2018 Ridge Monte Bello futures offer

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Scott Jameson
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2018 Ridge Monte Bello futures offer

#1 Post by Scott Jameson » February 25th, 2019, 12:39 pm

The price is up $8 per 750 compared to last year ...

750ml @ $132, was $124
1.5L @ $267, was $251

The premium for a magnum, $3, remains incredibly low.

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Re: 2018 Ridge Monte Bello futures offer

#2 Post by J.Durham » February 25th, 2019, 2:13 pm

Despite the price increase, I was bummed I couldn’t increase my allocation slightly.
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Re: 2018 Ridge Monte Bello futures offer

#3 Post by Larry Link » February 25th, 2019, 2:21 pm

The 2014 was priced at $98, so over the last 5 years the price has increased by ~6% per year. Not nearly the bargain that it was in 2005 when the futures price was $65, but in comparison to Schrader and others that are in the $225-$350 price range, the $132 price still seems slightly underpriced.

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Re: 2018 Ridge Monte Bello futures offer

#4 Post by Scott Jameson » February 25th, 2019, 2:46 pm

I think we have this conversation every year about this time. Looking back through old offers, I find the prices were:

2011 $90
2012 $95
2013 $98
2014 $105
2015 $110
2016 $115
2017 $124
2018 $132

A pretty steady increase year over year, up almost 50% since the 2011 was offered in 2012. IMHO, still a fair value though.

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Re: 2018 Ridge Monte Bello futures offer

#5 Post by RyanC » February 25th, 2019, 3:10 pm

One of my easiest purchases every year—like paying a utility bill. The price remains very reasonable for one of CA’s most iconic and longest-lived wines. That’s especially so given the consistent quality and strong-ish secondary market.
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Re: 2018 Ridge Monte Bello futures offer

#6 Post by JDavisRoby » February 25th, 2019, 3:31 pm

Do I understand the marketing material correctly in that to get Monte Bello futures you have to take bottles of Estate Cabernet, Merlot and Chardonnay? But, the quantity can be one of each?
Last edited by JDavisRoby on February 25th, 2019, 4:06 pm, edited 1 time in total.

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Re: 2018 Ridge Monte Bello futures offer

#7 Post by TimF » February 25th, 2019, 3:36 pm

I only get MB but I’ve been buying for a while.

It’s an easy buy for me.
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Re: 2018 Ridge Monte Bello futures offer

#8 Post by RyanC » February 25th, 2019, 3:40 pm

JDavisRoby wrote:
February 25th, 2019, 3:31 pm
Do I understand the marketing materially correctly in that to get Monte Bello futures you have to take bottles of Estate Cabernet, Merlot and Chardonnay? But, the quantity can be one of each?
My understanding is that long-time buyers have been grandfathered in and can just buy MB. Newer folks need to buy an assortment. I don’t know exactly how much.
C@ughey

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Re: 2018 Ridge Monte Bello futures offer

#9 Post by TomC » February 25th, 2019, 3:54 pm

RyanC wrote:
February 25th, 2019, 3:40 pm
JDavisRoby wrote:
February 25th, 2019, 3:31 pm
Do I understand the marketing materially correctly in that to get Monte Bello futures you have to take bottles of Estate Cabernet, Merlot and Chardonnay? But, the quantity can be one of each?
My understanding is that long-time buyers have been grandfathered in and can just buy MB. Newer folks need to buy an assortment. I don’t know exactly how much.
I'm in the newer folks category. It's 1 each of the Estate Cab, Estate Merlot, and Estate Chardonnay. I haven't tried asking to skip the Estate purchase as these tend to be great quality as well. You can definitely change the mix, though (e.g. change the 1 chard to another cab or merlot).
t o m c h e u n g

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Re: 2018 Ridge Monte Bello futures offer

#10 Post by T. Altmayer » February 25th, 2019, 3:55 pm

I've been on the futures list for about 12 years now and buy only the Monte Bello.
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Re: 2018 Ridge Monte Bello futures offer

