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Requesting ballpark wine price - Printable Version

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- Des Moines Club - 04-24-2000

I have a member who owns a few bottles of 1966 Chateau Latour, Chateau Mouton and Chateau Margaux from 1966-67. He has no use for them and was curious if I would be interested in selling them at my club. Given the 1990's are in the $200 range, I can't imagine what a 66 would bring. Does anyone have an idea? I told him he would probably be better taking them to auction.


- Bucko - 04-24-2000

The 1967 Margaux is a disaster, dead, and has no value. The 1966 was mediocre and is now well past its prime, and has little value.

The 1967 Mouton is also a disaster, dead, with no value. If properly stored, the 1966 should still be drinking well, and would command a high price.

Bucko


- tomstevenson - 05-06-2000

Bucko's right about the 1966 Mouton, and the 1966 Latour should be at least as good, depending on storage. Latour vies with Petrus as the best of that vintage, but the Mouton wasn't far behind. Although nowhere near the same class, I would not have been as harsh about the 1966 Margaux, which is fading, rather than well past its prime (perhaps differences in storage conditions either side of the pond account for this discrepancy?). Anyhow, 1996 currently fetches between $350 (Winebid.com) and $475 (Taylor & Norton, Sonoma), but can be as high as $710 when supplied direct from the chateau (Specs Liquor Warehouse, Houston). The 1966 Mouton goes for anything between $295 (Taylor & Norton) and $467 (Marketplace Wines (Oregon). Despite its lesser quality, 1966 Margauc fetches $359 (Tinamou Wine, CA).

Although Bucko was spot on about the quality of the 1967s, that does not mean that there is no market for them (usually it is birth years and anniversaries that drive the market for such wines). The 1967 Latour currently fetches $120-195 (Vickers, Sokolin and Taylor & Norton); while the 1967 Mouton falls somewhere between these extremes: $140-180 (Taylor & Norton and K&L).