at what price

If it's one bottle for $50 I have to pack and ship, probably not gonna bother. If it's a case of said wine and I'm not really in love with it sure why not? $600 gets me a bottle I would definitely love.

For a single bottle, it would depend on how much I love it.

Wow that's a hard question to answer. So many variables it's hard to put a number on the board. I will say that I've bought and resold a lot of wine over the years and some I wish I could have back, but some I couldn't care less. In the grand scheme of life, it's just wine. Buy some, drink some, share some, give some away and sell some, life goes on!

quote:

Originally posted by vinodude:
Wow that's a hard question to answer. So many variables it's hard to put a number on the board. I will say that I've bought and resold a lot of wine over the years and some I wish I could have back, but some I couldn't care less. In the grand scheme of life, it's just wine. Buy some, drink some, share some, give some away and sell some, life goes on!

this happens to be a forum about wine =)

regardless, I'm curious as to the numbers folks would put up.

perhaps i should change it a poll

I've never resold a bottle of wine and never felt the urge. The only time I thought to myself "yep, I'd be all over that" was the hysteria a few years back with the Lafite second label and the obnoxious prices it was going for on the auction market. I'd have dumped a case of it and not cared about ever tasting it.

$5k profit on a case of wine would be worth my time and hassle. The problem is I don't have those kinds of bottles (e.g., older DRCs and First Growths) laying around.

quote:

Originally posted by snipes:
I've never resold a bottle of wine and never felt the urge.

+1. I have swapped bottles with friends where the initial cost (on either side of the trade) might have been lower than the agreed-upon bottle value. Usually WineSearcher low is used for determining a basis. In these situations, one party might "profit" in the trade, but I just don't think of it in these terms.

PH

quote:

Originally posted by DoubleD:
$5k profit on a case of wine would be worth my time and hassle. The problem is I don't have those kinds of bottles (e.g., older DRCs and First Growths) laying around.

What DD said..

Years ago, I lucked upon a mixed case of 1982 First Growths. I could have sold the case for a $10k profit if I'd held them for just a few years.

I couldn't replace the memories, camaraderie, great meals, wonderful trades or any of this for twice the price. Glad I held onto them. 5 to go!

PH

Hard to say because there are so many variables. I have never actually sold a bottle and I have some in my cellar that could be sold for big profits. Something around the $10K range for a bottle would at least peak my curiosity. Lets say I had a bottle of DRC RC that I got for a song and was now selling for $15K. Would I rather have 1 bottle of DRC RC for $15K or a couple bottles each of Coche, Roulot, Rousseau, etc. I would take the latter all day because I think they are on the same level and sometimes better than DRC for me.

I made the SQN list a couple of years ago. Don't care for the wines so I passed. I'm sure I could have flipped for some profit each release but that just doesn't appeal to me.

I've never bought & resold any wine and there is probably only 1 bottle in my cellar which I would consider doing so. It would require a profit of at least $1500 if I was to sell. Otherwise I'll be happy to drink it one day and hope it is not corked.

I've sold some wine via WineBid. I didn't profit on it but recovered a good deal of my original cost. We had too many bottles from the winery and weren't loving the wine.

I was pleased to apply the funds to other purchases. I'm glad such services exist even if I didn't profit.

Neil