Posts Tagged ‘expensive wine’

Buying Grange – Little Change

Posted by Martin Field on 13 May 2013 in Wine

Scene: Two politicians are dining in a flash restaurant.

Waiter: “And a red with main course sir?”

Host: “Yes. We’d like two glasses of the new Penfolds Grange 2008 please.”

Waiter: “I should warn sir that this is a very expensive wine.”

Host: “Like how much?”

Waiter: “Well, lemme see. A bottle would cost you one thousand five hundred and seventy dollars.”

Host: “Two teaspoons then.”

Waiter: “Umm. Take away one, carry the two. Yes that’ll cost you twenty two dollars.”

Host smiles and winks: “Don’t worry about the cost! Government credit card doncha know. In fact, make that two tablespoons.”

Waiter thinks: “Mmm, eighty four bucks!” Thinks again, “Hope they tip generously.” Exits via kitchen door, stage left.

Preposterous? No. The recently released Grange has a recommended retail price of $784.99*. Very few restaurants add less than a 100% mark-up to the retail price of wines so our pollies’ bottle will cost at least $1570, i.e. close enough to $2.10 per millilitre. (*Why do they use used car pricing techniques for prestige wine? Would it really deter any buyers if the price were rounded up to $785?) Read the rest of this entry

Dryish cruising

Posted by Martin Field on 19 May 2010 in Wine Travel

Water water everywhere…

In late March, early April, we sailed on the Legend of the Seas from Shanghai to the Japanese ports of Miyazaki, Kobe and Fukuoka and to the South Korean port of Busan, before returning to Shanghai.

The Legend’s restaurant wine list was typical of cruise lines – a fair range of wines with over the top prices. To give but one example, a bottle of Wolf Blass Yellow Label Merlot cost a whacking $46.50 (Australian dollars, including an obligatory 15% gratuity, at the then current ship exchange rate). This wine is easy to find in Australia for less than $10.00. Read the rest of this entry