2008 Menghai 7542
Someone just bought 9 2008 801 Menghai 7542 cakes from Scott at $62 a cake. Does that seem high for a 5 year old Menghai or am I out of the loop on pricing?
Re: 2008 Menghai 7542
Have you bought from this vendor? What is your impression?shah82 wrote:Dayi is not a bargain.
But try this!
http://farwenwapuer.wordpress.com/home/ ... -tuo-250g/
Re: 2008 Menghai 7542
I have not bought from this vender. It's a long time hobbyist, like Teaism, sorta, selling off his excess. People have tended to be happy with his tea.
Re: 2008 Menghai 7542
*This* is what's the expensive stuff these days are:
http://item.taobao.com/item.htm?spm=a23 ... 5394477190
Newly launched hyperpremium product.
http://item.taobao.com/item.htm?spm=a23 ... 5394477190
Newly launched hyperpremium product.
Re: 2008 Menghai 7542
I saw a new Wangong "600 years old trees" diancha cake a couple of days ago for about the same. Wangong, not LBZ or secret super millenium tree. I wish I had begun hoarding much earlier. It used to be ridiculous, now this is getting terrifying...shah82 wrote:*This* is what's the expensive stuff these days are:
http://item.taobao.com/item.htm?spm=a23 ... 5394477190
Newly launched hyperpremium product.
Re: 2008 Menghai 7542
Plenty of reasonably priced, good tasting teas to be had. Greed has entered the equation with many sellers. Chinese buyers love to impress their friends. How big a face does one need?puyuan wrote:I saw a new Wangong "600 years old trees" diancha cake a couple of days ago for about the same. Wangong, not LBZ or secret super millenium tree. I wish I had begun hoarding much earlier. It used to be ridiculous, now this is getting terrifying...shah82 wrote:*This* is what's the expensive stuff these days are:
http://item.taobao.com/item.htm?spm=a23 ... 5394477190
Newly launched hyperpremium product.
Re: 2008 Menghai 7542
Probably ain't no such thing as a 600 year Wangongzhai cake (Wangong village is way out in the back of beyond). And even if there was, real cakes go to officialdom, only.
These cakes are explicitly for the gullible and rich.
Another thing to keep in mind, when it comes right down to it, Lao Banzhang gushu is only capable of so many 400g cakes, and it's a large area, for old tea plantations. About 25000 cakes worth every spring (not including summer, fall) if they were pure (I think). Once you're talking about the smaller stands of gushu, and, well...
These cakes are explicitly for the gullible and rich.
Another thing to keep in mind, when it comes right down to it, Lao Banzhang gushu is only capable of so many 400g cakes, and it's a large area, for old tea plantations. About 25000 cakes worth every spring (not including summer, fall) if they were pure (I think). Once you're talking about the smaller stands of gushu, and, well...
Last edited by shah82 on Oct 31st, '13, 01:31, edited 1 time in total.
Re: 2008 Menghai 7542
I barely got mine in 2010-1, but didn't get around to getting lots of everyday drinking stuff...
The truly ridiculous thing is just how much money you have to spend to get anything like *real* new Yiwu etc, etc...Pretty much everything below $150 isn't really worth your pumidor space, just for refreshing drinking today like green tea.
The truly ridiculous thing is just how much money you have to spend to get anything like *real* new Yiwu etc, etc...Pretty much everything below $150 isn't really worth your pumidor space, just for refreshing drinking today like green tea.
Re: 2008 Menghai 7542
Yup. I placed my last puerh order a couple months ago and am going to wait as long as possible before buying more. My goal is to make it 4 years until I graduate college before buying more. Hopefully by then the tea I've bought over the past year will have matured some and the market will have worked itself out.shah82 wrote:Pretty much everything below $150 isn't really worth your pumidor space
Re: 2008 Menghai 7542
Haha... I guess 2009/2010 was my hoarding year. Apparently I should have hoarded bitcoins instead, though.
I think the general impression is that baseline Dayi prices have gone way up in the last few years.
You used to be able to find cakes of the current year for ~$12 (or less, depending on the specific recipe) from Western vendors. Now the current year for the same recipes are starting at ~$25+. So in a similar fashion, the prices on the older cakes are a lot higher.
I think the general impression is that baseline Dayi prices have gone way up in the last few years.
You used to be able to find cakes of the current year for ~$12 (or less, depending on the specific recipe) from Western vendors. Now the current year for the same recipes are starting at ~$25+. So in a similar fashion, the prices on the older cakes are a lot higher.
Oct 31st, '13, 07:25
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Re: 2008 Menghai 7542
I have bought from them. The tea has been storred quite nicely. I wish I had bought the 03 7542 when it was available?Tead Off wrote:Have you bought from this vendor? What is your impression?shah82 wrote:Dayi is not a bargain.
But try this!
http://farwenwapuer.wordpress.com/home/ ... -tuo-250g/
Re: 2008 Menghai 7542
I paid about $30 for mine, 6 years ago.gasninja wrote:I have bought from them. The tea has been storred quite nicely. I wish I had bought the 03 7542 when it was available?Tead Off wrote:Have you bought from this vendor? What is your impression?shah82 wrote:Dayi is not a bargain.
But try this!
http://farwenwapuer.wordpress.com/home/ ... -tuo-250g/
Re: 2008 Menghai 7542
Exempt wrote:Someone just bought 9 2008 801 Menghai 7542 cakes from Scott at $62 a cake. Does that seem high for a 5 year old Menghai or am I out of the loop on pricing?
7542 is a benchmark tea for world of pu erh. The price per cake of 7542 2008 (801) is 320 yuan now. The new 1301 7542 just released 1-2mths ago is price at about 240 yuan per cake. In future, the price of new 7542 will be keep increasing due to its history in pu erh and as a benchmark tea.
From my opinion, the price of 7542 2008 (801) will reach minimum of 1000 yuan ( or about US170-180) per cake by 2018.