Three cheers for adding UPS store shipping. I think I will buy another case to celebrate!
I need lot 31 and 35 released now. Too many Cabs too few Pinots.
The UPS store option makes me want to never order wine from anywhere else! I ordered a case of Lot 32 to celebrate.
In my area (for some vendors – deNegoce, & some wineries on BerserkerDay), I have to ship to a neighboring state, as I cannot ship to home, I prefer FedEx. The UPS Store charges me $20/case to get a delivery there.
I hope Cam will clarify prior to shipping what our options are. My first few orders seem to be set up to ship to my home, but my most recent order said my order was available for my home address, so I defaulted to my neighboring-state FedEx Office location. I am confused…
Other vendors (Last Bottle, etc) can ship to my home.
Can’t speak for the others but 90% of mine is going to offsite wine storage facility. I would imagine the shippers are used to October/November being busy wine shipping season. Although I am going to give a heads up to my storage facility. Between Cam X deNegoce, wine auctions, wineries, K&L,….Inhave a lot of wine coming in the fall.
I have today, for the first time, had an order postponed because I have exceeded how much you can ship into my state.
David,
I used to be the bourbon brand manager at Sazerac, the company that currently owns Pappy Van Winkle bourbon, and I have purchased over 400 bottles of de Negoce wine. I would never call buying Pappy Wan Winkle at $40 the equal of purchasing Cam X wine. I am a happy customer of Cam’s products and they are worth more than I paid for them but your comparison is a bit extreme and that is putting it mildly.
Of course I don’t mean a direct correlation. But it will surprise me if in 10+ years, we are still seeing $100+ priced wine producers bulking out wine at this pace which goes to resell at $15 a bottle. Either there will be less supply or a market turnaround. Plus, you’ve got the added mystique of the 2023 vintage, which like it or not I think is a more real thing than the difference between distillates every season before they go into barrel and hide away. Suffice to say, I’m just suggesting this is a great time to buy wine from Cam (or any bulk seller), more so than any time before.
I’m not trying to quell anyone’s enthusiasm, but the current moment reminds me almost exactly of the early pandemic era De Negoce.
It’s literally the same playbook, and one that people clearly go nuts for.
Plus, a lot of those wines coming out were 2018s, which, iirc is/was considered a stellar vintage. There will absolutely be another vintage of the century within the next few years.
I bought a decent amount of De Negoce and have had no complaints (except for one Australian riesling that I didn’t care for). They almost always drink above their price point. I still have a bunch of those wines, so am into CamX for exactly two cases.
I guess my point is I predict that attractively priced buying opportunities will still be present in the future.
Don’t disagree on the marketing and playbook being the same, but I think there are significant differences in the world in a lot of ways between 2018 and 2023. The closest similarity is the quality of the vintage.
2023 was like 25% lower production than 2018 in california (almost 10% less volume across all the US), even with it being a bumper crop compared to 2022. There are more and more fire and climate pressures, costs of production, and increasing market risks geopolitically impacting the industry (even more than demographic shifts). Demographics for cabernet wine consumption are changing (particularly for something like Napa Cab). Cost of goods are up like 10-20% since 2018 but the price of these wines are the same if not maybe even less than original deNegoce value proposition considering all these factors.
I think what I was trying to get at with comparing it to Pappy, is that this is a very particular style of wine, and the costs of it will continue to rise for branded labels. I think we’ll see a few years of bulking, but then production will decrease. If and when demand spikes again (particularly for these sorta classic cali cabs), it’s going to be less going to bulk or less quality going to bulk. The next cycle will at least be longer than comparing 2018 (pre-pandemic) to 2023. The shifts in the market (including exports) in the last 5 years are just dramatic in so many ways.
Will there be good buying opportunities always, of course, but I do think this year is special. I personally haven’t bought 30 cases, I’m closer to like 10, something that I think I can personally consume over 10-20 years. Like you, I don’t see a lot of logic in buying 40 cases, but maybe if my family drank more wine, I would be doing that. The people who are doing that, I think I support that endeavor.
It would be really interesting to look at the first 30 wines that deNegoce offered, what the sale price compared to retail price was, and compare it to CamX current first 30.
My logic for buying 55+ cases of 2023 CS, PN, & other BDX blends is simple.
I mostly passed on 2020 & 2022.
I believe 2023 is an excellent vintage.
I do understand changing commodity cycles. Maybe Short feeder cattle, and go long on Silver?
I have the space & the financial resources.
I personally consume 365 bottles per year (30+ cases).
I like fancy wines at bargain basement prices.
I don’t drink the labels.
I trust in Cam.
I’m happy.
‘nuff said?
The fact that my son is also named Cam, is just plain funny to me.
I’m really happy….
Zero regrets, feeling like the cat that ate the mouse.
Burp….
This makes total sense.
Oh, Good! This was exactly my plan.
Plus, I never guessed the values would be this super triple extra excellent!
OG dN Lot 216 2018 Stags Leap Cabernet Sauvignon
Was $300 for a six pack, plus shipping? I missed that one. No regrets on 3x#32!
Burp….
I remember when 216 came out and there was a ton of discussion about pushing the price threshold of what his customers would consider a value. I didn’t purchase but sounds like that one turned out to be great. Maybe not incredible value per se, but overall hard to call those reviews at that price anything disappointing. I’m feeling like the initial tastes on a lot of these wines are describing similar heavily structured wines.
Don’t be so dense man…
Some day if these brands ever realize that they can actually sell out at something like $50-$99 a bottle they won’t have to sell to Cam for $3 a bottle.
Then We will all be screwed and X will be selling us on the glory of South American reds
Another Great reason to stock up while the getting is good.
Nothing lasts forever. Carpe Diem, seize the day.
Burp….
Don’t laugh Argentine Reds are quite nice. Some collector beauties there…
I know there are, but they are way over priced much like Napa which is why I picked the region.
They could also learn a thing or two about trying to charge $200 …but whatever works for the business model, I have no idea how they are faring in the southern hemisphere.
David,
Cam X wines are good deals but there are tons of wine sales if you just look around. Last week, I purchased Spring Mountain Elivette for 88% off. I regularly find over 50-80% off excellent wines for top vintages. My point is Cam X wines are not the wine deal of the decade like you imply but they are solid deals. I would not race to overbuy but if you are starting a wine collection then Cam X is a great place to start. I am happy with my 400 bottles of de Negoce but I now have plenty of Tuesday wine.
That elivette sale was a unicorn sale. And it was still $29 a bottle, but vintage, so pretty awesome. For most consumers, compare this to a $15 bottle from the grocery store and I think you are pretty wrong if someone has space to wait a few years.
Maybe not deal of the decade, but ridiculous deal.