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…
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
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.
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.
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