09 Oct Report On Our September Rare and Fine Wine Auction
Our September auction has proven to be the best to date. We had many highlights in this auction but, for me, the greatest highlight was the cellars that many of these wines came from. I cannot stress enough the importance of good cellaring conditions for your fine wines. We endeavour to bring to you wines that have been suitable looked after before they arrive to us and do, and will continue to, turn down consignments where the wines have not been cellared in a correct fashion. If you are wanting any help with your cellar or cellaring conditions, please get in touch as we can help in either advice or putting you in touch with people who can help. We are currently negotiating with a racking company to be able to offer you fantastic racking solutions – watch this space.
As we mentioned there were many highlights in this auction with some fantastic wines. There were, as always, many great value wines as well as many rare and difficult to find wines. There was a lot in interest with in Bordeaux from both the Medoc and Sauternes. We had many First Growths from numerous vintages that created much interest as well as a couple of vintages Chateau d’Yquem that had some feverous bidding right up until the finish of the auction.
Other highlights that garnered a lot of interest was from the northern Rhone in the shape of Paul Jaboulet La Chapelle Hermitage 1990. This is a Robert Parker 100point wine and now in very short supply. The bottles we had came from an 11degree Celsius cellar (as did many wines in this auction) and were in fantastic condition.
Australia too had some great wines and there was much interest, as always, in Penfolds Grange Bin 95 but it was some of the other wines from the lucky country that we rarely see that were snapped up very quickly. Wines like the Clarendon Hills Astralis and Hickinbotham Syrah from McLaren Vale are rare in the secondary market in New Zealand will shortly be winging their way back to Australia as well the Jim Barry Armagh to buyers who see the value in participating in the auction scene in New Zealand for their local wines.
The Brunello’s from Siro Pacenti also had good interest. We look to bring you more of these wines in the next auction as they are a trade item and we have been offered a very good price to auction them.
Thank you to all our vendors and bidders. We look forward to bringing more fine and rare wines to you in our next auction will commence on Wednesday 17thOctober and run through to 7pm Monday 22ndOctober due to Labour Day.
Best wishes,
The Wine Auction Room.
A note about results:
Auction houses report their sales results in different ways. We choose to report the final hammer value of our lots so that you get a true sense of their worth in the current market. That is, the value of the successful bid only; we do not include fees. If you are looking at results across multiple auction houses, adding 20% to our reported results will typically provide you with a reasonable comparative.