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Valuation?

Posted: 05:16 Fri 06 Jul 2018
by GOLFBUMM4LIFE
Found this bottle of port while cleaning out family home.

Niepoort's 1931 port
Garantia 326241

Valuation???

Posted: 05:18 Fri 06 Jul 2018
by GOLFBUMM4LIFE
Found a bottle of port. Interested in getting an idea of hiw much it is worth.


Niepoort's 1931 Port

Re: Valuation???

Posted: 07:08 Fri 06 Jul 2018
by jdaw1
GOLFBUMM4LIFE wrote:Found a bottle of port. Interested in getting an idea of hiw much it is worth.


Niepoort's 1931 Port
Please can we be told more.

Provenance? I.e., what does "found" mean?

Where and who are you?

Please, pictures of the bottle, label, capsule, level.


Re: Valuation???

Posted: 19:04 Sat 07 Jul 2018
by GOLFBUMM4LIFE
I live in Charlotte NC.. i keep trying to upload photos but they say file to big

Re: Valuation???

Posted: 13:59 Sun 08 Jul 2018
by jdaw1
Email to me and I will upload (contact info).

Meanwhile please do explain what is meant by “found”. Where or how found? How did the bottles get there? What has been their history?

Re: Valuation?

Posted: 14:39 Mon 09 Jul 2018
by Alex Bridgeman
If you're able to post some pictures, we may be able to help you. Please also let us know where you are in the world.

Re: Valuation???

Posted: 17:09 Mon 09 Jul 2018
by DRT
Two threads asking the same question now merged into one.

[DRT as Admin]

Re: Valuation???

Posted: 17:48 Thu 12 Jul 2018
by SushiNorth

Re: Valuation???

Posted: 17:56 Thu 12 Jul 2018
by SushiNorth
So, my impression on looking at the photos is that the Garantia is of a current styling, the bottle looks molded (not blown) per the shoulder seam in photo 3, the labels look like a mishmash of modern and antiqued, and the capsule is similar to what Niepoort has used recently. I think i recall opening up even slightly older niepoorts and the capsule was yellow, and back in '31 my guess is it would have been waxed instead.

Re: Valuation???

Posted: 19:09 Thu 12 Jul 2018
by DRT
The label says Bottled 1938 and Decanted 1979. This is a 1931 Garrafeira - aged in wood for 7 years then another 41 years in Demijon before being "Decanted" into this bottle. The inconsistent apparent ages of the label, seal and selo can easily be explained if it was released from the cellar some time after 1979. That would also explain why the selo is on the outside of the capsule.

Looks the real deal to me.

Re: Valuation???

Posted: 19:44 Thu 12 Jul 2018
by SushiNorth
That definitely explains the modern trappings on a a bottle labeled 1931, but is this a 1931 Niepoort "VP", or something else? What effect has Demijon>Bottle had (based on our tastings)? And has anyone seen this before from Niepoort?

[edit]
Looks like the answer is yes:
viewtopic.php?p=17086
viewtopic.php?p=45885

Re: Valuation???

Posted: 20:02 Thu 12 Jul 2018
by DRT
SushiNorth wrote: 19:44 Thu 12 Jul 2018is this a 1931 Niepoort "VP", or something else?
DRT wrote: 19:09 Thu 12 Jul 2018This is a 1931 Garrafeira - aged in wood for 7 years then another 41 years in Demijon before being "Decanted" into this bottle.
Garrafeira is a style of Colheita. It is not VP :wink:

Re: Valuation???

Posted: 20:06 Thu 12 Jul 2018
by SushiNorth
Even closer...
https://www.jahrhundertweine.de/shpSR.p ... 257&p2=531
https://www.idealwine.com/uk/acheter-vi ... edium=FEED

Based on those Euro prices, looks like you could probably ask a little more, esp with the bottle in decent condition.

Re: Valuation???

