Search found 154 matches

by Patrick Stella
August 10th, 2020, 12:29 pm
Forum: Wine Talk
Topic: 2010 Dom Perignon
Replies: 36
Views: 2737

Re: 2010 Dom Perignon

As others have pointed out, not a good choice when there are better wines available for less. There is this bizarre perspective so often here that everything has to be one or the other. If you like Dom Perignon, as I personally do, why not at least buy a little bit of 10 for sake of comparison? The...
by Patrick Stella
July 31st, 2020, 1:15 pm
Forum: Wine Talk
Topic: Got the RONA...no smell, no taste, no WINE!
Replies: 109
Views: 5941

Re: Got the RONA...no smell, no taste, no WINE!

Hi...remember me? Unfortunately contracted the 19 three weeks ago, started with headache and fever, then three days later flu fatigue, a burning sensation in the nasal...and lost ALL smell and taste! And I mean...totally gone! I won't bore you with all the details...I wasn't hospitalized, and was a...
by Patrick Stella
July 8th, 2020, 10:34 am
Forum: Wine Talk
Topic: Hyped Vintages that Disappointed
Replies: 116
Views: 6249

Re: Hyped Vintages that Disappointed

I would have thought the 05s were at least 5-7 years away from showing whatever they have to show. It may not be much of a vintage, but I am not sure I'd be able to tell one way or another ATM Neal, I agree--time will tell. But I've tasted wines in the past couple months that I would have thought w...
by Patrick Stella
July 6th, 2020, 12:24 pm
Forum: Wine Talk
Topic: Hyped Vintages that Disappointed
Replies: 116
Views: 6249

Re: Hyped Vintages that Disappointed

The British critics by and large were very negative about 2003 in Bordeaux in the early stages. Jancis Robinson wrote a pretty scathing column about overripe wines. As I recall, she said something about them possibly appealing to American palates. Parker extolled them. 90 red burgs are admittedly v...
by Patrick Stella
July 6th, 2020, 10:12 am
Forum: Wine Talk
Topic: Hyped Vintages that Disappointed
Replies: 116
Views: 6249

Re: Hyped Vintages that Disappointed

For a few: California 1997 Bordeaux 1995, 2003 and for me 2009 and 2010 Burgundy 1983, 1990, 1995, 1997 Germany - what are the hyped vintages? The only ones I think of as really being hyped are 1971, 1975, 1976, 1990, 2001 and 2015. All of these are fabulous vintages, at least in the case of some p...
by Patrick Stella
June 29th, 2020, 3:03 pm
Forum: Wine Talk
Topic: 2006 Taittinger CdC Blanc
Replies: 3
Views: 327

Re: 2006 Taittinger CdC Blanc

I would say this is right in the first sweet spot. It certainly isn't a fully mature Champagne with tertiary flavors etc. But it's solidly in that first window where the initial, primary flavors have integrated. It's fresh and sturdy but open.
by Patrick Stella
June 29th, 2020, 2:53 pm
Forum: Wine Talk
Topic: Lets play...I HAVE NEVER...
Replies: 131
Views: 4404

Re: Lets play...I HAVE NEVER...

There are lots of great wines I've never had. But the one that bothers me is 61 Petrus.
by Patrick Stella
June 29th, 2020, 2:38 pm
Forum: Wine Talk
Topic: 2006 Taittinger CdC Blanc
Replies: 3
Views: 327

2006 Taittinger CdC Blanc

I know this wine has been widely discussed. I just wanted to add one more data point as I opened one today to see how it's doing and for intel on how 06s are coming along. I have developed a little fear over the past year that 06s will turn out to lack freshness and age-worthiness. It hasn't come so...
by Patrick Stella
June 29th, 2020, 10:52 am
Forum: Wine Talk
Topic: How to respond to, " My X (friend or relative) wants to get into the wine business. What do you recommend?"
Replies: 35
Views: 1817

Re: How to respond to, " My X (friend or relative) wants to get into the wine business. What do you recommend?"

