Round Two....SQN Queen of Hearts!!

Maybe Manfred needs a new Motorcycle! [give_heart.gif]

During the last auction, someone speculated that it was likely a shill bidding situation to inflate the “apparent value” of the bottle and that and we should be wary of a second bottle miraculously appearing shortly thereafter.

I have no knowledge of anything, just recalling that earlier person’s eerily accurate prediction.

Have your buddy buy the wine at an inflated price and then turn around and sell the wine again but to an unsuspecting person at the “new value” or there abouts?

Of course, an alternative theory is that another person with another bottle was shocked by the high price of the last one and decided to cash in. Like you, I have no specific knowledge, just another theory.

I like your “Theory” Ken. There is obviously a demand and looks like a little supply remains. It wouldn’t surprise me to see another bottle in the next year.

Personally, I don’t think someone would pay the buyer’s premium to winebid in order to drive up the price considering the insane hammer figure. An expensive ‘rig’ and the 2nd bottle would have to sell for considerably more to come out on top.

Does anyone have an idea what the buyers premium would be on a bottle that sold for that price?

Winebid makes 15% coming and going

Wow! Puts a little dent in things. In order to set up a second “real” sale you are looking at 30% each way or at least 45% to whoever set it up. I’m not sure that makes much sense. (Check my math…I wasn’t a math major nor a CPA.)

The buyer premium for the lot would have been $5580. I still can’t believe someone would pay that much for a 1995 SQN rose.

I’d be saying that even if the price was $100! I’m speechless. Almost.

It really makes you wonder what the $42,000 wine inside tastes like!

Just like rosé, only with more alcohol. [tease.gif]

At this point, these aren’t wines for drinking.

At least, in the case of nearly 20 year old CA rose, let’s hope these aren’t wines for drinking…

“All seems infected that the infected spy, as all looks yellow to the jaundiced eye.”
Alexander Pope

“If the only tool in your box is a hammer, every problem is a nail.”

Didn’t you mention in the last thread that you had to source this bottle from the secondary market to fill the hole in your own library? I hope you held on to that bottle!

That’s the grossest tasting note ever.

And in related news:

http://abcnews.go.com/US/wireStory/rare-stamp-set-record-nyc-auction-24169833

Bruce

Round two looks to be doing pretty nice. I guess it’s not worth asking how many of these Rudy had made up?

Don’t forget if you live in California you also have to pay the 8+% sales tax so that actually brings the vig closer to 24%!!!