#11 Post by Justin S » February 25th, 2019, 4:18 pm

TomC wrote:
February 25th, 2019, 3:54 pm
RyanC wrote:
February 25th, 2019, 3:40 pm
JDavisRoby wrote:
February 25th, 2019, 3:31 pm
Do I understand the marketing materially correctly in that to get Monte Bello futures you have to take bottles of Estate Cabernet, Merlot and Chardonnay? But, the quantity can be one of each?
My understanding is that long-time buyers have been grandfathered in and can just buy MB. Newer folks need to buy an assortment. I don’t know exactly how much.
I'm in the newer folks category. It's 1 each of the Estate Cab, Estate Merlot, and Estate Chardonnay. I haven't tried asking to skip the Estate purchase as these tend to be great quality as well. You can definitely change the mix, though (e.g. change the 1 chard to another cab or merlot).
I just joined this year and haven't been offered the Monte Bello yet. Perhaps because I'm brand new and yields appear to be down in 2018, they will wait until May to let me know. Any risk of not getting an allocation at all?
$ ! n g h

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Re: 2018 Ridge Monte Bello futures offer

#12 Post by JDavisRoby » February 25th, 2019, 4:27 pm

Looks like a visit to the FAQ page got my question answered.

https://www.ridgewine.com/wine-club-mem ... mber-faqs/

Do have to purchase at least one bottle of the three Estate Varietals. They estimate $128 for those three bottles with $406 for the minimum Monte Bello futures investment.

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Re: 2018 Ridge Monte Bello futures offer

#13 Post by Tariq K » February 25th, 2019, 4:59 pm

How do you guys think about the value of Ridge MB vs Montelena Estate? Montelena is a little less expensive on futures. In full disclosure, I'm subscribed to both.
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Re: 2018 Ridge Monte Bello futures offer

#14 Post by Jim F » February 25th, 2019, 5:07 pm

I have been a MB club member about 7 or 8 years. After 2 or 3, I requested that the forced estate wines purchase be removed from my account, and Ridge did it. So I now only receive the 2 bottles of MB each year. One of the things I found annoying was that Ridge would not consolidate the shipments of the estate and MB wines. I first requested that, was denied, then asked the estate wines be removed and that went through.
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Re: 2018 Ridge Monte Bello futures offer

#15 Post by D@vid Bu3ker » February 25th, 2019, 5:07 pm

They are very different wines, so I don’t compare them.
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Re: 2018 Ridge Monte Bello futures offer

#16 Post by Wes Barton » February 25th, 2019, 5:33 pm

Tariq K wrote:
February 25th, 2019, 4:59 pm
How do you guys think about the value of Ridge MB vs Montelena Estate? Montelena is a little less expensive on futures. In full disclosure, I'm subscribed to both.
Personally, the expression of the Montebello Road subregion is incomparable and hits home for me. Ridge is the modern benchmark there. I couldn't care less in Montelena hits the same objective level of quality or not. Monte Bello is essential, Montelena is not. YMMV.
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Re: 2018 Ridge Monte Bello futures offer

#17 Post by Greg Harter » February 25th, 2019, 5:37 pm

JDavisRoby wrote:
February 25th, 2019, 3:31 pm
Do I understand the marketing material correctly in that to get Monte Bello futures you have to take bottles of Estate Cabernet, Merlot and Chardonnay? But, the quantity can be one of each?
Yes, this has changed. I am in the new category and have only purchased 1 bottle of the estate cab and chard. Both are very good wines.

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Re: 2018 Ridge Monte Bello futures offer

#18 Post by R_Gilbane » February 25th, 2019, 5:42 pm

D@vid Bu3ker wrote:
February 25th, 2019, 5:07 pm
They are very different wines, so I don’t compare them.

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Re: 2018 Ridge Monte Bello futures offer

#19 Post by NoahR » February 25th, 2019, 7:16 pm

This is one of the best buys in California. You have to dig American Oak and more classically styled wines. Like a cross between 70’s Bordeaux and Old school Rioja? Never an off year, though, and I’ve tasted every MB from 1977 to 2014.

