They are in the original crates and card board sleeves and stored in my cellar at 56 degrees since I received them last month. $350/bottle if you want all 5 bottles $325/bottle and I will pay for 3 day select shipping.
Levy & McClellan priced their product for failure. Those who purchased L & M now understand this as nobody is willing to buy at a loss for very long. They claim to have a long waiting list but that is hogwash. I never bought their wine, yet I receive an offer every year. Who do these people think they are?
Where are you located? You may check out high end wine shops in your area or Wine Bid and take what you can get.
Nice you should e mail L and M that. I donbt know anyone spending their asking price. Also they send out mailers for the second vintage and wanted you to pay for them before you even were shipped the 1st wines you ordered. So you were paying for 2 vintages before you even got anyone wine. I think the people there missed the marketing class.
Posts: 1267 | Location: New York | Registered: Apr 17, 2003
I've said for a long time that it's very difficult to spend more that $15 per bottle to produce wine. I saw a quote recently from either Philippe Dhalluin or the previous Technical Director at Mouton that used the same figure.
I did the math on another thread, but if for some reason LM's costs where 4x anyone elses, they still cleared $260 a bottle ($325 release price?) And if it's true they sold out there is 2.5-3.5 million in the bank. That would be enough to float them for about 10 more vintages, if they A. Sell no more wine and B. really spend $60 a bottle making it, which I totally doubt.
Bottom line, they already made their cash, lots of it. I don't see any pressure on them to change marketing or pricing tactics.
Paul Romero (tlily)- Owner, Winemaker, Tour Guide Stefania Wine http://www.stefaniawine.com
Posts: 5716 | Location: San Jose | Registered: May 24, 2002
Paul, this was discussed on a previous thread, but dont you think a newer winery like L&M would have a ton of debt service? I highly doubt they paid cash for the land, equipment and so on. That could eat up alot of that profit real quick.
I have 2004's in original wood and packaging never opened from winery have been in my cellar since release 325.00 a bottle if interested e mail is RJE323@AOL.COM
Posts: 1267 | Location: New York | Registered: Apr 17, 2003
I've produced 1500 cases of wine and am currently $126,517 in the red.
That's 30 cases of LM.
I poked around just a bit, there's surprisingly little info about where the wine is sourced from and made. There's a Laube Blog (6/6/06) that says the fruit comes from "a six-acre vineyard owned by their family off Franz Valley School Road, west of Calistoga, at a 600-foot elevation".
If it was bought with a modest home on it, and a vineyard installed, debt service would run about $90,000 per year, although much of that would be the home mortgage.
I could not find any information on where the wine is made. Maybe someone else knows, but I'm kind of assuming it's probably made either as a custom crush or a rotating proprietorship. It does not seem that a winery has been constructed. It doesn't really make any sense to buy equipment to make 300-400 cases a year. Typical custom crush fees are around $2500 a ton, that's crusher to bottling truck. Bottling and finishing is usually about another $2500 a ton.
This is a guess but I'd say it's probably made at Harlan or Sloan. Not an uncommon set up. Technically I'm the winemaker and general manager at Chaine d'Or. I make the Chaine d'Or wine, and Chaine d'Or is owned by Spectrum vintages. I also make Stefania Wine. I use the Chaine d'Or facility, and technically it's custom crushed, by me as winemaker and general manager of Spectrum Vintages, then transfered to Stefania Wine after being tax paid and bottled.
I can easily see that same deal at say Sloan for them.
Paul Romero (tlily)- Owner, Winemaker, Tour Guide Stefania Wine http://www.stefaniawine.com
Posts: 5716 | Location: San Jose | Registered: May 24, 2002