What's your average spend per Champagne bottle in your collection?

[Shannon_Perdue]

All I will say is that I happened to be in CT and the number surprised me.

#ballinblind?

Sometimes best that way. Plausible deniability.

[Jay_Miller]

Mediators, please move this thread to the Statistics Forum…

Now, let’s not be mean.

Indeed, we should always strive to be in the upper half.

[Chris_Bublitz]

All over the place in terms of price. Probably a quarter in the $35-$50 price range with about half in the $60-$90 range and a quarter in the $100-$175 range. Averages out to somewhere in the high $80s.

[Ebbe_Bonde_Soerensen]

I have reduced my Champagne drinking to only the best so my average spend is about 500$

Haven’t seen you around here in quite a while, Ebbe.
really $500.00?

So true, I just started to look at this site again, but rather to big to get into.
I dont drink so much Champagne any more so its just Selosse.

[Ebbe_Bonde_Soerensen]

For the people voting over $100, how many bottles of Champagne do you have?

24 correct average is 333.33 USD

[ERPark]

For the people voting over $100, how many bottles of Champagne do you have?

52 different labels and/or vintages, totaling 366 bottles. 60% are tête de cuvée, with the remainder being almost all NV that I got on markdown at Costco or bought in bulk from private parties. I have very little in the way of bubbles that cost me $45 to $99, and those are mostly a couple cases each of NV Billecart-Salmon rose and 2002 Pommery Louise that I acquired several years ago.

[Robert_M_yers]

Tell me which button I click again if my average is $70.00?

[Howard_Cooper]

I dont drink so much Champagne any more

This may be the most shocking post I have read in a long time.

But, welcome back!!!

[Bruce_Rudman]

Since I have so little, it is not an issue discussing specifics - Champagne is less than 2% of my cellar. Per CellarTracker, 19 bottles in 17 wines / Value: $1,997 / Cost: $2,125; either way the average is just about $100. My wife’s favorite is Billecart-Salmon Rose, which comes in the $70 range most of the time.

[Marcu_Stanley]

Mean is the right statistic if you are asking about your average dollar spend on champagne. If two thirds of my collection is $20 bottles of Heidsick and the other third is $500 bottles of aged Krug, it would be wildly misleading to say that my average spend is $20, just because that happens to be the median bottle.

True, but it also wouldn’t tell us much to know that your average spend was $180. Neither mean nor median shows much when distributions are non-normal, as your hypothetical is. I suspect however that a decent number of people have a skewed distribution with a long tail on the high end, which is why I suggested a median figure might give a better impression.

Many real world distributions are non-normal. The more skewed and long-tailed a distribution is, the worse the median is as a representative of it, because it completely ignores the tails. It would frankly be silly to use a figure for an average spend on wine that completely ignores all your most expensive bottles

[J_a_y_H_a_c_k]

I don’t drink a lot of champagne, but when I do, it’s Dos Equis. Ok, not Dos Equis, but not cheap either. My wife and I have discussed this, and we agree that it is a flaw in our buying and drinking strategy, but we have not corrected that. For example, I had some leftover bottles of Laurent Dauphin NV that I bought for an event at under $30 and after a few years of age, they were very pleasant and more flexible than a still white wine.

[Ebbe_Bonde_Soerensen]

I dont drink so much Champagne any more

This may be the most shocking post I have read in a long time.

But, welcome back!!!

Thank You , Howard