95

Wine Spectator

Very Bordeaux-like, this red offers plum, cherry, coffee, green olive and spice aromas and flavors. Taut and dense, with a long, fresh finish that exudes cedar, sandalwood and green olive notes. Merlot, Cabernet Sauvignon and Cabernet Franc. Best from 2018 through 2030.

ROBERT PARKER'S WINE ADVOCATE
95

Robert Parker's Wine Advocate

Angelo Gaja and his daughter Gaia Gaja don't make Bolgheri Superiore wines, although this wine qualifies as such. The 2013 Bolgheri Rosso Camarcanda shows the pedigree of the vintage and the importance this top shelf wine deserves. This is an exceptional blend of Merlot with Cabernets Sauvignon and Franc that is challenging to taste next to the 2014 Magari, which is so radically different. Camarcanda reveals Gaja's signature touch with full and generous fruit layers that are backed by spice, leather, tobacco and lovely succulence. The wine is integrated and smooth with long-lasting favors and beautiful tannin management. Despite its heft, the wine is elegant and silky through and through.

JEB DUNNUCK
93

Jeb Dunnuck

The 2013 Camarcanda is the last vintage with Merlot and is 50 Merlot, 40 Cabernet Sauvignon, and 10 Cabernet Franc. While they didn’t bottle this cuvee in 2014, going forward, it will move towards a Cabernet Sauvignon dominated release with the idea to be 80 Cabernet Sauvignon and 20 Cabernet Franc. The 2013 is a terrific wine and gives up tons of plum and black cherry fruits, notes of gravelly earth, and tobacco. Possessing medium to full-bodied richness, some obvious oak, impressive concentration, and a great finish, give bottles a few years and enjoy over the following 15+.

Region Summary

Tuscany is one of the most iconic and prolific wine regions. It’s home to celebrated newcomers like Super Tuscans, as well as revered sub-regions steeped in centuries of tradition like Chianti and Brunello di Montalcino. The wide selection of age-worthy wines combined with affordable entry prices and strong historical performance makes Tuscany the rare region with something for everyone.

Why We're Investing

Tuscany is an embarrassment of riches. The idyllic Mediterranean climate plays host to many of Italy’s more than 350 authorized grapes. That includes native varieties like sangiovese as well as international staples like cabernet sauvignon, merlot, and syrah. The inherent diversity gives local winemakers the ultimate viticultural sandbox. The best example of Italian innovation is the Super Tuscan. First released in the 1970s, the red wine blends native grapes with international ones unsanctioned by the Italian legal system. Eventually, this style became so popular that lawmakers yielded and gave Super Tuscans their own designation. Today, Super Tuscans, such as Sassicaia, Solaia, Ornellaia, and Tignanello, rank among the most sought-after wines on the secondary market. Tuscany is far from a one-trick pony, though. Brunello di Montalcino has an ever-expanding global audience. With the success of the 2015 and 2016 vintages, estates like Biondi Santi, Casanova di Neri, and Poggio di Sotto have become household names. Meanwhile, Chianti has undergone its own renaissance. In 2011, it had zero labels traded on the secondary market. Today, buyers have dozens of Chianti options such as Castello di Ama and Fontodi. Critics have taken notice of Tuscany, too. James Suckling called Masseto his Winery of the Decade, with its pure merlot heralded as “the Petrus of Tuscany.” That’s not all. Robert Parker’s Wine Advocate has given Italian wines more perfect scores than all but three countries. The positive reviews are a good omen since Tuscan wines have a strong correlation with critic scores. Now, wine buyers should be hearing alarm bells in their heads. “High quality wines. International demand. Glowing critic scores. These wines must cost a fortune.” Not so fast. Tuscany offers the second most affordable entry point into the fine wine market, behind only the Rhône. In fact, its reasonable prices and high quality have allowed Tuscany to siphon interest from merchants and collectors away from stalwarts like Burgundy and Bordeaux.

What's the Latest

This tectonic shift is best seen in the secondary market. In 2013, Italy accounted for less than 2 of trade by value. By 2018, it reached 8.5 and today enjoys a double-digit share of the market. That makes Tuscany the most traded wine region outside of France. Even with a volatile global economy, the Liv-ex Italy 100 index notched 9.2 growth in 2022. That ranks third amongst all indices last year. It gets even better. As the name suggests, the index features a range of wines from Italy. The Tuscan components - such as Masseto, Sassicaia, and Solaia - outperformed their counterparts from Piedmont during that span, 12.2 to 5.3. When the economy slowed in 2022, buyers flocked to invest in Super Tuscans. Their blend of history, high liquidity, and strong relative value made Super Tuscans attractive portfolio diversifiers. The red wine had such high demand that it accounted for a whopping 22.1 of all Italian wines traded on the secondary market.

Looking Forward

If the future of the fine wine market were summarized in one word, it would be “broadening.” Ten years ago, Bordeaux had a stranglehold on the industry, accounting for 96 of trade. In recent years, that grip has loosened as buyers seek out great wines from other regions, including Tuscany. The increased interest has resulted in the number of traded Tuscan labels doubling every two years. There’s no reason to think that trend will slow anytime soon. Super Tuscans have cemented the region at the highest echelon of fine wine, while Brunello di Montalcino and Chianti keep buyers coming back for more. Tuscany is also well-positioned to handle the climate crisis. The Mediterranean climate and undulating landscape should mitigate some of the severe consequences of a constantly warming planet. The region’s widespread embrace of sustainable practices doesn’t hurt, either. Time will tell how the heat and rain, or lack thereof, will impact Tuscan viticulture. For now, the region’s future remains as bright as ever.