You can find the impact in some examples of what soiled labels do to some wine prices on the Farr site
Conceptually, value should drop a bit with damaged labels (minor aesthetics probably arent gonna be an issue), but obviously damaged labels will often correlate with older wines which are then rarer, so by extension, more valuable/more subject to ‘auction’ pricing.
Bts with damaged labels should and usually do sell with a discount , but imo often it s a sign for perfect humid storage … so I buy them with pleasure, even if the vintage is hardly legible. Some of my best bottles looked like this.
I do not really undestand it but for reselling it s often a problem.
There are maybe less drinkers than collectors and investors …
My local Total Wine has three 2015 Ridge Geyserville’s that have wine splatter all over the labels. They are on the bottom shelf and I know a bottle above it got knocked off and broken causing the splatter. Those three bottles have been there well over a year and probably won’t sell because of the labels. Maybe I should talk to management and ask for a discount since they aren’t selling.
When I’m on Benchmark, I hunt for the good bottles with cosmetic flaws. In fact, the majority of my purchases from there might be cosmetically flawed bottles. I’m slightly more picky if I’m getting wine from another source that doesn’t guarantee the provenance of the wine.
Absolutely - if the level is good and the label is damaged by damp, it’s an excellent sign. Some of my best buys have been wines like that, precisely because other collectors do not bid for them.
Obviously if you’re selling, it works the other way, so many people cover the labels now with cellophane.
Not so concerned about labels. Corks, color and capsules yes. Any combo of both and it’s a no go. As to pricing a bottle with a damaged label, I’m buying to drink and not looking for a discount.
My wine cabinets have metal racks that tear labels all the time. I dont sell em so I dont care but label damage is not always a sign of the storage conditions.
I’d be curious if auction houses have any good data about label condition vs sale price. Tough to have a ton of data, but perhaps interesting. For small lots I would think the biggest effect would be the end buyer. I imagine a consultant or retailer would be less willing to pay the “going rate” if the label had an issue, whereas an end consumer is probably happy to be able to grab the bottle at that price. For case lots, where even an end consumer might have a thought to one day reselling, I’d think it would be a bigger issue.