Old timers vs new timers | Thread profile

Dave - I agree with everything you said, especially the trophy wines distancing themselves from the rest. Speaking in terms of those who have materialistic tendencies or "collector" traits", it is human nature to have something another human doesn't have. Or - to have the same that another has but more. So price sometimes isn't even an object. But in speaking of the general "good-hearted wine...

I guess I'm a tad older than most on this thread. When I started buying wines in the mid-'60s, 1955 Ch. Margaux cost $5.99. I was a student then; to make boeuf bourgogne, I bought an Aloxe-Corton by Chandon de Brailles. I was very unhappy when I had to pay, as futures, $107 for a case of 1970 Ch. Latour.

[QUOTE=Howard A. Cooper] Raveneau really worth probably about twice the price of Dauvissat? ::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::: :::::::::::: I actually prefer Dauvissat over Raveneau. TTT

Quote: Originally Posted by Howard A. Cooper In Burgundy, a few producers like Leroy, the Dugats and Coche Dury (while great) are priced at a different planet from wines of other producers. Is Coche Dury Corton Charlamagne really worth fifteen times Bonneau du Matray? Is Raveneau really worth probably about twice the price of Dauvissat? Dugat over Bachelet? Of course not. But when looking at luxury items, is price really in line with the...

Quote: Originally Posted by Kevin Shin Japan is even more matured wine market. HK and Singapore also pretty strong and Macau, albeit small buy wines like Las Vegas. Based on my observation, my wild guess is Koreans consume close to 5K to 10K bottles of first growth per year. Assuming that there are 100,000 cases of first growth per year, that is close to 1% just consumption alone and I presume 2X 3X more get cellared. I heard a rumor Dubai is...

Fine wine prices certainly seem to have outstripped inflation, but some incomes have more than matched the increases. I was lucky to have gotten in at the tail end of low prices, when there were still lots of '85-'90 Rhônes, Bordeaux, Barolo and Barbareco still around for the original release prices. $50-55 for the '85, '89 and '90 La Conseillante was a major investment for me at the time. Had I know where prices...

Another thing to consider is that, for many of the wines being discussed here, it doesn't take that many players to significantly move the market. I recall an anecdotal story from a few years back that the significant runup in prices for Le Pin which had been going on turned out to be the work of just two guys, both of whom were essentially willing to bid whatever it took to get the wine at auction. What we're seeing for these types...

Quote: Originally Posted by Dave Dyroff Edited to add: I swear I read this AFTER I posted the above: http://news.yahoo.com/s/nm/20070126.../life_home_dc_3 Hmmmm....no mention of a wine cellar in this vacation shack. I guess I'll probably pass and wait until they build a properly appointed getaway. DF

Quote: Originally Posted by Mark Chatwin The tough thing we relative new timers have to do to become true old timers is not drink our wine so that it gets to be "moldy oldy" to quote Jon. But Mark, you don't have to do this with the super-expensive bottles. If you're concerned about spending the money, be the guy who opens up aged bottles of Loire Valley whites, German Rieslings, Barbarescos, and other undervalued...

Count me as one of those who recalls how good it was, "...back in the good ol' days...." Of course, hindsight is 20/20. IIRC, there was some stretching going on to afford multiple bottles of '82 Lynch Bages -- even though it was something like $13. OTOH, I popped into Winex the other day and managed to find a case of assorted drinkables for $157. $13+/bottle? Everything old is new again. Of course it ain't...