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'01 Phelps Insignia futures
Last Post 06-18-2004 12:55 PM byBudman. 19 Replies.
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Greg Beall  Send Private Message
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06-16-2004 01:31 AM  
Reputable local wine shop has these futures for $99.97/ bottle. 1/2 now rest at delivery in November.
Had read somewhere that the '01 was very highly rated (I believe by Laube) but can't find the rating now
Any thoughts?? This wine always seems to be pretty consistently good.
PourQue  Send Private Message
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06-16-2004 02:09 AM  
Colville,
Try www.dukeofbourbon.com. They had them for $89.99, with only 20% down.
ChangeMe  Send Private Message
Master of Wine
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06-16-2004 02:25 AM  
I bought mine from the winery as a member of Phelps Preferred. I paid $385 apiece for two double magnums of '01 Insignia. I'm happy as a pig in anthony's underwear!
love_cab_chard  Send Private Message
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06-16-2004 02:32 AM  
Every one that I talk to says that it is a buy. I will be waiting until it hits NJ. Usually, these are about $89.99 in NJ.
ChangeMe  Send Private Message
Grape Sorter
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06-16-2004 02:51 AM  
ah shucks board-o, i never knew you cares so much

lcc,

that will be my course of action as well. remember people, they make about 20K-25K of this stuff every year and if you can't do the math, that's a hell of a lot of wine.
texaswino  Send Private Message
Barrel Sampler
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06-16-2004 03:11 AM  
I got my futures at $99 back in April. I will be happy with that once they arrive. $89.99....jump on it.
PourQue  Send Private Message
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06-16-2004 12:43 PM  
$89.99 on the shelves?....sheesh. I've already talked to some local stores and it will be $115-$120 here in Atlanta.
wineismylife  Send Private Message
Arlington, TX
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Master of Wine
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06-16-2004 02:05 PM  
Picked mine up Sunday morning while at mbansek's house. $90.00 a bottle.
Joe-----Wine is like potato chips around me...if it's open, it's gone.
Rothko  Send Private Message
Palm Beach
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06-16-2004 02:27 PM  
Quote:

Every one that I talk to says that it is a buy. I will be waiting until it hits NJ. Usually, these are about $89.99 in NJ.




I've noticed that the prices for Insignia in NJ are low. Any idea why?
stemor  Send Private Message
Collierville, TN
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06-16-2004 04:51 PM  
Rothko,

It's because they made the winery an offer they can't refuse.
Cheers, y'all
skwid  Send Private Message
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06-16-2004 05:10 PM  
Quote:

that will be my course of action as well. remember people, they make about 20K-25K of this stuff every year and if you can't do the math, that's a hell of a lot of wine.


AI, you continue to say this and you continue to be wrong. They've made 20K cases once (1997) to my knowledge. In 1998 it was 14K and lower in 1999. Prior to 1997 the case quantities were always lower than 15K (I think they had a confluence of things happen in 1997, more vineyards came online and a large high quality crop of grapes). I'm not sure about 2000 or 2001 but I would highly doubt Phelps has produced anywhere near 25K cases. They do make alot of it (but not nearly as much as Opus One which has been at 30K cases for awhile). I've had the 2001 at the Insignia Release party at the winery in mid May and it was fantastic. If you can find it for $90 I'd get it. However with all the hype about the 2001 vintage I wouldn't expect retailers (or Phelps) to discount heavily.
Rothko  Send Private Message
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06-16-2004 05:12 PM  
Quote:

Rothko,

It's because they made the winery an offer they can't refuse.




LOL!!!!!!!!!!
ChangeMe  Send Private Message
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06-16-2004 06:20 PM  
sorry skwid, go my numbers wrong.

00 15k
99 15k
98 14k
97 20k

still quite a bit of juice my friends. they make almost as much of this as they do the napa bottling.
Greg Beall  Send Private Message
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06-17-2004 10:58 PM  
Thanks for the info,

Your link had the info I couldn't find----rated 95 by RMP. Will pick up a few, probably through my local wine shop, want to build a relationship and support him since he is bringing in some good juice.

ChangeMe  Send Private Message
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06-17-2004 11:07 PM  
that is the way to do it. build up a great relationship with a great wine shop and your life will be all that much better (and your credit card will be crying)
Budman  Send Private Message
Philly Suburbs
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06-18-2004 01:04 AM  
Don't I know it!!!
Greg Beall  Send Private Message
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06-18-2004 03:27 AM  
AI and Bud,

soooooooo, is that a good thing or a bad thing
ChangeMe  Send Private Message
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06-18-2004 04:36 AM  
bad, very very bad
ChangeMe  Send Private Message
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06-18-2004 04:55 AM  
just checked, according to parker there is 18,000 cases of this. that equals 216,000 bottles. even vc doesn't have that kind of buying power
Budman  Send Private Message
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06-18-2004 12:55 PM  
Yes.... very bad! It's so bad, it's fantastic!!!
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