An Ode to the Wine Barrel
26 December 2012 by Rich Moran, St. Helena Star
Pity the poor wine barrel. A beautiful oak barrel is the keeper of the
valley’s nectar one day; and, once used, too quickly sent to unknown
Used wine barrels are like nuclear waste — no one is really sure what to with them. New wine barrels cost a ton of money.
As any winemaker will tell you, a new barrel can be had for about the same price as a new BMW. When multiplied by the number of barrels required, you could buy a BMW dealership. Like that new BMW, wine barrels depreciate quickly once used. Fortunately, BMWs are not turned into planters and flower pots after a year or two.
The only thing that might depreciate faster than a wine barrel is a fancy wall calendar after Jan. 2 each year. Based on roadside signs all over the wine country, it looks like over the course of a few years, wine barrels go from $1,500 per barrel to somewhere between $20 and free. That is real depreciation.
It is a tale for the ages: When it comes to losing value, nothing compares to wine barrels. But how to retain any value in the barrels has been a dilemma for centuries.
Read more here
This article has been read 1265 times.
The article above is distributed under a Creative Commons Attribution-Noncommercial-Share Alike License You may copy, re-use or re-print any of this information as long as wine.co.za is quoted as source. Any statements made or opinions expressed are the legal responsibility of the AUTHOR, and do not necessarily reflect the views of WineNet (PTY) Ltd. or its sponsors. 22045