Number 2 —  March, 1993

 

So begins our (irregularly scheduled) Wine Syndicate Newsletter, with the first issue since our organization.  Here is where we’ll present information about our cellar, bank account, and upcoming auctions, purchases and events.  If any of you have items you’d like distributed, please pass them along and I’ll send them out with the next mailing.

Treasurer’s Report

First off, it’s quarterly dues time.  Please pop a check in the mail to me in the amount of $150 per couple.  I’ll need the funds to pay for any wines we purchase at the upcoming auction, and to bring our account up to a positive balance, so your early postmark would be appreciated.  Thanks.

Our current balance is:

Previous Balance

 

0

 Dues Received

 

 

750

 Expenses (Butterfield, January)

 

 

-1365

 Balance

 

 

-615

 

 

 

Auction News

This Saturday marks the second Butterfield auction for us to bid at.  I’ve attached a list of our bids, and will let you know in a couple weeks how we did.  Frankly, I don’t expect much at this auction.  The bulk of the wines are from a well known collector, Dr. Marvin C. Overton, and I expect there to be a lot of bidding competition.

My bidding focus is on completing an Haut Brion collection for a comprehensive tasting this summer.

Other Acquisitions

Regardless of the March auction outcome, I plan to purchase some recent vintages of Haut Brion from Zachy’s to round out our tasting.  The ’86, ’87, ’88 and ’89 will be among these acquisitions.  Incidentally, the ’89 Haut Brion, at $119, is being touted as the best wine of a very best vintage, and is expected to double in price soon.

Upcoming Events

When should we schedule our first tasting?  Let’s confer at the larger group’s March meeting, and set a date.  Perhaps at that time we can also get an update from Andy on the restaurant possibilities.

Cellar Update

The wines from the last auction have been moved into the cellar, but not yet tagged.  As always, their condition appears to be perfect.  An updated listing, sorted by area, producer and vintage, is attached.

Closing Remarks

The enclosed article is excerpted from the Wine Spectator.  I found it interesting in a world dominated by huge spirit conglomerates to see exactly who owns what.

We’ll see you March 20th at John and Debbie’s.