2008 Menghai 7542


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2008 Menghai 7542

Postby Exempt » Oct 30th, '13, 22:40

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?
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Re: 2008 Menghai 7542

Postby shah82 » Oct 30th, '13, 23:57

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Re: 2008 Menghai 7542

Postby Tead Off » Oct 31st, '13, 00:03

shah82 wrote:Dayi is not a bargain.

But try this!

http://farwenwapuer.wordpress.com/home/ ... -tuo-250g/

Have you bought from this vendor? What is your impression?
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Re: 2008 Menghai 7542

Postby shah82 » Oct 31st, '13, 00:50

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.
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Re: 2008 Menghai 7542

Postby shah82 » Oct 31st, '13, 01:01

*This* is what's the expensive stuff these days are:

http://item.taobao.com/item.htm?spm=a23 ... 5394477190

Newly launched hyperpremium product.
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Re: 2008 Menghai 7542

Postby puyuan » Oct 31st, '13, 01:13

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.


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...
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Re: 2008 Menghai 7542

Postby Tead Off » Oct 31st, '13, 01:25

puyuan wrote:
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.


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...

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? :D
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Re: 2008 Menghai 7542

Postby shah82 » Oct 31st, '13, 01:26

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...
Last edited by shah82 on Oct 31st, '13, 01:31, edited 1 time in total.
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Re: 2008 Menghai 7542

Postby Exempt » Oct 31st, '13, 01:27

puyuan wrote: I wish I had begun hoarding much earlier
[/quote]
This
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Re: 2008 Menghai 7542

Postby shah82 » Oct 31st, '13, 01:30

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.
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Re: 2008 Menghai 7542

Postby Exempt » Oct 31st, '13, 01:35

shah82 wrote:Pretty much everything below $150 isn't really worth your pumidor space

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.
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Re: 2008 Menghai 7542

Postby Drax » Oct 31st, '13, 06:53

Haha... I guess 2009/2010 was my hoarding year. Apparently I should have hoarded bitcoins instead, though. :lol:

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.
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Re: 2008 Menghai 7542

Postby gasninja » Oct 31st, '13, 07:25

Tead Off wrote:
shah82 wrote:Dayi is not a bargain.

But try this!

http://farwenwapuer.wordpress.com/home/ ... -tuo-250g/

Have you bought from this vendor? What is your impression?


I have bought from them. The tea has been storred quite nicely. I wish I had bought the 03 7542 when it was available?
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Re: 2008 Menghai 7542

Postby Tead Off » Oct 31st, '13, 10:50

gasninja wrote:
Tead Off wrote:
shah82 wrote:Dayi is not a bargain.

But try this!

http://farwenwapuer.wordpress.com/home/ ... -tuo-250g/

Have you bought from this vendor? What is your impression?


I have bought from them. The tea has been storred quite nicely. I wish I had bought the 03 7542 when it was available?

I paid about $30 for mine, 6 years ago.
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Re: 2008 Menghai 7542

Postby chin » Nov 3rd, '13, 01:52

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.
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