Many fellow collectors express shock when I tell them I have sold some of my wine before: “I would never sell my wine!”
This reaction always puzzles me. Most people have no problem selling stocks, personal belongings, cars, etc. Why would selling wine be any different?
My sales have been for two reasons although I can think of several other situations where I would part with some bottles:
- The wine I am selling is a type of wine I have lost interest in or simply no longer drink anymore. For example, shortly after getting married I realized my wife did not care for German and Austrian Rieslings (bless her heart), yet I had more than six cases taking up precious space in the wine cellar. I would periodically open a bottle myself but eventually realized I would likely never drink it all. Up for sale it went and the proceeds were used for varietals that we both enjoy.
- A wine has just become too expensive. I bought ’04 Lafite upon release for $150. Several years later I was offered $750 for this wine. ’04 Lafite may be great, but in my opinion, it never was and never will be worth $750. I took the $750 and bought three bottles each of ’08 Cos d’Estournel and ’08 Ducru Beaucaillou. I’m certain I will get more pleasure out of those six bottles than I would have out of the single of ’04 Lafite.
Under what circumstances have or would you sell some of your wine?