Madeira 4 auction

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Matt K
Posts: 157
Joined: Thu Feb 12, 2015 1:46 pm
Location: Old Saybrook, Connecticut, United States

Re: Madeira 4 auction

Post by Matt K »

I think that $2500 was a very fair deal in the current market - maybe 10% less than I'd expect at auction before the premium, maybe ~$4400 @ retail.
I would have taken it, or made a strong offer, at that asking price - I wish my timing had been better. [dash1.gif]

In the immortal words of Homer Simpson, "doh!"
mmmMadeira
Eric Menchen
Posts: 6674
Joined: Wed Sep 24, 2008 9:48 pm
Location: Longmont, Colorado, United States of America - USA

Re: Madeira 4 auction

Post by Eric Menchen »

Andreas Platt wrote:My offer on FTLOP was $ 2500 for all of the following bottles together
I'm not going to get out my calculator and declare that fair or not, but for purposes of discussion will assume it is. The second issue is buying all those together. I understand you don't want to deal with shipping one bottle here and two bottles there, but on the flip side, I can imagine someone might not want all of those together either.
Well, glad that you got the '54 - but it's always tricky to not bid the price may want to pay and then get overbid in the last seconds...I learned my lesson regarding that topic.
I haven't bought anything on eBay in a good while, but will admit that I've sniped there. For wine, I'm more in the habit of just putting in my max bid early. My hope is that that if someone raises the current bid once or twice and sees I'm still winning, maybe they'll just give up. Obviously they might not, but if someone beats my bid, well they wanted it more than me, and were silly to pay that price since they could have bought it elsewhere for less. And yes, I see this often--bottles going at auction for more than you can buy them from reputable retail sellers. I generally max bid 80% of retail, less for bottles in poor condition, and sometimes more if it something I really want and/or it is more rare.
Gary Banker
Posts: 665
Joined: Tue Mar 07, 2006 6:08 pm
Location: Shirley, Massachusetts, United States of America - USA

Re: Madeira 4 auction

Post by Gary Banker »

So far, I have won:

1934 Abudarham bual
1905 Welsh sercial
Andreas Platt
Posts: 356
Joined: Sat Mar 18, 2006 2:04 pm
Location: Vienna and Sacramento, AT&US

Re: Madeira 4 auction

Post by Andreas Platt »

Gary Banker wrote:So far, I have won:

1934 Abudarham bual
1905 Welsh sercial
Gary,

congrats.

I think you made very well on the 1905...my bad is your good. But seriously: I'm glad someone of the forumites got this.
Gary Banker
Posts: 665
Joined: Tue Mar 07, 2006 6:08 pm
Location: Shirley, Massachusetts, United States of America - USA

Re: Madeira 4 auction

Post by Gary Banker »

Andreas Platt wrote:
Gary Banker wrote:So far, I have won:

1934 Abudarham bual
1905 Welsh sercial
Gary,

congrats.

I think you made very well on the 1905...my bad is your good. But seriously: I'm glad someone of the forumites got this.
Andreas,

Thanks. I was really surprised at the result with the 1905. Sercial must be much less popular than the sweeter wines.
Andreas Platt
Posts: 356
Joined: Sat Mar 18, 2006 2:04 pm
Location: Vienna and Sacramento, AT&US

Re: Madeira 4 auction

Post by Andreas Platt »

Last hours for the last Madeira...1934 Verdelho that is.

Better be quick as this is available for cheap...currently ~300 bucks.
Gary Banker
Posts: 665
Joined: Tue Mar 07, 2006 6:08 pm
Location: Shirley, Massachusetts, United States of America - USA

Re: Madeira 4 auction

Post by Gary Banker »

I won it for $310. Nobody else bid after the initial bid.

Final results:
1934 Abudarham bual $451
1905 Welsh sercial $425
1934 Welsh verdelho $310

Bidding was weak on the last two.
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