Potential massive change in US secondary wine market
 

When I heard the vinfolio idea, I thought "too bad CT isn't part of
this." A day later, whoa. This might sound like it's not that
different from winebid/commune ideas, but the fact one can just put a
price on a wine that one is wlling to sell without actively seeking to
sell makes a huge difference. And on buying end, should greatly
increase ease of finding particular bottles of older less traded
stuff.

http://www.vinfolio.com/press-releas...larTracker.jsp

Potential massive change in US secondary wine market
 

DaleW wrote:
> When I heard the vinfolio idea, I thought "too bad CT isn't part of
> this." A day later, whoa. This might sound like it's not that
> different from winebid/commune ideas, but the fact one can just put a
> price on a wine that one is wlling to sell without actively seeking to
> sell makes a huge difference. And on buying end, should greatly
> increase ease of finding particular bottles of older less traded
> stuff.
>
> http://www.vinfolio.com/press-releas...larTracker.jsp

Thanks for this link, Dale. I wonder how massive this change in the
secondary market will be in the end. It definitely will be a hit to
Winebid's business, I predict, but the lack of provenance in (some
percentage of) these sales will keep me away from participating. Where
it might have the greatest value is in promoting swaps between
individuals known to one another, much as "Commerce Corner"
functions(ed) on eBob. We'll see, though.

Mark Lipton

--
alt.food.wine FAQ: http://winefaq.cwdjr.net

Potential massive change in US secondary wine market
 

On May 21, 4:58*pm, Mark Lipton > wrote:
> DaleW wrote:
> > When I heard the vinfolio idea, I thought "too bad CT isn't part of
> > this." A day later, whoa. This might sound like it's not that
> > different from winebid/commune ideas, but the fact one can just put a
> > price on a wine that one is wlling to sell without actively seeking to
> > sell makes a huge difference. And on buying end, should greatly
> > increase ease of finding particular bottles of older less traded
> > stuff.
>
> >http://www.vinfolio.com/press-releas...larTracker.jsp
>
> Thanks for this link, Dale. *I wonder how massive this change in the
> secondary market will be in the end. *It definitely will be a hit to
> Winebid's business, I predict, but the lack of provenance in (some
> percentage of) these sales will keep me away from participating. *Where
> it might have the greatest value is in promoting swaps between
> individuals known to one another, much as "Commerce Corner"
> functions(ed) on eBob. *We'll see, though.
>
> Mark Lipton
>
> --
> alt.food.wine FAQ: *http://winefaq.cwdjr.net

I mean massive because it should/could mean a great number of wines
being on market- CT has 80K users w/12 million bottles. Vinfolio has
nowhere as many users, but includes lots of giant collectors (like the
cellar I visited with 17K bottles, all of them serious collectible
wines). Even if 5% of users in both put 30% of their wine as
available, a lot of wine on market.
If one went to a '79 horizontal and came away impressed with du Tertre
and DDC, no one shows on Winesearcher Pro at retail. But 20 of one and
33 of other are on CT. So you might be able to locate.
Meanwhile, I'm too lazy to actually go to effort to sell some wines
I'd really just as soon never bought, but if all I had to do is put a
price tag on it, I'd take it a firm offer.
Vinfolio's inspection process is the same as HDH and other auction
houses (actually VF is primarily used by the most well-heeled
fanatics, so if anything stricter, they have sterling rep).