A blue-blooded red

2011 Esterházy, Estoras, Burgenland, Austria (£9.95, From Vineyards Direct, 020-7549 7900, www.fromvineyardsdirect.com).

This week’s red wine is distinctly blue-blooded and, on the basis of three wines tasted recently, I have a feeling that the Esterházy estate is teetering on the edge of superstardom.

The Esterházys, who employed Haydn for 30 years as court composer, have been making wine since the early 18th century. According to the history books, both Empress Maria Theresa of Austria and Goethe were especially fond of their wines and Haydn enjoyed them so much that he asked for his salary to be partly paid in wine (he was always one of my favourite composers and now I know why).

The labels of the Estoras wines depict the Golden Fleece, the highest chivalric order of the Burgundian kings and Habsburg emperors. I was particularly taken with the 2011 Grüner Veltliner (£11.85), with its pinpoint citrus and white-pepper nose and sleek, sultry palate.

My chosen red is a remarkable wine made from blaufränkisch, cabernet and merlot. The crunch of acidity which underpins this violet and blueberry-scented wine is thrilling.

I have a feeling that, with the sub-tenner price, the wine is not going to hang around on the shelves for long, so get on the phone presto!

• Matthew Jukes is a winner of the International Wine & Spirit Competition’s Communicator of the Year (www.matthewjukes.com).

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
Heading higher?

Or are house prices set to fall?

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Russell Napier: deflation is coming – hold on to your cash

Financial historian Russell Napier talks to Merryn Somerset Webb about the next deflationary bust – why it's coming, what it means for you, and how you can survive it.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


27 November 1924: Macy's first Thanksgiving Day parade

On this day in 1924, New York department store Macy's held its first Thanksgiving Day parade. It would soon become a city institution, kicking off the run-up to Christmas.