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Snooth User: ChipDWood

~ Morrell Wine Auctions ~ Open for bidding...

Posted by ChipDWood, Jul 14, 2010.

You can visit this link to get yourself registered, peruse the catalog for what I think are some good values, and pool your resources with your friends to take advantage of the market as it be for something a bit higher on the food chain than what you may be used to.

Or, for some of us, pay less for what you have become accustomed to ;).

http://www.morrellwineauctions.net

Here's Morrell's own description of highlights of the sale from a prominent collector in NYC:

"Morrell & Co. Fine Wine Auctions presents its fourth auction of 2010 Our Midsummer's Auction is filled to the brim with great wine. Boating, fishing, camping and hiking are all fine summertime activities, but at the end of the day when you want to relax with the perfect bottle we'll have you covered. In this sale we have the makings for a celebration with several vintages of Louis Roederer Cristal in various formats, and a Methuselah of Dom Perignon from 1995. Refresh yourself with a classic white such as the 2001 Coche-Dury Puligny-Montrachet Les Enseignères or the Mikulski Meursault-Charmes from 2002. If New World whites are more your speed we have Chardonnays from Peter Michael and Marcassin as well. Lovers of Bordeaux will find this sale as well-stocked as can be with magnums of 1970 and 2002 Ausone, vintages of Pétrus including bottles of the rarely-seen 1949, 1971 and 2004,. All of the five First-Growths are represented, with several cases of recent vintages in as-delivered condition. These include the 2005 Haut-Brion, as well as cases of Lafite-Rothschild, Latour and Margaux from both the 2005 and 2006 vintage, with many in large format. Château Pavie and La Mission Haut-Brion from 2006 in original wood round out the collection. It doesn't get any better in Burgundy than Domaine de la Romanée-Conti, and we have many examples on offer. Starting from the top, we have Romanée-Conti from 2002, 2004 and 2006. The Echezeaux, Grands-Echézeaux, La Tâche and Richebourg are all well represented, as well as the Coup de Grâce; an assortment 6-pack from 2002. Château d'Yquem is available in large formats from the 1986 , 1989, 1990 and 1998 vintages. There is a beautiful example of the 1929 in standard format, as well as 1976, 1983, 1986, 1990 and a case of the fabulous 2001. Italophiles will find the best Amarone on the market in Quintarelli's 1998. The legendary 1985 Sassicaia is available alongside large formats of the incomparable Masseto from 2005. Anyone in love with the finest California has to offer will be excited by the sheer depth of this cellar. Screaming Eagle hales from nine different vintages, including a magnum of the 2002 and an exceedingly rare First Flight of Eagles (lot 217). We have original wooden cases of Hundred Acre from the 2001, 2002 and 2005 vintages from the Kayli Morgan and Ark vineyards, as well as the Deep Time Cabernet and the Ancient Way Shiraz. Harlan Estate from the inaugural vintage of 1990 leads the way, followed by 1996, 1997, 2001, 2002, 2003 and 2004; many in large format. Harlan's sister winery Bond has a nice showing as well from the 2000, 2001, 2003, 2004 and 2005 vintages, mostly in original wood. The wines of Pride Mountain, Shafer Hillside, Turley and Spottswoode round out the selections. Finally we have many cases of great value wines perfect for large gatherings including the 2005 Dashwood Sauvignon Blanc from New Zealand, and the 2008 Layer Cake Shiraz. You shouldn't have to skimp on quality or break the bank while serving dozens of guests! Summer is a time for relaxation, but the busy schedules of fall will arrive before we know it. Take this opportunity to stock up for your summer gatherings as well as prepare for the beginnings of autumn. As always, tie goes to the first bidder, so get your bids in early to secure your favorite wines. This sale is "internet only" which means you still have two ways to place bids: absentee, or live during the sale on July 21st. Absentee bids can be placed now or anytime before the lots begin being hammered down on the 21st. Search the catalogue and leave absentee bids now, or, log in on July 21st at 11:00am EST to bid live.

To bid in real time on the 21st, simply register (or log in if you have registered in the past), and make sure your computer is ready by checking our "live bidding simulator".

It's that easy. Click, bid, sip."

Replies

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Reply by Gregory Dal Piaz, Jul 14, 2010.

Thanks for posting this. Lots of good wines here. I'll be taking a look see when I have the time!

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Reply by StevenBabb, Jul 14, 2010.

i just spent my current allotment for wine about an hour ago.... wish i woulda seen this before!  : )

 

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Reply by dmcker, Jul 14, 2010.

Here's an interesting auction from another source...

 

Hart Davis Hart to Auction Wine from The Fox Cellar on September 24th and 25th at Tru Restaurant in Chicago

The auction is estimated to bring $4-6 million and includes over $2.5 million of First Growth Bordeaux, $750,000 combined of Ausone, Cheval Blanc, Le Pin and Pétrus, and more than $400,000 of wines from Domaine de la Romanée-Conti

(July 14, 2010 - Chicago, IL) - Hart Davis Hart Wine Co., one of the world’s leading fine wine retailers and auction houses, will hold an important single-owner sale on September 24th and 25th – a second installment of wines from the The Fox Cellar. The auction of over 1,600 lots is estimated to bring between $4 and $6 million and includes some of the greatest wines produced in Bordeaux over the last three decades.

The record-breaking auction of The Fox Cellar held by Hart Davis Hart in September 2008 achieved $11.2 million. The Fox Cellar II will be similar in its exceptional quality. Almost every wine offered is in pristine condition, in its original wooden case, and bought either on release or as futures. These wines have been held since release in perfect cellar conditions. Wine collections with spectacular, documented provenance such as this are rarely seen.

