Selling wine

Feb 15, 2004 16 Replies

Please could anyone give me advice on how to sell 18 bottles of wine which were bought as an investment for my son when he was born? He is now 21 and we don't have a clue how to realise the investment for him. How do we get it valued? Who can we trust to be straight with us? etc etc



Thanks in anticipation.



Viv


"Viv" wrote in news:402fc034$1 snipped-for-privacy@mk-nntp-1.news.uk.worldonline.com:

First...what are they?

Salut/Hi Viv,

le/on Sun, 15 Feb 2004 18:53:39 -0000, tu disais/you said:-

Would it be impertinent to suggest that you give him the wine, and let him decide what to do with it?

If this doesn't appeal, and/or he wants you to sell on his behalf, then I suggest Christies. I've found them honest and experienced.

Who advised you on this very risky investment 21 years ago? That's the first place I'd start.

Dana

How have these wines been stored? If they haven't been cellared correctly, then its highly likely that you have 18 bottles of good vinegar!

Thanks for all the responses. I can't query the original investment as they were bought by a relative who has since passed away. He took advice though, I gather. They have been stored in a cellar, and not moved. They are Chateau Cissac Haut medoc 1982.

Any suggestions where to start would be appreciated.

Well, 1982 was a great vintage and if stored properly the wines do have

*some* value, but probably not more than $50 (U.S.) per bottle (although I could be wrong). This is a Cru Bourgeois that, according to Parker, ages fairly well and is "especially popular" in England. However, even the 1982s may be fully mature or declining. I have never tasted this wine.

Too bad the original investment advisor didn't recommend a 1982 first-growth or other top-flight 1982 (e.g., Pichon Lalande or Leoville Las Cases). Those wines increased in value tremendously.

I'd agree with this. Most '82 Cru Bourgeois seem to be declining. '82 Potensac is tasty, but showing age. I'd guess a fair market value of closer to $30, assuming you can show good storage. Dale

Dale Williams Drop "damnspam" to reply

I'd agree with this. Most '82 Cru Bourgeois seem to be declining. '82 Potensac is tasty, but showing age. I'd guess a fair market value of closer to $30, assuming you can show good storage. Dale

Dale Williams Drop "damnspam" to reply

I'd agree with this. Most '82 Cru Bourgeois seem to be declining. '82 Potensac is tasty, but showing age. I'd guess a fair market value of closer to $30, assuming you can show good storage. Dale

Dale Williams Drop "damnspam" to reply

I'd agree with this. Most '82 Cru Bourgeois seem to be declining. '82 Potensac is tasty, but showing age. I'd guess a fair market value of closer to $30, assuming you can show good storage. Dale

Dale Williams Drop "damnspam" to reply

Methinks you should not allow your cat/s to walk on the keyboard and repeat send-post...

Vilco

My apologies. Have no cat, only a Basset Hound (who thankfully doesn't walk on keyboard, she has large paws). I was using an offline newsreader, which apparently wasn't able to confirm send, so re-sent post each time I went online. My apologies to everyone! Dale

Dale Williams Drop "damnspam" to reply

A well reputed minor chateau. Going price should be around 50USD a bottle. I suggest you drink and enjoy. Anders

And my apologies to you, for having forgot smiles in my post :)

Vilco

To answer the question... Ebay.

I am going to be selling some Chateauneuf DuPape(1990) there this weekend.

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