I think the wine industry is a tough nut to crack. It's a very appealing hobby, but the good jobs in it are few and far between. Making wine is tough work, and the chances to be a top chef du cave or becoming the head winemaker at a serious chateaux are slim; selling wine is not that much fun unless...
by Patrick Stella
June 14th, 2020, 9:26 pm
Forum: Wine Talk
Topic: Prum 2015s and riesling vintages
Replies: 26
Views: 1306

Re: Prum 2015s and riesling vintages

I'll keep my eyes out for 2012.

What are people's thoughts on 2013s for JJP? That is the other recent vintage I bought a decent bit of and am curious about. I javent cracked those either to date.

Clearly I need to be opening more rieslings.
by Patrick Stella
June 14th, 2020, 5:13 pm
Forum: Wine Talk
Topic: Prum 2015s and riesling vintages
Replies: 26
Views: 1306

Re: Prum 2015s and riesling vintages

Ignore 2012 at your peril. Drop dead gorgeous vintage. I recently opened a 2015 Prüm Himmelreich Kabinett. It was closed like a steel drum. Thank you, David. I'll leave the 15s for a while longer. They are tucked away in deep offsite storage so shouldn't be a problem. Do you concur with Rob that 15...
by Patrick Stella
June 14th, 2020, 4:26 pm
Forum: Wine Talk
Topic: Prum 2015s and riesling vintages
Replies: 26
Views: 1306

Prum 2015s and riesling vintages

I bought a bunch of 2015 Prums but haven't started digging into them yet. Anyone want to share any recent experiences with them ? How do you feel they are turning out at this stage at least? Separately, I'm curious to know people's opinions on recent vintages. 01 is always my benchmark for riesling-...
by Patrick Stella
June 8th, 2020, 1:08 pm
Forum: Wine Talk
Topic: RUDY KURNIAWAN & GLOBAL WINE AUCTION FRAUD THREAD (MERGED)
Replies: 8820
Views: 1316498

Re: RUDY KURNIAWAN & GLOBAL WINE AUCTION FRAUD THREAD (MERGED)

Don, this sort of makes me think that we can't really trust Zachy's authentication either. In 2012 both Rodenstock and Rudy were widely exposed. So the purchase in 1984 might have been excusable, but assuming this bottle was ok in 2012 based on a 1984 receipt sure isn't. John: My friend Geoffrey Tr...
by Patrick Stella
June 3rd, 2020, 11:49 am
Forum: Wine Talk
Topic: Most bottles of a single wine from one vintage in your cellar
Replies: 241
Views: 11440

Re: Most bottles of a single wine from one vintage in your cellar

Definitely 2008 Dom perignon (not sure how much but 15-20 cases), followed by 2008 Cristal and Krug 168, both > 10 cases. For still wines 17 PYCM BB and 17 HN BR which are our house white and red, respectively. Hey Michael, just curious--do you think of a case here as a 6 pack or a 12 pack? Either ...
by Patrick Stella
June 3rd, 2020, 10:51 am
Forum: Wine Talk
Topic: Most bottles of a single wine from one vintage in your cellar
Replies: 241
Views: 11440

Re: Most bottles of a single wine from one vintage in your cellar

Definitely 2008 Dom perignon (not sure how much but 15-20 cases), followed by 2008 Cristal and Krug 168, both > 10 cases. For still wines 17 PYCM BB and 17 HN BR which are our house white and red, respectively. Hey Michael, just curious--do you think of a case here as a 6 pack or a 12 pack? Either ...
by Patrick Stella
April 17th, 2020, 10:52 am
Forum: Wine Talk
Topic: Wine Pricing at Auction - MENTAL
Replies: 138
Views: 12113

Re: Wine Pricing at Auction - MENTAL

For the Internet, this is the most gentle form of being 'picked on' so I appreciate the feedback, and it's a fair criticism and question. Note that I said I GUESSED that the ultra high end is driven by "mostly speculators or the super rich." Maybe the latter point is tautologous, as anyone who can ...
by Patrick Stella
April 15th, 2020, 1:42 pm
Forum: Wine Talk
Topic: Wine Pricing at Auction - MENTAL
Replies: 138
Views: 12113

