You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
TN: Last nights Syrah/Shiraz and Tokaj
- Thread starter David from Switzerland
- Start date
Cristian Dezso
Cristian Dezso
Wow. I am wondering if it is a mistake or what... By the way I never followed Marengo - what side of the fault line does he lie on?
Tom Glasgow
Thomas W Glasgow
everyone likes a bargainoriginally posted by Christian Miller (CMM):
Yeah, if the 04 Giacosa RdF Riserva is not moving at $500, then you can see discounts of 30%, and this brings the wine to $350.
I find it hard to digest the notion of "economizing" by buying a wine at $350 rather than $500. You'd assume that people who buy that kind of wine have so much money that such discounts are hardly noticeable.
Cristian Dezso
Cristian Dezso
originally posted by Tom Glasgow:
everyone likes a bargainoriginally posted by Christian Miller (CMM):
Yeah, if the 04 Giacosa RdF Riserva is not moving at $500, then you can see discounts of 30%, and this brings the wine to $350.
I find it hard to digest the notion of "economizing" by buying a wine at $350 rather than $500. You'd assume that people who buy that kind of wine have so much money that such discounts are hardly noticeable.
Exactly. I think your assumption is probably half right: for some people it doesn't matter, for others it does. For me it does A LOT. I never bought a red label before as I never had the money. Now I am a little better off and I might buy a bottle or two, but I will not go beyond $350 under any circumstance. It's a hell of a lot of money. I know it appears a pittance compared to what top bordo and burgundy is selling for, and so it might be a deal in relative terms. But screw the deal, it still is a lot of money. So...
originally posted by Cristian Dezso:
Wow. I am wondering if it is a mistake or what... By the way I never followed Marengo - what side of the fault line does he lie on?
Modern with oak, but not other spoof like roto's and enzymes, IIRC.
I like the 1996 but have only tasted and bought sporadically since then. I find the wines suave and fragrant in the La Morra way. Brunate may be the most "Burgundian" of Cru.
The Vecchia Vigne is well reviewed by Tanzer, FWIW.
originally posted by Cristian Dezso:
originally posted by Tom Glasgow:
everyone likes a bargainoriginally posted by Christian Miller (CMM):
Yeah, if the 04 Giacosa RdF Riserva is not moving at $500, then you can see discounts of 30%, and this brings the wine to $350.
I find it hard to digest the notion of "economizing" by buying a wine at $350 rather than $500. You'd assume that people who buy that kind of wine have so much money that such discounts are hardly noticeable.
Exactly. I think your assumption is probably half right: for some people it doesn't matter, for others it does. For me it does A LOT. I never bought a red label before as I never had the money. Now I am a little better off and I might buy a bottle or two, but I will not go beyond $350 under any circumstance. It's a hell of a lot of money. I know it appears a pittance compared to what top bordo and burgundy is selling for, and so it might be a deal in relative terms. But screw the deal, it still is a lot of money. So...
Red label has always been expensive. When other Barolo were $30-40, it was $100. I think the correct price for it will settle at around $200, about where the 1998 Santa Stefano red label is priced.
Cristian Dezso
Cristian Dezso
Thank you!
I am still saving my money for the likes of Mascarello, Brovia, Conterno and Vietti. It is getting hard to buy broadly with all these good vintages in a row. I forgot, did you get a chance to try the 06s, 07s and 08s, in general not these particular producers?
I am still saving my money for the likes of Mascarello, Brovia, Conterno and Vietti. It is getting hard to buy broadly with all these good vintages in a row. I forgot, did you get a chance to try the 06s, 07s and 08s, in general not these particular producers?
Cristian Dezso
Cristian Dezso
originally posted by VLM:
originally posted by Cristian Dezso:
originally posted by Tom Glasgow:
everyone likes a bargainoriginally posted by Christian Miller (CMM):
Yeah, if the 04 Giacosa RdF Riserva is not moving at $500, then you can see discounts of 30%, and this brings the wine to $350.
I find it hard to digest the notion of "economizing" by buying a wine at $350 rather than $500. You'd assume that people who buy that kind of wine have so much money that such discounts are hardly noticeable.
