Blanquito wrote:sdr wrote:What I DIDN’T buy from yesterday’s HDH auction - 2 old Bordeaux, 1 Soldera, 1 White Burgundy, very good stuff but not trophies. I bid “only” 120-150% of the estimate. Most of them went for over 200%. Too many rich people at home with nothing to do but pay more for wine.
Stu
I’ve bid at HDH auctions for years, my first HDH auction was in 2009, and through 12 years I’ve never won anything. I’ve never even come close to winning.
This shows admirable self-control. The whole design of the HDH auction is to suck you in and trap you in to bidding -- you will never win anything by putting in a lowball bid and walking away (as your experience proves). They force you to actually bid and then that gets your juices going.
I ended up with a wine that I wasn't planning to buy in this auction just because it was somewhat below current retail prices (2012 Jaboulet Aine Hermitage La Chapelle, an underrated Northern Rhone vintage, for $120 a bottle all in). I was fooled by current vintages being $160-180 a bottle, but then looked and saw that 2012 is available from at least one retailer at $135 so I didn't really save much at all. On the other hand I wanted to have a few more Northern Rhone in the cellar and 2012 is actually a good and underrated vintage. Now with this Hermitage I have like four cases total -- a half a case of Levet, a case of Jamet from 2009/2011, a few Guigal Ampuis, and some Clusel-Roch Grande Places and Rostaing from 2015 and 2016. It will all age forever.