Re: Wine Pricing at Auction - MENTAL

I’d love to see some detailed analysis of wine auction markets. They’re really odd and interesting. They represent a teeny teeny portion of the wine biz (SWAG - not more than a few percent), but not clear what fraction of the ‘fine wine’ biz. I bet very small too. It has really weird supply and dem...
by Patrick Stella
March 23rd, 2020, 2:07 pm
Forum: Wine Talk
Topic: TN: 2016 Montrose
Replies: 31
Views: 1278

Re: TN: 2016 Montrose

I'll have to open a 16 to see what I can get from it. Understood, regarding the different styles. Thanks for the note.
by Patrick Stella
March 23rd, 2020, 12:06 pm
Forum: Wine Talk
Topic: TN: 2016 Montrose
Replies: 31
Views: 1278

Re: TN: 2016 Montrose

I have been buying a good number of 2016s recently, including Montrose. There seems to be a rare consensus among critics--everyone from the classicists to the big scorers love them. Everyone from Parker, to Neal Martin and Galloni, to Jancis Robinson all think they are great. At 35, I am hoping 2016...
by Patrick Stella
March 20th, 2020, 2:15 pm
Forum: Wine Talk
Topic: Will stock market collapse equal lower prices at wine auctions?
Replies: 214
Views: 17237

Re: Will stock market collapse equal lower prices at wine auctions?

Just trying to give everyone color to be helpful: consensus from our commercial clients is brick and mortar wine stores are doing well for now. Deliveries are still allowed, at least in NY even following the full lockdown. People seem to be buying wine for consumption at home. Here, at least--and I ...
by Patrick Stella
March 19th, 2020, 2:17 pm
Forum: Wine Talk
Topic: Will stock market collapse equal lower prices at wine auctions?
Replies: 214
Views: 17237

Re: Will stock market collapse equal lower prices at wine auctions?

Just as a data point, for whatever it's worth, I got up early to watch the Sotheby's London sale yesterday to see how the market was holding up. I watched probably 75% of the sale (it was pretty long). Anecdotally, I'd say prices were firm to high. A few passes here and there, but the only thing tha...
by Patrick Stella
March 6th, 2020, 11:19 am
Forum: Wine Talk
Topic: Will stock market collapse equal lower prices at wine auctions?
Replies: 214
Views: 17237

Re: Will stock market collapse equal lower prices at wine auctions?

The Nikkei is down roughly 40% today since its all time high in 1989. A Japanese investor has pretty much wasted a lifetime waiting to see profits, has never earned any, and is dealing with a 40% loss after 31 years of patience. While it’s true that if you’d only put money in the Nikkei right at th...
by Patrick Stella
March 6th, 2020, 11:15 am
Forum: Wine Talk
Topic: Will stock market collapse equal lower prices at wine auctions?
Replies: 214
Views: 17237

Re: Will stock market collapse equal lower prices at wine auctions?

when over the long term has it not ? Hey Nick, Not trying to be rude or flip or anything, but it happens a lot. The only place it hasn't happened since the 30s is the US. The Nikkei is down roughly 40% today since its all time high in 1989. A Japanese investor has pretty much wasted a lifetime wait...
by Patrick Stella
March 5th, 2020, 3:04 pm
Forum: Wine Talk
Topic: Will stock market collapse equal lower prices at wine auctions?
Replies: 214
Views: 17237

Re: Will stock market collapse equal lower prices at wine auctions?

Everyone has a plan until they get punched in the mouth- Mike Tyson Every passive investor has a buy and hold approach, until they suffer a 25% drawdown in one month. I hope every single person on this board is successful with their investment approach, I really do. But what I’m seeing out there, a...
by Patrick Stella
March 1st, 2020, 10:02 am
Forum: Wine Talk
Topic: Baghera Auctions "Origins" Sale
Replies: 0
Views: 259

Baghera Auctions "Origins" Sale

Did anyone happen to watch or participate in this sale ? If anyone has info on results pls lmk. I am just curious how the sale went. Lots of DRC, v good provenance, lots of authentic large formats, but v mixed vintage quality. Full disclosure I have no financial interest in it but I am dying to know...
by Patrick Stella
February 21st, 2020, 11:25 am
Forum: Wine Talk
Topic: Are we seeing the end of the madness?
Replies: 27
Views: 3668

Re: Are we seeing the end of the madness?

