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ORIGINAL: KPB

I’m with the I’m in the jmcmchi “camp”, but in fact I have never purchased a bottle that was still in my cellar later and worth 10x what I paid, not once. Obviously, if I had simply held some wines I owned back in the 1985 period, many would have appreciated substantially by now, but because I drink my best wines at peak, in fact I didn’t hold any of those.

So my biggest price increases are perhaps more like 1.5x or 2x. And even those aren’t always smart prices, in the sense that sometimes you have a wine that turned out to be a dud, like the 1998 Bonneaux Cuvée Special (a bizarre Rhône red that came out like boiled Amarone). I owned that and tried it a few times, ultimately used up my three bottles. Awful swill, but Robert Parker kept promising that it would turn the corner, until suddenly he accepted that “something was wrong” with the wine. Yet his high scoring and the rarity of the wine caused the price to more than double by the end. I didn’t sell it, though. Too much hassle.

Those folks with the 10x increases? Very lucky people...