Exactly. I think your assumption is probably half right: for some people it doesn't matter, for others it does. For me it does A LOT. I never bought a red label before as I never had the money. Now I am a little better off and I might buy a bottle or two, but I will not go beyond $350 under any circumstance. It's a hell of a lot of money. I know it appears a pittance compared to what top bordo and burgundy is selling for, and so it might be a deal in relative terms. But screw the deal, it still is a lot of money. So...
Red label has always been expensive. When other Barolo were $30-40, it was $100. I think the correct price for it will settle at around $200, about where the 1998 Santa Stefano red label is priced.
Wow, that's a bold prediction. Wasn't that the release price for the 2001 vintage? Hmm... So you think it will go back there? Interesting. After all, people say it is the most iconic barolo, together with the Monfortino. I hope at one point in life I'll have a chance to taste them, and yeah, I agree with your post on another thread that lots of people are simply shut out of the chance to try these. A pity.
originally posted by Cristian Dezso:
Thank you!
I am still saving my money for the likes of Mascarello, Brovia, Conterno and Vietti. It is getting hard to buy broadly with all these good vintages in a row. I forgot, did you get a chance to try the 06s, 07s and 08s, in general not these particular producers?
No. I haven't been to the Piedmont in a few years. Sorry.
I don't really feel the need to taste from my favorite producers, I just need information on the vintage. I KNOW what Ca'Mia will be like.
I don't buy B. Mascarello anymore.
I've pretty much decided to stick to Conterno/Brovia with some Roagna for the time being. If I free up some cash, I like Produttori. I'd probably jump on Giacosa close-outs.
I bought very broadly in 1996 and those wines don't seem to have any value in the market, so I guess I'll ride it out and see what happens.
Cristian Dezso
Cristian Dezso
originally posted by VLM:
I don't really feel the need to taste from my favorite producers, I just need information on the vintage. I KNOW what Ca'Mia will be like.
Good point.
I don't buy B. Mascarello anymore.
Neither do I, but I buy G. Mascarello!
I bought very broadly in 1996 and those wines don't seem to have any value in the market, so I guess I'll ride it out and see what happens.
Why do you say that? Did you see the price of the 1996 Monprivato? Almost $200. It might not be selling like crazy, but whoever desperately wants it, that's the going rate. I am sure some other 96s might not fare that well, but still.
originally posted by Cristian Dezso:
I bought very broadly in 1996 and those wines don't seem to have any value in the market, so I guess I'll ride it out and see what happens.
Why do you say that? Did you see the price of the 1996 Monprivato? Almost $200. It might not be selling like crazy, but whoever desperately wants it, that's the going rate. I am sure some other 96s might not fare that well, but still.
I bought a fair amount of wine from modernists. There is no market for that.
Cristian Dezso
Cristian Dezso
originally posted by VLM:
originally posted by Cristian Dezso:
originally posted by Tom Glasgow:
everyone likes a bargainoriginally posted by Christian Miller (CMM):
Yeah, if the 04 Giacosa RdF Riserva is not moving at $500, then you can see discounts of 30%, and this brings the wine to $350.
I find it hard to digest the notion of "economizing" by buying a wine at $350 rather than $500. You'd assume that people who buy that kind of wine have so much money that such discounts are hardly noticeable.
Exactly. I think your assumption is probably half right: for some people it doesn't matter, for others it does. For me it does A LOT. I never bought a red label before as I never had the money. Now I am a little better off and I might buy a bottle or two, but I will not go beyond $350 under any circumstance. It's a hell of a lot of money. I know it appears a pittance compared to what top bordo and burgundy is selling for, and so it might be a deal in relative terms. But screw the deal, it still is a lot of money. So...
Red label has always been expensive. When other Barolo were $30-40, it was $100. I think the correct price for it will settle at around $200, about where the 1998 Santa Stefano red label is priced.
Nathan, since you are posting again, and since I looked at this just a couple of weeks back, I thought I might mention that the lowest US price for the 2004 Giacosa Rocche is still $390 or so. Did the market for barolo get better since this thread? Just curious on your take...