There's very little speculation in the fine wine market these days. There was a wave of wine funds 10 years ago, but virtually none are left. Individual buyers are not speculators. They generally drink the wines. Expensive burgundies also aren't an attractive target for speculation--they're already ...
by Patrick Stella
February 21st, 2020, 10:47 am
Forum: Wine Talk
Topic: What’s your “definite buy” in 2020?
Replies: 140
Views: 13933

Re: What’s your “definite buy” in 2020?

Quality over quantity Age over youth As an aside--and sorry to drift off topic a bit--when I think about the wine market and whether prices can continue to stay strong or even increase, I always think this is a source of upward pressure that people forget about: rationalizing quantity of purchasing...
by Patrick Stella
February 21st, 2020, 8:44 am
Forum: Wine Talk
Topic: 1996 Bruno Giacosa Barolo Riserva Falletto di Serralunga d'Alba
Replies: 2
Views: 486

Re: 1996 Bruno Giacosa Barolo Riserva Falletto di Serralunga d'Alba

Martin,

There is definitely a lot of pleasure to be had from this wine. It does need a couple hours, and this is certainly the time to deploy the decanter. But it's delicious.
by Patrick Stella
February 20th, 2020, 1:27 pm
Forum: Wine Talk
Topic: 1996 Bruno Giacosa Barolo Riserva Falletto di Serralunga d'Alba
Replies: 2
Views: 486

1996 Bruno Giacosa Barolo Riserva Falletto di Serralunga d'Alba

I had a hunkering for some barolo, and this caught my eye in the cellar. Decided to give it a rip and see where this is at the moment. It took a little time to open up, but after about 2 hours, boy it really got going. To me, the best description is that the flavor really cleared up as the wine open...
by Patrick Stella
December 5th, 2019, 1:50 pm
Forum: Wine Talk
Topic: Leroy Beaux Monts vertical, 1990-2002
Replies: 14
Views: 1287

Re: Leroy Beaux Monts vertical, 1990-2002

Thanks for sharing. My experience with 99 has been similar--solid but young.

It sounds to me like you had a troubled bottle on the 90. I'm embarrassed to say but I've popped 3 bottles of it over the last month, and 2 have been absolutely excellent. When it's on, it can be really good.
by Patrick Stella
November 5th, 2019, 1:29 pm
Forum: Wine Talk
Topic: What bottle of wine did you open today?
Replies: 12316
Views: 466871

Re: What bottle of wine did you open today?

special occasion, and too many bottles even so, but here goes: 90 DP Rose Mag Excellent, fresh. Dependably great. 90 Ruinart Rose Mag Hadn't had one in a while; not as good as I'd hoped. Maybe just got outshone by the DP. Hope next one will be as good as I remember these used to be. 82 Latour Good b...
by Patrick Stella
November 4th, 2019, 9:42 am
Forum: Wine Talk
Topic: WOTYs--2019 Edition--TABULATIONS COMPLETE (OP)
Replies: 193
Views: 15906

Re: WOTYs--2019 Edition--and your Discovery of the Year

There was a lot of wine in 2019. This past weekend was my 35th birthday, and there were some nice bottles. 91 Roumier BM is a wine I've rarely seen before and never tasted, and that was really good. 82 Lafleur was also a treat.
by Patrick Stella
October 21st, 2019, 1:34 pm
Forum: Wine Talk
Topic: Krug event impressions: 06 vintage and some older wines
Replies: 25
Views: 1765

