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$GROS
2015 Giovanni Rosso, Barolo, Cerretta
Bottle size (ML)
Current price
$330
Start Your Wine Collection with 2015 Giovanni Rosso, Barolo, Cerretta
Begin your portfolio with a prestigious wine that has a history of growth.- Enjoy fully managed, secure storage facilities with insurance coverage.
- Get expert advice on when to hold and when to sell.
Critics Scores
Wine Spectator
Fresh, offering cherry, strawberry, rose and white pepper aromas and flavors. Graceful, yet with ample grip on the long, dense and dusty finish. Captures the best of the vintage. Best from 2022 through 2040.
Robert Parker's Wine Advocate
The Giovanni Rosso estate makes some very pretty wines from the Serralunga d'Alba subzone in the Barolo appellation. This classic wine, the 2015 Barolo, provides a good introduction to the distinct taste profile shared by the two single-vineyard wines, Cerretta and Serra, also reviewed here. However, this wine hails from the warm and sunny 2015 vintage and supplies a greater kick of soft cherry fruit and rich concentration when compared to the more streamlined, long-term 2016 vintage. Those dark primary fruit aromas, the acidity and the tannic imprint are all beautifully measured to the enhanced intensity of this pretty and well-priced 2015 Barolo.
Wine Enthusiast
Camphor, wild berry, blue flower and brown spice aromas lead the way. The taut palate shows cranberry, pomegranate, baking spice and a hint of chopped mint alongside fine-grained tannins and fresh acidity.
James Suckling
Dried oranges, rose petals, citrus and fresh herbs. Medium to full body, grainy tannins and a spice-driven, flavorful finish. Drink in 2021.
Region Summary
Critics and collectors have anointed Piedmont (or Piemonte locally) the “Burgundy of Italy,” and with good reason. The region shares a border with France and has adopted many of its neighbor’s more modern winemaking philosophies. Today, local winemakers display a borderline-obsessive focus on small-batch, artisanal wines such as Barolo and Barbaresco.
Why We're Investing
There’s a not-so-secret recipe to produce highly collectible wine. It’s called the law of supply and demand. Piedmont is one of the few regions to have mastered it. Let’s start with supply. Piedmont has earned comparisons to Burgundy for its rarity and exclusivity. Estates primarily produce single-grape wines in minuscule quantities from specialized vineyards. Nebbiolo is the grape of choice in Piedmont, whereas Burgundy favors pinot noir. Take Barolo, for example, an ultra-age-worthy nebbiolo known as the ‘wine of kings and king of wines.’ The sub-region, which produces a wine of the same name, spans fewer than 5,000 acres. That is roughly the size of Burgundy’s Côte de Nuit. Barbaresco is even smaller at one-third the size. Because of the compact geographic area and estates’ commitment to small-scale winemaking, even the most popular Barolo and Barbaresco are constantly in limited supply. The second factor is demand. Like Burgundy, Piedmont has strung together multiple outstanding vintages, most notably in 2010, 2013, 2015, and 2016. Critics have taken note, too. In an interview with Liv-ex, Antonio Galloni said, “interest for Barolo and Piedmont has never been higher.” Glowing critic scores have led to a swell in demand for Piedmontese wine, especially for internationally renowned names like Gaja and Giacomo Conterno. Now, here is where the similarities between Burgundy and Piedmont end. While Burgundy dominates any list of the most expensive wines, Piedmont remains relatively affordable and under the radar. That’s despite the two regions’ comparable critic scores, wine quality, and centuries of tradition. Top Barolo and Barbaresco are roughly a quarter of the price of red Burgundy and half the price of first-growth Bordeaux. The reason? Most of the vineyards in Piedmont are family-owned. Meanwhile, other prominent wine regions, like Napa Valley and Tuscany, have grown through corporate investments that have resulted in corresponding price surges. This dichotomy makes Piedmont an enigma. Even though the region has some of the world’s top cult estates, most of its wines have relatively affordable price tags and attractive value. As a result, anyone looking to access the fine wine market without spending a fortune can take solace in Piedmont.
What's the Latest
Tuscany has long been the bellwether of the Italian fine wine market. That’s changing. Piedmont continues to gain market share thanks to its brand strength and consummate quality. According to Liv-ex, Piedmont accounts for 43.4 of Italy’s total trade, a figure that was a mere 11.4 in 2015. The surge in interest has corresponded with a rise in prices for top Piedmontese wine. The Liv-ex Italy 100 index recorded 9.2 growth in 2022, the third-best market among all indices last year. That’s no fluke, either. The Italy 100 has grown 303 in its first 19 years, which translates to an average annualized return of 7.58.
Looking Forward
Piedmont may be small, but it is mighty. It has all the hallmarks of an investment-worthy region, including brand equity, consistent quality, and low volume. Each year, more critics and collectors recognize that Piedmont’s top wines are on par with elite ones in France and California, and the prices have followed. Collectors would be wise to add Piedmontese wines while prices remain accessible. Piedmont has made impressive strides in the last decade and should benefit from technological innovations like transparent marketplaces and automated trading. This modernization would bring more attention to the region and improve liquidity. If volume and value continue their upward trend, look for Piedmont to close the gap on Tuscany in trade share in the coming years.