HDH craziness

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pnitze
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HDH craziness

#1 Post by pnitze » September 13th, 2018, 8:49 am

Took a peek at the early lots this morning. In what will surely be the first of many OMG moments, lot 229 made my jaw drop.

2 bottles 1978 Pousse d’Or “Clos des 60 Ouvrees,” estimate $550-850.

Hammer? Wait for it... $8500!

Anyone care for a $5000 bottle of well-aged Volnay?

I will say that this particular wine is the best bottle of Volnay I’ve ever drunk, so you are at least getting good wine for your money.

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Dennis Atick
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Re: HDH craziness

#2 Post by Dennis Atick » September 13th, 2018, 8:53 am

Yep. I stopped watching. Prices are really, really strong.
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Sarah Kirschbaum
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Re: HDH craziness

#3 Post by Sarah Kirschbaum » September 13th, 2018, 10:08 am

pnitze wrote:
September 13th, 2018, 8:49 am
Took a peek at the early lots this morning. In what will surely be the first of many OMG moments, lot 229 made my jaw drop.

2 bottles 1978 Pousse d’Or “Clos des 60 Ouvrees,” estimate $550-850.

Hammer? Wait for it... $8500!

Anyone care for a $5000 bottle of well-aged Volnay?

I will say that this particular wine is the best bottle of Volnay I’ve ever drunk, so you are at least getting good wine for your money.
Are you sure that's not a typo on their part? Exactly 10 times high estimate seems too much of a coincidence on top of the crazy-seeming price. Given the current environment, though, nothing is impossible.

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Re: HDH craziness

#4 Post by Ian Dorin » September 13th, 2018, 10:25 am

Sarah Kirschbaum wrote:
September 13th, 2018, 10:08 am
pnitze wrote:
September 13th, 2018, 8:49 am
Took a peek at the early lots this morning. In what will surely be the first of many OMG moments, lot 229 made my jaw drop.

2 bottles 1978 Pousse d’Or “Clos des 60 Ouvrees,” estimate $550-850.

Hammer? Wait for it... $8500!

Anyone care for a $5000 bottle of well-aged Volnay?

I will say that this particular wine is the best bottle of Volnay I’ve ever drunk, so you are at least getting good wine for your money.
Are you sure that's not a typo on their part? Exactly 10 times high estimate seems too much of a coincidence on top of the crazy-seeming price. Given the current environment, though, nothing is impossible.
I was thinking the same thing!
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pnitze
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Re: HDH craziness

#5 Post by pnitze » September 13th, 2018, 10:59 am

Could be a typo. If so, hasn’t been corrected yet. This is exactly the kind of very thinly traded wine that could achieve a crazy price though. Would be a world auction record for a 750 of Volnay presumably?
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Re: HDH craziness

#6 Post by ybarselah » September 13th, 2018, 11:00 am

i was watching it live. it was pretty remarkable.
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Re: HDH craziness

#7 Post by Sarah Kirschbaum » September 13th, 2018, 11:45 am

ybarselah wrote:
September 13th, 2018, 11:00 am
i was watching it live. it was pretty remarkable.
Wow.

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Re: HDH craziness

#8 Post by A. So » September 13th, 2018, 11:49 am

No typo.
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Re: HDH craziness

#9 Post by Tom Gutting » September 13th, 2018, 11:58 am

Dennis Atick wrote:
September 13th, 2018, 8:53 am
Yep. I stopped watching. Prices are really, really strong.
I did the same. Some of these prices have just gone Berserk! Missed the Pousse d'Or lot but had a watch on it because it was my birth year. I can unequivocally say it's not worth it. Haha.
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Re: HDH craziness

#10 Post by Ian Dorin » September 13th, 2018, 12:06 pm

I just peaked through the sale, and didn't see anything else out of whack like this. Prices are solid to strong, but I wouldn't say these are crazy results so far. Anything else standing out?
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Re: HDH craziness

#11 Post by Sarah Kirschbaum » September 13th, 2018, 12:07 pm

I have a 5L of '72 Pousse d'or Clos de la Bousse d'Or. Sure, '72 (my birth year) isn't '78, but burgundy insiders love it. I can find something else to drink on my 50th. :)

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Re: HDH craziness

#12 Post by Jayson Cohen » September 13th, 2018, 12:13 pm

Sarah Kirschbaum wrote:
September 13th, 2018, 12:07 pm
I have a 5L of '72 Pousse d'or Clos de la Bousse d'Or. Sure, '72 (my birth year) isn't '78, but burgundy insiders love it. I can find something else to drink on my 50th. :)
Wow. No kidding.

