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Aug 1, 2008 04:51 PM

buying wine before harvest?

Anybody heard of practice of purchasing wine (say a few cases) before grapes are even harvested and therefore realizing substantial discount?

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  1. Buying wine prior to bottling (such as with Bordeaux futures) carries a certain risk, but BEFORE HARVEST?!?!?!?

    Never, ever, EVER would I even dream about -- let alone do -- such a thing!

    1. Like buying the Brookline bridge ... before it's even built?

      2 Replies
      1. re: RicRios

        Are there wineries that even sell pre-harvest futures? How would the winery know that it was charging the optimum price without knowing the quality of the vintage?

        1. re: anewton

          From the link below:

          "Since 1993 thousands of investors have been falling for a succession of drinks investment scams. Investors may well have paid out anywhere between £150 million to £200 million on dodgy drinks investments. These are almost invariably worth far less than the investor paid for them. Sometimes they are completely worthless. The current fashion is wine investments."

      2. I bought some Kent Wright 2007 in December of 2007, but of course the grapes were in and the wine was in the barrel, or close to it. This is at a time where the 2007 quality was in serious doubt due to the crappy weather in September and October.

        I would not hesitate to buy at a good discount from the consistant great Oregon Pinot Noir producers a future wine before harvest. I probably would restrict my purchases to just a few cases however, depends on the discount and the wine makers.

        1. Seems dubious to me. Futures are common, but that generally is done in the spring after wine has been in barrel for a few months so you can get the idea of what the finished product will be like.

          Future can offer substantial discounts as well, anywhere from 30-50% depending on the wine, winery, regions, etc.

          I wouldn't even think about it.