What's your average spend per Champagne bottle in your collection?

Tasting notes, varietals, grapes - anything related to wine

What is your average spend per bottle of Champagne in your collection?

$25-$39
14
7%
$40-$50
26
13%
$50-60
27
14%
$60-70
14
7%
$70-80
21
11%
$80-90
6
3%
$90-100
15
8%
$100+
74
38%
 
Total votes: 197

Message
Author
Russ Williams
GCC Member
GCC Member
Posts: 8359
Joined: January 30th, 2009, 9:58 am

Re: What's your average spend per Champagne bottle in your collection?

#51 Post by Russ Williams » April 14th, 2019, 10:05 am

$66 and most of my collection is grower champagne which I really enjoy and where I find the best value.
Last edited by Russ Williams on April 15th, 2019, 4:25 am, edited 1 time in total.
Listen to more Jerry, it will heal your soul.
9/1/74 - Keystone Berkeley

Jayson Cohen
Posts: 1935
Joined: July 9th, 2016, 4:29 pm
Location: New York, NY

Re: What's your average spend per Champagne bottle in your collection?

#52 Post by Jayson Cohen » April 14th, 2019, 11:48 am

If folks are interested in distributions of spend, all of you using CT (not me) who don’t mind laying out your spend could dump your data to Excel and create a histogram image to post with all basic stats to post — mean, median, standard deviation, skewness — in about 5 minutes.

I don’t record my spend or use CT so no idea of an average personally. I top out about $200 now ($220 is most I’ve ever spent) but happier between $35-70. Also any numbers I came up with for my collection would be significantly affected by inflation and price trends - hard to unpack.

User avatar
AndrewH
Posts: 2381
Joined: May 14th, 2010, 1:34 pm

Re: What's your average spend per Champagne bottle in your collection?

#53 Post by AndrewH » April 14th, 2019, 8:18 pm

Marcu$ Stanley wrote:
April 14th, 2019, 9:03 am
Mean is the right statistic if you are asking about your average dollar spend on champagne. If two thirds of my collection is $20 bottles of Heidsick and the other third is $500 bottles of aged Krug, it would be wildly misleading to say that my average spend is $20, just because that happens to be the median bottle.
True, but it also wouldn't tell us much to know that your average spend was $180. Neither mean nor median shows much when distributions are non-normal, as your hypothetical is. I suspect however that a decent number of people have a skewed distribution with a long tail on the high end, which is why I suggested a median figure might give a better impression.
Andrew H e i m e r t

User avatar
Warren Taranow
GCC Member
GCC Member
Posts: 2376
Joined: June 30th, 2009, 8:24 pm
Location: Pacific Northwest

Re: What's your average spend per Champagne bottle in your collection?

#54 Post by Warren Taranow » April 15th, 2019, 4:24 am

Mediators, please move this thread to the Statistics Forum... [wink.gif]
"If the only prayer you ever uttered was thank you, it would suffice."
Meister Eckhart c. 1260 – c. 1328

CT - WST

User avatar
Craig G
GCC Member
GCC Member
Posts: 14776
Joined: March 6th, 2011, 10:57 am
Location: Town of Cats

Re: What's your average spend per Champagne bottle in your collection?

#55 Post by Craig G » April 15th, 2019, 6:24 am

Warren Taranow wrote:
April 15th, 2019, 4:24 am
Mediators, please move this thread to the Statistics Forum... [wink.gif]
Now, let’s not be mean.
“You need to look down to the bottom shelf where they keep the Fighting Cock” — Corey N.

C. Gle@son

User avatar
Rob_S
Posts: 950
Joined: November 16th, 2015, 5:05 pm

Re: What's your average spend per Champagne bottle in your collection?

#56 Post by Rob_S » April 15th, 2019, 6:27 am

$92/bottle across 60 bottles. That goes to $79/bottle across 80 bottles if you look at all sparklers.
utherland

User avatar
Warren Taranow
GCC Member
GCC Member
Posts: 2376
Joined: June 30th, 2009, 8:24 pm
Location: Pacific Northwest

Re: What's your average spend per Champagne bottle in your collection?

#57 Post by Warren Taranow » April 15th, 2019, 6:59 am

Craig G wrote:
April 15th, 2019, 6:24 am
Warren Taranow wrote:
April 15th, 2019, 4:24 am
Mediators, please move this thread to the Statistics Forum... [wink.gif]
Now, let’s not be mean.
It was kindly by WB standards!

Cheers

Warren
"If the only prayer you ever uttered was thank you, it would suffice."
Meister Eckhart c. 1260 – c. 1328

CT - WST

Fred Bower
Posts: 823
Joined: October 28th, 2010, 12:00 pm
Location: Durham North Carolina, USA

Re: What's your average spend per Champagne bottle in your collection?

