Head online for the CWG auction and help winemakers fill those barrels

Funds raised from the separate Vinotheque Auction will be placed in trust to help producers stay afloat

22 September 2020 - 19:09 By Michael Fridjhon

The Year of the Plague has not been kind to conventional wine auctions. Most of the major international sales went virtual, some successfully. In August, Christie’s New York offered the cellar of a famous collector, completing the $2.3m (about R38,3m) sale entirely online and showing a 200% improvement on the top presale estimates. Other houses have evolved a kind of hybrid format. Strauss & Company’s wine sale a few months back did surprisingly well.

The important national wine auctions are normally concentrated around this time of the year. Covid-19 has ensured only one will take place in 2020 — the Nedbank Cape Winemakers Guild (CWG) selection of its specially assembled bottlings. London auction house Bonhams will be conducting it, in an online format, which includes live bidding and commission bids. The main sale takes place on October 3, at midday London time...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

X