spectrum wine auction

Shipwrecked Madiera To Be Sold At Auction

From the depths of the ocean to your wine cellar. Spectrum Wine Auctions, Southern California's leading auction house of fine and rare wine, will hold its first sale of the fall 2010 auction season on September 24 including a bottle of shipwrecked Madeira wine dating to the 1800s. The bottle, which is estimated at $1200 was discovered off of the Savannah, Georgia coast by professional diver Bill Kinsey in the late 1970s. The lot comes from a collector who bought the only two bottles from the shipwreck in 1980 at The Heublein Premiere National Auction of Rare Wines XII. He tasted the first one on television and noted that it was fantastic and in perfect condition. The thick mud on the ocean floor protected the bottles from worms and water.

The sale will take place at 6 p.m. PDT at the Peninsula Hotel in Beverly Hills and Saturday, September 25 at 9:00 a.m. HKT at the Peninsula Hotel in Hong Kong. Other highlights from the sale include some of the greatest vintages from producers in Bordeaux, Burgundy and California including 37 lots of Harlan Cabernet Sauvignon, 47 lots of Screaming Eagle Cabernet Sauvignon and several verticals of Chateau Montelena in magnum, three-liter and five-liter bottles. The total pre-sale estimate for the 761 lots on offer is $3.2 million.

Tags: madeira, shipwrecked wine, spectrum wine auction, wine auction

Aubrey McClendon Puts His Big Bottles On The Block

by Deidre Woollard (RSS feed) —

Filed under: Wine, Auctions

Chesapeake Energy CEO Aubrey McClendon may have sold off wine at an auction earlier this year but he still has cases and cases to go. The Wealth Report draws our attention to the "The Aubrey McClendon Collection" sale scheduled for November 21 at The St. Regis Monarch Beach Resort in Dana Point, California. Spectrum Wine Auctions will be simulcasting the sale in Hong Kong, which appears to be where the big spenders on vintage wine are these days. The sale will feature more than 3,000 bottles and may bring in as much as $3 million.

The auction website includes a video interview of McClendon conducted by Mario Sculatti, director of sales and consignments for Spectrum Wine Auctions. McClendon has signed an Imperial of 1990 Lafite Rothschild that will be offered during the auction with commissions earned to be donated to charity on behalf of McClendon and Spectrum Wine Auctions.

McClendon's collection spans a range of the most collectible wines. Particularly prized are two bottles of 1945 Chateau Latour. McClendon also collected large format bottles. The auction offers several six-liter Imperials (the equivalent of eight standard bottles) including a 1982 Cheval Blanc in the original wood case, a 1989 Haut Brion and several vintages from Chateau Mouton Rothschild. McClendon's wine philosophy is simple: "Like anything in life, if you're going to enjoy something you really ought to try to enjoy, I think, the best of the particular pleasure that you're seeking, and so I would encourage people to go after the best wines."

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