Think About It
by Kermit Lynch
In 1980 I sold Henri Jayer’s 1978 Vosne-Romanée “Cros-Parantoux” for $31 per bottle. More recently, a case of twelve of the same sold at auction for one quarter of a million dollars.
You might call it liquid assets.
In 1992 I sold Gérard Chave’s 1990 Hermitage Rouge “Cuvée Cathelin” for $110 per bottle. The other day I saw it offered in London for $14,720 per bottle. If you are on a budget, a New York merchant has it at $5,000. I’m drinking my stash, by the way.
I’m sure I don’t have to draw a conclusion for you. However, the next time you are walking through the aisles at 1605 San Pablo in Berkeley, think about it.