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I've bought a few in larger quantity than I planned to drink thinking I might put some to auction some time down the road - drink some, put a few in auction later. However, as I start drinking them, my interest in putting them in an auction seems to depreciate. Conversely, I have been tempted to sell, at auction, a few bottles that have appreciated greatly. I don't consider trading/selling/buying with friends at cost, or in some instance at low wine searcher, to be flipping. | |||
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Hey its capitalism, if one can flip why not?? | |||
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I'm in the same boat. Bought a good deal of '05 Bordeaux for the purpose of flipping at the time. Never got around to it, and now I plan on holding to drink. However, once my boys hit college age in the next 15-17 years, I may get back to the thought of selling them. Outside of that, I have never bought something I didn't plan on drinking. A wise man once told me, "You never learn anything with your mouth running.." | |||
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Yes, I've flipped wine. With the profits I've purchased wine. Then I drank the wine. No more profits. | |||
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Holding at 74% no. Very interesting results so far. I wonder if it's a statistically significant result yet. WEc, you have a thought on this????  PH | |||
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Yes - Been awhile, but I used to have a good DRC source. Basically I'd buy enough to pay for one bottle I'd keep. Since the Sideways->Pinot is my favorite-> Burgundy is made from Pinot -> I love Burgundy craze, that source dried up. There's so little wine that's flipable these days that I'd say the 'no' answers may have to do with the economic reality than any intent of the buyer. Paul Romero (tlily)- Owner, Winemaker, Tour Guide Stefania Wine http://www.stefaniawine.com | |||
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I have never flipped, and I don't intend to. Although most of the wines in my cellar are auctionable, they probably wouldn't sell for much more than what I paid. I have maybe a few flippable wines in my cellar that would generate enough profit to consider it. I bought them with the intention of drinking, however, and that's what I still intend to do. My wife is not so enthusiastic about my wine-buying habit, so I try to tell her that my cellar investment is like a Life Insurance policy--If I croak, she can sell off my collection and keep the cash. Stay thirsty my friends. | |||
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Don't encourage him.  ---------- "I was astonished to hear this, if only because I have never felt that loving Burgundy precluded one from loving Pinot Noirs—or any other wines—from elsewhere." -Matt Kramer | |||
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I like that thought, although my wife would probably drink through it. And my collection is nowhere near enough to support her shoe habit A wise man once told me, "You never learn anything with your mouth running.." | |||
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