Losers

J

Jeff Grossman

Jeff Grossman
Just got a mailer from a local store. I guess their 2009 Bordeaux have come in because that's what they're advertising.

But just stupid prices! Lafon-Rochet $75, La Lagune $97, Brane-Cantenac $109.

Really, who's buying this stuff?
 
originally posted by Jeff Grossman:
LosersJust got a mailer from a local store. I guess their 2009 Bordeaux have come in because that's what they're advertising.

But just stupid prices! Lafon-Rochet $75, La Lagune $97, Brane-Cantenac $109.

Really, who's buying this stuff?
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From every source we have the answer is the same, China is supporting the market at these prices.
 
I bought the 82 La Lagune at first tranche pricing for $96/case. At $8/bottle, that was a bargain. Well, steal. But $97/bottle is just nuts.
 
Thanks; prices were depressed that year, in part b/c Parker skipped his annual early tour and scoring. In 2003, they blew up, of course, and I've been buying Vouvray and Beaujolais instead of b'x since then.
 
originally posted by Ian Fitzsimmons:
Thanks; prices were depressed that year, in part b/c Parker skipped his annual early tour and scoring.
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It always amazed me, after how favorable those 2002 futures prices were ($95 first growths...), that Parker continued to insist that he was HELPING consumers by going to Bordeaux every year to score all the wines before they went on sale.
 
This is a good point. What changed in 2003 was that B'x manufacturers began pricing current releases based on estimates of comparable past vintages in the secondary markets, or something like that, right? Maybe it was their experience in 02 that made them determine to de-link the fate of their pricing from Parker's reviews.

I bought some Latour for my son, since he was born that year. At current pricing trends, we'll probably end up selling them to help pay for his college.
 
originally posted by Ian Fitzsimmons:
This is a good point. What changed in 2003 was that B'x manufacturers began pricing current releases based on estimates of comparable past vintages in the secondary markets, or something like that, right? Maybe it was their experience in 02 that made them determine to de-link the fate of their pricing from Parker's reviews.

I bought some Latour for my son, since he was born that year. At current pricing trends, we'll probably end up selling them to help pay for his college.
Click to expand...

I see you don't follow the trend in the inflation of tuition.
 
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