Unbeatable value-for-money-ratio at around 30 € for an all-sherry-matured ten-year-old.
Lovely refill sherry (mainly American oak) nose, with chewy, light-brown caramel and wild flowers in the lead, accompanied by a sweet citrus note, like a juice freshly squeezed out of very ripe oranges. Very light but lovely wood notes behind it all. Sultanas, a bit of sweet pear and/or grape juice, some marzipan. The sherry influence is so clean and immaculate that it noses older than its 10 years. Blind I'd probably have guessed that this was 12-15 years old.
Very soft and light texture, perhaps a bit too watery even at 43% (to say nothing of the 40%-version). From the mid-palate onwards, there's some alcoholic heat that the 12-year-old doesn't have, so I guess that's the youth showing (the 40%-version, from what I remember, has zero heat through, unsurprisingly). Very chocolate-y. Lovely clean Oloroso notes throughout, with some white-pepper bite toward the finish.
Some 30-plus seconds after swallowing, there are still some pockets of heat found flaring up in distant corners of the inside of my mouth. Apart from that, some milk chocolate and grape / orange sweetness. Very (and I mean *very*) little dryness and no oak whatsoever, it's basically all just juicy sweetness.