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Wine Valuation Guide?
Last Post 04-29-2008 12:22 AM byRandy Wigginton. 10 Replies.
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Tom  Send Private Message
Barrel Sampler
Barrel Sampler
Posts: 2384

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01-06-2003 05:35 PM  
Besides pouring over the multitude of catalogues that I receive, is there a good, easy way to get a good valuation on a wine? Perhaps a wine related website where I can do a search and come up with the going price?

So many catologues that I get have lots of holes in their listings and you can't find what you're looking for.

For example, I'm hunting the "value" of a 1994 Harlan Estate. I haven't come up with a good answer.....yet.

Thanks for any help.
David Walker  Send Private Message
Barrel Sampler
Barrel Sampler
Posts: 2284

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01-06-2003 05:39 PM  
I just posted a note about this wine (and the 95) because I saw it in a local shop for $600 (ridiculous!)

Someone told me it was going for $400 at Winebid.

100pts from Parker and ShorttheWorld's personal best wine ever. If you find out an answer on the valuation that you think is reasonable, please let us know.
love_cab_chard  Send Private Message
Master of Wine
Master of Wine
Posts: 12714

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01-06-2003 05:42 PM  
My friend, @ this time I cannot help you. Sorry.

BUT, stay tuned to the Site. Help is on the way. Time, time, time...
Tom  Send Private Message
Barrel Sampler
Barrel Sampler
Posts: 2384

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01-06-2003 05:49 PM  
Thanks.

I saw this at a wineshop for $400 here in town and wasn't sure if it was a steal or robbery. I suppose it depends upon the perspective.

And no, at $400, it wasn't in my purchase plans. But, being of a curious nature...

L_C_C----We're waiting......
love_cab_chard  Send Private Message
Master of Wine
Master of Wine
Posts: 12714

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01-06-2003 05:51 PM  
I know. Time is our worst enemy. Imagination/Ideas/Future Plans for the Site are NOT!!!
Blair Ridley  Send Private Message
Wine Steward
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Posts: 7719

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01-06-2003 05:55 PM  
I would consider $400 a good price on the '94 Harlan Estate assuming perfect storage conditions.

....and yes, patience is a virtue. What you are describing is part of our master plan. Ask and ye shall receive (in due time of course!)

mountainman  Send Private Message
Mammoth Mountain
Wine Addict
Wine Addict
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01-06-2003 06:13 PM  
WDoT, one site you might try is winecommune.com. You can search the past auctions and see their closed prices.
skwid  Send Private Message
Wine Connoisseur
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Posts: 5452

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01-06-2003 06:46 PM  
WDoT, www.wine-searcher.com is your friend. Get the "Pro Version" for $25 (only site I've ever paid for). This can give you a good idea as to what a wine is worth.

Btw, the 1994 Harlan is listed for $480 on up.

p.s. I have no relationship with wine-searcher.com other than a very satisfied customer.
MikeW  Send Private Message
Fremont, CA
Grape Puncher
Grape Puncher
Posts: 700

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04-28-2008 01:16 PM  
I searched for some recent experiences with winesearcher pro, but couldn't find any. Any opinion about whether the "pro" version is worth the $30/year? It seems that many of the reputable retailers are already available on the "free" version (premier cru, k&l, etc.). Does the "pro" version give access to lower prices from reputable retailers that aren't on the free version's radar? With wine prices increasing sharply, I'm finding it harder to score decent deals, so just wondering if the "pro" version will make a difference.
tanglenet  Send Private Message
Oakland, California
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Wine Bottler
Wine Bottler
Posts: 3397

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04-28-2008 02:07 PM  
Yes. One or two, lower prices are displayed. I've checked by running a report and then logging in and running it again.
Whether or not if it's worth it, will  depend on how much wine you buy. I know that for some people, with one or two purchases, the savings can pay for the subscription. For me, I'm thinking of dropping it, as I'm not buying that much from retail anymore. However, I also find it useful when bidding at auction, to find out the current market price so you don't overbid.
TN posted on Cellartracker" I drink no more than a sponge." François Rabelais
Randy Wigginton  Send Private Message
Master of Wine
Master of Wine
Posts: 10871

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04-29-2008 12:22 AM  
Pretty darn funny.... the Harlan is now going for $1000 and up. 2003 to 2008, a return of 100% seems like a good investment.

What si interesting about wine is that it is unlike most other investment vehicles. Most investments, as time goes on, the inventory remains static. For example, the number of houses in my neighborhood will not change. The number of shares of IBM will not change, unless it goes up. The quantity of gold in the world will not change except to go up.

The single investment similar to wine in attributes is... oil. There is less oil than in 2003. However, the number of bottles of 1994 Harlan is far more limited than petrochemicals ever could be.

Hmmm... For a small investor, who knows what he is doing, is there possibly a better investment than wine? (Excluding outliers such as GOOG, AAPL, etc)

My problem is that I drink it for enjoyment. Perhaps I should allocate a certain portion of my cellar to investment?
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