#58 Post by Fred Bower » April 15th, 2019, 7:05 am

I answered based upon what I feel like I spend, not any actual analysis :)

I do have a bimodal distribution on Champagne spend, so probably have an average that is in between the two poles and an actual price point I never buy at.

fred

User avatar
David Glasser
GCC Member
GCC Member
Posts: 6616
Joined: August 16th, 2009, 6:03 pm
Location: Maryland

Re: What's your average spend per Champagne bottle in your collection?

#59 Post by David Glasser » April 15th, 2019, 7:27 am

Warren Taranow wrote:
April 15th, 2019, 6:59 am
Craig G wrote:
April 15th, 2019, 6:24 am
Warren Taranow wrote:
April 15th, 2019, 4:24 am
Mediators, please move this thread to the Statistics Forum... [wink.gif]
Now, let’s not be mean.
It was kindly by WB standards!

Cheers

Warren
I agree. A standard deviation. Kinder than 68% of WB criticisms.

julianseersmartin
Posts: 381
Joined: February 27th, 2018, 10:16 am
Location: Santa Monica

Re: What's your average spend per Champagne bottle in your collection?

#60 Post by julianseersmartin » April 15th, 2019, 7:49 am

I'm $28 across 110 bottles, with the majority of buying being at cellar door which changes the context significantly. I am quite surprised how many are in the $50-100 range - this has always been a bit of a dead spot for me where the value start to run out but you rarely get the quality of $100+ bottles. As such my ownership pegs both ends of that spectrum but almost nothing in the middle.

User avatar
Shannon Perdue
GCC Member
GCC Member
Posts: 431
Joined: June 4th, 2009, 6:14 am
Location: Texas

Re: What's your average spend per Champagne bottle in your collection?

#61 Post by Shannon Perdue » April 15th, 2019, 11:13 am

ky1em!ttskus wrote:
April 13th, 2019, 3:55 pm
Shannon Perdue wrote:
April 13th, 2019, 3:42 pm
champagne.gif champagne.gif All I will say is that I happened to be in CT and the number surprised me. flirtysmile
#ballinblind? [berserker.gif]
Sometimes best that way. Plausible deniability. champagne.gif

User avatar
Jay Miller
GCC Member
GCC Member
Posts: 14036
Joined: June 19th, 2009, 5:18 pm
Location: Jersey City

Re: What's your average spend per Champagne bottle in your collection?

#62 Post by Jay Miller » April 15th, 2019, 11:27 am

Craig G wrote:
April 15th, 2019, 6:24 am
Warren Taranow wrote:
April 15th, 2019, 4:24 am
Mediators, please move this thread to the Statistics Forum... [wink.gif]
Now, let’s not be mean.
[snort.gif]

Indeed, we should always strive to be in the upper half.
Ripe fruit isn't necessarily a flaw.

Chris Bublitz
Posts: 66
Joined: January 4th, 2011, 4:52 am

Re: What's your average spend per Champagne bottle in your collection?

#63 Post by Chris Bublitz » April 15th, 2019, 3:43 pm

All over the place in terms of price. Probably a quarter in the $35-$50 price range with about half in the $60-$90 range and a quarter in the $100-$175 range. Averages out to somewhere in the high $80s.

User avatar
Ebbe Bonde Soerensen
Contributor
Contributor
Posts: 49
Joined: March 1st, 2010, 8:04 am
Location: Frederiksberg (the SOHO of Copenhagen)

Re: What's your average spend per Champagne bottle in your collection?

#64 Post by Ebbe Bonde Soerensen » April 18th, 2019, 6:15 pm

scamhi wrote:
April 13th, 2019, 12:18 pm
Ebbe Bonde Soerensen wrote:
April 13th, 2019, 1:26 am
I have reduced my Champagne drinking to only the best so my average spend is about 500$ champagne.gif
Haven't seen you around here in quite a while, Ebbe.
really $500.00?
So true, I just started to look at this site again, but rather to big to get into.
I dont drink so much Champagne any more so its just Selosse. champagne.gif
Yours Truly Voodoo Child champagne.gif

User avatar
Ebbe Bonde Soerensen
Contributor
Contributor
Posts: 49
Joined: March 1st, 2010, 8:04 am
Location: Frederiksberg (the SOHO of Copenhagen)

Re: What's your average spend per Champagne bottle in your collection?

#65 Post by Ebbe Bonde Soerensen » April 18th, 2019, 6:27 pm

Howard Cooper wrote:
April 12th, 2019, 4:43 pm
For the people voting over $100, how many bottles of Champagne do you have?
24 correct average is 333.33 USD champagne.gif
Yours Truly Voodoo Child champagne.gif

User avatar
ERPark
Posts: 3077
Joined: March 7th, 2015, 6:48 am

Re: What's your average spend per Champagne bottle in your collection?

