Mystery Wine Bottle #3


Item Number: 190

Time Left: CLOSED

Value: $40

Online Close: Oct 29, 2021 2:00 PM EDT

Bid History: 4 bids - Item Sold!

Description

You are bidding on one of twelve different mystery bottles of wine. There are nine red and three white “mystery wines” in the auction. These wines were hand-selected by the Canadian Restaurant Association and LCBO head sommeliers to be very high quality within its price range, and in most cases to be single-release vintages. The bottles were randomly sorted and numbered from 1 to 12. For those who feel lucky, the maximum price within the group of 12 is $89.95 - bid high because this one just might be the biggie! For those interested in calculating an optimized Black-Scholes bid - the average price of the bottles is $38.20, the median price is $30.45, the standard deviation of the prices is $22.03 and the lowest price is $19.95. Good luck!