I’m also looking at my 1993 Bousse D’Or in a new light.

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Re: HDH craziness

#13 Post by ybarselah » September 13th, 2018, 12:17 pm

6 bottles 2009 mugnier amour $8,500

6 bottles 2009 patrice rion amour $1,000

terroir matters.
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Re: HDH craziness

#14 Post by c fu » September 13th, 2018, 12:31 pm

ybarselah wrote:
September 13th, 2018, 12:17 pm
6 bottles 2009 mugnier amour $8,500

6 bottles 2009 patrice rion amour $1,000

terroir matters.
The rion price is lol
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Re: HDH craziness

#15 Post by Ian Dorin » September 13th, 2018, 12:58 pm

c fu wrote:
September 13th, 2018, 12:31 pm
ybarselah wrote:
September 13th, 2018, 12:17 pm
6 bottles 2009 mugnier amour $8,500

6 bottles 2009 patrice rion amour $1,000

terroir matters.
The rion price is lol
Actually, the Rion price is mostly inline with a Christie's price from a year ago.

The Mugnier is a healthy jump though, and the 2008 Mugnier is another one, but understandable given how good and tiny the production is of this wine.
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Re: HDH craziness

#16 Post by ybarselah » September 13th, 2018, 1:14 pm

2015 drc not insane.
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Re: HDH craziness

#17 Post by Michael Bowden » September 13th, 2018, 2:58 pm

ybarselah wrote:
September 13th, 2018, 12:17 pm
6 bottles 2009 mugnier amour $8,500

6 bottles 2009 patrice rion amour $1,000

terroir matters.
*producer matters
I'm taller than Zach Lang.

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Re: HDH craziness

#18 Post by Chris V. » September 14th, 2018, 5:02 am

HDH is a great place to sell burgundy that's already too expensive to drink yourself.
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Re: HDH craziness

#19 Post by WvanGorp » September 14th, 2018, 5:32 am

I’ve often said I’d rather live in it than drink it.
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Re: HDH craziness

#20 Post by ybarselah » September 14th, 2018, 7:14 am

does anyone know the price of the 1990 drc assortment pack on release?
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Re: HDH craziness

#21 Post by Ian Dorin » September 14th, 2018, 7:16 am

ybarselah wrote:
September 14th, 2018, 7:14 am
does anyone know the price of the 1990 drc assortment pack on release?
I swear I once heard $1200, but I'm purely going on fuzzy memory.
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Re: HDH craziness

#22 Post by Eric Ifune » September 14th, 2018, 4:13 pm

I remember being offered the 1990 assortment for $1600, the same price as the 1989. Got the 1989, but passed on the 1990 as I had enough wine at the time. Oh well!

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Re: HDH craziness

#23 Post by alan weinberg » September 14th, 2018, 5:11 pm

ybarselah wrote:
September 14th, 2018, 7:14 am
does anyone know the price of the 1990 drc assortment pack on release?
$2000 per mixed case for 1990 at Wine Exchange. Sat on floor of store for months. I finally traded Steve California wine he could quickly sell for 5 cases of it.

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Re: HDH craziness

#24 Post by Joe G a l e w s k i » September 14th, 2018, 5:47 pm

I scrolled through the first 500 or so lots, and then just felt that my time was better spent elsewhere. There seems to be a a lot of money right now (wine, my area of real estate), so not the best time to buy wine at auction. I still feel that you have to keep your ear to the wall, and there are always bargains, you just never know where they'll be.

