Surely, the stupidest wine auction ever held

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felixp21
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Surely, the stupidest wine auction ever held

Post by felixp21 »

Just got an email from a mate telling me to have a look at the Langton's auction site. There is, without a single doubt, the craziest auction ever held.

I was pointed to one item, but the whole auction is, sadly, laughably and ridiculously overpriced. Little wonder there are virtually no bids.

Anyway, check this out:
1999 Olivier Leflaive Puligny Montrachet 1er Cru "Les Champ Gains"

had several vintages of that wine, although it's not Domaine Leflaive, Olivier leflaive always represents good value, if not outstanding wines. Indeed, I purchased the 2006 and 2007 versions of this wine here in Australia for about $50 each, a great buy.

Langtons estimate: $1350-1650 :lol: :lol: :lol: :lol: :lol:

the scary part is there are four people watching it!!!
I had a look thru the auctions, there are countless wines you can purchase cheaper a retail, that is before the auction commission.
Quite unbelievable, really.

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Alan Foo
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Re: Surely, the stupidest wine auction ever held

Post by Alan Foo »

I do agree with you Felix, and was laughing when I saw the pricing of the Penfolds Grange 1970 against the Penfolds Grange 1971. The 1970 is at $2771 and the 1971 is $1682 per bottle. :mrgreen: :mrgreen: :mrgreen:

Pat
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Re: Surely, the stupidest wine auction ever held

Post by Pat »

Crazy prices.

I’m assuming the 1970 Grange is dearer due to it being an anniversary wine this year, rather than the 71 which is obviously a hallmark year for grange.

JamieBahrain
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Re: Surely, the stupidest wine auction ever held

Post by JamieBahrain »

Pat wrote: I’m assuming the 1970 Grange is dearer due to it being an anniversary wine this year
Yes. Sentimental fools.
"Barolo is Barolo, you can't describe it, just as you can't describe Picasso"

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Alan Foo
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Re: Surely, the stupidest wine auction ever held

Post by Alan Foo »

Well Pat and Jamie I think we are all wrong (the virus must be affecting them in some way) because as of 2000hrs tonight out of the 3 single bottles of 1970 Grange, there are bidding on 2 of the bottles. Langton’s estimate per bottle is $2800 to $3200 and the bid start at $2772. The first bottle there is a bid on at $2772. The second bottle the bid is at $2775 by a single person. Well this only confirmed that at $2774 the reserved has not been met. As for the 3rd bottle there is no taker and sitting at $2771. The level of all 3 bottles of the 1970 Grange are at base of neck with minor label damages.

No one is looking at the 3 bottles of the 1971 Grange.

Mike Hawkins
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Re: Surely, the stupidest wine auction ever held

Post by Mike Hawkins »

Alan Foo wrote:Well Pat and Jamie I think we are all wrong (the virus must be affecting them in some way) because as of 2000hrs tonight out of the 3 single bottles of 1970 Grange, there are bidding on 2 of the bottles. Langton’s estimate per bottle is $2800 to $3200 and the bid start at $2772. The first bottle there is a bid on at $2772. The second bottle the bid is at $2775 by a single person. Well this only confirmed that at $2774 the reserved has not been met. As for the 3rd bottle there is no taker and sitting at $2771. The level of all 3 bottles of the 1970 Grange are at base of neck with minor label damages.

No one is looking at the 3 bottles of the 1971 Grange.
Next year all the 71s, 81s and 2002s will go through the roof. This happens every year

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ticklenow1
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Re: Surely, the stupidest wine auction ever held

Post by ticklenow1 »

A fool and his money are soon parted....
If you had to choose between drinking great wine or winning Lotto, which would you choose - Red or White?

Alex F
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Re: Surely, the stupidest wine auction ever held

Post by Alex F »

felixp21 wrote:Indeed, I purchased the 2006 and 2007 versions of this wine here in Australia for about $50 each, a great buy.
Can you please let me know where i can get some? Will they ship to Hoppers Crossing Vic?

JamieBahrain
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Re: Surely, the stupidest wine auction ever held

Post by JamieBahrain »

Alex F wrote:
felixp21 wrote:Indeed, I purchased the 2006 and 2007 versions of this wine here in Australia for about $50 each, a great buy.
Can you please let me know where i can get some? Will they ship to Hoppers Crossing Vic?

Perhaps parochially, I'd find more Aussie chardonnays more interesting than this one around the $100 AUD mark. I've had the wine many times ( maybe not the 99 )
"Barolo is Barolo, you can't describe it, just as you can't describe Picasso"

Teobaldo Cappellano

Alex F
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Re: Surely, the stupidest wine auction ever held

Post by Alex F »

JamieBahrain wrote:
Alex F wrote:
felixp21 wrote:Indeed, I purchased the 2006 and 2007 versions of this wine here in Australia for about $50 each, a great buy.
Can you please let me know where i can get some? Will they ship to Hoppers Crossing Vic?

Perhaps parochially, I'd find more Aussie chardonnays more interesting than this one around the $100 AUD mark. I've had the wine many times ( maybe not the 99 )
Wasn't planning to drink it! Don't care how it tastes :)

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Alan Foo
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Re: Surely, the stupidest wine auction ever held

Post by Alan Foo »

Alex F wrote:
felixp21 wrote:Indeed, I purchased the 2006 and 2007 versions of this wine here in Australia for about $50 each, a great buy.
Can you please let me know where i can get some? Will they ship to Hoppers Crossing Vic?
Haha!! we know that place Hoppers Crossing................. :roll: :roll: :roll:

mychurch
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Re: Surely, the stupidest wine auction ever held

Post by mychurch »

Anyone buying white Burgs from the mid 90’s onwards needs to have done a lot of pre- auction tasting, something that online auctions never have. Even at $10 a bottle, I’d be hesitant. 99 is the worst offending vintage for premox according to Don Cornwalls research and these wines should only be bought at restaurants or from suppliers who you know will take them back if they are oxidised. Given that it’s 21 years after the vintage these wines may well have been advanced even without the issues of premox and no matter how big a 21 st birthday dinner the bidders are planning, they really should spend their money on something else.
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felixp21
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Re: Surely, the stupidest wine auction ever held

Post by felixp21 »

Alex F wrote:
felixp21 wrote:Indeed, I purchased the 2006 and 2007 versions of this wine here in Australia for about $50 each, a great buy.
Can you please let me know where i can get some? Will they ship to Hoppers Crossing Vic?

sorry, purchased upon release 10+ years ago!!!!!

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