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Sonoma Wine Country Weekend Bring Endless Summer To Sonoma

Filed under: Wine, Auctions

This weekend brings wine and food fans to Sonoma for the Sonoma Wine Country Weekend running September 3-5, 2010. The centerpiece of the weekend is the famous Sonoma Valley Wine Auction on September 5 at Cline Cellars which features a variety of tempting auction lots. Some of this year's lots include the Francis Ford Coppola Live Lot which offers trips to Italy and Belize, a Coppola film library and signed wine bottles; the St. Francis Vineyard and Winery - Sex and the City package which offers a private dinner with an unnamed "Sex and the City" star at St. Francis Winery & Vineyards, a stay in San Francisco and five cases and four magnums of St. Francis wine; chef camp with tutorials from top Sonoma chefs; as well as plenty of wine lots including "Magnum Force" a collection of prized magnums from Sonoma County vintners.

This year's auction has a California beach party theme with the tagline "Endless Sonoma." In the spirit of the theme the growers and vintners will introduce the lots wearing surfer-style costumes. Hubert Keller of Fleur de Lys in San Francisco and winner of "Top Chef Masters" will team up with Kendall-Jackson executive chef Justin Wangler to present the first course of the auction's meal (an oxtail, fingerling potato and truffle 'cappuccino,') and other regional chefs will prepare the rest of the menu. The menu will include Sonoma-sourced specialties like curried Gravenstein apple miniature grilled cheese sandwiches; eggplant caponata; steak Florentine; pomegranate and herb grill lamb loin; artisan cheeses, breads and more.

A partnership between Sonoma Valley Vintners & Growers Foundation and Sonoma County Vintners, Sonoma Wine Country Weekend is the area's largest wine and food fundraiser, having jointly donated more than $10 million to local charities that support students, children, farm workers and people in need. Friday winemakers lunches are $85 a person, Friday specialty dinners are $175 and Friday winemaker dinners are $160. On Saturday, the Taste of Sonoma event is $150, the Grand Reserve tasting is $195, the Honorary Chair Dinner: St. Francis Winery is $175 and the Saturday winemaker dinners are $160 each. Tickets for the Sunday auction are $500, half of that is tax deductible.

[via PressDemocrat.com]

Naples Wine Auction Numbers Back Up

Filed under: Wine, Auctions, Charity, Big Givers

Last year the results of the Naples Winter Wine Festival in Florida showed an economy where even the wealthiest patrons were slow to open their wallets. The results of this year's auction are a little more uplifting. The Naples News reports that the Naples Winter Wine Festival at The Ritz-Carlton Golf Resort at Tiburon in North Naples raised a preliminary total of $8.06 million for children's charities in Collier County. That's around $3 million more than last year's total and the overall mood appears to have been far brighter with reports of an energetic room and even a few bidding wars. It's not as high as the previous years when $14 and nearly $16 million results were seen but it is a step in the right direction.

Many lots sold for over six figures including a four-day trip to Manhattan for two couples with the best seats in the best restaurants, Yankee Stadium and live tapings of television shows which went for $170,000. A 14-night voyage aboard The World for two couples sold for $160,000. Two couples will be hosted by jewelry company Chopard at the Cannes Film festival in a lot that sold for $160,000. A ten-day South African odyssey for two couples through the country's premier wine regions and landscapes sold for $340,000. One woman paid $130,000 for a lot that is topped by a dinner with Robert Redford. A lot that featured a Michael Kors makeover and a trip to the Project Runway finale fetched $150,000.

And of course there were many large wine auction lots including a 2003 Chateau Lynch-Bages presented in a rare double magnum and two nights for two couples at Cordeillan-Bages in Pauillac, France that sold for $170,000. A lot of 30 wines from Burgundy sold for $100,000. And someone really likes the monster bottles, a lot that included four mammoth 9-liter Salmanazars, one each of 2005 Chateau Haut-Brion, 2005 Chateau La Mission Haut-Brion and two 9-liter bottles of the 2009 vintage sold for $150,000.

Wine Auctions Ripe for Buyers

Filed under: Wine, Auctions

wine bottlesOne client is putting up a third of the take at the Christie's wine auction this weekend. A total of 613 lots are available, with one party accounting for than 200 of them. This seller is described only as a "wealthy New York family" (duh). For collectors, according to the auction house's spin, this is a great time to buy. Prices are falling, which means that there are plenty of bargains out there.

Apparently, there's some wisdom to this perspective. At the Sotheby's auction last weekend, bidders dropped more than $2.9 million on vino, thrashing a pre-auction estimate of only $1.8 million to $2.6 million. New buyers are coming into the market. At the Sotheby's auction, more than 20 percent of the bidders were new. Two weeks before that, Hart Davis Hart, of Chicago, moved nearly $2.7 million of liquid bliss, beating its presale mark of $2.4 million.

In a Reuters interview, wine consultant Judy Beardsall likens wine collecting and investing to gardening, "At a time like this, it's a chance to turn over the soil in the garden, put down some stock for the next generation."

But, if you aren't interested in waiting, all the wines put up for auction are fit for consumption ... for a price.

Tips For Bidding At Wine Auctions

Filed under: Wine, Auctions

Just in time for Edward Roberts International's latest fine wine auction March 4, the Chicago Tribune covers what to do at a wine auction. As they point out, certain wines are always demand because of the region, the vintage or the amount that remains. Wine auctions are a chance for collectors to get their hands on that rare bottle they have been looking for. Both Edward Roberts International and Hart-Davis-Hart wine says that the online bidding has become an increasingly large part of their auction business. The one negative to online bidding is that you don't get to sample at the pre-auction tasting. The Tribune article recommends checking the fill level of the wine you want to bid on because an unusually low level of liquid in the bottleneck could indicate oxidation. And of course the same rules that apply for any auction work here. Do your research first, know what you want to bid on and how much you are willing to pay.

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