Really, really old D'yquem - Is it worth the big bucks?!!
- Charles Yu Jul 26, 2011 03:39 PM
I just came across the news on BBC that a bottle of 1811 Chateau D'Yquem was sold for US$120,000. Making it the most expensive bottle of White wine ever auctioned. Thats about $10,000 a glass!
The oldest D' Yquem I've ever tasted was only a 1975. It was quite something! At about $70 a glass, that, I can take. However, when it comes to three or four figures per glass. Is it really worth it? Will one be paying for just a sweet tangarine skin, burnt caramel solution? Ha!
Charles, you do realize, don't you, that NO ONE can answer your question.
"Is it worth the big bucks?" depends upon what's in an individual's wallet -- what they have in terms of disposable income, in terms of passion towards wine, and so many other HIGHLY PERSONAL factors, that only each individual can answer that question.
Certainly for those without the disposable income -- whether they have the passion or not -- the question is moot. So, too, is it moot for the people who have the money, but have no interest in wine. And only those with both, as well as the opportunity to make such a purchase, can (or need) to answer that . . . .
I'm trying to think of the vintages of Château d'Yquem I've tasted that were 25+ years of age at the time . . . 1893, 1928, 1929, 1934, 1937, 1943, 1945, 1947, 1949, 1953, 1955, 1959, 1961, 1962, 1967, 1970, 1971, 1975.
Now, based upon that experience, would *I* say the 1811 was worth $10K per glass?
Well, for one thing, it IS from the legendary "Comet" vintage. That alone jacks the $$$$, but I can think of far too many other things to spend MY ten thousand dollars on than on a single glass of wine . . . so, for me, the answer is "no."
Then again, while I can certainly afford to spend $$$ on a bottle of wine, I have a very difficult time with the IDEA for spending $100+ on a bottle of wine . . . it's not because I'm cheap, but rather it's because wine is -- for me -- something that goes with my meals on almost a daily basis. So, for one thing, spending $100+ a night on a bottle of wine, 3-4 nights a week, adds up fast! But more importantly, none of these wines were that expensive as I was growing up and when I entered the wine trade. When I used to pay $19.95 for 1970 Château Mouton, or $33 for 1966 Château Lafite; $19.95 for Comte de Vogüé Musigny, and $18.95 for 1971 Bonneau de Martray Corton-Charlemagne; $37.50 for 1967 (and $22.50 for 1971) Château d'Yquem, and $9.95 for 1971 Château Suduiraut . . . the very idea of these new wines at their current prices just seems ludicrous to me!
C'est la vie, I suppose . . .
FWIW, the name of the property is "Château Yquem." The name of the Sauternes produced from the property's vineyards is "Château d'Yquem." (Little "d" and capital "Y".) And, in the spirit of completeness, the name of the dry white wine made there is technically "Château Y," but will sometimes be written as "Ygrec."
First, I just wanted to say Wow!!!!!!!!!! $37.50 for a 1967 d'Yquem!! And I thought the Can$90 I spend on my 1985 Sassicaia was hell of a steal and an investment!!
Exactly my point also! Whether one can afford it or not, surely for 120K, one should be able to find better worthwhile things to buy or spend. For that bottle, one can have a tasting menu in all the Michelin 3* restaurants on earth!!
re: Charles Yu
Exactly . . . I can understand why SOME bottles -- like a Thomas Jefferson bottle of claret, for example, or an 1811 d'Yquem -- can fetch astronomical prices at auction, but to be honest, art auctions make much more sense to me. After all, unless you NEVER open the 1811 and then re-sell it when it's 250 years old, you'll never get your money back, and how many people can you get to cough up $10,000 for a single glass of wine? At least with a Rembrandt, a Van Gogh, or a Picasso, the chances are you won't lose your money . . . and the painting, unlike the wine, will never "go bad."
I have a harder time understanding the $2,000 per bottle price of a new vintage . . . and, yes, I would MUCH rather have the tasting menu. ;^)
Also, one, without unlimited means, could see that as the most expensive urination, that they have ever experienced... [LOL]
To others, it might be but a hiccup in spending, like a dozen Judith Lieber purses for the wife, plus a hermetically sealed storage locker for them. [I know several folk, who did just that.]
For me, well no, but then my NetJet account has lapsed.
Anytime we're talking about the extreme high end of the price range for any category, you throw "common" sense out the window. If you're worth $5B+ and a mere 10% of your wealth is in interest-bearing investments generating 5% annually, the $120K spent on a bottle of old, sweet grape juice really amounts to less than 2 days worth of interest. Crazy to contemplate that sort of disposable income, but there's plenty more than a handful of people walking this Earth who could pull the trigger like that.
First, you must answer this question: do you like older (very much older) Sauternes?
Second, do you have plenty of $ to spend on these wines?
Third, does it really matter to you?
Now, the auction price of any wine, is predicated on what one will pay, and seldom more. Is this going to compete a collection? Will this put the buyer above a friend, who also collects Sauternes? Will this be an investment, or something that one would serve to the right crowd?
Lot of questions. For me, it would be a moot point, as I have never paid more than about US $ 2000 for a bottle of wine. For many others, this could well be a "center-piece," and worth every penny.
It's like someone asking if it's worth the $ to buy an S-Class AMG vs a regular S-Class. To me, the answer is yes. Now, if one factors in a full Lorinser package on that AMG, then I am not sure. It just depends on the buyer. For most, I'd say skip the AMG, and definitely the Lorinser treatments, but that is just me.
If you bought that wine, then do not forget your "friends" here, when you open and pour. We would appreciate the opportunity to taste it with you, and toast your generosity. This D'Yquem is for YOU! [Grin]
re: Bill Hunt
Sorry, I cannot answer your first question since the oldest Sauternes I've tried was that 1975 d'Yquem I eluded to above. To me, that was still 'fresh', complex with lots of depth. And I enjoyed that immensely. However, here we are talking 150 years older! So, absolutely no clue and no way one can extrapolate!
Oldest dessert wine I had was still only a 1965 young Tokaji Aszu Eszencia. I did not particularly enjoyed that since I found it to be too 'herbal'(?) with srong dry tangerine skin and burnt caramel flavour. But then again, I'm one of those weird wino who prefers young fresh Riesling over old complex ' petrol ' ones!
Lastly, I thought instead of using Mercedes S vs AMG as analogy, due to the pedigree of the d'Yquem, you will be using Bugatti Veyron vs Bugatti Veyron fbg par Hermes as example! Ha!!
re: Charles Yu
For me, the oldest D'Yquem was the 1950, and it was quite good, but perhaps I was in a rapture at having it?
For dessert wines, we did an 1863 Verdelho Madeira, and it was excellent. Having those glasses, with our favorite sommelier, might have added to the evening?
As for the MB analogy, I could not help myself. My wife hates it, when I use her auto, but she usually gets over it quickly... LOL