Napa Cabbage To the Tune of $1.87 Million
Cabernet sauvignons, which accounted for 129 of the 181 lots offered, dominated the Napa Valley Vintners' annual trade-only wine auction that pulled in $1.87 million.
Sixty-seven bidders bought 181 lots of wine, including five-case, 10-case and 20-case lots at the annual event, which raises funds to support the nonprofit group's efforts to promote and protect the Napa Valley, CA, brand. That represented a 10 percent jump in volume over the prior year, and overall nearly 1,200 cases were up for auction.
"This is our annual bake sale where we raise money for our association's programs," John Skupny, owner of St. Helena's Lang & Reed Wine Co. and co-chair of the event, told reporters.
More than 1,000 winemakers, restaurateurs, retailers and wine wholesalers attended the event, held at the Culinary Institute of America at Greystone. The top bidder was Gary Fisch, owner of Gary's Wine and Marketplace in New Jersey, who paid $220,500 for 16 lots totaling 115 cases.
Top lots sold included:
• Rombauer Vineyards ($85,000).
• Shafer Vineyards ($75,000).
• Silver Oak Cellars ($39,000).
• Paraduxx ($37,000).
• Beringer Vineyards ($35,000).
• Lewis Cellars ($32,000).
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Posted by William M. Dowd at 1:17 AM