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1 Strandgaten
Arendal, Aust-Agder, 4836
Norway

+4740648083

Arendal Vintners AS (AV) is a merchant of fine wines and an agent representing foreign wine makers in the Norwegian market. For collectors AV advises in wine investment, and does valuations and guidance in acquisition and sales processes. In addition AV provides a wine list management service for selected restaurants and wine bars, thus securing a wider service whiteout violating their cash flows. AV Provenance provides storage according to HKQAA standards and does auditing of professional storage facilities. 

NEWS

The Arendal Vintners blog is about wine, wine areas, producers, markets, trade and related practicalities

 

5 Norwegian winterdays in a tent for a DRC at 3.900 Euros by Wine Monopoly in Norway.

C Litangen

It is time for the big annual event in Norway’s wine market. The public retail monopoly launches Bourgogne on 1st February. People are queuing up in the cold winter. Some put up their tents days before, as last year when the first settlers had five nights outside the wine-shop in  Aker Brygge in Oslo.

 Last year you had 250% profit on the Montrachet for 5 winterdays queueing outside the public retail monopoly in Norway.  Echezeaux was 350 per cent. 

Last year you had 250% profit on the Montrachet for 5 winterdays queueing outside the public retail monopoly in Norway.  Echezeaux was 350 per cent. 

The golden reward was a 2013 DRC for about Euros 3,900. On the Echezeaux you could make 350 per cent profit. Not strange that fathers were paying their sons to do the shopping and students announced their queuing services. You need real efforts for the possession of a Domaine de la Romanee-Conti, a Lafon, Leflaive or Rousseau, no matter if you talk savings or endurance.

They say it is the modest and limited margin of the retail monopoly that makes the bargain, but it is also a matter of ties between producer and distribution. In the case of these Bourgogne instances it seems well taken care of. This Norwegian launch must be as close as you ever get to an ex-cellar price from DRC? However, these price levels are not the normal ones. You really have to use hours in assessing the catalogue to find items that could go in your cellar for a reasonable price.

Still it happens, and you don’t need to tent outside the shop to get hold of it. In Arendal Vintners we do the assessment as a service for our collectors!