Nedbank Cape Winemakers Guild Auction 2011 results

October 1, 2011
by Christian
in News
with 0 Comments

Sales at the 27th Nedbank Cape Winemakers Guild auction held at Spier in Stellenbosch today amounted to R5 286 700, turnover up by R1.4 million from 2010.

The auction attracted 122 buyers this year including 19 offshore with a total of 2 955 cases sold at an average price of R1 789 per case equivalent of 6 x 750ml bottles (versus 2 298 cases at an average price of R1 683 per case in 2010). The lineup of 56 wines included 38 red wines, 13 white wines, two Méthode Cap Classique, a dessert wine, a port and a potstill brandy.

Alan Pick of The Butcher Shop and Grill triumphed for the 10th consecutive year as the biggest spender at R1.3 million. The bulk of the wines, over 70%, was bought by local buyers although a record R1.5 million was spent by international bidders headed by the United Kingdom with R586 400 this year.

The highest price per case, a new Auction record of R6 000, was paid by a Belgian buyer for the Boekenhoutskloof Syrah Auction Reserve 2009. Average price per case for this wine was R5 066, while other top selling wines included Kanonkop CWG Pinotage 2009 with an average price per case of R3 843, Hartenberg Estate Auction Shiraz 2009 selling at R3 264, Kanonkop CWG Paul Sauer 2008 at R3 237, Bouchard Finlayson Pinot Noir 2009 at R3 212, Neil Ellis Rodanos 2007 at R3 125 and the Saronsberg Die Erf Grenache 2010 averaging at R2 677.

Amongst the white wines, top selling wines were the Jordan Chardonnay Auction Reserve 2010 with an average price per case of R2 285, Paul Cluver The Wagon Trail Chardonnay 2009 at R2 100, and Cape Point Vineyards Barrel Fermented Sauvignon Blanc 2010 at R1 822.

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