It was a recipe for lower prices. Yet this year s average bottle price of $227 was the highest in several years: below the peak of $286 reached in 2015, but a step up on the $215 average raised in mid-February 2020 when the pandemic wasn t yet on anyone s minds.
Moreover, while 140 of the 149 lots were sold domestically, the two most expensive lots, and three of the top six, were bought by UK merchants. We were blown away. It was just such an incredible day, said Teresa Wall, Napa Valley Vintners senior director of marketing communications.
Also, that $227 is an average wholesale price. The 11,760 bottles of wine auctioned off Saturday will have bigger price tags when they are released to the general public.
Napa Valley s Oldest Winery Donated 30 Bottles of Library Vintage Selection Cabernet Sauvignon February 25, 2021
Charles Krug Winery is excited to announce that its recent lot of library wines raised $10,000 in the Premiere Napa Valley Auction. On February 20th, Charles Krug joined a list of nearly 100 exclusive library wine lots up for virtual auction, replacing the traditional Premiere Napa Valley event that has taken place in February for the previous 40 years.
The Charles lot featured six decades of Vintage Selection Cabernet Sauvignon from the winery, an iconic label from the region. First made in 1944 by Peter and Robert Mondavi at Charles Krug, the Vintage Selection Cabernet has since represented the finest grapes from the extensive vineyard holdings of the Mondavi family. The following bottles were included in the lot:
Bidding Now Open on Rare Wines Offered in Napa Valley Library Wine Auction
2/11/2021 -
Saint Helena, CA – The Napa Valley Library Wine Auction opened today to a flurry of bidding from wine connoisseurs around the globe. The stunning collection of nearly 100 exclusive library wine lots was curated by the Napa Valley Vintners for its inaugural Direct from the Cellar: Napa Valley Library Wine Auction. Taking place February 11-20, the auction showcases Napa Valley’s excellence in winemaking.
“Buyers will be thrilled to find six decades of Napa Valley’s excellence in winemaking up for auction. Those who enjoy Napa Valley wines can experience first-hand the age-worthiness and quality that Napa Valley stands for through the incredible lots on offer,” said Stacey Dolan Capitani, VP of Marketing, Napa Valley Vintners.