Any steals here?

PaulG · Post by **PaulG** » Wed Feb 25, 2009 2:55 pm

Hi guys,
A friend of a friend is going away and is selling his wine collection. I've been offered first pick, but to be 100% honest, I'm not sure whether there are any bargains (or exceptional bottles at a reasonable price) to be had here.

In fact, I've only ever tried the Samuels Gorge of the wines he's offering for sale!

Any advice would be great

Thanks!

04 Joseph Moda Cab Merlot $60
00 Jacobs Creek Limited Shiraz Cab x2 $30ea
01 Petaluma Coonawarra $40
02 Grant Burge Holy Trinity x2 $30ea
04 Majella Cab $25
02 Burge Abendigo Shiraz Grenache Mouverdre $60
03 Kooyong Ferrous Pinot $40
05 Samuels Gorge Temp $30
03 Smythe Road Shiraz $35
96 Petaluma Riesling $65
03 Noon Cabernet $75
05 Bremerton Old Adam $75
00 Yalumba FDR1A Shiraz Cab x2 $30ea
98 Penfolds 707 Cabernet x2 $220ea
02 Penfolds Magil Estate Shiraz $70
02 Leasingham Classic Clare Shiraz x2 $40
02 Taylors St Andrews Shiraz x2 $45
04 Castagna Genisis Shiraz $70
05 Samuels Gorge Shiraz x5 $40
04 Petaluma Croser $25
NV Moet $40
NV Veuve $50
02 Pelorous $40

Scanlon · Post by **Scanlon** » Wed Feb 25, 2009 3:09 pm

i would get the petaluma coonawarra but i'm biased

orpheus · Post by **orpheus** » Wed Feb 25, 2009 3:25 pm

No real bargains there, as far as I can see.

Rawshack · Post by **Rawshack** » Wed Feb 25, 2009 3:38 pm

The Kooyong and the Petaluma Coonawarra, but not sure that they're 'steals'

GraemeG · Post by **GraemeG** » Wed Feb 25, 2009 4:23 pm

Looks like he buys his wines at Vintage Cellars, and is trying to make 10% on the lot! Except perhaps the Moet - $40 isn't bad for a wine that normally sells for $60. Of course, there are much better Champagnes for $60...
Perhaps he has the prices for the two Petaluma wines reversed - $65 for the 96 riesling is laughable, but $40 for the 01 red is OK.
cheers,
Graeme

Mark S · Post by **Mark S** » Wed Feb 25, 2009 6:54 pm

I'd be tempted by the Jacobs Creek 'Limited' shiraz cab, lovely cellarable wines, the Kooyong Ferrous Pinot, retail is around $60 on each I believe, and the Majella cab at $25

griff · Post by **griff** » Wed Feb 25, 2009 7:07 pm

While no bargains would agree on the Petaluma and also may want to take a look at the 04 Majella.

cheers

Carl

JamieH · Post by **JamieH** » Wed Feb 25, 2009 8:59 pm

My two cents worth, convince your friend to have a big dinner, maybe a degustion and drink them all. its very unlikely he will be able to sell any at those prices, not quickly anyway.

Jamie

ChrisV · Post by **ChrisV** » Wed Feb 25, 2009 9:33 pm

Good lord, not exactly mates rates is it.

Wayno · Post by **Wayno** » Wed Feb 25, 2009 10:20 pm

Tell him he's dreaming.

Daryl Douglas · Post by **Daryl Douglas** » Wed Feb 25, 2009 10:30 pm

Offer him $1500 for the lot.

Mike Hawkins · Post by **Mike Hawkins** » Thu Feb 26, 2009 3:30 am

Ask him if he wants to buy a jousting stick....

bacchaebabe · Post by **bacchaebabe** » Thu Feb 26, 2009 4:00 pm

Not sure why everyone is going on about the prices. With the exception of a couple, they are pretty close to retail and if they've been cellared OK, I can't see a problem with the prices. Surely he's entitled to get back more or less what he paid for them or at least ask current auction prices and with no comission, it makes them all fairly reasonable. They aren't bargains but they aren't rip offs either.

PaulG · Post by **PaulG** » Thu Feb 26, 2009 4:11 pm

Thanks everyone for the advice.

In light of the prices not being ideal, I guess I'll now look to see if there are simply some nice wines to add to my collection. On the basis of the above it's looking like the Petaluma may be the way to go!

Thanks again!

Daryl Douglas · Post by **Daryl Douglas** » Thu Feb 26, 2009 11:58 pm

Those I'd be interested in are:

02 Grant Burge Holy Trinity x2 $30ea
04 Majella Cab $25
02 Leasingham Classic Clare Shiraz x2 $40

I've one bottle left of Bin 707 98 that I think was $120 in one of two Winepros Top 100 mixed premium red cases that was from Vintage Cellars, so it was pretty much top $ and was almost undoubtably cheaper elsewhere. Don't know what the average auction price of it is now but perhaps I should've bought more - it's performed better over the last eight or so years than my superannuation fund's average :cry:

daz

cranky · Post by **cranky** » Fri Feb 27, 2009 9:13 pm

Don't forget to keep it quiet - it is illegal to sell wine without a license...

I won't tell if you don't