On futures, based on both retail and auction, your investment is solid and appreciated by almost 40% as soon as you buy it. The Estate wines (I buy 1 of each) are great but different beasts.

I am now up to a 6x750, 1x 1.5 and 1x3L every year. Just wish I could get them in OWC. Any ideas on that one?

And I wish i could get futures pricing on their SVD Merlots.
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Re: 2018 Ridge Monte Bello futures offer

#20 Post by J. Hayes » February 25th, 2019, 7:34 pm

Ridge does sell OWC separately on their website in 750ml, 1.5L and 3L sizes.
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Re: 2018 Ridge Monte Bello futures offer

#21 Post by ykwon » February 25th, 2019, 7:36 pm

NoahR wrote:
February 25th, 2019, 7:16 pm
This is one of the best buys in California. You have to dig American Oak and more classically styled wines. Like a cross between 70’s Bordeaux and Old school Rioja? Never an off year, though, and I’ve tasted every MB from 1977 to 2014.

On futures, based on both retail and auction, your investment is solid and appreciated by almost 40% as soon as you buy it. The Estate wines (I buy 1 of each) are great but different beasts.

I am now up to a 6x750, 1x 1.5 and 1x3L every year. Just wish I could get them in OWC. Any ideas on that one?

And I wish i could get futures pricing on their SVD Merlots.
Damn Noah. Where do you find space for all that Ridge!
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Re: 2018 Ridge Monte Bello futures offer

#22 Post by NoahR » February 25th, 2019, 7:41 pm

ykwon wrote:
February 25th, 2019, 7:36 pm
NoahR wrote:
February 25th, 2019, 7:16 pm
This is one of the best buys in California. You have to dig American Oak and more classically styled wines. Like a cross between 70’s Bordeaux and Old school Rioja? Never an off year, though, and I’ve tasted every MB from 1977 to 2014.

On futures, based on both retail and auction, your investment is solid and appreciated by almost 40% as soon as you buy it. The Estate wines (I buy 1 of each) are great but different beasts.

I am now up to a 6x750, 1x 1.5 and 1x3L every year. Just wish I could get them in OWC. Any ideas on that one?

And I wish i could get futures pricing on their SVD Merlots.
Damn Noah. Where do you find space for all that Ridge!
Unfortunately, only started buying futures in 2013. Everything else was acquired on secondary market over a couple of years. Not that much
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Re: 2018 Ridge Monte Bello futures offer

#23 Post by maureen nelson » February 26th, 2019, 6:37 am

I would buy the 2018 MB as it is a grand niece’s birth year. If anyone who has access doesn’t want the entire allocation please PM me.

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Re: 2018 Ridge Monte Bello futures offer

#24 Post by Neal.Mollen » February 26th, 2019, 7:57 am

If not for my age and my strong preference for aged MB, I would eagerly make this purchase every year. I dropped off 2 years ago
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Re: 2018 Ridge Monte Bello futures offer

#25 Post by Stephen Chen » February 26th, 2019, 10:51 am

Justin S wrote:
February 25th, 2019, 4:18 pm
TomC wrote:
February 25th, 2019, 3:54 pm
RyanC wrote:
February 25th, 2019, 3:40 pm


My understanding is that long-time buyers have been grandfathered in and can just buy MB. Newer folks need to buy an assortment. I don’t know exactly how much.
I'm in the newer folks category. It's 1 each of the Estate Cab, Estate Merlot, and Estate Chardonnay. I haven't tried asking to skip the Estate purchase as these tend to be great quality as well. You can definitely change the mix, though (e.g. change the 1 chard to another cab or merlot).
I just joined this year and haven't been offered the Monte Bello yet. Perhaps because I'm brand new and yields appear to be down in 2018, they will wait until May to let me know. Any risk of not getting an allocation at all?
First time for me as well! They told me only people with 3+ years on the list got the March allocation but there was a chance I would get an offer in May, depending on quantity since it was a "short year"...

