Here's $1000 from Aunt Tilly.
#1
Posted 09 June 2003 - 02:26 PM
Figuring that it would cost a couple about $1000 (£600) to dine there, I asked Vedat if he would rather spend such a sum on a meal at Arpège or on a truly great bottle of wine. We both agreed that we would find it more interesting to spend the money to experience the art of the chef than that of the winemaker.
However, some of you may feel differently about it; so let's say that a family member gives you $1000, with a choice of spending it on a great meal (no special occasion involved) or on a great wine now ready to drink. Choose the meal, and you could dine at, say, a French three-star or at one of America's great restaurant's such as the French Laundry, Charlie Trotter's or Daniel, or a London gastronomic palace such as Gordon Ramsay Royal Hospital Road, Le Gavroche or Sketch. Or would you spend your gift on a Château Petrus or Lafite-Rothschild from a great vintage; a Montrachet from Comte Lafon, Domaine Ramonet or the Domaine de la Romanée-Conti; or a Romanée-Conti itself; or a Richebourg or Musigny from Madame Bize-Leroy?
Would you prefer to spend your gift on a fancy, possibly no-holds-barred dinner or would you prepare a meal well suited to a great wine and drink it at home?
#2
Posted 09 June 2003 - 02:33 PM
Perhaps I haven't had a $1000 bottle yet...
#3
Posted 09 June 2003 - 02:40 PM
Add wine, after dinner drinks, and a room for the night, and the thousand is gone.
I would trade a lot of wine to relive such experience.
#4
Posted 09 June 2003 - 03:09 PM
#5
Posted 09 June 2003 - 03:19 PM
#6
Posted 09 June 2003 - 03:41 PM
I suggest that our past record is a good indication of what we would do with the grand.
1000 should allow for a very fine with the meal anyway, although I prefer lesser, more anodyne, wine with the finest cooking.
The sour faced sommelier at Bras informed me that 'good food needs good wine'.
I don't agree. Good wine needs good food, but all good food needs is good company.
Thanks for the money, by the way. I will opt for no publicity.
#7
Posted 09 June 2003 - 03:42 PM
#8
Posted 09 June 2003 - 04:51 PM
#9
Posted 09 June 2003 - 05:51 PM
Sashimi with 1996 Krug
Sole Sully (see Wechsburg "Blue Trout and Black Truffles) 1997 Leflaive Chevalier Montrachet
Grilled Matsuzaka strip steaks with Cepes 1964 Musigny Comte de Vogue' (magnum)
Brie de Meaux Fermier
Raspberries with creme pistache
Cafe filtre'
#10
Posted 09 June 2003 - 07:20 PM
#11
Posted 09 June 2003 - 08:24 PM
Diminishing returns: with wine, in my experience, diminishing returns set in severely at approximately the $150-bottle level. Though it's hard to quantify these things, it certainly cannot be said that on average a $300 bottle is twice as good as a $150 bottle, or that a $600 bottle is twice as good as that, etc. In fact I bet if we were able to reduce it to numbers the $1000 bottle of wine would be something like 50% better than the $150 bottle.
Ability to appreciate: even the above assumes the person drinking the wine can discern the salient differences between the $150 bottle and the $1000 bottle in such a way as to appreciate those differences enough to make the uptick in price worthwhile. The ability to appreciate is tied in closely to experience. For most people, your first taste of a $1000-per-bottle wine will be wasted. These things don't show well out of context. If you're going to get into drinking $1000 bottles of wine, you should be in a position to drink enough of them to develop a rich appreciation of that level of product. This, in addition to being stupidly rich, is how one combats the diminishing returns issue.
When it comes to food, I think the diminishing returns falloff is not nearly as steep. The meal you get for $1000 will potentially be in its own league. Moreover, the top levels of dining can be appreciated -- if not fully then at least to a healthy extent -- by anybody who has a basic background in fine dining.
So for the average person I think the choice is pretty clear: the meal. Only a wine connoisseur of means (or someone who just doesn't like food) would be economically wise to choose the wine.
Co-founder, Society for Culinary Arts & Letters, sshaw@egstaff.org
Proud signatory to the eG Ethics code
Director, New Media Studies, International Culinary Center (take my food-blogging course)
#12
Posted 09 June 2003 - 08:54 PM
WorldTable
Recent WorldTable posts include: comments about reporting on Michelin stars in The NY Times, the NJ proposal to ban foie gras, Michael Ruhlman's comments in blogs about the NJ proposal and Bill Buford's New Yorker article on the Food Network.
My mailbox is full. You may contact me via worldtable.com.
#13
Posted 09 June 2003 - 09:04 PM
Co-founder, Society for Culinary Arts & Letters, sshaw@egstaff.org
Proud signatory to the eG Ethics code
Director, New Media Studies, International Culinary Center (take my food-blogging course)
#14
Posted 09 June 2003 - 09:32 PM
#15
Posted 09 June 2003 - 09:51 PM
#16
Posted 09 June 2003 - 10:02 PM
Booze Muse, Spiritual Advisor
Cheers!
Bartendrix,Intoxicologist, Beverage Consultant, Philadelphia, PA
Captain Liberty of the Good Varietals, Aphrodite of Alcohol
#17
Posted 09 June 2003 - 10:50 PM
#18
Posted 10 June 2003 - 02:57 AM
Steven's "diminishing returns" idea makes a lot of sense to me. Economists speak of "hedonic price functions" that describe consumers' willingness to pay for specific characteristics of a product. For example, a bottle of wine might be characterised by the rating of its winery (r1) , a rating of the vintage year (r2), and perhaps some ratings of the region (r3) and varietal (r4), plus a Robert Parker rating (r5). Then, says the theory, a consumer will pay a price P that is a function of these characteristics:
P = f(r1, r2, r3, r4, r5)
and we can use statistical methods with names like "hedonic regression" to estimate the price impact of a change in r1, r2, r3, r4, r5...for example, a one point uptick in the Parker rating is worth $...
