Skip to content

We ship internationally to over 50 countries !International Shipping to over 50 countries    |     Trade Customer?    Placing a large order?    Just need advice?    Please call +44(0) 1225 863988

Hermitage Pre 1900 Cognacs

Provenance

There are hundreds of small cognac houses, most sell their young brandies to the big houses, but a few keep their special treasures tucked away for those who appreciate the golden nectar. 

Hermitage Cognac Limited has, for decades, sourced cognacs from the very finest producers in the Premier Cru of cognac, known as Grande Champagne.  Perhaps because of our exposure to many small family creators of fine brandies, we occasionally find cognacs hidden away in family cellars, often referred to as ‘Paradis’.   These innermost chambers house small batches of cognac in glass bonbonnes and sometimes contain cognacs that were made more than one hundred years ago.  These cognacs may have lived in their barrels for decades, and some, because of how they were made and aged, will be the perfect nectars that we are proud to call Hermitage.

Old cognacs are rare, and cognacs made before 1900 are exceptionally rare.  Cognacs are produced in France.  Nowhere else in the world is allowed to call their brandy ‘cognac’. The available quantity of cognac made before 1900 is miniscule and consequently, the value of these old vintages is increasing. We do not know how many more old and desirable cognacs we will find. But what we do know is that when they are all sold, the value of those still in circulation will rise alarmingly.

Hermitage pre 1900 Cognacs

Vintage Cognac Values

During the 1990s individual bottles of vintage cognac, from as early as 1790, were available in the marketplace for between £1500 to £2000.  Cognacs from 1800 – 1860 could be purchased for between £1200 – £1700.

By 2015, very early bottles from before 1800, were being sold for £27,000 and cognacs from 1800 to 1860 for £12,000 to £19,000.

Within the last 5 years, two imperial three quarter gallon bottles of Massougnes, which in 2000 sold for £7000, sold in London for £246,000 each.

The acceleration of cognac values since 2015 leaves us in little doubt that by the end of the decade, prices will have doubled again.

Our Offering

In addition to purchasing our Hermitage Pre 1900 Cognacs in bottles, we also offer the range in glass bonbonnes.  Each vintage can be purchased in either 10 litre or 30 litre bonbonnes.

Cognac Investment – The Time Is Now

Cognac InvestmentCraft Vintage Cognacs are rare and finding them is a specialist business as they are unique, and the level of luxury sought is only found in a few of the very finest and oldest cognac firms.  Vintage Premier Cru cognacs are in extremely limited supply. Very good, award-winning cognacs are even more rare which is why Hermitage Premier Cru Vintages are not generally available in the wider volume markets. The secret is to find the cellars that still house some of the oldest and rarest nectars still in existence.  Many of them belong to families who have, for generations, been producing cognacs.  These cognacs have been allowed to gradually mature through the ages, masterpieces forgotten in time.  Each special vintage is highly valuable and sealed in glass to preserve its greatness and value for future generations – a superb cognac investment.

Today, increasing demand in the rapidly growing cognac market means that single estate vintages from the top crus are largely swallowed up into generic blends of indeterminate age and quality, their youthfulness obscured by syrups and caramel additives. Less is kept back by individual producers for the family cellars and much of that which is retained, is sold at a relatively early age.

Cognac investmentRecent sales of some rare vintages have only served to highlight the value of old vintage cognacs. Prices of more than £200k a bottle were achieved on two occasions and we have seen other mouth-watering prices being paid. But not only have the prices of early pre-Phylloxera cognacs increased, so have the prices of more recent vintages and well-aged cognacs of 60 – 80 years as their availability decreases.  It is clear to the experienced cognac specialist that availability of the older ages is on the decline with some of the ‘grand marques’ supplied by the big houses already using lower aged cognacs from lesser crus in their blends.  Over the last 5 – 10 years, we have also seen the prices of some well-known commercial cognacs double. Bottles of Remy Louis XIII, which doesn’t even have an age statement, sold for about £1200 six or seven years ago but can now fetch more than £2500.  Richard Hennessy sold with a trade price in 2017 of around £1500 sells today at £3500 again, it has no age statement.  Clearly this is working to the producers’ advantage as the cognac barrel ages are almost certainly in decline.

Premier cru cognacs from the Champagnes are slow in ageing and naturally aged cognacs from this area will take fifty or more years in cask to develop their natural qualities.  Some form of age statement will provide the clearest indication of quality, and therefore value, since age and value are inextricably linked.  It is little wonder that clients with larger disposable assets are now investing in these extremely rare, older vintage cognacs. The time to do this is now for we do not know how much longer will we continue to find these old ‘rancio’ brandies that have matured to a rich and valuable glory.