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Re: 2018 Ridge Monte Bello futures offer

#26 Post by ykwon » February 26th, 2019, 11:10 am

Guess demand went up from a few years ago. I joined the club for the 2016 vintages a couple years back. There was zero wait. I got an allocation immediately.
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Re: 2018 Ridge Monte Bello futures offer

#27 Post by Justin S » February 26th, 2019, 11:37 am

Only asked for 2 bottles, we shall see. I would not have bought the estate wines otherwise, so kind of a bummer to be "stuck" with those (as good wines as they may be...).
$ ! n g h

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Re: 2018 Ridge Monte Bello futures offer

#28 Post by JDavisRoby » February 26th, 2019, 12:19 pm

Justin S wrote:
February 26th, 2019, 11:37 am
Only asked for 2 bottles, we shall see. I would not have bought the estate wines otherwise, so kind of a bummer to be "stuck" with those (as good wines as they may be...).
This is my fear with joining the futures list. How much were the three estate bottles shipped this year?

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Re: 2018 Ridge Monte Bello futures offer

#29 Post by Stephen Chen » February 26th, 2019, 12:32 pm

I was hopeful upon joining because they had offered the Perrone merlot--which I can't get enough of- last year as part of the estate shipment. No luck this year.

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Re: 2018 Ridge Monte Bello futures offer

#30 Post by Justin S » February 26th, 2019, 12:42 pm

JDavisRoby wrote:
February 26th, 2019, 12:19 pm
Justin S wrote:
February 26th, 2019, 11:37 am
Only asked for 2 bottles, we shall see. I would not have bought the estate wines otherwise, so kind of a bummer to be "stuck" with those (as good wines as they may be...).
This is my fear with joining the futures list. How much were the three estate bottles shipped this year?
Haven't been charged yet, so don't know the exact amount, but I think close to $200 ($158 + tax + shipping).
$ ! n g h

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Re: 2018 Ridge Monte Bello futures offer

#31 Post by ykwon » February 26th, 2019, 2:27 pm

4 bottles last year ran $138/each (all in)
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Re: 2018 Ridge Monte Bello futures offer

#32 Post by bryan c » February 26th, 2019, 11:19 pm

Justin S wrote:
February 25th, 2019, 4:18 pm
I just joined this year and haven't been offered the Monte Bello yet. Perhaps because I'm brand new and yields appear to be down in 2018, they will wait until May to let me know. Any risk of not getting an allocation at all?
I joined Jan 2017 and I'm in the camp that needs to wait til May to hear. I found out that they did the cutoff at Dec 2016 for this go around (definitely yield related). If you signed up after that, you're in the 'wait til May' batch. I did get allocation (Feb/March) in 2017 and 2018 for '16/'17 vintages respectively. We'll have to see how they divvy up the remainder come May.
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Re: 2018 Ridge Monte Bello futures offer

#33 Post by AD Northup » February 27th, 2019, 3:53 am

bryan c wrote:
February 26th, 2019, 11:19 pm
Justin S wrote:
February 25th, 2019, 4:18 pm
I just joined this year and haven't been offered the Monte Bello yet. Perhaps because I'm brand new and yields appear to be down in 2018, they will wait until May to let me know. Any risk of not getting an allocation at all?
I joined Jan 2017 and I'm in the camp that needs to wait til May to hear. I found out that they did the cutoff at Dec 2016 for this go around (definitely yield related). If you signed up after that, you're in the 'wait til May' batch. I did get allocation (Feb/March) in 2017 and 2018 for '16/'17 vintages respectively. We'll have to see how they divvy up the remainder come May.
Similar boat. Bought 17, looks like time to wait on 18. Automatic buy if given the chance.
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Re: 2018 Ridge Monte Bello futures offer

#34 Post by AAgrawal » February 27th, 2019, 3:15 pm

I reduced my allocation so hopefully some of you will get those bottles. The yearly price increases are getting to me.
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Re: 2018 Ridge Monte Bello futures offer

#35 Post by Joe G a l e w s k i » February 27th, 2019, 3:22 pm

I'm confused. I have to buy the estate wines, and maybe I'll be offered some Montebello? 2017 was the first year I bought Montebello.

