JohnNezlek
Posts: 1191
Joined: 12/14/2006
From: Gloucester. VA
Status: offline
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Dear MB,
In the past (early 2000s), I bought bdx futures. Then, it was the case that futures cost less than the wine would cost upon release. In some cases, the difference was meaningful, 20% or more. Moreover, you could specify non-standard bottle sizes for not much more than the "base price" for a 750ml. Usually, you had to buy a full case of whatever wine you wanted, maybe a half-case.
Downside: You paid upfront, and someone held your money for 2-3 years. Moreover, this "someone" needed to be reliable, i.e., not go under between payment and delivery. Google Premier Cru for a seemingly reputable merchant who burned a bunch of people. I hope Fox established some new intimate relationships while in prison. Noting this, there are numerous reputable merchants who still offer futures.
Regardless, for me, the blush is off the rose for bdx futures, primarily because it seems to me that the differences between the "en primeur" price and the price at release are no longer worth the trouble. I could be mistaken.
I hope this has been helpful.
Best of luck with all of this.
John
_____________________________
Too many wines, too little time.
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