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Re: HDH craziness

#25 Post by jordan whitehead » October 1st, 2018, 3:31 pm

$75 to ship 2 bottles via ground service 60 miles away=HDH craziness
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Re: HDH craziness

#26 Post by m. ristev » October 1st, 2018, 4:36 pm

their shipping has been out of control for a while.
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Re: HDH craziness

#27 Post by Neal.Mollen » October 1st, 2018, 4:39 pm

m. ristev wrote:
October 1st, 2018, 4:36 pm
their shipping has been out of control for a while.
Yup. No longer on my list
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Re: HDH craziness

#28 Post by m. ristev » October 1st, 2018, 6:01 pm

it is a shame because i used to purchase a lot from them. however there seems to be a huge change in their retail business as well. in the past they offered very interesting selections whereas now its just mostly current release stuff available anywhere.
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Re: HDH craziness

#29 Post by crickey » October 1st, 2018, 6:55 pm

m. ristev wrote:
October 1st, 2018, 6:01 pm
it is a shame because i used to purchase a lot from them. however there seems to be a huge change in their retail business as well. in the past they offered very interesting selections whereas now its just mostly current release stuff available anywhere.
There was a huge change in their business: they basically got out of retail a couple of years ago, except for a small inventory of essentially new-release wines. I remember calling them the week (maybe even the day) the website changed, trying to find wines I had wanted to purchase and being told they weren't for sale any longer.
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Re: HDH craziness

#30 Post by George Hejna » October 2nd, 2018, 6:34 am

jordan whitehead wrote:
October 1st, 2018, 3:31 pm
$75 to ship 2 bottles via ground service 60 miles away=HDH craziness
You can go pick it up for free.

George

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Re: HDH craziness

#31 Post by Jürgen Steinke » October 2nd, 2018, 9:35 am

The 1990 Assortiment was 1200 Euros when released.

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Re: HDH craziness

#32 Post by Paul R. » October 2nd, 2018, 12:49 pm

Didn't the Euro come out in '99?
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Re: HDH craziness

#33 Post by Jayson Cohen » October 2nd, 2018, 6:00 pm

HDH will ship to MWC in NJ, where I store wine, for decent rates because MWC is HDH’s local shipping consolidator/partner. It was $10 for 3 bottles bought at retail a few months ago. But anywhere else in the NYC area, including my apartment in Manhattan, is a fortune.

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Re: HDH craziness

#34 Post by jordan whitehead » October 2nd, 2018, 11:06 pm

George Hejna wrote:
October 2nd, 2018, 6:34 am
jordan whitehead wrote:
October 1st, 2018, 3:31 pm
$75 to ship 2 bottles via ground service 60 miles away=HDH craziness
You can go pick it up for free.

George
was trying to avoid sales tax which is usually a lot more than shipping
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Re: HDH craziness

#35 Post by Jürgen Steinke » October 3rd, 2018, 12:44 am

sorry – correction – Deutschmark. The Euro began Jan. 2002.

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Re: HDH craziness

#36 Post by Paul Jaouen » October 3rd, 2018, 5:29 am

Jayson Cohen wrote:
October 2nd, 2018, 6:00 pm
HDH will ship to MWC in NJ, where I store wine, for decent rates because MWC is HDH’s local shipping consolidator/partner. It was $10 for 3 bottles bought at retail a few months ago. But anywhere else in the NYC area, including my apartment in Manhattan, is a fortune.
Even if you don't store there, you can have it delivered there for decent rates and go pick it up.
Best,
Paul Jaouen

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Re: HDH craziness

#37 Post by Jayson Cohen » October 3rd, 2018, 10:04 pm

Paul Jaouen wrote:
October 3rd, 2018, 5:29 am
Jayson Cohen wrote:
October 2nd, 2018, 6:00 pm
HDH will ship to MWC in NJ, where I store wine, for decent rates because MWC is HDH’s local shipping consolidator/partner. It was $10 for 3 bottles bought at retail a few months ago. But anywhere else in the NYC area, including my apartment in Manhattan, is a fortune.
Even if you don't store there, you can have it delivered there for decent rates and go pick it up.
Sounds like you have experience. [cheers.gif]

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Re: HDH craziness

#38 Post by Paul Jaouen » October 4th, 2018, 5:10 am

Jayson, yeah. It's less than 15 minutes from my office.
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