Case Dow's 2011 Vintage Porto for Sale

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wienkc
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Case Dow's 2011 Vintage Porto for Sale

Post by wienkc » 02:52 Mon 17 Nov 2014

I have a case of Dow's 2011 Vintage Porto. It was recently rated Wine Spectator's 2014 #1 wine of the year. The wine appears to be "sold out" as far as I can tell. I've looked around a bit but cannot readily find it. Curious as to how much this wine might be worth in light of the most recent rating? Any insight would be appreciated.

PhilW
Dow 1980
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by PhilW » 09:32 Mon 17 Nov 2014

Dow 2011 is still fairly readily available for around £50-60 / bottle from reputable dealers at the moment; the Wine Spectator award is an interesting choice, given how young this is for a vintage port.

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AHB
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by AHB » 09:42 Mon 17 Nov 2014

PhilW wrote:...the Wine Spectator award is an interesting choice, given how young this is for a vintage port.
Wine Spectator seems to look only at (relatively) new wines when making their selection. Back in 1997 they chose the Taylor and Fonseca 1994 ports as their joint top wines for the year.
Top Port in 2017 (so far): Graham Stone Terraces 2015 and Quinta do Vesuvio 1994
2016 Port of the year: Cockburn 1908

wienkc
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by wienkc » 15:27 Mon 17 Nov 2014

Thanks, PhilW. I'm in the US and cannot find it here. Sounds like it's still readily available in the UK. I appreciate the feedback.

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djewesbury
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by djewesbury » 15:33 Mon 17 Nov 2014

Winesearcher Pro lists 68 US dealers offering Dow 2011, including 3 listing it by the case.


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Daniel J.
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wienkc
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by wienkc » 15:49 Mon 17 Nov 2014

OK. I'll have to subscribe to the Pro version.... Thanks. The "free" version only shows partial site listings and if you click through to order from the merchants that are listed (or call them), they are out of stock.

What's the Pro version listing the per bottle and per case price at right now?

Glenn E.
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by Glenn E. » 17:22 Mon 17 Nov 2014

wienkc wrote:What's the Pro version listing the per bottle and per case price at right now?
It's still at release price, essentially. $80/bottle.

Though one crazy place in Colorado Springs claims to be selling it for $48/bottle... :roll:
(After clicking through, that's their price for a 375. Their price for a full 750 is a still very nice $70/bottle.)

Based on past experience, the Wine Spectator rating isn't likely to produce a sudden windfall. My guess is that retail for the Dow might climb as high as $100/bottle, but probably no higher. Wine Spectator's yearly rating isn't worth nearly as much as a 100 from Parker, even though that makes little sense.
Glenn Elliott

PhilW
Dow 1980
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by PhilW » 17:32 Mon 17 Nov 2014

Glenn E. wrote:Based on past experience, the Wine Spectator rating isn't likely to produce a sudden windfall. My guess is that retail for the Dow might climb as high as $100/bottle, but probably no higher.
Also, unless your stock is still in-bond, you should also expect to be selling at a significant discount compared to the retailer price to take into account the risks of private-buyer uncertainty (provenance, storage conditions, guarantees etc).

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DRT
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by DRT » 17:37 Mon 17 Nov 2014

wienkc wrote:I'm in the US
PhilW wrote:unless your stock is still in-bond
Is there such a thing as "in-bond" in the US?

As an aside, being in-bond is no guarantee that a case hasn't been in someone's hands, it simply means it hasn't been in someone's hands since entering the UK.
"The first duty of Port is to be red"
Ernest H. Cockburn

Glenn E.
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by Glenn E. » 19:10 Mon 17 Nov 2014

DRT wrote:
wienkc wrote:I'm in the US
PhilW wrote:unless your stock is still in-bond
Is there such a thing as "in-bond" in the US?
No, not that I'm aware of. We don't have VAT, so there's no need to be able to hold something for which VAT has not yet been paid.
Glenn Elliott

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djewesbury
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by djewesbury » 19:11 Mon 17 Nov 2014

Glenn E. wrote:
DRT wrote:
wienkc wrote:I'm in the US
PhilW wrote:unless your stock is still in-bond
Is there such a thing as "in-bond" in the US?
No, not that I'm aware of. We don't have VAT, so there's no need to be able to hold something for which VAT has not yet been paid.
Off-topic but it isn't only VAT but also Excise Duty that is paid when wine (etc) leaves bond. We have many ways to inflict pain.
Daniel J.
delete.. delete.. *sigh*.. delete...

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differentdave
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by differentdave » 22:30 Wed 19 Nov 2014

I live in New York. On Thursday Dow 2011 VP was retailing for 100 per bottle. On Friday it was retailing for over 200 per bottle at a few local wine shops. Every seller on ws pro under 110 per bottle is out of stock.
I purchased 6 cases on Wednesday/Thursday prior to announcement being made (paid up to 85 per bottle) via wine searcher pro. Out of the 6 cases which I purchased (paid for with debit card) 5 cases were canceled by 3 different retailers. Same reasoning from each--- inventory on website was incorrect/out-of-date.
Luckily I had 18 bottles in the cellar already (2011 is birth year of son) so I have 2.5 cases to lay down. Intentions are 6 bottles are for me to consume, 12 bottles are a gift for my son at his 21st birthday and 12 bottles are to be determined.

Andy Velebil
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Re: Case Dow's 2011 Vintage Porto for Sale

Post by Andy Velebil » 22:39 Wed 19 Nov 2014

And in a few weeks or months prices will be back to $100-120 per bottle lol. Oh, gotta love WS top 100.


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