#66 Post by ERPark » April 18th, 2019, 6:41 pm

Howard Cooper wrote:
April 12th, 2019, 4:43 pm
For the people voting over $100, how many bottles of Champagne do you have?
52 different labels and/or vintages, totaling 366 bottles. 60% are tête de cuvée, with the remainder being almost all NV that I got on markdown at Costco or bought in bulk from private parties. I have very little in the way of bubbles that cost me $45 to $99, and those are mostly a couple cases each of NV Billecart-Salmon rose and 2002 Pommery Louise that I acquired several years ago.
GEN3

User avatar
Robert M yers
Contributor
Contributor
Posts: 2420
Joined: March 10th, 2010, 8:24 pm
Location: Cleveland

Re: What's your average spend per Champagne bottle in your collection?

#67 Post by Robert M yers » April 18th, 2019, 8:18 pm

champagne.gif Tell me which button I click again if my average is $70.00?

User avatar
Howard Cooper
GCC Member
GCC Member
Posts: 16897
Joined: May 30th, 2009, 8:37 am
Location: Rockville, MD

Re: What's your average spend per Champagne bottle in your collection?

#68 Post by Howard Cooper » April 19th, 2019, 4:26 am

Ebbe Bonde Soerensen wrote:
April 18th, 2019, 6:15 pm

I dont drink so much Champagne any more
This may be the most shocking post I have read in a long time. champagne.gif

But, welcome back!!!! champagne.gif
Howard

"That's what I do. I drink and I know things." Tyrion Lannister

User avatar
Bruce Rudman
GCC Member
GCC Member
Posts: 1535
Joined: July 19th, 2009, 6:29 pm
Location: Thousand Oaks, CA

Re: What's your average spend per Champagne bottle in your collection?

#69 Post by Bruce Rudman » April 19th, 2019, 5:30 am

Since I have so little, it is not an issue discussing specifics - Champagne is less than 2% of my cellar. Per CellarTracker, 19 bottles in 17 wines / Value: $1,997 / Cost: $2,125; either way the average is just about $100. My wife's favorite is Billecart-Salmon Rose, which comes in the $70 range most of the time.
Bruce
_________________
(CT Handle: Bruce61)

User avatar
Marcu$ Stanley
Posts: 1111
Joined: November 1st, 2010, 3:31 pm

Re: What's your average spend per Champagne bottle in your collection?

#70 Post by Marcu$ Stanley » April 19th, 2019, 5:38 am

AndrewH wrote:
April 14th, 2019, 8:18 pm
Marcu$ Stanley wrote:
April 14th, 2019, 9:03 am
Mean is the right statistic if you are asking about your average dollar spend on champagne. If two thirds of my collection is $20 bottles of Heidsick and the other third is $500 bottles of aged Krug, it would be wildly misleading to say that my average spend is $20, just because that happens to be the median bottle.
True, but it also wouldn't tell us much to know that your average spend was $180. Neither mean nor median shows much when distributions are non-normal, as your hypothetical is. I suspect however that a decent number of people have a skewed distribution with a long tail on the high end, which is why I suggested a median figure might give a better impression.
Many real world distributions are non-normal. The more skewed and long-tailed a distribution is, the worse the median is as a representative of it, because it completely ignores the tails. It would frankly be silly to use a figure for an average spend on wine that completely ignores all your most expensive bottles

User avatar
J a y H a c k
GCC Member
GCC Member
Posts: 12747
Joined: May 29th, 2009, 9:59 am

Re: What's your average spend per Champagne bottle in your collection?

#71 Post by J a y H a c k » April 19th, 2019, 8:15 am

I don't drink a lot of champagne, but when I do, it's Dos Equis. Ok, not Dos Equis, but not cheap either. My wife and I have discussed this, and we agree that it is a flaw in our buying and drinking strategy, but we have not corrected that. For example, I had some leftover bottles of Laurent Dauphin NV that I bought for an event at under $30 and after a few years of age, they were very pleasant and more flexible than a still white wine.
Yes, that's a DM of 1978 Mouton!

You can read my Financial Institutions Law Blog at https://www.gdblaw.com/blog?practiceID=4985.

User avatar
Ebbe Bonde Soerensen
Contributor
Contributor
Posts: 49
Joined: March 1st, 2010, 8:04 am
Location: Frederiksberg (the SOHO of Copenhagen)

Re: What's your average spend per Champagne bottle in your collection?

#72 Post by Ebbe Bonde Soerensen » April 20th, 2019, 6:35 am

Howard Cooper wrote:
April 19th, 2019, 4:26 am
Ebbe Bonde Soerensen wrote:
April 18th, 2019, 6:15 pm

I dont drink so much Champagne any more
This may be the most shocking post I have read in a long time. champagne.gif

But, welcome back!!!! champagne.gif
Thank You , Howard [cheers.gif]
Yours Truly Voodoo Child champagne.gif

Post Reply

Return to “Wine Talk”