Tagged: Costs of Wine, Wine Collection
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Merlot at its Best!
Posted by Peter on July 31, 2024 at 11:19 amPeter replied 3 months, 1 week ago 3 Members · 8 Replies -
8 Replies
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WOW!!! I just cannot justify spending thousands of dollars on fine wine or champagne no matter how rich I am. I heard a lot of stories that people pay thousands of dollars on fine wine and champagne. So after you drink it, that money is gone. WTF. For me, after one or two drinks, everything tastes the same. I rather buy something worthwhile that is tangible. By no means am I putting wine lovers down. I get it. Goods, and services are priced accordingly to what consumers are willing to pay. Can you explain to me the value of wine and what type of people buy and collect wines that costs thousands of dollars.
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Years ago when I managed a casino a high roller won big at 6am one morning. He asked for the best bottle of wine, I had a Petrus, $7000 a bottle. I opened and decanted. He offered me a taste and it was pure gold. As far as wine cellars go, I drink I don’t collect wine. People with cash will spend it on good wine.
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Also one of my doctors collects wine.Vosne Romany Conte, a great Burgundy wine. $3000 easy per bottle. I encouraged him to open a bottle, no he said he collects. He never knew what the wine tasted like, he only knew it was collectible, I had to explain what it tasted like.
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One of my doctor’s best friends, a fellow car enthusiast and collector and a anesthesiologist, collects wine. I can never understand this, but he rents a climate controlled wine storage in Northern California and pays storage and maintenance fee. A lot of money I am assuming but he has been paying storage fees for years. Cannot understand it and will never get it but I guess everyone have their reasons. Why can’t you store the bottle of wines in your house.
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Wow. What is the taste differnce? Is it sweeter? Does it have higher alcohol content? Is it better for your health? I just cannot justify that type of price for a bottle of wine. Do you live longer? Lol. Kidding aside, can you help me understand how some bottles of wine can have such big price tags?
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Back in the days when I was a regional VP of a stock brokerage firm, I used to take my top producing stockbrokers to Pops for Champaign in Chicago. I remember spending $200 a bottle of Champagne. Had couple of dozen bottles besides cognac and other drinks where the tab came out to be several thousands of dollars. I thought spending this kind of money was being a high roller. Lol. I actually was sick to my stomach the next day with a hangover. I was sick not because of the hangover but rather on how much money I blew on alcohol and felt I was the biggest sinner. I could have purchased many poor people and families necessities like food, clothing, and shelter with the money I spent over booze. Now, seeing how much fine wine can cost, what I spend was nothing. Lol.
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I wonder how people with money buying a bottle of wine that cost thousands of dollar will feel like shit the next money after they wake up. Like WTF did I just do.