'04 Monprivato?

MLipton

Mark Lipton
Today some spam email from Crush hit my Inbox flogging the '04 Monprivato on pre-arrival for a semi-reasonable price. Has anyone heard about/tried this wine yet?

Mark Lipton
 
I don't think this economy is anywhere near bottom.

I got some close-out offers on 2005 Burgundies.

As good as Monprivato is, it is marginal as a collectible. I'll bide my time.
 
originally posted by Cristian Dezso:
I got some from RWC at what seems to be a decent price given where the other prices have been going.

As good as Monprivato is, it is marginal as a collectible.

What is a collectible wine?

Petrus, Latour, Lafite, Haut-Brion, Cheval Blanc, Ausone, Margaux, Mouton, DRC.

Maybe a couple of other Burgundies.

I just really don't think many of these high prices are sustainable. I personally believe the dollar will be below $1.20/euro by the end of the year. Well, at least that's what I thought last Spring and I'm sticking to it.

I just think there is an ocean of very good wine and out of Italy, only really Gaja, Giacosa, Conterno Monfortino, Quintarelli and a few others seem to have the ability to be above the general market.

I think Monprivato is an excellent wine, but the weakening euro will make that price look bad in a few months.

That's my bet anyway.
 
I just really don't think many of these high prices are sustainable.

I've been pondering this for a while but I simply don't know much about the wine business to figure it out. Are they really going to drop prices? If you look at the 99 and 01 Monprivato, yeah, it was released at 55-60, but now it is right where the 04 is, 90 and above.

But after I am talking pennies here. I buy 3-4 bottles and if the price happens to drop 10 dollars, oh well, I "lost" 40. If it drops more, then I'll buy more and it averages out.

And by the way, I am so with you that we are not yet at the bottom of this.
 
Thank you all for the responses. It seems not unreasonable to wait and see what happens to prices over the next few months.

Mark Lipton
 
On a tangent, the '03 Monprivato is very approachable in the best sense. Like a lot of '03 Barbaresco (of course Monprivato is a Barolo, but...) in my experience of late, it is in a good place for drinking stock. My guess is that the average Piemonte buyer skipped over '03s for well-known reasons (and that many skipped over Barbaresco for Barolo, as is the tendency) and that a goodly amount are still in the pipeline. Many '03 Barbarescos from good crus are offered these days at low prices and could go very nicely with a dinner this or next evening. I do not hesitate to recommend Cantina del Pino "Ovello" '03 or Musso "Pora" Barbaresco '03 to guests on a nightly basis.
 
vlm, if the euro continues to fall, it will probably be because of continued financial chaos. So if any of us still have jobs, we'll be able to buy European wine cheap.
 
Every night I hear someone say something to the effect that they just came from a meeting today, and so and so knows the situation first hand, and the press is not telling the public the severity of the situation because they don't want mass panic.

Then I turn on the TV when I get home, and the news seems to be pretty grim as is.

Last night on my way home the TV in my cab was talking about a couple who were about to wed, but one had been layed off and the other was probably about to be, so they had to choose a cheaper wedding dress.

I guess that the real story is that people will be getting married in their jeans by next year.
 
originally posted by SFJoe:
vlm, if the euro continues to fall, it will probably be because of continued financial chaos. So if any of us still have jobs, we'll be able to buy European wine cheap.

Well the nice thing about being an undercompensated academician is that my job is covered.

So I'll wait for the other shoe to drop.
 
originally posted by MLipton:
Thank you all for the responses. It seems not unreasonable to wait and see what happens to prices over the next few months.

Mark Lipton

I think 2004 Monprivato will be available at around ~$90 for the foreseeable future.
 
originally posted by Levi Dalton:
On a tangent, the '03 Monprivato is very approachable in the best sense. Like a lot of '03 Barbaresco (of course Monprivato is a Barolo, but...) in my experience of late, it is in a good place for drinking stock. My guess is that the average Piemonte buyer skipped over '03s for well-known reasons (and that many skipped over Barbaresco for Barolo, as is the tendency) and that a goodly amount are still in the pipeline. Many '03 Barbarescos from good crus are offered these days at low prices and could go very nicely with a dinner this or next evening. I do not hesitate to recommend Cantina del Pino "Ovello" '03 or Musso "Pora" Barbaresco '03 to guests on a nightly basis.

I think this is a good call. My brother is pouring Alessandria San Giovanni with great success.
 
The San Giovanni had strayed a bit into a boring modest idiom in the last vintages I tried, which were probably '97 and '98. Where are they now?
 
originally posted by SFJoe:
The San Giovanni had strayed a bit into a boring modest idiom in the last vintages I tried, which were probably '97 and '98. Where are they now?

About the same. Fruit is high quality, but this wine gets hit with wood. No rotos though, IIRC. I don't buy this wine for myself. The Barolo normale OTOH, I actively like.
 
originally posted by Rahsaan:
originally posted by Levi Dalton:
a couple who were about to wed, but one had been layed off..

New forms of erotica. Nice.

originally posted by VLM
So I'll wait for the other shoe to drop.

Since it's erotica, do trou get dropped too?

And am I just unaware of trends, but is it now the au courant thing to use "layed" or "payed" instead of laid or paid? No, this has nothing to do with prostitution (unless you're speaking about selling out correct English), but I've been seeing these spelling improvisations occur a lot lately in email and newsletters that have arrived from people who I'd otherwise think would know better. It's not as if they are saving wear and tear (wayer and tayer?) on their fingers because the correct way to do it has fewer letters. Unless maybe such things are now okay, in which case i think ill fall into step with john do passos who didnt want to use any more punctuation thans necessary so he didnt and it made his books that he wrote during that phase harder to read

-Eden (not that theres any significance but dos passos died on my birthdate as did miles davis and harpo marx ferdinand marcos and herman melville)
 
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