The Auswine Forum

Start with staff price perhaps, or indeed the executive board price

Not on the lionsden list is it Vinh...looks like a tough club to break into

Cheers
Craig

I'm not a Grange buyer nor knocker. I enjoy the wine but only if mature!

I did buy the 96 during the GFC for $250 a bottle from bonded UK stock. Panic and massive currency swings made the wine a no brainer purchase. So $250 a bottle is my price I guess but these days I probably wouldn't buy at this price . There are far more interesting wines that punch above their price toward an equivalent or better quality.

Wine geeks should easily b able to pick Grange equivalents at a fraction of the cost?

Is anyone stocking up the max Schubert's Cabernet shiraz release ?

I might get some not sure yet

phillisc wrote:Start with staff price perhaps, or indeed the executive board price

Not on the lionsden list is it Vinh...looks like a tough club to break into

Cheers
Craig

Pennies aint distributed by lion, so no. Wouldnt buy it anyways, im a henschke man lol
At least they give me a fancy wooden box :p

I'm in the 'its worth whatever enough people are willing to pay' camp. Current levels exclude me.

I'd probably buy around $250 mark, think its an amaizng wine and Australias best label.
Being a wine geek (as referenced above) i definitely agree there's some extremely stiff competition at that price point, so i'm unlikely to be stocking up even at the preferred levels.

maybs wrote:You back from Indonesia Alex?

For anyone who didn't see it, here is my take on my first Grange experience. It was a pretty epic one.

viewtopic.php?f=1&t=14496&p=123277&hilit=2002+giaconda#p123277

Whilst I concluded that Grange was not great 'value' in that thread, I don't think you can value high end wine as value. There is a diminishing return as prices go up, especially in this day and age where sub $50 wines can be so good. However, both with the iconic status and the fact that it is, well, really good wine, the value proposition becomes less important. This was a wonderful evening with friends that I will remember for a long, long time. I still think of it fondly. I wish it had gone longer. Will I collect Grange? Not really. Will I stash away the odd bottle hoping to share another evening like this with friends? Definitely.

Would I rather drink 50 Chalambars or a really high end Burgundy that I might remember for the rest of my life? No brainer. I reckon once you get to a certain price, say $100, a wine may only get 10% better for each extra $100 you spend on it, whereas from $20 to $40, $40 to $80, it may be nearly twice as good. But, if you can afford it, or have rich friends, who doesn't want that 40% or 50% better wine, as an experience?

No I'm still in Indonesia, will probably come back for a week in November to celebrate some birthdays. I have found plenty of places with beer here (hope you like Bintang!) but no one really sells wine. Went to a swanky hotel for drinks and looked at their wine list - Penfolds Koonunga Hill for $90!!! Nope. Never gone this long without wine....

I also think your and Felix's comments are pretty much on point. Value? No way. But does it enhance a special occasion? Absolutely, and in a way that may 'justify' the cost to some.

I have one bottle of 2006 Grange in my cellar, cost me $550 from retail with provenance assured. The reason I spent the money was me thinking many decades in the future I'll want a wine for a super special occasion and this will fit the bill. By that time I'm sure the price would be long forgotten, also I felt the need to have one bottle of Grange in my cellar, it'd be unAustralian not to.

For what it's worth, I'd be willing to spend $300 on another top vintage of Grange from retail upon release (i.e. don't have to worry about provenance). Probably only $150-200 for decent-great vintages from auction, and I don't buy terrible vintages of any wine so that rules that out.

Hunter wrote:Is anyone stocking up the max Schubert's Cabernet shiraz release ?

$450 for a marketing gimmick. No thanks.

Grange - good Australian wine indeed, but not that good for the price asking/offering today.
Plenty of nice wines around, for $100 , $150, $200.
The present Grange price perhaps setting up for the lower range wine to justify their inflated price
B 389, 407 for $80, St henri $100, 707 for $300 thats a real joke!
Cheers Boyeah

VINH NGUYEN wrote:

phillisc wrote:Start with staff price perhaps, or indeed the executive board price

Not on the lionsden list is it Vinh...looks like a tough club to break into

Cheers
Craig

Pennies aint distributed by lion, so no. Wouldnt buy it anyways, im a henschke man lol
At least they give me a fancy wooden box :p

Pennies throw one in when you buy six.

felixp wrote:Do not mis-interpret what i am saying, Grange is a great wine, no doubt, and it is worth $700/bottle. (obviously, otherwise we would see stacks of the stuff sitting on the shelves).

No it's not. Last year I saw an '04 Grange for just under $400 and didn't think it was worth it - and left it alone. I mentioned it to a couple of friends suggesting that we share the purchase but no nibbles. I reckoned that it just wasn't worth it.

Mahmoud.

On the other hand, a 1993 Mount Pleasant 'Maurice O'Shea' Shiraz for $40 is well worth it:

http://www.robersonwine.com/buy-wines/m ... -10AMON93/

Would that I lived in England....................Mahmoud.

Give me two of the 90A for the same money any day. Bin 389 made in heaven.
Carl