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Re: 2018 Ridge Monte Bello futures offer

#36 Post by dsimmons » February 27th, 2019, 6:00 pm

Dropped my MB buy this year. I have been buying since 2007 and have only opened one bottle. An '07 that was way too young for my tastes. So with 3 1/2 cases in the cellar I pass the baton you you younger cab lovers. [cheers.gif]
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Re: 2018 Ridge Monte Bello futures offer

#37 Post by Ed Steinway » February 27th, 2019, 8:20 pm

We have been buying the Monte Bello futures for several years now. We buy 4 750's each year, and they are worth every penny for us. Part of the reason is that we go up to the Santa Cruz Mountains or Lytton location at least 4-6 times a year for tastings or just to drop in, and the tasting fees are usually complimentary, except for Monte Bello or other Library offerings. An easy choice for us.

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Re: 2018 Ridge Monte Bello futures offer

#38 Post by Sean_S » February 27th, 2019, 9:27 pm

All in as usual. They were kind enough to switch out my allocation of 750's for 375's. Hoping I might be able to drink them in less than 20 years but I somehow doubt it. The last few 20 year old Montebellos from 750 needed another 10 years.

No Brainer, purchase and I also visit and enjoy tastings 3-4 times a year which enhances the value. Especially when they start breaking out some really choice old bottles. The 91 from 3 liter at one of the recent events was spectacular....

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Re: 2018 Ridge Monte Bello futures offer

#39 Post by T.Phillips » February 28th, 2019, 5:23 am

How long do MB’s take to develop tertiary characteristics? Have had 89’ and older, which were fabulous. But have not had anything between 1990 and 2010. Wondering where they start really showing up and what kind of cellar time commitment most give for them? Thanks
T y

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Re: 2018 Ridge Monte Bello futures offer

#40 Post by Glenn L e v i n e » February 28th, 2019, 6:55 am

The 1996 is wonderful now, the 05 is twenty years away. Every vintage is different.
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Re: 2018 Ridge Monte Bello futures offer

#41 Post by T.Phillips » February 28th, 2019, 7:02 am

Understood that each is different. Was just looking for a general trend on age?
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Re: 2018 Ridge Monte Bello futures offer

#42 Post by Justin S » February 28th, 2019, 8:56 am

Semi-OT, but has anyone compared the Arnot Roberts Fellom Ranch cabs? Grown one ridge over, they sell for about $100. French Oak and less of it new.
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Re: 2018 Ridge Monte Bello futures offer

#43 Post by Wes Barton » February 28th, 2019, 11:41 am

T.Phillips wrote:
February 28th, 2019, 7:02 am
Understood that each is different. Was just looking for a general trend on age?
An occasional vintage may come around as early as 10 years. Other outliers, like the '05 may take 40. The norm might be 20-25, but some do well at 15. Some specific examples are the '01 showed great early on and still does. "Weaker" vintages like '00 do well young (it's drinking great right now) and stay at that plateau for decades. I loved the '04 a year ago, and that was from mag. IMO the '07 (a lighter vintage that was one of my faves of the decade) wasn't ready last year, but getting close.

Take the Wayback Machine 20 years and the highest rated vintages were the '84 and '85. Too young and not particularly enjoyable for me until recently. Excellent now. So, it is important to be careful which vintages to drink and which to hold.
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Re: 2018 Ridge Monte Bello futures offer

#44 Post by T.Phillips » February 28th, 2019, 12:27 pm

Wes Barton wrote:
February 28th, 2019, 11:41 am
T.Phillips wrote:
February 28th, 2019, 7:02 am
Understood that each is different. Was just looking for a general trend on age?
An occasional vintage may come around as early as 10 years. Other outliers, like the '05 may take 40. The norm might be 20-25, but some do well at 15. Some specific examples are the '01 showed great early on and still does. "Weaker" vintages like '00 do well young (it's drinking great right now) and stay at that plateau for decades. I loved the '04 a year ago, and that was from mag. IMO the '07 (a lighter vintage that was one of my faves of the decade) wasn't ready last year, but getting close.

