Kanonkop sets red wine record at Stellenbosch auction

1st October 2018 by Rachel England
Posted in: Auction results
Tagged: South Africa Stellenbosch Kanonkop record Nedbank Cape auction sale
Kanonkop sets red wine record at Stellenbosch auction

The 34th Nedbank Cape Winemakers Guild Auction, held in Stellenbosch over the weekend, made R 10.5 million (£576,650) and set a new record for red wine.

The first lot, a six-bottle case of Kanonkop’s 2015 ‘Paul Sauer’, set a new record when it sold for R 22,500 (£1,222). The wine was awarded 100 points by Tim Atkin earlier in the summer.

Other top red lots included Boekenhoutskloof Syrah Auction Reserve 2016, Rijk’s Pinotage 2015, Rust en Vrede Auction Estate 2015, Newton Johnson Family Vineyards Windansea Pinot Noir 2017 and Hartenberg Auction Shiraz 2015.

There was also strong bidding for whites, with top sellers including Mullineux’s ‘The Gris’ Semillon Old Vines 2017, Ataraxia Under the Gavel Chardonnay 2017, Paul Cluver The Wagon Trail Chardonnay 2017 and Jordan Chardonnay 2017.

Boela Gerber, Chairman of the Cape Winemakers Guild, said: “We are very happy with the results of the 2018 auction. The strict selection process by our members and our focus on smaller volumes of premium quality wines certainly paid off when considering the increased average price per bottle. Overall the auction offered exceptional value across the board which was good news for the large contingent of private buyers.”

Related link:

https://www.thedrinksbusiness.com/2018/10/kanonkop-sets-new-record-at-cape-winemakers-guild-auction/

 

Posted in: Auction results
Tagged: South Africa Stellenbosch Kanonkop record Nedbank Cape auction sale