same here. it’s seemingly almost all liv-ex feed. i had an item in an open tab from a few days ago, randomly refreshed the page and the 6-pack went up $2 and the quantity available changed from 1 to 3.
a good bit of the ‘long tail’ stock is liv-ex, you are correct.
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Do you think pickup is something that you might be able to offer in the future? For those that live in the area, it would be a huge value-add to be able to pick up instead of take delivery.
I do appreciate that you guys have worked on improving the shipping rates, though.
First, I did not assume that everyone got there wine in 1994 or 1995, but rather the opposite. But I will now, since you do in fact seem not to know how Ponzi schemes start and work for so long. At the beginning, the influx of cash far exceeds financial obligations and so those obligations are, in fact met, with plenty of leftover cash to fund the con man’s lifestyle. As long as the next influx of funds continues to be larger than debts, debts will be met–including buying wine at higher prices than one paid to fulfill orders. This system does become unsustainable, of course, but it can take some time. The PC thread on this board starts in 2012. Now, that thread is already aware of theories that they were a Ponzi scheme, but people who didn’t believe it still had a history of fulfilled orders (plus some considerable patience about orders that were unfulfilled, it must be said). The earliest thread I can find, goes back to 2004 on Cellar Tracker. The person who opens the thread has has wine delivered shortly after the thread is opened. And the tenor of the thread is that late delivery is just how the business works. So, I am guessing that the system started to see stresses around 04 and started being seriously tested in 08-10. In 1995, yes, I would guess everybody got there wine. If you gave Madoff money early on, you could withdraw your investments fairly easily. It was only after the system became unsustainable that people realized what was happening. Since responses to this reality seem regularly to elicit moral indignation, I should again make clear that my point is not that it wasn’t a Ponzi scheme, but that, early on, it is impossible to know what is going on without access to the Ponzi schemes books and so there was good reason not to think it was a Ponzi scheme, That position became harder and harder as time went on. But in early days it was buttressed by the fact that.wine was eventually delivered or compensated for. None of this doesn’t mean it wasn’t a Ponzi scheme or that many people, in the end, lost a lot of money. But Ponzi schemes punish the latest entrants the most and the earliest, often, not at all. I’m not sure why recognizing how Ponzi schemes can go on for a long time is somehow denying that they did go on, but I am doing the former, not the latter.
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Direct quote from you-
I expect that there were numbers of people–maybe even the majority of its customers–who bought wine between 94 and say 06 or 07 that duly received their wine.
I’m frankly done with this conversation because you are now insulting me, saying I don’t know what a Ponzi scheme is. You’ve completely derailed this thread and done nothing but make crazy claims and insult people.
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Jonathan’s point was that this can happen in the context of a Ponzi scheme.
Put another way: the fact that “there were numbers of people–maybe even the majority of its customers–who bought wine between 94 and say 06 or 07 that duly received their wine” does not mean the Ponzi scheme wasn’t already happening.
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I don’t know if there is a way for the mods to segregate out this Premiere Cru discussion (which is a perfectly good one to have on the board) from the Vint Marketplace retailer conversation.
It just seems unfair to have the two linked this way and for Vint to be associated with PC, in the absence of any evidence that they should be.
[this is just for you to consider — it’s not meant as a criticism or demand]
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Hence my reasoning for ending the conversation. I apologize to Adam for even engaging with it, but it’s out of control, and should not be associated with this thread. It has nothing to do with Vint.
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Why waste time on another PC thread when we can rehash decanting, etc.
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Yes, I said some people, perhaps most people, did receive their wine. That is explicitly not saying that everyone received their wine. Do you really think that no one received their wine and no wine got delivered?
The argument here isn’t, or shouldn’t be, about PC. As Brian pointed out, my point has to do with the faultiness of the analogy between this case and PC because of the fact that, in its early days, one can’t tell whether a Ponzi scheme is ever occurring since the only evidence, the books of the company, is not visible.
Please move your discussion to DMs or something. Take a hint that nobody wants to read these off-topic rants.
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Actually I love reading all the rants about PC for some reason.
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No, you don’t. You’re not the boss of your own thoughts and feelings.
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I don’t mind reading it either. I don’t want it deleted, I just thought it should go into a different thread than “Retailer Check: Vint Marketplace,” since that seems quite unfair to them.
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This thread is like if someone asked about some issue with their neighbor and it became a discussion about Ted Bundy somehow
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I live in Montgomery County, Maryland. Do you ship there?
Frankly, I would be more interested if you had local pickup. I generally hate shipments to my home and it means having to wait there. I get FedEx shipments sent to a nearby Walgreens that has a FedEx spot and UPS shipments to a UPS office. How do you ship locally?
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Your golf course doesn’t have a package room?
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Fully understand, we hope to have a better option for collection. In the meantime, we can do common carrier (prefer Fedex), or van delivery.
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I just placed a prearrival order here as well (a 6 pack of some of their attractively priced champagne), I will report back with my experience once wine is received.
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Bump. Has anyone taken delivery yet?