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Cape Winemakers Guild Auction sets new records
The 25th Nedbank Cape Winemakers Guild auction held in the Stellenbosch winelands, defied the recession with a record number of buyers who spent over R5.2 million rand on the 2009 lineup of wines made exclusively for the auction by members of the Guild. With 159 registered buyers - the most ever to bid at the auction - wines fetched unexpected high prices culminating a record turnover of R5 204 400.
“We are delighted by the unprecedented results of our auction, both in terms of the many new buyers as well as the excellent prices and record breaking turnover attained despite the lower volumes of wine on offer this year. This just goes to show that even with the global economic downturn, there will always be a market for exceptional quality,” said Johan Malan, Simonsig winemaker and chairman of the Cape Winemakers Guild.
For more information, visit www.capewinemakersguild.com, send an e-mail to or contact the Guild Tel: 021 852 0408.
