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N.V. Leacock Fine Dry Sercial Madeira ('50s-'60s)?
Posted: Sat Mar 21, 2015 10:11 am
by John Trombley
N.V. Leacock Fine Dry Sercial Madeira apparently from about 1950s plus-minus. Any idea what this is or what it's worth? TIA.
Re: N.V. Leacock Fine Dry Sercial Madeira ('50s-'60s)?
Posted: Tue Mar 24, 2015 8:56 am
by Matt K
The bottle on WB?
I look at it like this. A vintage 1950-1960 Leacock Sercial is a $200-350 bottle on WS - call it ~275. A NV IMO is worth maybe 20% less so now we're at $220, it's an auction so I certainly want to pay less than this theoretical retail, at least 10%, hopefully 20%, so, using 15% off of the $220 you get $187, remove the 15% premium at WB and that's just about $160. Opening bid on that happens to be $165 so if I wanted it I'd bid the opening bid and then walk away unless I really wanted it and then the math/QPR considerations need to be adjusted. IMO that bottles opening bid is about right but the high estimate is more than I'd want to pay for a NV but it's an oddity so that may have appeal. It's been in the bottle for a LONG time - I have to wonder how old the wine was when bottled.
Not that it would help with value but if you post on the Blandy's FB page they're very responsive and it's Chris Blandy tending it as far as I can tell so they may be able to offer more information on the wine itself.