Wine futures are a way to purchase wine still in barrel at a special price in advance of release; the French call this process en Primeur. You take a ‘bet’ on the development of the vintage and the wine. Typically, the purchase price for wine futures is lower than the release price. For most en Primeur offerings, a decision has to be made solely on a wine writer’s recommendation. However, at Joseph Phelps Vineyards, you don’t have to take our word for it or the word of a wine writer.
Insignia Futures Offer – Exclusive to members of Phelps Preferred
Phelps Preferred members have the opportunity to pre-order Insignia, our flagship wine, each year at a future’s price which is lower than the normal 20% club discount. In contrast to other wine futures, Insignia can be tasted prior to a subscription. Joseph Phelps’ track record on Insignia is stellar: 34 of 39 vintages have been rated at or above 90 points on a 100 point scale. This history reduces the gamble and allows club members to secure orders of Insignia one year before it is released to the public.
Insignia is included in all Phelps Preferred shipments and members receive exclusive futures offers.
In general, we begin our Futures Program on April 1st of each year. During Insignia Weekends, our Phelps Preferred members have an opportunity to taste a barrel sample of the Insignia vintage available for the Futures Program. Barrel samples continue to be made available on a daily basis at Joseph Phelps Vineyards through the June 30th deadline for ordering.
If you would like to join Phelps Preferred to become eligible for Insignia futures, click on the Membership form. If you have any questions, please contact Customer Service at (800) 707-5789 or by e-mailing email@example.com.
Note: Bottles of Insignia purchased on the futures offer are delivered in November the year following purchase. For example, wine purchased during the 2014 Insignia Futures program, which expired on June 30, 2016, will be delivered in November, 2017.
"Joseph Phelps was one of the great visionaries of Napa Valley. His legacy is one of extraordinary quality. He was one of the first to see the merit in blending, which his legendary Insignia, which first debuted in 1974, has proven year after year. It remains one of the world’s finest Cabernet Sauvignon-dominated blends." -Robert Parker
An Insignia video from Robert Parker, Jr. of The Wine Advocate.