Wine Talk

Snooth User: DontknowJack

Château Lafite Rothschild Pauillac (1978)

Posted by DontknowJack, Jul 22, 2017.

I have a bottle of  that my Dad recently gave me. He collects wines. It was given to him in 1978 for his birthday. It has been stored on its side and not moved around often. I would like to sell it but don't know where to begin.

Replies

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Reply by outthere, Jul 22, 2017.

Drink it. Unless you can prove beyond doubt it was cellared that for the last 40 years in a temperature and humidty controlled environment it won't fetch much in the open market. Personally I'd be kinda po'd if I saved a wine for my kid and when I gave it to him he tried to flip it. C'est la vie.

http://www.winebid.com is a good place to start.

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Reply by Really Big Al, Jul 22, 2017.

I agree.  You are insulting your father by selling that bottle, unless you don't drink wine at all.  Have some friends over and make it the hit of the tasting party.

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Reply by DontknowJack, Jul 22, 2017.

I understand how you guys feel but my Dad didn't raise me that way. Both my father and no longer drink. I was just looking for someone who might appreciate it. Not necessarily, being a money grubbing brat looking for top dollar.

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Reply by DontknowJack, Jul 22, 2017.

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Reply by Really Big Al, Jul 22, 2017.

That's different if you no longer drink wine.  Good luck finding a buyer.  I hope the wine is still good.

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Reply by dmcker, Jul 22, 2017.

Hard to tell condition from that photo, though the label stain is not a good start. Need other photos to show fill level and condition of cap at top.

What info can you provide, if any, about where it was purchased by your dad, and how it's been stored since then?

All of these questions are germane to any sale and have a direct effect on sales price.

Do you absolutely need the money? If you don't personally want to drink it you could gift it to someone who would appreciate it, or open it at a special dinner with friends or family. This is, as mentioned up the thread, how you'll get best value from it. 

A singleton with no proven provenance is very hard to sell and get value for these days. If he has other bottles he's willing to part with they would help improve the attractiveness of your proposed sale, whether to a private collector or restaurant or auction site.

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Reply by DontknowJack, Jul 23, 2017.

My mom bought it from a retail store in 1978 for my Dad's B-day. It was kept in a wine cellar in the basement in NJ. He then moved to Florida in 2004. It has been stored on its side the whole time and the cork has no damage to it.

Most of the people I know would not appreciate the wine. Not a knock on them but not their glass of wine so to speak.

I realize that it may not have been stored in idea conditions and maybe I will never find someone willing to take a chance on the bottle. I don't know. But I do want to be fair to everyone involved.

Thank you for you help.

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Reply by dmcker, Jul 23, 2017.

She probably didn't buy it in '78 if it was a '78 vintage since it wouldn't be released until a couple of years later. No chance of her digging up a receipt? Keeping those things is what people who collect and may want to sell later do.

Still think you'll get the best mileage out of it by gifting to the right person, or a dinner. Too bad you don't drink because if it is in decent condition it will be tasty. Your photo shows some ullage (drop in wine level down the shoulder), which shows it wasn't stored in ideal conditions, but the drop isn't as bad as some after nearly 40 years. Oh, and FWIW, 1978 wasn't as good a vintage as several others in the '70s and '80s.

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Reply by rckr1951, Jul 24, 2017.

In addition to the vintage report and condition of the bottle, which isn't bad people will google through wine searcher to get various prices - I did and they vary tremendously - and written reports/reviews.  Here too, the written reviews and ratings vary greatly.

After reviewing them and looking at your honest statement, which I found refreshing, then they'll offer.  You could set a base line of what you expect and go from there.

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Reply by dmcker, Jul 24, 2017.

I hadn't mentioned but have had a number of '78 Lafites during the '80s and a couple in the '90s. It was one of those vintages where you drink when its there but once better ones appear you move on.

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Reply by DontknowJack, Jul 26, 2017.

I thank you for your opinions and time. I guess the search will continue.


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