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Q: Wine value and peak year ( No Answer,   2 Comments )
Question  
Subject: Wine value and peak year
Category: Miscellaneous
Asked by: dragon1971-ga
List Price: $10.00
Posted: 02 Jul 2006 12:22 PDT
Expires: 01 Aug 2006 12:22 PDT
Question ID: 742825
I have a bottle of wine with labelling that says Vendemmia 1971 Vino
Barolo (riserva speciale) Poderi Aldo Conterno   (Monforte d'Alba,
Piemonte, Italia)

Question:  How much is it worth and when does it peak?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Wine value and peak year
From: myoarin-ga on 02 Jul 2006 15:09 PDT
 
Vendemmia means vintage.  Riserva speciale means that the wine was
probably aged 6 years before bottling.
http://www.epicurious.com/drinking/wine_dictionary/entry?id=7751

1971 is considered to have been a great vintage:
http://www.winereviewonline.com/barolo_barbaresco.cfm

The descriptions of the wines on this site suggests much them same,
the last one mentioned being a 1971 vintage.  An earlier vintage was
considered past its prime, but that does not have to mean that a
finely made wine that has been properly kept over the decades is also
past its prime, but even great wines don't keep forever.
http://www.cellartracker.com/event.asp?iEvent=1182

Here is a site with a description of a similar 1971 wine.  Something
is definitely lost in the automatic translation, but it seems quite
complementary:
http://translate.google.com/translate?hl=en&sl=it&u=http://www.acquabuona.it/dettagli/annosei/granbussia.shtml

Scroll down on this site for a description of Poderi Aldo Conterno:
http://www.cigaraficionado.com/Cigar/CA_Features/CA_Feature_Basic_Template/0,2344,686,00.html

And here is the vinyard's website:
http://www.poderialdoconterno.com/gb/i_vini.htm
    You can click on the bottles for descriptions of current production details.

This auction site (from when?) may give you some idea of prices for older wines:
http://www.gagliardo.it/asta/testi/lista.html
     Note:  the lots are for differing numbers of bottles.  The first
amount is the opening price and the second, the one sold for.

It seems that you have a bottle of very fine wine, but even if you
know that it has been properly stored over the years, there is no
guaranty that it is still as good as its name  - or as good as it once
was.
There are wine auctioneers that will sell your bottle, no doubt, but
you should not expect to receive a remarkable price for it (also minus
expenses).

Personally, I would drink it now on an appropriate occasion with
appreciative friends, having something else ready in case it turns out
to be disappointing.
To really appreciate it (hoping it will be great), one should serve a
similar, lesser/younger wine first, thus allowing one to recognize the
difference.

An experienced wine salesman recommended to me to decant a very old
red wine and serve it within an hour or two.  Longer exposure to the
air could let it oxidize past its present optimum.

Good luck!
Subject: Re: Wine value and peak year
From: joshooah-ga on 06 Jul 2006 13:36 PDT
 
Check wine-searcher.com and nominate your location and currency.

A quick check in the UK shows up a price of £112 per bottle with Fine
and Rare Wines. This price has plenty of add-ons not included so plus
17.5 VAT, shipping and god knows what else, you might well have
something valued at £150+.

The merchant I work for sells Aldo Conterno's barolo's. They are our
solid, trusted favourite, they are wines to live for 30+ years.

Drink it enjoy it, but find out what it is worth so you can enjoy it
and spoil yourself all the more.

Josh

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