Local and international buyers snatch up top wines at 33rd Nedbank Cape Winemakers Guild Auction

Danie Steytler’s Kaapzicht Estate The Ultimate Vision 2015 fetched the highest price ever recorded of R16,600 for a six-bottle case, his last auction wine before he retires as a producing member of the Guild. The highest bid of R7,000 for a white wine went to Kevin Grant’s Ataraxia Under the Gavel Chardonnay 2016.

Congratulations to Danie Steytler on setting the new #CWGAuction record of R16,600/case at his final @CWGAuction today before he retires! pic.twitter.com/vreg7pDDJ5

— CapeWinemakersGuild (@CapeWinemakersG) September 30, 2017

Other top-selling red wines included Boekenhoutskloof Syrah Auction Reserve 2015 at R12,000. Leeu Passant Old Vines Cinsault 2015 at R10,400, with Beyerskloof CWG Traildust Pinotage 2015 and Kanonkop CWG Paul Sauer 2014 both on R9,000. Top-achieving white wines included The Love Boat White 2016 from Adi Badenhorst and Duncan Savage and the Paul Cluver The Wagon Trail Chardonnay 2016 both on R5,600, with Waterford Estate ‘1988 Kept Aside’ Chardonnay 2016 on R5,200. The highest price for the only Méthode Cap Classique on auction, Silverthorn Big Dog III 2012, was R5,200 for a case.

Ravi Nadasen & Miguel Chan of Tsogo Sun

Tsogo Sun takes pole position

The hospitality industry was well represented amongst the top buyers with Tsogo Sun taking pole position for the fourth consecutive year with total purchases of almost R1.7m, followed by Restaurant Mosaic, Grootbos, Singita and Signature Restaurant.

“The results of our 2017 auction, in light of the current economic climate, bode well for the South African wine industry as a whole and prove that there is still room for quality top tier wines that push the envelope in terms of innovation, creativity and diversity of styles,” says Miles Mossop, chairman of the Cape Winemakers Guild.

Generous support for the Guild’s Protégé Programme

Auction buyers showed great generosity again this year, supporting the charity auction in aid of the Guild’s Protégé Programme for the development of talented young winemakers and viticulturists through the Nedbank Cape Winemakers Guild Development Trust. This year’s charity item, 44 magnum 1.5-litre bottles of wine from all the Guild members who had a wine on auction, was purchased for R140,000 by Ed Zeeman of Morukuru Family. In addition, the silent auction raised R282,900 on the day.

79% of wine snatched up by local buyers

Auctioneer Henré Hablutzel of Hofmeyr Mills Auctioneers

The auction, conducted by Henré Hablutzel of Hofmeyr Mills Auctioneers for the 20th consecutive year, attracted a total of 142 buyers comprising 119 local and 23 foreign buyers. In total, 2,962 cases (6 x 750ml equivalent) were sold at an average price of R4,464 per case and an average price per bottle of R744.

The line-up of 61 wines included 42 red wines, 19 white wines and a Méthode Cap Classique.

The bulk of the wines, 79%, was snatched up by local buyers with 21% bought by foreign buyers. The countries represented included the United Kingdom, Denmark, Hong Kong, Netherlands, Belgium, Namibia, Germany, Luxembourg, USA, Dubai, France, Australia and the Czech Republic.