Orley Aschenfelter, a Princeton economist, has done a lot of work specifically on wine ratings, and Robert and I hope to involve him in an eGullet roundtable at some point.
On the personal side, I have to say that my preferences are very situational. Other things equal, I would choose the meal, simply because it offers more dimensions of pleasure than a bottle of wine (service, ambience, multiple courses, etc.). But if I had an evening to discuss the state of the world with a good friend, especially one who loved good wine, I think I would choose the wine over the dinner.
"La cuisine, c'est quand les choses ont le go�t de ce qu'elles sont."
#19
Posted 10 June 2003 - 04:42 AM
#20
Posted 10 June 2003 - 05:36 AM
1982 GLORIA St. Julien RP:88 $95.00
1982 CALON SEGUR St. Estephe RP:92 $145.00
1982 Beychevelle St. Julien RP:91 $145.00
1982 La Lagune Haut-Medoc RP:92 $165.00
1982 LEOVILLE POYFERRÉ St. Julien RP:93+ $195.00
1982 FIGEAC St. Emilion RP:93 $245.00
1982 GRUAUD LAROSE St. Julien RP:96 $245.00
1982 TROTANOY Pomerol RP:97 $595.00
1982 LAFITE ROTHSCHILD Pauillac RP:100 $795.00
1982 MARGAUX Pauillac RP:98 $795.00
1982 CHEVAL BLANC St. Emilion RP:100 $845.00
RP indicates the Robert Parker scores. For me, 1982 Figeac is just fine. I don't need to spend $600 more to upgrade to Cheval Blanc.
Co-founder, Society for Culinary Arts & Letters, sshaw@egstaff.org
Proud signatory to the eG Ethics code
Director, New Media Studies, International Culinary Center (take my food-blogging course)
#21
Posted 10 June 2003 - 06:02 AM
Attached Files
"La cuisine, c'est quand les choses ont le go�t de ce qu'elles sont."
#22
Posted 10 June 2003 - 06:19 AM
I don't think the replies would be very different if the question were posed on a dedicated wine board. Food and wine are inseparable. Every wine lover can remember occasions when a moderately priced bottle gave greater pleasure than a super expensive cult wine. I once took part in a blind tasting of highly rated Australian shiraz wines. Several of the under $100 wines had more body and fruit and were therefore more enjoyable than the Grange. A great wine does not have to cost $1000. Restaurants are a different matter. The experience of eating at one of the world's restaurants is incomparable and unforgettable (even when it is disappointing) although it is sometimes sad to have to order a so-so wine because the wine one would really like to drink would triple the cost of the meal.It's also worth noting that, while we have a healthy Wine forum, we are overwhelmingly a food site. I wonder what kinds of answers we'd get if we asked this question on a dedicated wine board. I've found that there's a bigger gap between the food people and the wine people than is often assumed. Some people are both, but most are in one camp or the other (i.e., they view wine as subordinate to food or vice-versa).
#23
Posted 02 September 2003 - 01:52 AM
I was lucky to grow up with wine lovers/collectors as parents, and had the opportunity to taste many of the world's finest offerings. I still do so when I visit them, but simply can't afford expensive wine myself. I do think that using the $1000 on wine would be wasteful for someone without a strong wine background and exceptionally well developed palate. It takes a lot of training to really be able to appreciate the differences between this super premium class and other excellent wines enough to make the increased cost worthwhile.
I would use the money on a truly spectacular bottle, and bring it back home to drink with my parents, accompanied by a truly fabulous dinner cooked by yours truly. The meals I've shared with them while drinking amazing wine remain some of my most treasured memories, certainly more so than any meal I've eaten at a restaurant.
I do think that, were you to pose the question on a wine board, the answers would probably be stacked more on the wine side than the dinner out.
#24
Posted 03 September 2003 - 06:43 PM
But, I think the crucial question is "With whom would you share this $1000 dinner or $1000 wine?" Focusing only on the meal or wine is missing the point - my fondest memories of food and wine have been the company that made the food and wine memorable. Food AND wine are meant to be shared.
So, YES! Go for that meal or that wine. But tell us who you'd share it with!
#25
Posted 04 September 2003 - 12:19 PM
Word.Do I have to blow the whole wad on ONE bottle??? How about I go to my favorite wine store, spend the thousand on several mixed cases of wine, and enjoy preparing meals to go with those selections for some time to come.
Except I might blow it on one case of good wine, comprised of nice but un-astronomical Hermitages and Montrachets that I could not normally afford, but nothing Petrusian.
Alternatively, I would go out to eat somewhere with a good wine list.
Though I couldn't graph it, food has a similar curve of diminishing returns for me. I am more interested in quality than artistry, which I guess makes me petit bourgeousie.
#26
Posted 27 September 2003 - 09:44 AM
I think to pay $1000 for a wine that may be spoiled or just as good as a $100 - $200 bottle. I would take the $1000 and spend it on a meal, for I cook for a living so to go out and eat and let someone else cook is ideal!
A.L.B. Grimod de la Reyniere
'Almanach des gourmands'
#27
Posted 28 September 2003 - 07:53 PM










