I don’t think that’s what he’s referring to. I think he’s referring to getting an allocation for a wine that will immediately rise in price on resale (e.g. Screagle, MACDONALD) in order to quickly “flip” the wine for profit. It’s about intent. And I think his further point is that, for those few remaining flippable wines, those are allocation lists, not wine clubs.
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I think that’s it though. Intent. Are you simply picking up an allocation to flip the wine while someone else waits to get an offer? Buying those tickets to simply resell at a higher cost. I think intention has everything to do with it.
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Over 45 years of wine collecting, the ONLY lists/clubs I’ve joined are flexible ones, not ones where you had to buy hostage wines to get the ones you really wanted. At this stage, I’ve dropped all but one. I’m still on Sandar & Hem’s list (one case a year) because Rob is a friend. Doesn’t hurt that he makes really terrific wine.
Never thought of it this way, but I guess I’m in an exclusive wine club of helping some wineries with bottling (Sandler, August West, Neely, Sandar & Hem). Even there, I pretty much have the choice of getting paid in 1) wine 2) cash or 3) a combination of the two. Again, it’s flexible.
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