I probably have no business jumping into this thread but since I was on WB anyway, I figured I would add one more perspective to the convoluted topic of value. I really do appreciate reading people’s comments about price, value, etc. I think it’s fair to say our perspectives on price and value are as varied as our palates and taste preferences - others essentially make the same point above.
Zach, Greg, I certainly understand the perspective that the Abreu wines have become more expensive and the natural tendency to compare them to others you enjoy. That’s totally fair and I think we each do that to varying degrees as consumers. The more we taste and explore, the better we can refine our mental map for what’s “worth it” from what’s not. I’ll share my own mental map below in case it adds any helpful context for you.
You can still find some mid 90’s and early 2000’s bottles on the secondary market at prices that I think represent incredible value. If you feel today’s release price is too high, I think buying some of these older vintages at reasonable prices can be one way to still enjoy the pedigree of these incredible vineyards.
Madrona Ranch in my estimation is one of the Grand Cru sites in Napa Valley. David planted it, farmed it for decades and, as of this year, now owns the land. That means a lot to me as a consumer. (It obviously means a lot to me as a winegrower too and that’s why we’ve been investing in land.) David and Brad know that site intimately, they know which sections ripen faster or slower, where they have to manage canopy slightly differently, etc. You only get to those nuances after years of farming for yourself. I’d like to believe we can taste those nuances in the resulting wines but of course this is subjective. I tend to be willing to pay more for estate-grown wines and I place emphasis on sites that have been farmed consistently for decades. I guess the time dimension is worth something to me.
Brad is a talented winemaker and there are many of those in Napa Valley. For me, what sets him apart is the singularity and distinctiveness of his wines. Brad has a meticulous yet instinctive approach that I think is unique to him. Of course the quality of the wines is high - that should be a given at these prices. So I tend to focus more on who’s making truly distinct wines from who’s not. To me, Brad’s wines are distinct.
Own some of the best land, farm it for decades, focus on the details, make wine with a singular approach, prove the wines can age gracefully for decades. In my view, this is why Abreu is legendary in Napa Valley. Are the Abreu wines worth 2x this or 3x that? Everyone’s answer will vary of course. David Abreu and Brad Grimes are two of the best in the business, working with some of the best land in Napa Valley, and they’ve proven that consistently over decades – I think that combination is fairly rare.
Just my two cents!