We just returned from Premier Napa Valley, the Napa Valley Vintners (NVV) non-profit trade association's annual wine futures auction, and the excitement was overwhelming. From new wines to vintage cases, there was much to bid on and bring back for our clients. The most overwhelming news: Premier Napa Valley made a record-breaking $3.1 million in just over three hours of fast bidding on 200 unique, one-of-a-kind wines.
This year, there were over 200 lots comprising of 1495 cases of wine. The average case price was $2,069 and the sold-out event included 1000 attendees (including yours truly at Destination Cellars) representing retailers, restaurants and distributors. The energy was on high all week, and we can't wait to share some of our lots with you!
Wines included everything from Cabernet Sauvignons, Red Wine blends, Cabernet Francs, Pinot Noirs, Merlots, Malbecs, Chardonnay, Sauvignon Blanc, Pinot Meunier and sparkling wines.
According to PNV, the top earning lots were: Dana Estates, Kapcsandy Family Winery, Ovid Napa Valley, Checkerboard Vineyards, Vine Hill Ranch, Joseph Phelps Vineyards, Amuse Bouche Winery, Duckhorn Vineyards, Silver Oak Cellars, Levy and McClellan and Shafer Vineyards.
Intrigued? Contact us to learn more about PNV and find out what we brought back!