Is SQN hot again on WB?

Tasting notes, varietals, grapes - anything related to wine
Post Reply
Message
Author
User avatar
B. Buzzini
GCC Member
GCC Member
Posts: 4636
Joined: April 20th, 2009, 7:08 pm
Location: Calif.
Has thanked: 19 times
Been thanked: 46 times

Is SQN hot again on WB?

#1 Post by 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?
Meursault-head!

B. = Brian

User avatar
Jeff_M.
Monopole Crü
Monopole Crü
Posts: 1148
Joined: July 18th, 2019, 7:39 am
Location: SoCal
Has thanked: 29 times
Been thanked: 25 times

Re: Is SQN hot again on WB?

#2 Post by Jeff_M. »

More people at home with money to spend would be my guess since non-essential travel is basically done for now.
Jeff M 0 l l

2020 WOTY Candidates
2007 Yangarra Estate High Sands Grenache
1986 Spottswoode Cabernet
2012 Hartford Court Arrendell Vineyard Pinot Noir

User avatar
Rodrigo B
Monopole Crü
Monopole Crü
Posts: 1118
Joined: June 9th, 2020, 11:21 pm
Location: New York
Has thanked: 42 times
Been thanked: 124 times

Re: Is SQN hot again on WB?

#3 Post by 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
B r @ g @

User avatar
TimF
GCC Member
GCC Member
Posts: 4706
Joined: January 28th, 2009, 5:18 pm
Location: Chicagoland
Has thanked: 5 times
Been thanked: 7 times

Re: Is SQN hot again on WB?

#4 Post by TimF »

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

markjchambers
GCC Member
GCC Member
Posts: 363
Joined: April 19th, 2019, 6:55 am
Been thanked: 6 times

Re: Is SQN hot again on WB?

#5 Post by 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
GCC Member
GCC Member
Posts: 483
Joined: August 27th, 2019, 12:28 pm
Location: NYC
Been thanked: 8 times

Re: Is SQN hot again on WB?

#6 Post by MikeL238 »

Mike Leigh

User avatar
seanr
Posts: 73
Joined: January 10th, 2019, 3:05 pm
Location: San Jose, CA
Has thanked: 4 times
Been thanked: 4 times

Re: Is SQN hot again on WB?

#7 Post by 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.

User avatar
Marshall Manning
Monopole Crü
Monopole Crü
Posts: 917
Joined: January 31st, 2009, 1:16 pm
Location: Portland, OR
Has thanked: 13 times
Been thanked: 73 times

Re: Is SQN hot again on WB?

#8 Post by 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... [bow.gif]
Marshall

User avatar
David_K
GCC Member
GCC Member
Posts: 1015
Joined: July 17th, 2014, 7:01 pm
Location: Boston, MA
Has thanked: 12 times
Been thanked: 13 times

Re: Is SQN hot again on WB?

#9 Post by David_K »

Everything is hot on WB. Good for sellers, good for WB, not so good for bargain hunters. [snort.gif]
K@ntrОwi╦z

User avatar
Br1an Th0rne
Monopole Crü
Monopole Crü
Posts: 586
Joined: May 28th, 2009, 9:37 pm
Location: Just outside of Philly
Has thanked: 16 times
Been thanked: 12 times

Re: Is SQN hot again on WB?

#10 Post by Br1an Th0rne »

David_K wrote: February 22nd, 2021, 2:44 pm Everything is hot on WB. Good for sellers, good for WB, not so good for bargain hunters. [snort.gif]
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 🔥

User avatar
Mel Hill
Posts: 6418
Joined: January 27th, 2009, 12:56 pm
Location: Colorado
Has thanked: 4 times
Been thanked: 20 times

Re: Is SQN hot again on WB?

#11 Post by Mel Hill »

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

User avatar
Brian S t o t t e r
GCC Member
GCC Member
Posts: 2694
Joined: April 21st, 2015, 6:05 am
Location: St. Louis, MO
Has thanked: 92 times
Been thanked: 93 times
Contact:

Re: Is SQN hot again on WB?

#12 Post by Brian S t o t t e r »

The new /r/wallstreetbets.

To the moon! 🚀🚀🚀
CT and IG: rieslinghoarder

2021 WOTY Candidates:

2019 Hofgut Falkenstein Niedermenniger Herrenberg Riesling Spätlese feinherb “Meyer Nepal” #11
2006 Billecart-Salmon Champagne Cuvée Nicolas-François Billecart

User avatar
Eric White
GCC Member
GCC Member
Posts: 694
Joined: January 28th, 2009, 3:28 pm
Location: Banks, OR
Has thanked: 22 times
Been thanked: 32 times

Re: Is SQN hot again on WB?

