J.F. Mugnier Chambolle-Musigny, price question
I know this is a standout villages wine year in and year out (not unexpected with about half of it comprised of declassified premier cru juice and nearly all of it from old vines), is likely the best produced in Chambolle and is among the strongest produced in the entire Côte de Nuits. Still, the price is a shocker for a wine at the villages level. The lowest I've seen the 2001 is ~$100 and the 2005 seems to be $125 and up. While Domaine J.F. Mugnier produces some of the finest red Burgundies, the prices for their entry-level bottlings seem awfully high. The 2001 is drinking wonderfully regardless of the price, but has anyone found this wine for less?
Perhaps Mugnier's Nuit-Saint-Georges Clos de la Maréchale represents better QPR. Unfortunately, QPR in Burgundy seems to fail in comparison to other regions.
"QPR in Burgundy seems to fail in comparison to other regions"
It took 1000 years for the Cistercian monks to develop what we now call "Burgundy" and take it to its current levels. Just think of the prices a modern corporation would have to charge to recoup a 1000 years investment.
By that rationale, some of the sites in the Mittelrhein which were planted by the Romans and have 2000 years of viniculture behind them should cost twice as much. There are many areas of France that have 1000 years of wine making behind them, but pricing is ultimately--as BradB above points out--about the market.