My eyes perked up when I saw THIS offer…as I’ve had some killer deals from Justin, a great seller…and have been wanting to add a DRC Monty to the cellar for quite some time.
Are they really 9K now?
I was offered one this year from a retailer at $10k. Standard retail markup price for 17 was about $5500 if you could get one. Unsure if prices went up substantially from WD this year.
With DRC Corton running around $2000/btl……the madness continues. Seems like DRC is at a 2X over the past 3-5yrs and 4X over the past 8-10yrs. Back in 2012, I paid $2600 at retail for an 09 Monty. Dem were the days.
$9K for Montrachet is a very fair price these days. For a very long time, Montrachet did not follow the upward trajectory of Romanee-Conti despite being rarer and just as singular a wine. The last vintage of DRC I bought at release in quantity (ie cases) at normal markup was 2006 and that year I paid $4K for Romanee-Conti and $1,700 for Montrachet. These days the Montrachet is just a little less than Romanee-Conti at release, much closer to the old days when both Montrachet and RC were the same price- translating to $500 retail which most wine collectors considered outrageous at the time (and scarily, not all that long ago.)
If you can find a retailer willing to only mark up 20-25% then yes….it can be had for sub $800. That’s a rare occurrence though as they likely had to take shit margins on hundreds of entry level WD wines in order to get the DRC. But kudos for the well below market score
Recent auctions certainly support the price and most houses aren’t charging sellers a premium. But….I don’t have much to add to create a reasonable auction bundle. I’ve received offers for at or slightly above $8k so I might just take it. Not sure I’d have enough appreciation for the wine at these levels