Re: Krug event impressions: 06 vintage and some older wines

The reps from Krug don’t bring backup bottles? I’m surprised they would even announce or show dead, corked or off bottles. Wasn't at this event, but for similar ones that I've been to, a few collectors/attendees bring a bottle or two from their cellars. I'm assuming that's what happened here. Ray i...
by Patrick Stella
October 19th, 2019, 5:46 pm
Forum: Wine Talk
Topic: Krug event impressions: 06 vintage and some older wines
Replies: 25
Views: 1765

Re: Krug event impressions: 06 vintage and some older wines

Brad, thanks for reminding me on that. I did ask the Krug people about that and the person I was talking to said they honestly aren't sure. I believe it's still up in the air. There was also some talk about not doing a 12, which I was confused by. Anyone have any info on that ? I dont understand why...
by Patrick Stella
October 19th, 2019, 2:04 pm
Forum: Wine Talk
Topic: Krug event impressions: 06 vintage and some older wines
Replies: 25
Views: 1765

Krug event impressions: 06 vintage and some older wines

A big thank you to the Krug folks and a local retailer here who put on a very nice tasting this past week. Some impressions below: Current GC 2011 base. Impressively good for a wine anchored by a challenging year. Well done. 06 very ripe. Very open. Certainly the most accessible young Krug I've ever...
by Patrick Stella
October 10th, 2019, 12:00 pm
Forum: Wine Talk
Topic: Recent visit in Piemonte - some thoughts
Replies: 30
Views: 2301

Re: Recent visit in Piemonte - some thoughts

This is my third time that I visit Piemonte and this was another great trip with the family. We recently got our second kid, so I new that I couldn't get to visit many wineries this time, but we still managed to visit Bartolo Mascarello, Luigi Oddero, Burlotto and Brovia. Some thoughts from the vis...
by Patrick Stella
October 9th, 2019, 2:55 pm
Forum: Wine Talk
Topic: 2008 Salon
Replies: 152
Views: 13897

Re: 2008 Salon

If it's true that there are 4 in CA, it is very difficult to believe one merchant has sold 75 or whatever in Holland.
by Patrick Stella
October 6th, 2019, 7:13 pm
Forum: Wine Talk
Topic: What bottle of wine did you open today?
Replies: 12316
Views: 466871

Re: What bottle of wine did you open today?

Over two nights this weekend 96 DP oeno solid as always 96 DP rose excellent. 2 btls very similar both very good. 90 turque not quite as fresh as other bottles I've had. Still v good but there is one more level for this wine 90 latour (375) this can be quite good out of halves. This was better than ...
by Patrick Stella
October 5th, 2019, 12:31 pm
Forum: Wine Talk
Topic: I'm done*
Replies: 383
Views: 23576

Re: I'm done*

I was reluctant to post this but, my FIL has always had an old world palette and we’ve enjoyed many great older bdx. But begining in his late 70’s he really starting shifting to bigger and bigger wines (Cali cabs) in an almost ‘chasing the dragon’ kind of way. Anyone else experienced this? Robert P...
by Patrick Stella
October 5th, 2019, 12:17 pm
Forum: Wine Talk
Topic: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment
Replies: 1438
Views: 87380

Re: US to impose 25% tariff on European wine, cheese, etc.

Damn, I feel for some of you cats that buy a lot of still french wines. Getting sucked up into something like this stinks. I feel bad for the small business owners but as a consumer who buys primarily French and German wine, this strikes me as potentially the best buying opportunity of my life. I’m...
by Patrick Stella
October 3rd, 2019, 12:13 pm
Forum: Wine Talk
Topic: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment
Replies: 1438
Views: 87380

Re: US to impose 25% tariff on European wine, cheese, etc.