Take the Wayback Machine 20 years and the highest rated vintages were the '84 and '85. Too young and not particularly enjoyable for me until recently. Excellent now. So, it is important to be careful which vintages to drink and which to hold.

Awesome. Thanks for the intel
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Re: 2018 Ridge Monte Bello futures offer

#45 Post by Jmigliano » February 28th, 2019, 1:09 pm

Thinking of joining futures of Monte Bello, about how long would I need to wait to drink them upon arriving.
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Re: 2018 Ridge Monte Bello futures offer

#46 Post by K_F_o_l_e_y » February 28th, 2019, 3:36 pm

Jmigliano wrote:
February 28th, 2019, 1:09 pm
Thinking of joining futures of Monte Bello, about how long would I need to wait to drink them upon arriving.
Ideally, 10 years or more.
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Re: 2018 Ridge Monte Bello futures offer

#47 Post by NoahR » February 28th, 2019, 3:58 pm

Jmigliano wrote:
February 28th, 2019, 1:09 pm
Thinking of joining futures of Monte Bello, about how long would I need to wait to drink them upon arriving.
1996 just beginning to come around. 1998 and 2000 are ready to go. Everything else from 2000’s was too young for my tastes.
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Re: 2018 Ridge Monte Bello futures offer

#48 Post by J.Durham » February 28th, 2019, 6:03 pm

K_F_o_l_e_y wrote:
February 28th, 2019, 3:36 pm
Jmigliano wrote:
February 28th, 2019, 1:09 pm
Thinking of joining futures of Monte Bello, about how long would I need to wait to drink them upon arriving.
Ideally, 10 years or more.
Agree.
I’ve had 3 bottles of the ‘06 in the past 2yrs. I found them quite enjoyable, but certainly still on the upswing.
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Cris Whetstone
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Joined: January 27th, 2009, 1:09 pm
Location: OC, CA

Re: 2018 Ridge Monte Bello futures offer

#49 Post by Cris Whetstone » February 28th, 2019, 6:15 pm

T.Phillips wrote:
February 28th, 2019, 5:23 am
How long do MB’s take to develop tertiary characteristics? Have had 89’ and older, which were fabulous. But have not had anything between 1990 and 2010. Wondering where they start really showing up and what kind of cellar time commitment most give for them? Thanks
For tertiary characters I'd say 20 years minimum unless a very weak vintage. Good to great vintages will take a good deal longer.

Certainly for secondary type of expression you are usually safe around 15-20. But as others have stated it can be very vintage dependent.

It's probably one of the very very few bottlings from California that is most similar to classic styled Bordeaux in this regard.
WetRock

"Man prefers to believe what he prefers to be true." - Francis Bacon

"I had taken two finger-bowls of champagne and the scene had changed before my eyes into something significant, elemental, and profound." - F. Scott Fitzgerald, The Great Gatsby

JDavisRoby
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Joined: June 19th, 2018, 12:42 pm
Location: Oklahoma

Re: 2018 Ridge Monte Bello futures offer

#50 Post by JDavisRoby » February 28th, 2019, 6:57 pm

Question about MB futures and really futures in general where the wine is not expected to be consumed for 15+ years.

Does the price savings of buying futures get eroded by the storage costs of holding a wine vs the cost of storing that wine for the duration? Based on today’s pricing it’s approx $100 to store a bottle for 20 years.

According to CellarTracker/WMJ a 1998 Ridge Monte Bello auction value is $133. Not sure what release price in 99-00 was but it had to be more than $35.

Anyone else run that math and decide futures or long term storage aren’t worth it?

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