Inaugural Fine Wine Auction with Spectrum Wine Auctions LLC and Vanquish Wine Ltd Re-defines London Fine Wine Market
(February 9, 2012, London) Last night saw the eagerly anticipated inaugural fine wine auction, ‘The Evening Sale,’ brought to London by Spectrum Wine Auctions LLC and Vanquish Wine Ltd at the Mandarin Oriental. Boasting an exhilarating atmosphere, standing-room only, and an impressive international roster of bidders, the auction achieved the exciting task of redefining the fine wine auction concept in London, teamed with a coveted mix of some of the rarest and finest wines, Champagnes and spirits to reach the London auction market.
The evening contrasted traditional fine wine auctions by offering a theatrical event allowing esteemed oenophiles, investment bidders and new collectors alike, the opportunity to take part in the auction. Commencing with a Champagne reception, during which guests enjoyed Moët 2002 Rosé and 2002 Brut, kindly donated by Moët Hennessy UK, the public auction also offered guests the unique opportunity to experience a fine wine tasting including Château l’Evangile 1990 and Château Palmer 2002. The crowd of like-minded enthusiasts, greeted old friends and made new acquaintances whilst connecting and interacting over their mutual love of wine before being invited into the Mandarin Oriental ballroom for the auction. The auction started with a sparkle as Krug and Dom Ruinart Rosé were auctioned for charity with a packed house allowing for standing room only creating an electrifying atmosphere. A far cry from conventional London auctions, bidders interacted face-to-face and fiercely competed for the exceptional lots including La Tache 1969, Haut Brion 1961 and Palmer 1961.
“It has been an honour for us at Spectrum Wine Auctions to work alongside Vanquish and enter the London wine scene with our inaugural London auction yesterday, and we are incredibly happy with the results,” said Jason Boland, president of Spectrum Wine Auctions. “This was truly a global event with a packed auction room here in London, as well as buyers in the U.S. and Hong Kong and all over the world placing their bids on a truly amazing selection of fine wine. We appreciate the hospitality and enthusiasm we have enjoyed here in London and we look forward to returning.”
“The auction format was a tremendous success and it was a huge privilege to hold the gavel at this unique event, made possible through our partnership with Spectrum Wine Auctions. Today has showcased the on-going strength of the global fine wine market and the lots sold tonight have proven that the European fine wine market is still very buoyant and that there is still demand for wines of great quality” says Richard Brierley, Vanquish’s Head of Fine Wines, auctioneer of The Evening Sale.
Results from ‘The Evening Sale’ are currently being processed and verified at Spectrum head-office in California and will be released later today.
UK and Europe: Richard Brierley +44 20 7529 4312 or Gabby Wickham +44 20 3073 6756
Americas: Amanda Keston +1 949 748 4845
Asia: Powell Yang +1 949 748 4845
About Spectrum Wine Auctions
Following in the grand tradition of its sister auction companies, Spectrum Wine Auctions is a subsidiary of Spectrum Group International, Inc. (SPGZ:PK), a consolidated global collectibles network. The company is a leading auctioneer of stamps, coins, and other memorabilia, targeting both collectors and dealers. Building a strong financial foundation, Spectrum Group International is also a merchant/dealer of certain collectibles and trader of precious metals. The company's collectibles offerings range from the modest to ultra-high-end in value and span the globe. Spectrum Wine Auctions also conducts semi-monthly online auctions through www.spectrumwine.com. The company offers competitive incentives for consignors, and the ability to consign both highly-collectible and commonly found wines.
Backed by many decades of auction expertise and driven by a team of dedicated wine specialists and enthusiasts, Spectrum Wine Auctions is committed to offering buyers and sellers alike the most accessible and expansive auction opportunities of what is simply the world’s greatest consumable and collectible product—wine. For more information on Spectrum Wine Auctions, please call at 949.748.4845 or visit www.spectrumwine.com.
About Vanquish Wine Ltd.
Vanquish is London’s leading Luxury Drinks Specialist focusing on the sale of fine wines, Champagne and premium spirits to an international group of private and trade clients.
Vanquish is an innovative and energetic business with a defined goal to be the best possible supplier, investor and drinks service provider in the luxury beverage market. The significant experience and knowledge base within the Vanquish team means that they are able to offer customers expert advice on product selection, aid in support from brand owners and advise and build cellars for collection, investment and consumption.
Such attention to detail has enabled them to secure the most discerning buyers in the world as clients. By being customer focused, it provides them the understanding and the ability to address needs and expectations; enabling Vanquish to provide unsurpassed value in both product and services offered.