Customs will tell them to pay the tariff on the value of the wines. For old wines that can be assessed through various means. I am not going to go into all the potential methods of valuation because it will turn into 6 pages of questions about why, why, why. Thanks, David. So the point is, it's mar...
by Patrick Stella
October 3rd, 2019, 12:08 pm
Forum: Wine Talk
Topic: Don't Stop Me Now... OR The Young and Spend-y Thread
Replies: 242
Views: 14717

Re: Don't Stop Me Now... OR The Young and Spend-y Thread

Aren't you the guy who came to a tasting/dinner at my place in Calistoga...an Eisele retrospective, where we had all the Eisele Vineyard greats? And Doug Eisele was there, and the old winemaker from Phelps who made Eisele? Blicker and Company were there...bunch of people. It had to have been 10 yea...
by Patrick Stella
October 3rd, 2019, 10:38 am
Forum: Wine Talk
Topic: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment
Replies: 1438
Views: 87380

Re: US to impose 25% tariff on European wine, cheese, etc.

I'm not asking about the politics of it. I'm asking what the current law says under these tariffs and how the mechanics would work. If someone imports a big cellar from Europe on Oct 16, with lots of different old bottles, what will customs tell them? Customs will tell them to pay the tariff on the...
by Patrick Stella
October 3rd, 2019, 8:45 am
Forum: Wine Talk
Topic: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment
Replies: 1438
Views: 87380

Re: US to impose 25% tariff on European wine, cheese, etc.

I'm not asking about the politics of it. I'm asking what the current law says under these tariffs and how the mechanics would work.

If someone imports a big cellar from Europe on Oct 16, with lots of different old bottles, what will customs tell them?
by Patrick Stella
October 3rd, 2019, 8:34 am
Forum: Wine Talk
Topic: US 25% tariff on European wines; 100% "digital" tariff on French products called off for the moment
Replies: 1438
Views: 87380

Re: US to impose 25% tariff on European wine, cheese, etc.

Can anyone provide any insight on what happens with wines that are being imported within the secondary market rather than the primary market? If a wine is being sold ex cellar, through the importer, then the distributor, etc. ok, then we understand the tariff will apply to whatever price the importe...
by Patrick Stella
September 27th, 2019, 2:25 pm
Forum: Wine Talk
Topic: 2008 Salon
Replies: 152
Views: 13897

Re: 2008 Salon

I know a number of major Champagne collectors/drinkers, and not a single one of them is remotely thinking of buying one of these assortment packs at those prices. sounds like the house has badly miscalculated. Doubt any retailer would buy the set and break it up (like 88 DRC) since the baggage woul...
by Patrick Stella
September 26th, 2019, 11:36 am
Forum: Wine Talk
Topic: 2008 Salon
Replies: 152
Views: 13897

Re: 2008 Salon

The package does seem to be selling out everywhere I've seen an offer. I'm mystified as to why anyone would pay that price but it seems Salon made the right call. Do we know how many of the 8000 purportedly produced are actually being sold right now ? Anecdotal scarcity may be indicate just that th...
by Patrick Stella
September 26th, 2019, 11:33 am
Forum: Wine Talk
Topic: 2008 Salon
Replies: 152
Views: 13897

Re: 2008 Salon

Personally, I dont think this price will be maintained. I too compute that they are asking about $5,000 for the 08 mag. As someone who underwrites wine for a living, an 08 Salon mag just isn't worth that much. It's worth $1,000, maybe a touch more. But that makes the case worth $3,500-$4,000 I beli...
by Patrick Stella
September 25th, 2019, 7:43 pm
Forum: Wine Talk
Topic: 2008 Salon
Replies: 152
Views: 13897

Re: 2008 Salon

Personally, I dont think this price will be maintained. I too compute that they are asking about $5,000 for the 08 mag. As someone who underwrites wine for a living, an 08 Salon mag just isn't worth that much. It's worth $1,000, maybe a touch more. But that makes the case worth $3,500-$4,000 I belie...
by Patrick Stella
September 5th, 2019, 12:56 pm
Forum: Wine Talk
Topic: Wine dinner/event investment fraud scheme - Omar Khan
Replies: 25
Views: 3222

Wine dinner/event investment fraud scheme - Omar Khan

As a lender this kind of thing is particularly terrifying, and I am incredibly thankful not to be mixed up in it. It's the kind of thing that could put me out of work very quickly. Scary story for industry folks, but I'm sure of interest to those that are just collectors too. https://nypost.com/2019...

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