Latest buy

Anything to do with Port.
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JacobH
Quinta do Vesuvio 1994
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Re: Latest buy

Post by JacobH »

I’ve been struggling but failing to buy a bottle of the Graham’s № 5 White Port (the one with the fancy bottle) locally so I have bitten the bullet and bought it online at full price (£21). I hope it is worth it!
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uncle tom
Dalva Golden White Colheita 1952
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Re: Latest buy

Post by uncle tom »

The auction market having gone slightly demented this year, I've only bought 17 bottles of VP so far this year, and nothing at all for the last two months.

The release prices for the 2018's I've seen so far seem to be broadly in the same ball-park as the retail prices for the same wines from the 1970 vintage - which is just insane..
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
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JacobH
Quinta do Vesuvio 1994
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Re: Latest buy

Post by JacobH »

That really is crazy, but then I get the impression that some wines, particularly the Dow’s SdR are being marketed firmly at the investors rather than the drinkers (who understand en primeur releases but not secondary auctions)....
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winesecretary
Fonseca 1980
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Re: Latest buy

Post by winesecretary »

I also am drawing a blank on recent auction purchases (just two bottles of burgundy since early April). Post-virus madness seems to be infecting the markets. Instead I have been hoovering up at retail bottles I have tried and considered to be underpriced After buying a case of 2000 Sainsbury's TTD on 30 June I am now having a month of no wine buying.
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rich_n
Warre’s Otima 10 year old Tawny
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Re: Latest buy

Post by rich_n »

Sadly the case of 2000 Sainsbury's TTD I had planned on acquiring turned into 6 bottles on arrival at the store, with the 2015 Taylor LBV being the offered substitute. I look forward to trying some of it in the coming weeks, until I joined TPF I was always of the notion that the supermarket OL offerings were always far inferior, but it seems they are actually potentially decent juice...
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Alex Bridgeman
Graham’s 1948
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Re: Latest buy

Post by Alex Bridgeman »

winesecretary wrote: 21:50 Mon 06 Jul 2020 I also am drawing a blank on recent auction purchases (just two bottles of burgundy since early April). Post-virus madness seems to be infecting the markets. Instead I have been hoovering up at retail bottles I have tried and considered to be underpriced After buying a case of 2000 Sainsbury's TTD on 30 June I am now having a month of no wine buying.
Would that be the rest of June being the "month of no wine buying"? :roll:
Top Ports in 2023: Taylor 1896 Colheita, b. 2021. A perfect Port.

2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.
winesecretary
Fonseca 1980
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Re: Latest buy

Post by winesecretary »

Day ten; wine stocks worryingly close to dipping below four figures; will I make it to the end of the month without running out?
Christopher
Niepoort LBV
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Re: Latest buy

Post by Christopher »

I have actually been reasonably active in the auction market this year. I don’t think there has been a huge amount of supply which together with some more active buying generally of wine when people have been stuck at home has pushed prices up. However I have managed to acquire some bottles I am very happy with.
I note your comment Tom about the latest release prices V older ports and therefore to me I am happy to keep on buying these older vintage and paying up a bit when I think the bottles look excellent, fundamentally I ask myself where are these prices going and I just think they are going up and in a few years time we will look back as be amazed at what we are paying today. The same as we do today looking back 10 years ago. Of course there are parts of the Port market and specific vintages that will perform better than others.
I do think the reduction of VP production since 1985 is coming through in way less supply at auction and I actually am happy to buy on release selectively, I am not convinced I will buy the specific 2011‘s I purchased cheaper than I did at release and I like the fact I purchased them then.
The growth of Port tourism is not only creating a lot more demand for new vintages that are sold through the shops at the lodges over multiple years. It also creates new consumers as they get to try the more premium end of the Port market creating more demand for that ‘special bottle’.
Alex M
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Re: Latest buy

Post by Alex M »

3 x Taylor 1977 VP for £113 all in per bottle.
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uncle tom
Dalva Golden White Colheita 1952
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Re: Latest buy

Post by uncle tom »

Alex M wrote: 19:26 Tue 14 Jul 2020 3 x Taylor 1977 VP for £113 all in per bottle.
A very good wine, but seriously compromised by truly dreadful corks when first bottled. Recent late releases are all re-corked.

