Wine Hunter: 1978 Diamond Creek Lake

WINE TALK
1

Knock yourself out:

1978 Diamond Creek Lake Vineyard Cabernet Sauvignon | WineBid" onclick="window.open(this.href);return false;

Bruce

2

[scratch.gif] How in the world did that one get posted? Doesn’t winebid set prices?

3

I liked the Volcanic Hill quite a bit in that vintage.

I think the first Lake I tried was '84…

4

Crack…they are a smokin’ it.

5

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(But the Gemello is the better deal.)

6

OK, so not worth the money to youse guys, but wasn’t there only 25 cases made?? Can you find it any cheaper?

7

tremendous vintage but c’mon!

8

How many are available? I am all in!!! pepsi

9

No doubt it is worth the coin…but setting the opening bid at that high of a price is what I am on about. Ridiculous IMHO.

10

I don’t know. It was a pretty tasty wine the one time I tried it. No worth $1000+/btl, in my opinion, but few wines are. It’s probably one of the few remaining bottles in the world and appears to be in pretty decent shape (as one as one can tell from a picture). Not for me, but it doesn’t seem any more ridiculous than every bottle of Le Pin I see for sale. [pillow-fight.gif]

Cheers!

11

Frank,
Is it possible you detest the Right Coast, Right Wing, and Right Bank? [wink.gif]

12

And on top of it all, appears to have a plastic capsole. No way to put any pressure on the top of the cork, so better be very comfortable with the provenance.

13

Why the outrage? This is a pretty legendary wine, up there with '74 Heitz Martha’s. Wouldn’t be surprised to see it sell in this zone and I imagine the Napa Valley Wine Auction connection may give it some more cachet.

14

Not only that, someone will buy it…just remember, for every seat there’s an ass.

15

Maybe they’ll realize their price. Auction records show that 2 bottles sold in 2006 for an average of $4112.ea [shock.gif] and that a single bottle sold in 2007 for $1547. The only earlier sale was in 1998 for $374, so there is clearly no consistency in the sales, but I agree with Keith that the winebid price might be enticing for someone looking for the unique provenance and signed bottle, I had missed those details at first. Who knows?

Either way, I’d rather take a case of Maybach.

16

Chris, is there a bid history on wines in WineBid?

17

Steve, I found the history on Wine Market Journal database. Not sure if the link will work bc I’m accessing it through a subscription - https://www.thewmj.com/members/searchresults.aspx?stype=0&query=1978%20diamond%20creek%20lake%20" onclick="window.open(this.href);return false;

18

Keith–I posted it for the chuckle, not for outrage. But if you’re doing a QPR analysis, you can get ~2 bottles of the 74 Heitz Martha’s for one of these, after hammer, premium, tax & insurance.

Bruce

19

The wine is indeed VERY rare and legendary, and will probably garner the dollars that the seller wants. My issue is why start out at the very top end of the expectation. Set a smaller opening bid and keep your reserve price to allow people the opportunity to get in a bidding frenzy.

20

Volcanic Hill is what we had at the Napa/Sonoma tasting.