[Dibao Resale Case] A Collector Changes Direction: Château Pavie and Angélus 2005
A 50-year-old Central hedge-fund manager with nearly 20 years of collecting experience shifted his cellar toward Leroy and DRC. This case records h...
In This Article
Every fine-wine collection has a personal history. This case concerns Mr Tang, a senior finance executive in Central, who chose to sell not because of an urgent need for funds or plans to leave Hong Kong, but because his tastes had changed.
Seller Background and Motivation for Selling
- Seller Profile: Mr Tang, age 50, is a hedge-fund manager with nearly 20 years of wine-collecting experience.
- Reason for sale: Mr Tang had long collected Bordeaux from both banks. In recent years, his palate shifted toward Burgundy's finesse, and he wanted space in his professional Wong Chuk Hang cellar for newly acquired Leroy and DRC He therefore released part of his mature Bordeaux collection, freeing cellar space and capital.
Evaluation Process: Encountering the 2005 Right Bank Legend
Mr Tang found Dibao through a web search. After an initial WhatsApp discussion, the source case records a scheduled visit to his professional cellar for an on-site appraisal; future availability and terms remain case-specific.
When the temperature-controlled cellar opened, Mr Tang presented two groups of leading 2005 Right Bank wines: 2005 vintage Château Pavie and 2005 Château Angélus. These were the two groups presented in the source case.
The source describes 2005 as a celebrated Bordeaux vintage with ripe, age-worthy wines. The appraiser reviewed each bottle's physical condition:
- Fill Level: All bottles were recorded at Into Neck, consistent with careful storage.
- Label: Clean, clear and without visible mould in the case record.
- Capsule: Intact, with no signs of any leakage (Seepage).
Mr Tang's cellar was maintained at 12-14°C and around 70% humidity. The source says this provenance and storage history supported the agreed case valuation, but the private result is not a benchmark for another collection.
Wine and Condition Record
The case record lists the following wines:
| Product Name (Winery) | Year | Region / Classification | Quantity | Condition Recorded in the Case |
| Château Pavie | 2005 | Saint-Émilion, Right Bank Bordeaux / Premier Grand Cru Classé | 6 bottles | High fill levels, clean labels, intact capsules and professional temperature-controlled storage recorded. |
| Château Angélus | 2005 | Saint-Émilion, Right Bank Bordeaux / Premier Grand Cru Classé | 3 bottles | High fill levels, clean labels, intact capsules and professional temperature-controlled storage recorded. |
The source notes Robert Parker's 100-point rating for Château Pavie 2005 and describes both Pavie and Angélus as entering an attractive drinking period. That statement is not a forecast of investment return.
Why Did Mr Tang Choose Dibao?
The case account records payment by bank transfer after the wines, terms and inspection had been agreed. Mr Tang contrasted the completed direct transaction with the auction process he had considered; this historical account does not set a timetable or payment method for future cases.
For Dibao, the value of this work lies in helping a collector adjust a cellar while carefully transferring wines stored for nearly 20 years. The next assessment will still depend on its own bottles, evidence and agreed terms.
Common Questions
Q1: Can a small number of bottles be reviewed? A: A single rare bottle or an original wooden case (OWC) can be considered. Wine identity, condition, provenance and current demand matter alongside quantity.
Q2: How is a resale quote assessed? A: The review considers dated market references such as available Liv-ex data, the vintage, format, fill level, label, capsule, storage and provenance. A quote is bottle-specific and subject to inspection.
Q3: When and how is payment arranged after terms are agreed? A: After the price, identity and physical inspection are agreed, the parties confirm the settlement method and timing for that case, which may include cash, FPS or bank transfer.
Q4: Can I request an initial review before knowing the value? A: Send clear front-label, back-label, capsule and fill-level photographs by WhatsApp or WeChat. The team can review the evidence and discuss a preliminary, non-binding indication; availability and timing are confirmed case by case.
Contact Dibao: An Evidence-Led Review for a Fine-Wine Collection
Collectors considering the sale of wine, Champagne or whisky, or a change in cellar direction, may contact Dibao with an inventory and photographs. Any on-site appraisal or handover is arranged for the individual case.
- WhatsApp: 96737259
- Tel: 852 96737259
- WeChat: Sam96737259
Dibao provides a documented appraisal and acquisition process focused on the wine, evidence and agreed terms.
Prepare the bottle details and photographs for a careful first review.
Further Reading for Bordeaux Collections
- Further reading from this Pavie and Angélus 2005 case: recent collection and resale context for Angélus, Ausone and Pavie - adds vintage, condition and market-context considerations for Ausone.
- Related Right Bank comparison: Angélus, Ausone and Pavie in the secondary market - compares the distinct market histories of Angélus and Ausone.
- Related case from this Pavie and Angélus article: a transfer of leading Bordeaux wines - a cross-reference for assessing a Bordeaux collection.
- Classification context: the market discussion after Château Angélus withdrew from the 2022 Saint-Émilion classification - adds classification and market context to the case.
Send label, vintage, volume, capsule and fill-level photos. Di Bao Wine will review the visible condition and current demand.