Around 70% of T77 at auction have seepage issues..
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Alex M
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Re: Latest buy

Post by Alex M »

uncle tom wrote: 19:45 Tue 14 Jul 2020
Alex M wrote: 19:26 Tue 14 Jul 2020 3 x Taylor 1977 VP for £113 all in per bottle.
A very good wine, but seriously compromised by truly dreadful corks when first bottled. Recent late releases are all re-corked.

Around 70% of T77 at auction have seepage issues..

Levels about 2cm into neck on all. Each bottle weights 1349g and no signs of seepage. They've not been moved since the 1980's. Hopefully i've done alright. I'll open one in a few days and post a note.
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uncle tom
Dalva Golden White Colheita 1952
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Re: Latest buy

Post by uncle tom »

At last!

My first bargain of the year..

8 bottle lot, six asst. 80's era Mz VP, one Crasto '85 VP, but the star turn, an uber rare RCV 1973 colheita.

Cost: £220 hammer..
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
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hadge
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Re: Latest buy

Post by hadge »

nice buy tom from a good auction house
Andy Velebil
Quinta do Vesuvio 1994
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Re: Latest buy

Post by Andy Velebil »

uncle tom wrote: 14:22 Wed 15 Jul 2020 At last!

My first bargain of the year..

8 bottle lot, six asst. 80's era Mz VP, one Crasto '85 VP, but the star turn, an uber rare RCV 1973 colheita.

Cost: £220 hammer..
73 my year..cool!

I've had mixed experiences with the 85 crasto VP. Early on it was holding but lately it has gone rather pale and in a place to start drinking them up.
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uncle tom
Dalva Golden White Colheita 1952
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Re: Latest buy

Post by uncle tom »

I thought that might grab your attention Andy - have you had/own that wine..?
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Andy Velebil
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Re: Latest buy

Post by Andy Velebil »

uncle tom wrote: 19:53 Wed 15 Jul 2020 I thought that might grab your attention Andy - have you had/own that wine..?
No. Never seen a bottle in person.
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uncle tom
Dalva Golden White Colheita 1952
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Re: Latest buy

Post by uncle tom »

Bonhams sale today ran out of steam towards the end..

I scored a small lake of the well regarded SW97 in owcs (dozens) - PM me if interested in a case..
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Andy Velebil
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Re: Latest buy

Post by Andy Velebil »

uncle tom wrote: 17:33 Thu 16 Jul 2020 Bonhams sale today ran out of steam towards the end..

I scored a small lake of the well regarded SW97 in owcs (dozens) - PM me if interested in a case..
Darn good VP. Well done!
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hadge
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Re: Latest buy

Post by hadge »

just bought a couple of bottles of Calem 85 and 2011 from Tony
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nac
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Re: Latest buy

Post by nac »

3 bottles of G77. Worked out £90 all in per bottle, which I think isn’t bad.
Andy Velebil
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Re: Latest buy

Post by Andy Velebil »

nac wrote:3 bottles of G77. Worked out £90 all in per bottle, which I think isn’t bad.
Very good price, on this side of pond anyways.
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nac
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Re: Latest buy

Post by nac »

6bts of 91 Vargellas
12bts of 70 Gonzalez Byass

Might dispose of a couple of bottles of each. Let me know if interested.
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uncle tom
Dalva Golden White Colheita 1952
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Re: Latest buy

Post by uncle tom »

12bts of 70 Gonzalez Byass
A very good QV wine - I bought a 12 bottle owc if it way back in 2005 from Sothebys, for a princely £197.01 inclusive.

At auction last year it made over three times that - but still good value..
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Christopher
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Re: Latest buy

Post by Christopher »

I have to say around 2005/2006 was an amazing time to buy vintage port there were some amazing bargains!
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nac
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Re: Latest buy

Post by nac »

uncle tom wrote: 15:11 Thu 13 Aug 2020
12bts of 70 Gonzalez Byass
A very good QV wine - I bought a 12 bottle owc if it way back in 2005 from Sothebys, for a princely £197.01 inclusive.

At auction last year it made over three times that - but still good value..
£525 all inclusive, from BidForWine.

Not arrived yet, but from pictures looked pretty good and was in OWC.

Clearly some 15 year price inflation, but probably a good deal (I hope)!
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