Spirited bidding at Hawke’s Bay Wine Auction
The 26th Annual Hawke’s Bay Wine Auction raised a record NZD $202,000 for the Cranford Hospice, thanks to the generosity and enthusiasm of 640 wine enthusiasts from across the country.
44 lots were mostly donated by 42 wineries that dug deep to support a very worthy cause. Top lot was a holiday for 12 people at The Reef House in Vanuatu together with four dozen bottles of wine which fetched NZD $14,300.
For lots that only offered wine, a comparison of average bottle prices revealed a few bargains as well as some very generous bids.
A dual lot of Mission Estate Cabernet Sauvignon and “Natural” gewürztraminer fetched just NZD $13.33 a bottle for a 300 bottle package, which seemed a bit of a bargain to me. Possibly an even better buy was a 225-litre barrel of blended red wine from the Bridge Pa Triangle, with an average bottle price of NZD $17.33 made me wish I’d waved my paddle. An affordable high-quality chardonnay from Coopers Creek went for just NZD $22.67 average price per bottle for the 150-bottle lot.
By my calculation, the most expensive price paid based on average bottle price was NZD $2,800 for a six-bottle vertical of The Patriarch from 2006 to 2011. That’s an average price of NZD $467, narrowly ahead of a Jeroboam of 2016 Lime Rock Pinot Noir which equated to NZD $450 per bottle.
Large formats attracted frenzied bidding. Six magnums of Bilancia Vino Novello Nebbiolo 2017 sold for NZD $2,800 or a per bottle price of NZD $233, while three five-litre bottles of de la Terre reds went for NZD $4,000 which equates to NZD $200 for an equivalent standard bottle.