Wine pricing

[temeculaguy]

It is falling, as much or more than the rest of the economy.

http://news.yahoo.com/s/nm/20081111/lf_nm_life/us_wine_crisis_1

costco is the largest retailer of wine in the world, piggyback on their volume, their markup is very slim. Different locations stock different higher end stuff in the glass enclosure in the wood racks, online it is even different.

calwine.com has good prices, they were the only online retailer that matched costco in certain random selections and they have a better variety. For example a 1998 vueve grande dame cost me $125 at costco, they were the only one I could find to be under $130 of the dealers, most were over $150. They still don’t have a huge selection but enough, I was dissapointed that they carry three molly dookers but are out of “carnival of love” which was $80 when they had it. Nectar of the gods.

Costco also has exclusive rights to cameron hughes, good stuff in the $10-20 range.

Personally, I have a regional palate, and have yet to find a bordeaux that matches the better CA wines when I blind taste. I have some moutons aging that i have high hopes for, but the holy grail for this econimic downturn is a 1973 Stag’s Leap Faye, I’ve seen dozens of them in the private locker’s at Morton’s steakhouse, it’s a matter of time before they find there way to the auction houses.

Lastly, my wine tip of the season for taking to holiday parties. Ghost Pines Merlot, 13.99 at costco in the wood crate area ($20 in grocery stores). As bold as any cab, it will smoke anything under $30 in blind tasting. I loved it and I usually dislike merlot. I went to a blind sub $30 tasting with 25 bottles, it didn’t just win, it pulvurized the competition, 23 first place votes out of 25 votes from a varied group, newbies to experts. I’ve heard similar stories from others. It won’t get 2 buck chuck buzz amongst the masses because it is in a more crowded field, but if you are a wino or are going to dinner at a wino’s house, bring one.

[temeculaguy]

I spoke too soon, costco is really the only option when value is concerned. Unfortunately they have no bordeaux’s online for california right now.

case study

orange label vueve in a cute traveller kit with glasses.

costco california, oregon and new mexico residents $49.99

http://www.costco.com/Browse/Product.aspx?Prodid=11199472&whse=BC&Ne=4000000&eCat=BC|3605|20571|3616|64081&N=4034111&Mo=14&pos=0&No=10&Nr=P_CatalogName:BC&cat=64081&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&ec=BC-EC14181-Cat3616&topnav=

costco washington resident $84.99

http://www.costco.com/Browse/Product.aspx?Prodid=11215827&whse=BC&topnav=&browse=&lang=en-US

other than those 4 states, you cant buy wine online from costco

Cal wines-no matter where you live $89.99

for some reason, cal residents get 40% off at costco. I knew there was a reason i lived here.

[temeculaguy]

I spoke too soon, costco is really the only option when value is concerned. Unfortunately they have no bordeaux’s online for california right now.

case study

orange label vueve in a cute traveller kit with glasses.

costco california, oregon and new mexico residents $49.99

http://www.costco.com/Browse/Product.aspx?Prodid=11199472&whse=BC&Ne=4000000&eCat=BC|3605|20571|3616|64081&N=4034111&Mo=14&pos=0&No=10&Nr=P_CatalogName:BC&cat=64081&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&ec=BC-EC14181-Cat3616&topnav=

costco washington resident $84.99

http://www.costco.com/Browse/Product.aspx?Prodid=11215827&whse=BC&topnav=&browse=&lang=en-US

other than those 4 states, you cant buy wine online from costco

Cal wines-no matter where you live $89.99

for some reason, cal residents get 40% off at costco. I knew there was a reason i lived here.

[temeculaguy]

I spoke too soon, costco is really the only option when value is concerned. Unfortunately they have no bordeaux’s online for california right now.

case study

orange label vueve in a cute traveller kit with glasses.

costco california, oregon and new mexico residents $49.99

http://www.costco.com/Browse/Product.aspx?Prodid=11199472&whse=BC&Ne=4000000&eCat=BC|3605|20571|3616|64081&N=4034111&Mo=14&pos=0&No=10&Nr=P_CatalogName:BC&cat=64081&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&ec=BC-EC14181-Cat3616&topnav=

costco washington resident $84.99

http://www.costco.com/Browse/Product.aspx?Prodid=11215827&whse=BC&topnav=&browse=&lang=en-US

other than those 4 states, you cant buy wine online from costco

Cal wines-no matter where you live $89.99

for some reason, cal residents get 40% off at costco. I knew there was a reason i lived here.

[temeculaguy]

I spoke too soon, costco is really the only option when value is concerned. Unfortunately they have no bordeaux’s online for california right now.

case study

orange label vueve in a cute traveller kit with glasses.

costco california, oregon and new mexico residents $49.99

http://www.costco.com/Browse/Product.aspx?Prodid=11199472&whse=BC&Ne=4000000&eCat=BC|3605|20571|3616|64081&N=4034111&Mo=14&pos=0&No=10&Nr=P_CatalogName:BC&cat=64081&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&ec=BC-EC14181-Cat3616&topnav=

costco washington resident $84.99

http://www.costco.com/Browse/Product.aspx?Prodid=11215827&whse=BC&topnav=&browse=&lang=en-US

other than those 4 states, you cant buy wine online from costco

Cal wines-no matter where you live $89.99

for some reason, cal residents get 40% off at costco. I knew there was a reason i lived here.

