The Roaring Teens by the Ounce

Posted on January 22, 2014 by Greg Martellotto | 0 Comments

BHW maintains a private client list and offers up fine, rare and impossible to find wines to our faithful followers. If the results of the Dow Jones Industrial Average and S&P 500 from 2013, combined with a return to growth in building and real estate values point to a bullish economy, let me offer another indication. Last month, we sold the most expensive single bottle of wine we've sold in our short history. The wine was a six liter bottle of Lafite Rothschild from 2000. Lafite has been the runaway favorite for newly initiated drinkers, particularly from BRIC countries and investors over the last decade. Lafite sets its own course and the rest of bordeaux orbits its trajectory. Lafite suffered a severe downturn since 2010 combined with the change over in administration in China's government and the stated claims to install austerity measures, elsewhere known as being practical. All of Bordeaux has been dealt a sobering hand by mother nature with successive vintages in 2011, 2012, and 2013 generally being relegated to forgotten vintages. Somehow, this just makes karmic sense given the succession of "vintages of the century" in 2000, 2005, 2009, and 2010. I'm a student of history and I've always considered the Roaring Twenties (1920's that is) to be a halcyon period, about which I'll occasionally daydream. This may be the result of having a infectious and dramatic nine grade English teacher who made the Great Gatsby come alive. Perhaps and hopefully, the US and the world economy will enter a new era we'll come to call the twenty-first century roaring teens. I can tell you that the fine wine market is very fine indeed, and ticking onward and upward.

 

6L = 8 750ml bottles

750 ml = 25.3 ounces

25.3 ounces = 5 glasses of wine

1 glass of wine = 5 oz

203 oz in 1 6 Liter bottle

1 oz of Evian water = $.13

1 oz. of premium gasoline = $.04

1 oz. of gold = $1240

1 oz. high quality bud in CO = $300

1 oz of Lafite 2000 = $98.52

1 6L bottle Lafite 2000 sold for $20,000


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