1934 Niepoort Colheita

[Roy Hersh]

An acquaintance/friend of mine has a bottle of this Port in good condition. He wants to sell it, but saw what it is being offered for on Winesearcher and thinks a fair price is a couple of hundred less than the low price there. What say you all?

[Bradley Bogdan]

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[Eric Menchen]

I couldn't find it on winesearcher, but got this message:

The most recent global average price we have for Niepoort Colheita Port 1934 is $953 (February 2017).

That's crazy. I've paid a lot less for 1937 colheitas. Granted, they weren't Niepoort, but I think they were in the $300 range. Here's what cellar-tracker says for 1934 Niepoort Colheita:

Community Average Value: $483.24

[Glenn E.]

I couldn't find it on winesearcher, but got this message:

The most recent global average price we have for Niepoort Colheita Port 1934 is $953 (February 2017).

That's crazy. I've paid a lot less for 1937 colheitas. Granted, they weren't Niepoort, but I think they were in the $300 range. Here's what cellar-tracker says for 1934 Niepoort Colheita:

Community Average Value: $483.24

1937 Colheitas have gone up in price over the last 5-10 years, some significantly. While it is true that you used to be able to get them from a reputable internet retailer for around $300, these days $450+ is much more the norm. Winesearcher's "average price" is useless, as it's just their average of all prices they've seen. Including those "trophy" stores that have one bottle listed for $2000 more as advertising than in any real hope of selling it.

Niepoort has always been more expensive than other older Ports. My guess is due to its relative rarity. I think the CellarTracker price you quoted is probably pretty accurate, though it wouldn't surprise me to have to pay a little more to get a 1934. Perhaps a nice round $500?

[Jasper A.]

An acquaintance/friend of mine has a bottle of this Port in good condition. He wants to sell it, but saw what it is being offered for on Winesearcher and thinks a fair price is a couple of hundred less than the low price there. What say you all?

I have a pro account and the cheapest is €375,- I would say €300,- is a fair price.

[Andreas Platt]

My idea of a current "fair" price would be 375-400 bucks.

[Glenn E.]

My idea of a current "fair" price would be 375-400 bucks.

I have a pro account and the cheapest is €375,- I would say €300,- is a fair price.

All I can say is that if you can get a bottle for any of those prices from a reputable source, DO IT!

[Roy Hersh]

Thanks for all the feedback. I've passed this along to the owner of the bottle for him to see what you all think. Much appreciated!

[Glenn E.]

If he really thinks a couple hundred less than winesearcher's low price is fair, point him my way.