10 Dec Post Auction Report On Summer Live Auction & Announcing Xmas Online Auction

With the continuing support from our lovely wine community, we had another successful auction last week: the Summer Live Auction followed by its Buy Now sale which concluded on Wednesday December 3.

The highest hammer price was achieved with the sale of 1990 Chateau Cheval Blanc which sold for $1880, while its 1982 vintage sold for $1292.50.

Bordeaux was once again the best-selling region, with several high-value lots, including iconic wines like 1986 Chateau Lafite Rothschild sold for $1410 followed by 1982 Chateau Mouton Rothschild at $1175 while 1986 Chateau Margaux sold for $940, contributing significantly to overall sales. The (12-bottle) 2002 Chateau Mouton Rothschild sold for $8742.

All of the multi-bottle lots of Kiwi Bordeaux blends offered solid sales, the (12-bottle) 2019 Stonyridge Vineyard Larose was notable for attracting multiple bidders, resulting in a total of 13 bids before selling at $2115, reflecting its popularity among participants. The (12-bottle) 2006 Te Mata Estate Coleraine sold for $1692. It’s worth to mention that, of all New Zealand wines, 2015 Destiny Bay Magna Praemia achieved the highest single bottle sale at $376.

Other highlights include, 1996 Penfolds Grange Bin 95 sold for $681.50, both 1996 Dom Perignon Vintage Brut and 2001 Chateau d’Yquem Demi scored $611, OWC of 2002 Dry River Pinot Noir Magnum achieved $423 and 1985 Graham’s Vintage Port Magnum scored $399.50.

Few buying recommendations:

1. • Invest in Bordeaux wines, particularly from established producers.
   • Explore New Zealand wines, especially those well established brands, which have long lasting popularity and are seen as good investment options due to their growing reputation.
   • Consider Australian Shiraz as a solid choice for both immediate enjoyment and potential appreciation, particularly from prestigious producers like Penfolds.
   • Monitor Burgundy and Champagne for future auctions, as limited availability can create significant demand, especially for back vintage offerings.

Overall, our Summer Live auction demonstrated robust interest in high-quality wines from prestigious regions, with Bordeaux leading the way in terms of value. New Zealand and Australia also showed strong bidding activity, suggesting a diversified interest in global wines among bidders. Buyers are encouraged to consider both established and emerging regions to maximize their collections and investments.

Our next auction is an online only auction that will run from 26^th December until 5^th January.