I would think that the wineries who have built up a good mailing list with regular clients should do well. I guess we will find out who they are. Of course, all the cab producers must be happy to see Texas and Florida opening up.
I share these thoughts. We just don’t know how these wines will develop our time and if they ever can reach the levels of past vintages. I wouldn’t cut it off at 97 as the 2001/2002 are drinking quite well and ageing well and the 2010 and 2013s show very structured, cooler, lower alcohol which should allow for graceful ageing. But one has to be very selective these days with vintages and producers.
From the frugal perspective, the offers that have been posted here & elsewhere for Cab Sauv may feature discounted shipping, but that’s about it.
No discounts on the wine itself that bring it out of nosebleed price range. Not when there are value areas such as Paso, Chile, Australia, Argentina, etc etc etc.
The market value is not based on a few bottles of wine sold at an auction in an isolated sale. The same for bottles at auction selling for more than the widely available rate, or less.
So Todd - I’m not thinking that the high priced guys are going to be hurting all that much since a lot of them have business interests that financed their wine in the first place.
I think the middle guys are going to be squeezed - those who sunk everything into their winery and don’t have the volume or cash reserves to hold on.
But you’re in Michigan and there are a lot of wineries over there that nobody knows about elsewhere in the country and that are really really good. It’s still a nascent industry in MI and worth looking into. You might be able to score some great deals.