Posted: 01:17 Fri 13 Jul 2018
by GOLFBUMM4LIFE
Bottle is in great condition... I live in North Carolina, USA. Is $1000(American Dollars) seem reasonable?

Re: Valuation???

Posted: 01:17 Fri 13 Jul 2018
by GOLFBUMM4LIFE
Where would i sell a bottle like this?

Re: Valuation???

Posted: 01:21 Fri 13 Jul 2018
by GOLFBUMM4LIFE
I found this old auction link online sold for $925. Does this seem reasonable

https://auction.catawiki.com/kavels/173 ... ed-in-1979

Re: Valuation???

Posted: 03:01 Fri 13 Jul 2018
by SushiNorth
You can try looking for a consigner (Benchmark) or for a wine auctioneer (zachys, acker merrall condit), or you can look for one of the "sell your wine" online sites/auctions. In any case, you'll be asked for details on how the wine was kept.

Re: Valuation???

Posted: 09:34 Fri 13 Jul 2018
by PhilW
From the label, this appears to be a 1931 Niepoort Garrafeira port - note this is neither a "vintage port" nor a "tawny"/"colheita", but a separate relatively uncommon style of port created by the process described by DRT.

The label and bottle appear genuine, of the expected type. The capsule is the same colour as those I have seen on Ni31g previously, though I think I have only seen plain red capsules. The selo seems suprisingly clean to me given the label, but this is something I have seen before on another similar bottle so perhaps not an issue; though I would note that the selo on previous bottles has always been under the capsule rather than over it - which is my only warning flag from the images - though I also note that the auction you linked on Catawiki has a very similar looking bottle to yours in every respect.

Regarding value, this will depend on the bottle provenance, where it has come from and how it has been stored, if known. Can you comment on this last?

Re: RE: Re: Valuation???

Posted: 11:12 Fri 13 Jul 2018
by jdaw1
jdaw1 wrote:Provenance? I.e., what does "found" mean?

Re: Valuation???

Posted: 17:01 Fri 13 Jul 2018
by GOLFBUMM4LIFE
By "found" i mean my grandfather who , recently passed, had a wine collection. Majority of wine good to drink not much value.

But in his collection i found this

Re: Valuation???

Posted: 17:09 Fri 13 Jul 2018
by GOLFBUMM4LIFE
It was stored in a homes wine collection. Not in cellar or fridge. Stored at air conditioned home.

Provenance: product of Portugal

Re: Valuation???

Posted: 22:02 Sat 21 Jul 2018
by Glenn E.
In broad terms, Garrafeiras should be treated and stored like Vintage Ports (or red wines). Unfortunately, stored in an air conditioned home not in a cellar or fridge is not proper storage conditions. It's not horrible, but it's not what I would expect for an expensive bottle of wine. So to me, this bottle would not be worth what a properly stored bottle might fetch.

Also note that a private sale will rarely fetch the prices that you see on the internet. In the US you can often approach 70% of internet prices; in the UK it's more like 50%. So while a properly stored bottle like this might sell for $1000 via an internet retailer, it would likely only sell for $700 (if you're lucky) in the US or $500 in the UK.

Factor in the storage conditions and I would estimate $350 to $450 in the US for a private sale. Perhaps $300 in the UK.

Re: Valuation???

Posted: 02:19 Wed 25 Jul 2018
by GOLFBUMM4LIFE
Thank you... Do you know how to sell it in US?

Re: Valuation???

Posted: 05:02 Wed 25 Jul 2018
by Andy Velebil
GOLFBUMM4LIFE wrote:Thank you... Do you know how to sell it in US?
The states are complicated as every state has different laws and shipping wine as a private person is even more difficult (as in if you ship it illegally they confiscate it and destroy it if they find it). Add in no shipping until at least October too due to heat too. Best best is an auction house or sell to someone in your state you can hand deliver to. Or wait until winter and then sell it (probably the best bet).


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