Wine guide
Producers
Giacomo Conterno
Forget the Ferrari Modulo, and say hello to the Ferrari Conterno. Sleek, powerful and achingly covetable, Giacomo Conterno is what Italian wine enthusiasts like to call dannatamente buono. Producers of probably the best Barolo in Italy (if not the world), with seven years in cask before releasing, Giacomo Conterno’s wines are well worth waiting for.
The ideal of traditional Barolo
Three father/son generations of Conternos have paid heed to the family legacy, with each generation adding their signature style. Today it is the turn of Roberto; not only does he share his father’s talent, but he is also in the happy position whereby he can build on his grandfather’s wisdom and experience. Coupled together with an ambitious attitude and a healthy respect for tradition, and you might just be experiencing some of the finest Giacomo Conternos yet.

The famed longevity of the Monfortino Riserva is a legend in its own right. In 1920 Giacomo had just returned for WWI and needed a profession. At the time, Barolo was made for early or immediate drinking but Giacomo, ever the visionist, saw the complex structure of the grapes potential and thus created the first Barolo to be made for ageing. The first bottle he made was the 1920 Barolo Riserva, which soon became the Monfortino Riserva in honour of his village. Life carried on much the same for the next 50 plus years. Giacomo, then later with his son Giovanni, purchased grapes from the region’s lowest yielding farmers, and continued to make superlative Barolos. However, in 1974 all that changed: he purchased a 16-hectare south-west facing wheat field, with the intention of planting Nebbiolo vines. The first vintage made using his own grapes was in 1978 and the rest is history.
The best Barolo ever made?
Giacomo Contorno is famed for their two Barolos, Cascina Francia and Monfortino. Within the wines made under Giovanni’s command, we find many superb vintages; the 1964, 1971, 1978, 1985, 1996, 1999, and 2001 all spring to mind. But perhaps it was his last vintage, the 2002 that was the ultimate success. Aged for eight years in botti (cask), the Monfortino is nothing short of legendary. The only cuvée to have been produced for that year (i.e. no Cascina Francia was made), it has earned scores of fans worldwide, including the influential Antonio Galloni (while still writing for Robert Parker’s Wine Advocate) who gave it a whopping 98 points. 2019 selling prices were upwards of €500 a bottle in Europe, almost doubling in Asia and the United States. Recent vintages have yet to reach the stellar heights of the 2002, but at a release price of €60 a bottle in bond for 2019, we expect great things from this great producer.
Notable facts and vintages
  • In 2019, Giacomo Conterno’s Monfortino Riserva finds itself topping wine-searcher.com’s list for “Most Expensive Italian Wine” and is also found holding position number 83 among the same site’s list for “Top 100 Most Searched-for Wines” as well sliding into the top 10, slightly ahead of the producer’s highly desirable second wine Francia (at number 19) for “Best Italian Wines”.
  • Giacomo Conterno Francia (labelled Cascina Francia until 2009 though “Cascina” still appears on the corks in 2010) may also be labelled as a “Riserva” in particularly good years. With 2015’s vintage garnering the same aggregate score as the celebrated and pricey 2010, investors can enjoy more growth as average prices (across all vintages) have risen +33% over the two year period since June 2017.
  • 2010 Barolo Riserva Monfortino topped performances in Q1 on Liv-Ex’s Italy 100 with an increase of +13.8%. The “ultimate” 100 points given by The Wine Advocate’s Monica Larner, noting this prized riserva Barolo “is a perfect wine and there are few things I am more sure of in this life”. It’s no wonder prices have more than doubled in the two year period since June 2017.