[temeculaguy]

I spoke too soon, costco is really the only option when value is concerned. Unfortunately they have no bordeaux’s online for california right now.

case study

orange label vueve in a cute traveller kit with glasses.

costco california, oregon and new mexico residents $49.99

http://www.costco.com/Browse/Product.aspx?Prodid=11199472&whse=BC&Ne=4000000&eCat=BC|3605|20571|3616|64081&N=4034111&Mo=14&pos=0&No=10&Nr=P_CatalogName:BC&cat=64081&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&ec=BC-EC14181-Cat3616&topnav=

costco washington resident $84.99

http://www.costco.com/Browse/Product.aspx?Prodid=11215827&whse=BC&topnav=&browse=&lang=en-US

other than those 4 states, you cant buy wine online from costco

Cal wines-no matter where you live $89.99

for some reason, cal residents get 40% off at costco. I knew there was a reason i lived here.

[34f3f3f]

I’ve been using a broker to invest in high end wines for the last few years, and it has only been more recently that they made any money. You’d be better off investing in wine storage to be honest. The other rule is don’t invest in wine unless you can afford to drink it, which is what you may end up (having to do) doing. My view is wine belongs to the world of investments occupied by the likes of art, antiques and vintage cars where premium prices are paid most of which (imo) comprises ‘snob’ value. Interestingly enough I was recently in Morocco and India, both of which are now wine (quite palatable) producers. No doubt Bollywood will produce it’s own Bottle Shock as climate change redraws the wine growing map.

Sante!

[34f3f3f]

I’ve been using a broker to invest in high end wines for the last few years, and it has only been more recently that they made any money. You’d be better off investing in wine storage to be honest. The other rule is don’t invest in wine unless you can afford to drink it, which is what you may end up (having to do) doing. My view is wine belongs to the world of investments occupied by the likes of art, antiques and vintage cars where premium prices are paid most of which (imo) comprises ‘snob’ value. Interestingly enough I was recently in Morocco and India, both of which are now wine (quite palatable) producers. No doubt Bollywood will produce it’s own Bottle Shock as climate change redraws the wine growing map.

Sante!

[34f3f3f]

I’ve been using a broker to invest in high end wines for the last few years, and it has only been more recently that they made any money. You’d be better off investing in wine storage to be honest. The other rule is don’t invest in wine unless you can afford to drink it, which is what you may end up (having to do) doing. My view is wine belongs to the world of investments occupied by the likes of art, antiques and vintage cars where premium prices are paid most of which (imo) comprises ‘snob’ value. Interestingly enough I was recently in Morocco and India, both of which are now wine (quite palatable) producers. No doubt Bollywood will produce it’s own Bottle Shock as climate change redraws the wine growing map.

Sante!

[34f3f3f]

I’ve been using a broker to invest in high end wines for the last few years, and it has only been more recently that they made any money. You’d be better off investing in wine storage to be honest. The other rule is don’t invest in wine unless you can afford to drink it, which is what you may end up (having to do) doing. My view is wine belongs to the world of investments occupied by the likes of art, antiques and vintage cars where premium prices are paid most of which (imo) comprises ‘snob’ value. Interestingly enough I was recently in Morocco and India, both of which are now wine (quite palatable) producers. No doubt Bollywood will produce it’s own Bottle Shock as climate change redraws the wine growing map.

Sante!

[34f3f3f]

I’ve been using a broker to invest in high end wines for the last few years, and it has only been more recently that they made any money. You’d be better off investing in wine storage to be honest. The other rule is don’t invest in wine unless you can afford to drink it, which is what you may end up (having to do) doing. My view is wine belongs to the world of investments occupied by the likes of art, antiques and vintage cars where premium prices are paid most of which (imo) comprises ‘snob’ value. Interestingly enough I was recently in Morocco and India, both of which are now wine (quite palatable) producers. No doubt Bollywood will produce it’s own Bottle Shock as climate change redraws the wine growing map.

Sante!

[Allan from Fallbrook]

qwerty: Funny you should mention vintage cars. I had a friend up in SF pay $70k for a 1970 Boss 302 back in 2004. He’s trying to unload it now and having a helluva time doing so.

I remember looking at a 1969 Mach I 428CJ that was selling for nearly $90k a few+ years back and laughing my ass off. That’s the car I drove in high school and I paid $1,900 for mine in 1981. It cost another $4k to restore it back then and I sold it for $11k in 1991 (down payment on my first house).

Prices on asset classes and values are tumbling all over.

[Allan from Fallbrook]

qwerty: Funny you should mention vintage cars. I had a friend up in SF pay $70k for a 1970 Boss 302 back in 2004. He’s trying to unload it now and having a helluva time doing so.

I remember looking at a 1969 Mach I 428CJ that was selling for nearly $90k a few+ years back and laughing my ass off. That’s the car I drove in high school and I paid $1,900 for mine in 1981. It cost another $4k to restore it back then and I sold it for $11k in 1991 (down payment on my first house).

Prices on asset classes and values are tumbling all over.

[Allan from Fallbrook]

qwerty: Funny you should mention vintage cars. I had a friend up in SF pay $70k for a 1970 Boss 302 back in 2004. He’s trying to unload it now and having a helluva time doing so.

I remember looking at a 1969 Mach I 428CJ that was selling for nearly $90k a few+ years back and laughing my ass off. That’s the car I drove in high school and I paid $1,900 for mine in 1981. It cost another $4k to restore it back then and I sold it for $11k in 1991 (down payment on my first house).

Prices on asset classes and values are tumbling all over.

[Allan from Fallbrook]

qwerty: Funny you should mention vintage cars. I had a friend up in SF pay $70k for a 1970 Boss 302 back in 2004. He’s trying to unload it now and having a helluva time doing so.

I remember looking at a 1969 Mach I 428CJ that was selling for nearly $90k a few+ years back and laughing my ass off. That’s the car I drove in high school and I paid $1,900 for mine in 1981. It cost another $4k to restore it back then and I sold it for $11k in 1991 (down payment on my first house).

Prices on asset classes and values are tumbling all over.

[Author]

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