Wine and Politics

[cmodica]

“Republicans buy Pinot too” -Michael Jordan

Yes, but they avoid Burgundy and buy domestic!

Then again given the politics of California and Oregon, maybe not.

[Henry_Kiichli]

High end old fashioned ‘fine dining’ restaurants had been disappearing before Covid. I wonder if they will ever return as we knew them — like 3,000 seat opera houses.

And 600 seat opera houses…

[Andy_Sc]

I am planning to consign the better part of my collection to a major firm. If serious political discord continues through this year would people see this as having any effect on prices realized?

Thanks.

“…serious political discord continues…”

Am I missing something? You mean the trade tensions between the US and Europe with some wine tarifs?

[Tom_R_W]

I don’t see wine prices tied to politics, just as the economy doesn’t seem to be either.
Wine prices do, however, seem to follow the economy, though. If you fear an economic downturn on the horizon, the 2008 recession had a significant (but short-term) impact on high-end wine auction prices.

Another thought- if selling Napa wines, one might consider fire impacts. 2019 vintage releases will be reduced as some lost their bottles/barrels in cellar. 2020 vintage supply will be tighter still with many Wineries declassifying entire vineyards for smoke taint.

[Victor_Hong]

I am planning to consign the better part of my collection to a major firm. If serious political discord continues through this year would people see this as having any effect on prices realized?

Thanks.

Only if red wines.