#13 Post by Eric White »

Mel Hill wrote: February 22nd, 2021, 3:15 pm Let me know when Stockholm hits $1,100 again!
Mel, it's currently at $1245, see the original post

User avatar
Howard Cooper
GCC Member
GCC Member
Posts: 21136
Joined: May 30th, 2009, 8:37 am
Location: Rockville, MD
Has thanked: 131 times
Been thanked: 86 times

Re: Is SQN hot again on WB?

#14 Post by Howard Cooper »

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

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

User avatar
Ken Strauss
GCC Member
GCC Member
Posts: 5348
Joined: November 22nd, 2015, 9:03 am
Location: Sunny South Florida
Has thanked: 10 times
Been thanked: 16 times

Re: Is SQN hot again on WB?

#15 Post by Ken Strauss »

Also note that there are multiple commercial buyers!
Yes demand it up!
"Explaining is not supporting."

"Independence is a state of mind"

Nathan Smyth
Posts: 3788
Joined: February 15th, 2009, 7:11 pm
Been thanked: 1 time

Re: Is SQN hot again on WB?

#16 Post by Nathan Smyth »

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

User avatar
Jason T
GCC Member
GCC Member
Posts: 2756
Joined: June 8th, 2014, 7:45 am
Location: London
Has thanked: 24 times
Been thanked: 10 times

Re: Is SQN hot again on WB?

#17 Post by Jason T »

Nathan Smyth wrote: February 22nd, 2021, 7:57 pm 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.
J@son Tr@ughber

User avatar
R M Kriete
GCC Member
GCC Member
Posts: 676
Joined: April 27th, 2010, 8:07 am
Location: Indialantic, Florida
Has thanked: 56 times
Been thanked: 7 times

Re: Is SQN hot again on WB?

#18 Post by R M Kriete »

Gotta spend those Covid stimulus checks on something

Mark Golodetz
GCC Member
GCC Member
Posts: 7855
Joined: May 29th, 2009, 8:49 pm
Has thanked: 9 times
Been thanked: 71 times

Re: Is SQN hot again on WB?

#19 Post by Mark Golodetz »

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

Karl K
GCC Member
GCC Member
Posts: 1342
Joined: October 29th, 2016, 10:01 pm
Has thanked: 7 times
Been thanked: 7 times

Re: Is SQN hot again on WB?

#20 Post by Karl K »

Mark Golodetz wrote: February 23rd, 2021, 5:40 am It’s the alcohol. When you are stuck at home, you want the stupor to be quick.
😀
K a z a k s

User avatar
J a y H a c k
GCC Member
GCC Member
Posts: 14218
Joined: May 29th, 2009, 9:59 am
Has thanked: 2 times
Been thanked: 19 times

Re: Is SQN hot again on WB?

#21 Post by J a y H a c k »

B. Buzzini wrote: February 22nd, 2021, 9:47 am 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.
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
J a y H a c k
GCC Member
GCC Member
Posts: 14218
Joined: May 29th, 2009, 9:59 am
Has thanked: 2 times
Been thanked: 19 times

Re: Is SQN hot again on WB?

#22 Post by J a y H a c k »

Howard Cooper wrote: February 22nd, 2021, 4:01 pm 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.
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
Howard Cooper
GCC Member
GCC Member
Posts: 21136
Joined: May 30th, 2009, 8:37 am
Location: Rockville, MD
Has thanked: 131 times
Been thanked: 86 times

Re: Is SQN hot again on WB?

#23 Post by Howard Cooper »

J a y H a c k wrote: February 24th, 2021, 4:40 am
Howard Cooper wrote: February 22nd, 2021, 4:01 pm 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.
Howard

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

JViolini
Posts: 8
Joined: March 1st, 2019, 8:01 am
Location: Monterey County

Re: Is SQN hot again on WB?

#24 Post by JViolini »

Jeff_M. wrote: February 22nd, 2021, 9:50 am More people at home with money to spend would be my guess since non-essential travel is basically done for now.
Bingo champagne.gif
No wine trips overseas this year = that $ spent on wine
J u s t i n (itb)

User avatar
David K o l i n
Monopole Crü
Monopole Crü
Posts: 17974
Joined: June 2nd, 2009, 5:29 pm
Location: ChiIl
Has thanked: 13 times
Been thanked: 11 times

Re: Is SQN hot again on WB?

#25 Post by David K o l i n »

Eric White wrote: February 22nd, 2021, 3:59 pm
Mel Hill wrote: February 22nd, 2021, 3:15 pm Let me know when Stockholm hits $1,100 again!
Mel, it's currently at $1245, see the original post
Anybody want some? 😁

User avatar
RMann
Monopole Crü
Monopole Crü
Posts: 142
Joined: June 3rd, 2019, 1:07 pm
Has thanked: 19 times
Been thanked: 17 times

Re: Is SQN hot again on WB?

#26 Post by 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!
Russ Mann, CEO WineBid

Post Reply

Return to “Wine Talk”