10 Jul Report on July Live Auction – The Tale Of Two Cellars
The tale of two cellars has proven to be a story of keen interest to The Wine Auction Room buyers. We are delighted to report that 95% of Lots offered were sold to a record number of bidders both online and in the sale room. We offered a selection of Te Mata Coleraine across vintages from 1983 to 2014. As expected, the coveted Te Mata Coleraine 1998 achieved the highest price of all Coleraine on the night – $329 per bottle. We noticed a lot of interest prior to the auction for some of our other Kiwi wines on offer. The 2002 Esk Valley Terraces commanded $188 per bottle and The Antipodean from Matakana across a variety of vintages averaged over $100 per bottle.
1990 Armand Rousseau Chambertin Clos de Bèze Grand Cru, Cote de Nuits achieved the highest per bottle value in the auction of $2468. Our selection of wines from Bordeaux also provided some excitement in the sale room. Ports are making a comeback with more than 20 bottles selling on the night. The 1970 Quinta do Noval achieved $364. Finally the 1942 Janneau Armagnac achieved a handsome $1410 – outstanding value and we’re keen to hear how well it’s drinking.
Needless to say our two vendors of these fine cellars are over the moon with these results. As too are our buyers, one of which responded to our service as “Excellent as ever!”
The selection offered by both single vendors were wonderfully different to each other and both proved to be of great interest to our buyers….maybe this simply reinforces our feeling that what we all have in common is our love for wine.
As ever we are always looking for well cellared wines to sell and our track record holds us in good stead to achieve for our vendors the best value that the market offers. We are consigning now for our next online auction (consignment close July 17) and our next live/online auction (consignments close August 21).
In vino, veritas
The Wine Auction Room
Note: All prices are per bottle and includes the Buyer’s Premium (excludes GST)