Question about Wine

[MichaelSpectator 544]

I’m trying to assign a value to my 600 bottle wine collection.

How do you determine the value of bottles when every website/store is offering the wine for XYZ per bottle but is sold out?

In other words, the winery is out of stock for that year, and you try to buy it online or at a store, and can’t. It’s impossible to find. Yet, it’s listed by the stores as “sold out” with a valuation from 10 years ago.

Does anyone know what I’m talking about?

[Faust For ScienceParticipant 22521]

You need to ask a professional about this. But, keep in mind if you officially appraise an item, or items, there are tax issues involved.

[KeymasterKeymaster]

Michael wrote:

600 bottle wine collection

Wow on that.

Try: Best of wines dot com (you can search by label, vintage and more)

Or even Ebay.

A 1988 Chateau Mouton Rothschild 6L Imperial is now “worth” $7500 – says the seller. But it’s really only “worth” what someone is willing to pay for it. After a while, it’s like art.

Sotheby’s says the same wine is $9500
http://www.decanter.com/wine-news/ebay-to-auction-more-fine-wine-via-sotheby-s-deal-8594/

If you keep doing what you've always done... you're gonna keep getting what you always got.

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