Is SQN hot again on WB?

[B. Buzzini]

Been noticing a lot more bidding, and less bottles offered on WB of late. A year or so ago there would be 3-4 pages of items listed and languishing. The bids now seem to be a lot higher, with more multiple players. And what the hell is going on here...
https://www.winebid.com/BuyWine/Item/77 ... ven-Confes~

Asia?

[Jeff_M.]

More people at home with money to spend would be my guess since non-essential travel is basically done for now.

[Rodrigo B]

I'm not sure whether it's hot again on WB. Haven't seen many on them on the latest purchase thread or TNs.

My guess is that with people having more disposable income due to not travelling and dining out, more people took their allocations instead of passing them on, leading to fewer bottles offered. Pair that same income phenomenon on the other side of people with no allocations looking for bottles and you have drivers on both sides of the equation

[TimF]

Have been noticing same as OP. Going to have to think twice before popping $500 bottles.

[markjchambers]

Stockholm was always in demand. Before this week, it was still >$600 a bottle. Look at any EBA wine from 2011 on and you won't see anywhere near that price, even for those that got big scores. Of course none got 100 pts from RP himself after Stockholm.

Since 2010, the only things that have doubled off their release price were one offs like Pearl and Writing on the Wall.

[MikeL238]

https://www.winebid.com/BuyWine/Item/77 ... l-Grenache

What the...

[seanr]

I've been noticing this as well for Saxum and a few other "cult" CA wines......prices seem to have jumped 25% or more since the summer. Vacation $ being converted to vino.

[Marshall Manning]

Yes, it's so hot that I'm going to sell all of my wine and then buy 6 bottles of SQN with my proceeds...

Or I could just get some Nyquil from the store...

[David_K]

Everything is hot on WB. Good for sellers, good for WB, not so good for bargain hunters.

[Br1an Th0rne]

Everything is hot on WB. Good for sellers, good for WB, not so good for bargain hunters.

Russ Mann and his team have really done an amazing job at winebid since he was appointed CEO a few years ago! I can’t remember the “action” ever having been hotter

[Mel Hill]

Let me know when Stockholm hits $1,100 again!

[Brian S t o t t e r]

The new /r/wallstreetbets.

To the moon!

[Eric White]

Let me know when Stockholm hits $1,100 again!

Mel, it's currently at $1245, see the original post

[Howard Cooper]

Not me. Must be Jay. viewtopic.php?f=1&t=177952

[Ken Strauss]

Also note that there are multiple commercial buyers!
Yes demand it up!

[Nathan Smyth]

BofA Hints That Weimar 2.0 Could Be Coming
Monday, Feb 15, 2021
https://www.zerohedge.com/markets/bofa- ... -be-coming

[Jason T]

BofA Hints That Weimar 2.0 Could Be Coming
Monday, Feb 15, 2021
https://www.zerohedge.com/markets/bofa- ... -be-coming

Came here to see if this post would say what I thought it would. It did.

[R M Kriete]

Gotta spend those Covid stimulus checks on something

[Mark Golodetz]

It’s the alcohol. When you are stuck at home, you want the stupor to be quick.

[Karl K]

It’s the alcohol. When you are stuck at home, you want the stupor to be quick.

[J a y H a c k]

Been noticing a lot more bidding, and less bottles offered on WB of late. A year or so ago there would be 3-4 pages of items listed and languishing. The bids now seem to be a lot higher, with more multiple players. And what the hell is going on here...
https://www.winebid.com/BuyWine/Item/77 ... ven-Confes~

Asia?

WTF? That was the first allocation I got. I think I drank one and have two left. It's a nice wine, and it is my favorite label art of the ones that I own, but it must be people paying with their Bitcoin and Gamestop profits before they disappear.

[J a y H a c k]

Not me. Must be Jay. viewtopic.php?f=1&t=177952

No. I already have enough of those bottles. I've been working on my cellar inventory and I own too many SQNs. This pandemic is killing me. It makes it harder to share them with friends.

[Howard Cooper]

Not me. Must be Jay. viewtopic.php?f=1&t=177952

No. I already have enough of those bottles. I've been working on my cellar inventory and I own too many SQNs. This pandemic is killing me. It makes it harder to share them with friends.

On March 1, I will have been two weeks after getting my second vaccine. Some of my wine friends have also received one or both shots so hopefully we will be able to get together to drink wine by April at least at each others' homes.

[JViolini]

More people at home with money to spend would be my guess since non-essential travel is basically done for now.

Bingo
No wine trips overseas this year = that $ spent on wine

[David K o l i n]

Let me know when Stockholm hits $1,100 again!

Mel, it's currently at $1245, see the original post

Anybody want some?

[RMann]

Thanks for noticing gents. You are all correct. SQN has always been hot on WineBid, and over the past few years even more global collectors have taken interest. And many domestic collectors don't have anything else to spend on. Glad to hear some of you are getting your vaccines and will be able to share with friends in person again soon!