Wine Talk

Snooth User: hhotdog

close-out deals!!!

Posted by hhotdog, Aug 21, 2010.

Has anyone been noticing the great deals these days?  Every week my wine store seems to have a great deal on wine around or under the $20 dollar mark.  Let me tell you...they are really good bottles of wine!!   I’m a bit concerned I may have to raise the bar?  When the wine prices come down and the quality what am I gonna do?  I hope it doesn't because I am lovin it!! Let me know if you are having the similar experiences.

Replies

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Reply by Girl Drink Drunk, Aug 21, 2010.

One of my wholesalers is offering 2004 Cos d'Estournel for $440 per CASE.  I'm totally stocking up.

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Reply by hhotdog, Aug 21, 2010.

holy s**t!!  wow ...let's all ride this out!!  good for you GDD!!

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Reply by GregT, Aug 22, 2010.

It's August.  Everyone has closeouts right now. Nobody's buying, you don't want to ship, many larger importers just shut down for the month, and people have to clear out stock for new vintages/products, particularly if what they have hasn't moved.  It's a good time to shop.

Add to that the continuing economic slump which removes the pressure to buy now or risk losing the deal. 

It's a very good time to shop and will be for another couple of years.

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Reply by hhotdog, Aug 24, 2010.

been stocking up on the deals GregT...seems a bit tough to get all the deals by the case it seems?  many of the deals must be spread out amongst the many clients the salesmpeople have.  i will continue to stck up regardless of the case or by the bottle!!!

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Reply by Richard Foxall, Aug 26, 2010.

Too many deals, too little room in the house.  But Cos D'Estournel at $440 a case is ridiculous.  Folks, the 2009 pre-sale market also means that you can buy the fabulous (and more consistent, even according to the demimondaines who push the 2009 futures) 2005 Bords at fire-sale prices, as '09 gets over-hyped as the third "vintage of the century" in the last decade.  If they haven't sold out, everything under the top classified growths is getting ridiculously cheap and are hitting their stride or can be cellared another 5-10 years--you just saved five years of cellaring expense.  Also, top California producers are buying un-contracted for fruit (sometimes from their own suppliers, after they cut back on their own orders) and bottling it under second labels for dirt cheap.  Just bought Caviste Pinot Noir from Carneros, a second label created by Acacia, who, coincidentally, source fruit for the first label from Carneros, for under $10. There will be many more deals like this.  A lot of excess capacity will be bottled under strange names or put in the second wines of high end producers.  Chappelet's Mountain Cuvee this year contains more of the Signature fruit, I am told.  My friends who make their own wine at a winery known for its Rhone-varietal evangelism are buying some of the best fruit they have ever seen and making wine at a cost per bottle of $3-4. (They got kicked out of the "homebrew" contests because of their sophisticated operation!) Look also at wineries that do most of their business with restaurants or at the winery--like Navarro.  Check their wine clubs and they will probably offer things you couldn't get at all for a good deal off, as the restaurants are hurting (except in my neighborhood, apparently).  Wineries are going broke and selling their overstock and library wines to pay the bills, and this is travelling up the pipeline to the growers, who are making the grapes available to lower priced wineries who have cash on hand.  Last year a merlot grower had 25 acres of Napa grapes that didn't sell. At all. Next step is ripping out vines--something that has not happened in California before.  Buy now, save a winery and a bundle of cash.

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Reply by napagirl68, Aug 27, 2010.

Oh God yes... it is a good time for those of us who can buy, buy buy!  THe wine shops are going under :-( AND the distributors are selling out.. great time to stock up on firm choices.

Also, STOCK UP ON COFFEE!  It is going up.  I just stocked my garage freezer with over 15lbs of coffee beans.  Move fast.


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