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Penfolds Bin 60A and Block 42 Cabernet
Posted: Thu Sep 22, 2005 2:57 pm
by Mal
Just received the first email offering these 2 for delivery mid 2007, $449 each
Mal
Re: Penfolds Bin 60A and Block 42 Cabernet
Posted: Thu Sep 22, 2005 2:58 pm
by Guest
Mal wrote:Just received the first email offering these 2 for delivery mid 2007, $449 each
Mal
Landed Unit Cost is the same as Grange I believe, so $449 isn't a surprise...
Re: Penfolds Bin 60A and Block 42 Cabernet
Posted: Thu Sep 22, 2005 2:59 pm
by Lincoln
Anonymous wrote:Mal wrote:Just received the first email offering these 2 for delivery mid 2007, $449 each
Mal
Landed Unit Cost is the same as Grange I believe, so $449 isn't a surprise...
t'was me...
Re: Penfolds Bin 60A and Block 42 Cabernet
Posted: Thu Sep 22, 2005 3:01 pm
by Mal
No not a surprise i suppose, but still $449 isnt to be sneezed at
Re: Penfolds Bin 60A and Block 42 Cabernet
Posted: Thu Sep 22, 2005 3:16 pm
by Lincoln
Mal wrote:No not a surprise i suppose, but still $449 isnt to be sneezed at
Certainly not: it's a very good bottle of Burgundy or three....
Posted: Thu Sep 22, 2005 3:22 pm
by Mal
Even at those prices I am tempted to grab a couple of each for the cellar, and plus you have the choice of either cork or screwcap, which is never a bad thing.
Mal
Posted: Thu Sep 22, 2005 7:23 pm
by Guest
Mal wrote:Even at those prices I am tempted to grab a couple of each for the cellar, and plus you have the choice of either cork or screwcap, which is never a bad thing.
Mal
yeah but what if everyone goes screwcap?? how does the allocation work then?... or are they going to bottle under different closures on request?
c
Posted: Thu Sep 22, 2005 7:24 pm
by Christo
login...
Christo
Posted: Thu Sep 22, 2005 8:18 pm
by Mal
Christo wrote:yeah but what if everyone goes screwcap?? how does the allocation work then?... or are they going to bottle under different closures on request?
c
Well I suppose if your buying it 1 1/2 years before you actually receive it, they will just run off what ever is required.
Mal
Posted: Fri Sep 23, 2005 12:31 am
by Mike Hawkins
Bugger ! I knocked it back at USD 200 per bottle. Its gone now....
Posted: Fri Sep 23, 2005 10:39 am
by n4sir
Anonymous wrote:Mal wrote:Even at those prices I am tempted to grab a couple of each for the cellar, and plus you have the choice of either cork or screwcap, which is never a bad thing.
Mal
yeah but what if everyone goes screwcap?? how does the allocation work then?... or are they going to bottle under different closures on request?
c
I asked this question at the Penfolds Masterclass six months ago, and the decision on closures is fixed at 50/50, regardless if opinion changes and the buying public all decide they want the one closure. At the moment retailers expect to get the closure they've ordered, but delivery is the good part of two years away and that could change; if Penfolds don't fulfil their requests I think you can expect a lot of pissed off retailers and customers.
It's been speculated for a while that the final price will fall somewhere between $350-$600, depending on the retailer. The price should roughly equate to the same as Grange in a fair market, but likewise expect a fair amount of blatant profiteering. En Primeur may be a well established practice for imports, but if things go wrong this exercise could blow up in Penfolds face.
Cheers
Ian
Posted: Fri Sep 23, 2005 12:21 pm
by Guest
Early reports show the block 42 is a better wine but will the 60a be better in time?