Foremost among the collection are one hundred lots of Château Lafite-Rothschild worth an estimated $700,000-$1,000,000 including three full cases of the 1982, eight cases of the 1996 and five cases of the 2000 vintage. Other staggering offerings include ninety lots of Château Mouton-Rothschild worth an estimated $240,000-$350,000; more than three hundred bottles from Domaine de la Romanée-Conti, over one thousand bottles of Château Latour, and more than seven hundred bottles each of Margaux and Haut-Brion. Other featured offerings include a large selection of Italian wines from Angelo Gaja, the best Super Tuscans and Guigal’s single-vineyard Côte Rôties. $80,000-120,000 of many of the most famous Madeira ever produced will be offered, much of it in 12 bottle lots.

“This is an incredible opportunity for buyers to access one of the world’s greatest cellars. If you missed out on buying any of the greatest vintages of the last thirty years, this might be your best and last chance to stock up on many of these wines from this cellar of my long-time client and friend,” commented John Hart, Chairman of Hart Davis Hart.

The live auction will take place at Chicago’s award-winning restaurant Tru, beginning promptly at 10:00 a.m. (CDT) on Friday, September 24th and Saturday, September 25th, 2010. Bids will be accepted live from the floor at Tru, on the phone, by fax, live online using Hart Davis Hart’s online real-time bidding portal www.hdhlive.com, or by using HDH’s online absentee bidding system. Tru is located at 676 N. St. Clair Street in Chicago. Attendance is open to the public and free of charge. Pre-registration for the auction and reservations for lunch at TRU during the auction ($75) should be made by contacting Gwen Brooks at 312.854.0096 or by email.

Request a complimentary catalog:

 

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Reply by cigarman168, Jul 14, 2010.

so this auction are open for overseas bidding? 

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Reply by dmcker, Jul 14, 2010.

I assume so. Read the guidelines and email them if you have any questions...

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Reply by ChipDWood, Jul 15, 2010.

Tough to ship overseas, UNLESS YOU ARE THERE already.  Truth being: Damn near impossible.

Never a good thing to assume that overseas shipping- nor even out of the 'States' shipping is a given.

For that matter, even though the Supreme Court of the land has ruled that wine can and should be allowed to to be shipped between states on the premise of "fair competition"- we still have inter-state complications and variances of these laws, still interpreted by the states themselves.  And therefore those who pay their bills, namely the distributors.

Therein, the problem truly rests.

And with the odd yet accurate allowances of Hennesy Cognac from France to Kimmy Jong Illy up in North Korea- I still can't send a shot of JD from New York to Connecticut legally for the fear of tax evasion.

The point being: shipping varies from state to state.  And it's ridiculous.

Follow this linnk to just a piece of the madness.

Think about this too: Not only "how does one get wine shipped from New York to, say, Massachusetts" (run, STILL, by the Kennedy 'Camelot' of illegal booze-runnin')- but how does one get wine FROM said states TO New York, to then be sold back out?

We're not just talking about crossing International borders here- but rather state lines.

And while the 'Supremes', I feel, rightfully ruled that the notion of interstate competition is a good thing- it is up to the states themslevs to adopt the measures.

It killed the resurgence of Virginia, nearly, two years back.  Only now are they (and their wine industry) coming back around with the counterpunch to a stupid ruling by their own legislators.

Think about that.  These auction houses will get you your wine, but keep your expectations within national borders, at least for now.  Brokers can buy as much as they want, ship via whatever means they wish from these auctions because the dollar is a bit low as I type- but there is a hefty premium to pay for such shipping.

Put a bit more simply, from someone who has been on the front lines of this kind of thing: figure out where your state stands.  Expect to pay more to get the wine you buy should you be in a "no" state- and expect to get a deal if you happen to ship to a "yes" state.

That's about as simply as it can be broken down, although another option is to open a storage account in New York somewhere, and have them store your wine as long as you wish, or ship it to wherever you want.

Make sure to tell tham Chip sent ya ;).

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Reply by dmcker, Jul 15, 2010.

"Tough to ship overseas, UNLESS YOU ARE THERE already.  Truth being: Damn near impossible."

Not sure what you mean by "UNLESS YOU ARE THERE already", but irregardless, generally not true, Chip. Wine auctions at this level welcome overseas bids, especially from cigarman's part of the world. That being said, it still behooves the potential buyer to check the details directly with the organization hosting the auction ahead of time.

Interstate is a different ball of wax....

 

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Reply by cigarman168, Jul 15, 2010.

Ship overseas should be OK. Hong Kong import lots of pallets of wines from states everyday. Just read from Morell term of sales "Vintage Warehouse will assist in making arrangements for delivery and insurance of wines purchased to locations outside of the United States. Please inquire for more information."

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Reply by ChipDWood, Jul 16, 2010.

Much of the international shipping is actually carried out in the names of the brokers that purchase the wines, then shipped to its destination using international carrriers.

By "Being there already" what I meant was that several houses, seeing the way the market has trended towards Asia SO powerfully in recent years have set up their own offices on location.  Spectrum, Acker, Sotheby's, etc.

It's simply been my own experience that whil the auction houses themselves will not ship wines (either way) across international borders, that doesn't mean that brokers cannot.  I worded it clumbsily, so I can see where I confused the issue.

Nippon is a fantastic carrier to that part of the world, and I've helped arranged shipments for brokers for such purposes inthe past.

Didn't mean to confuse anyone with the sloppiness.  Still a good idea to read up on ALL the policies of each acuation house you participate with though.


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