Sticker shock

My Burgundy epiphany arrived in the form of the '88 Dujac Clos de la Roche, which we purchased at the first HDH auction in 2004 as part of a mixed case of '88 GCs (total cost $550 + vig for the case). Today, I received the latest HDH auction catalogue in which that same '88 Dujac Clos de la Roche is now priced at $300-450 a _bottle_! :( The only silver lining is a graphic at the beginning of the catalogue showing an overall decline in auction prices over the past year. Perhaps we can dub that the "Rudy Kurniawan effect"? ;-)

Mark Lipton

Reply to
Mark Lipton
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Yeah, lots of stuff that I used to be able to afford- no longer!

I will point out a couple of other factors than general rises:

Dujac - already borderline cult-I'd guess the CdlR was the most expensive bottle in that mixed case? - has gotten even more popular since 2004.

1988 really languished in market for a lot of years as they're on austere side, and were shut down hard. Parker rated them mediocre to poor. But as they've begun drinking (much) better - and the comments on wine boards and by critics like Meadows and Gilman who have a better grip on Burgundy are much more positive- prices have creeped up even more than other vintages. As a fan of the vintage this makes me sad! :)

Those are just observations, I totally agree re Burg prices overall

Reply to
DaleW

Good points, Dale. I have no idea if Dujac was the most expensive in the case, but probably (the rest IIRC were Faiveley and Roty GCs - Chambertin Clos de Bez, Mazis-Chambertin, etc, and multiple bottles of Chevillon Vaucrains). And of course this effect isn't limited to Burgundy. Bdx, CalCabs and Rhone wines have all undergone similar price escalation.

Mark Lipton

Reply to
Mark Lipton

Depending on your own interests, you could consider selling those wines on the aftermarket to fund the purchase of other wines that you might enjoy more. IIRC, Dale has some experience with that '75 Lafite and came to a similar conclusion as you.

Mark Lipton

Reply to
Mark Lipton

I like the 75 Lafite, but it's certainly not a topflight first. And definitely not worth that kind of coin. Though this isn't apparently a bargain seller- WMJ lists average as $450, and that includes all premiums. I've only sold wines where a friend really wanted a wine. But if I had 1975 Lafite and thought I could clear $350, I'd be tempted.

Reply to
DaleW

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