Search Articles

Please Share

FacebookTwitterDiggDeliciousStumbleuponGoogle BookmarksRedditTechnoratiLinkedin

Subscribe to Blog via RSS

Enter your email address:

Delivered by FeedBurner

Sponsors

Search for Events

Sponsors

Most Read Articles

Napa Valley Premiere - Competitive Juices Yield Record Prices

On Saturday, February 22, 225 one-of-a-kind lots of meticulously produced Napa Valley wine were offered at auction to some of the world’s most passionate and well-moneyed wine sellers and restauranteurs. Four-and-a-half hours later the last gavel fell and a record $5.9 million had been realized, nearly doubling last year’s take which had been an all-time record itself.

2014pnv-6671
The gavel falls on the last lot at the 2014 Premiere Napa Valley Auction.
Photo Bob McClenahan.

The proceeds of Napa Valley Premiere go to support the efforts of the Napa Valley Vintners in promoting, preserving and improving that AVA, but there’s much more on the line. There is pride. There’s reputation. And, to some extent, there’s the promise of winery revenue. Stratospheric auction results aren’t an abstract number. They are to some degree a measure of the winery’s reputation, the star-power of the winemaker. Top results mean a press release and the opportunity to edge the price of all wines upward.

One particularly competitive winemaker stumbled toward me, crestfallen. “I’m a loser!” he said. This from a guy who was actually among the top sellers. But a handful of lots had gone for more than his best. Moments later when the 60-bottle lot of Scarecrow made by Celia Welch sold for a mind-blowing $260,000, he looked like he wanted to throw up. He was now “loser” by an order of magnitude.

For the most part though, Napa Valley Premiere was an “all smiles” event. Dozens of winery-hosted events earlier in the week had drawn trade buyers, top sommeliers and press to the valley. New releases, library wines and the auction cuvees were poured side-by-side. There were big dinners, quiet meetings, cocktail parties, dancing and more.

The after-lunch auction itself was preceded by a tasting of all the lots that morning in the historic barrel room of the Culinary Institute of America at Greystone. It’s the best meet-and-greet-and-taste that this country’s most important wine region offers with samples poured by the winemakers, proprietors or both for a crowd small enough to enable friendly conversation and detailed questions.

I didn’t taste every wine this time, opting instead for deeper conversations and very detailed notes on a select number of wines which I was reviewing for the St. Helena Star. Alder Yarrow did make it to nearly every barrel though, so keep an eye on Vinography for his commentary.

Of the wines I did taste, I found much to love. There was the savory complexity of the Mt. Brave and the dynamically fruited Ovid. Oakville Ranch offered yet another supple, stunningly gorgeous Cabernet Franc. Inglenook’s wine is showing heightened sophistication under estate manager Philippe Bascaules. New label Pulido-Walker debuted with a wine made by Thomas Brown that offered amazingly pure aromas of freshly crushed black currants. Another wine by Brown, for THE GRADE, offered mineral-laden scents and a beautifully creamy mouthfeel. Schramsberg refreshed and delighted with a late-disgorged sparkling wine from the 1993 vintage. I taste thousands of wines every year. Many of them are truly excellent. Nonetheless my pen was shocked to be writing scores such as 95, 96 and 97 with such frequency. 

Quick Stats for the 2014 Premiere Napa Valley Auction

Auction lots - 225
Total revenue - $5.9 million
Average bottle price - $283
Highest-selling debut offering - Pulido-Walker for $65,000

Top Ten Lots
$260,000 from The Wine House for 60 bottles of Scarecrow made by Celia Welch
$100,000 from Beverage Warehouse for 60 bottles of ZD Wines made by Brandon deLeuze and Chris Pisani
$100,000 from Zoes Restaurant for 60 bottles of Shafer made by Elias Fernandez
$100,000 from Bounty Hunter for 60 bottles of Schrader made by Thomas Brown
$90,000 from Wine Library for 240 bottles of Robert Mondavi Winery made by Genevieve Janssens
$90,000 from Wine Library for 240 bottles of Cakebread Cellars made by Julianne Laks
$85,000 from Wine Library for 120 bottles of Bevan Cellars & Chateau Boswell made by Russell Bevan
$80,000 from Cliffewood Wine Syndicate for 240 bottles of Reynolds Family, Constant and David Arthur made by Steve Reynolds
$80,000 from Imbibe Wine & Spirits for 60 bottles of VHR Vine Hill Ranch made by Francoise Peschon
$80,000 from Total Wine for 240 bottles of Silver Oak made by Daniel Baron

Top Five Bottle Prices
$4,333 for Scarecrow
$1,666 for ZD Wines
$1,666 for Shafer
$1,666 for Schrader
$1,333 for VHR Vine Hill Ranch

Most Represented Winemakers
Thomas Brown - eight wineries
Philippe Melka - seven wineries
Aaron Pott - four wineries

Top Grossing Winemakers
$340,000 - Celia Welch
$302,000 - Philippe Melka
$255,000 - Thomas Brown
$113.000 - Russell Bevan 

Top Buyers
Total Wine & More of Potomac, MD
Bounty Hunter of Napa, CA
Cliffewood Wine Syndicate of Little Rock, AR
Wine Library of Springfield, NJ
The Wine House of Los Angeles, CA
Gary’s Wine & Marketplace of Madison, NJ
Nakagawa Wine Company of Tokyo, Japan
Beverage Warehouse of Los Angeles, CA
Yakiniku Hiroshi of Honolulu, HI
Meritage Wine Market of Encinitas, CA
Zoes Restaurant of Virginia Beach, VA
HEB of San Antonio, TX.

Specifics on each wine can be found at http://premierenapawines.com/2014/

Download a Full List of 2014 Premiere Napa Valley Auction Wines & Realized Prices

Follow NorCalWine on Twitter for wine news, information on events and more, or friend me on Facebook. This article is original to NorCalWine.com. Copyright 2014. All rights reserved.

Comments   

hipnosis
#31 hipnosis 2014-10-18 09:39
Unquestionably believe that which you stated.
Your favorite reason seemed to be on the net the easiest thing
to be aware of. I say to you, I certainly get irked while people consider
worries that they just do not know about. You managed to hit
the nail upon the top as well as defined out the whole thing without having side
effect , people can take a signal. Will likely be back to
get more. Thanks
Quote
concierge health
#32 concierge health 2014-10-18 22:11
Hmm it seems like your website ate my first comment (it was extremely long) so I guess I'll just sum it
up what I submitted and say, I'm thoroughly enjoying your blog.
I as well am an aspiring blog writer but I'm still new to everything.
Do you have any helpful hints for first-time blog
writers? I'd genuinely appreciate it.
Quote
yelp.com
#33 yelp.com 2014-10-19 09:19
There's definately a great deal to know about this issue.
I love all of the points you have made.
Quote
office cubicle
#34 office cubicle 2014-10-19 13:30
And lastly, setting aside a specific place for work tells
everyone else in the house that you're working, which is the next tip.

A typical day for someone who works in different fields of law enforcement varies depending on the
career path you pursue. You may be able to have a scented candle in your space.
Quote
office cubicle
#35 office cubicle 2014-10-20 00:01
Since you will spend a larger part of the entire day in such a work place, personalizing the same won't hurt.
Not only will it be peaceful to look at, but it changes the energy of the space and helps filter out positive ions
emitted by your computer monitor. At Maispace, we also know
that, in the office cubicle systems, floor plan is everything.
Quote
office cubicle
#36 office cubicle 2014-10-20 18:49
No wonder then that office furniture manufacturers
and companies in the UK, USA, Australia, Japan, the Middle East and
in other countries are setting so much store to office
furniture design. Flo dreamed of quiting the corporate rat
race and branching out on her own but she wasn’t sure what she should be doing.
At Maispace, we also know that, in the office cubicle systems,
floor plan is everything.
Quote
totally free porn
#37 totally free porn 2014-10-21 10:33
Free Mobile Porn has all the free porn videos you will
ever need. very day 'f thei lives, 'ften -n a 'elf imposed 'tate.
If you want your lesbian adult to incorporate far more range within age ranges and
body kinds as well as some history cases, you could be disappointed below.
Quote
Street Snapbacks
#38 Street Snapbacks 2014-10-23 00:02
Hello my loved one! I want to say that this article is awesome, great written and include approximately all
significant infos. I'd like to peer more posts like this .
Quote
generic cialis
#39 generic cialis 2014-10-23 17:06
What's up, I read your blogs daily. Your writing style is awesome, keep up the good
work!

Here is my web site - generic cialis online
Quote
millionaire money
#40 millionaire money 2014-10-29 01:44
This post will help the internet visitors for creating nnew wwebpage or
even a weblog from start to end.

My website :: millionaire money machine
Quote
martese alto da lapa
#41 martese alto da lapa 2014-11-05 01:28
This is a topic that's close to my heart... Cheers!
Exactly where are your contact details though?


Feel free to visit my homepage; martese alto da lapa
Quote
free game hacks for
#42 free game hacks for 2014-11-06 04:09
Pretty! This was an incredibly wonderful article.
Thanks for supplying this information.

Take a look at my website - free game hacks for
the croods
Quote
fun Office cool
#43 fun Office cool 2014-11-07 16:11
Established in 1993, MAi - SPACE has approximately 250 employees worldwide, and a North American instaloled base of more than $150 million. Why have you been the lucky one chosen by the
Invader. This is understandable beccause traditional cubicles were plain, cramped areas with little or no privacy.
Quote
Martese Alto da Lapa
#44 Martese Alto da Lapa 2014-11-12 11:13
Vila Leopoldina Martese
Apartamento na Zona Oeste

Howdy just wanted to give you a quick heads up and let you
know a few of the pictures aren't loading properly.
I'm not sure why but I think its a linking issue. I've tried it in two different internet browsers and both show the same results.


Here is my blog - Martese
Alto da Lapa
Quote
ve may bay
#45 ve may bay 2014-11-13 00:25
Woah! I'm really digging the template/theme of this site.
It's simple, yet effective. A lot of times it's difficult to get
that "perfect balance" between user friendliness and visual appeal.
I must say that you've done a amazing job with this.
Also, the blog loads very quick for me on Chrome. Exceptional Blog!
Quote

Add comment


Security code
Refresh