VDP.WINE.AUCTIONS | New Record Prices for VDP.Wines at the Autumn Auctions in the Mosel and the Nahe region
A VDP.Wine set another world record in Trier: VDP.Vintner Egon Müller's 2017 SCHARZHOFBERG Alte Reben VDP.GROSSE LAGE® pushed the benchmark for Kabinett wines up to 250 euros for the 0.75-litre bottle. These wines were auctioned for 225 euros last year. A total of 1200 bottles of this wine were sold this year.
Not only VDP.Estates from the Nahe, but also Rheinhessen, Pfalz and Ahr auctioned their wines in Bad Kreuznach. After the starting price of 2350 euros, the 0.7-litre bottle of Kupfergrube KUPFERGRUBE Riesling Trockenbeerenauslese from the 1921 vintage fell under the hammer at 14,994 euros. A charity case of six magnum bottles achieved the hammer price of 23,740 euros after the calling price of 300 euros. The money goes to the Prince Albert II of Monaco Foundation, which supports environmental and climate protection projects.
The high prices for dry wines were particularly noteworthy this year. VDP.Auctions have traditionally focussed more on sweet predicate wines. As an example, the VDP.GROSSES GEWÄCHS® PETTENTHAL from VDP.Estate Keller brought 950 euros. The total sales achieved a record level. The auction in the Nahe achieved 1,304,390.51 euros including taxes and fees – an increase of 40 percent compared to the previous year. Total results in the Mosel exceeded that of last year’s 1,345,206.70 by just under nine percent. The VDP.German Prädikat Wein Estates assess this positive development as a clear indication of increasing appreciation for premium German wines, particularly for wines that bear the VDP.Eagle on their capsule. International interest in the auctions was extremely high.
At the 131st Prädikat Wine Auction in Trier/Mosel
Not only the prices, but also the duration of the auction in the Mosel reached a near record proportion. Over a six-hour timespan, a total of 70 lots came under the hammer in Trier. Auctioneer Max von Kunow called out dream results. One example is the 1988 RAUSCH Riesling Eiswein from VDP.Weingut Forstmeister Geltz-Zilliken in a magnum bottle that exchanged hands for 2,541 euros. Egon Müller’s 2017 SCHARZHOFBERGER Auslese Goldkapsel VDP.GROSSE LAGE® rose quickly from the reserve price of 350 euros to 1687 euros. The 2017 Wehlener SONNENUHR VDP.GROSSE LAGE® from VDP.Weingut Joh. Joh. Prüm climbed from the starting price of 250 up to 750 euros. This year’s charity case brought 6,872 euros.
Prinz Salm was auctioneer for the first time for VDP.Nahe in the Römerhalle in Bad Kreuznach
Equipped with a Sotheby’s gavel and top hat, the VDP.Honorary President Michael Prinz zu Salm-Salm from the VDP.Weingut Prinz Salm led the VDP.Autumn Auction for the first time. All catalogues were snapped up quickly and the Römerhalle in Bad Kreuznach was filled to the very last place. The wine estates of VDP.Rheinhessen also achieved good results, contributing the largest number of lots at 15. Twelve lots came from the Nahe, three from the Ahr and two from the Pfalz.
Contrary to the Mosel, four Spätburgunders (Pinot Noirs) were auctioned in Bad Kreuznach. VDP.Weingut Keller won the highest red wine price for the 2015 MORSTEIN “Felix” VDP.GROSSE LAGE® with 392 0.75-litre bottles changing owners for 762 euros each. The two further wines from Keller also achieve high prices: 34 0.35-litre bottles of 2015 Trockenbeerenauslese from the VDP.GROSSEN LAGE® PETTENTHAL went for 1,250 euros each while three magnums of the same wine fell under the hammer at 8,122 euros per bottle.
A few highlights from the Nahe auction (results including VAT and fees):
Ahr: Weingut Jean Stodden achieved a bottle price of 219 euros für 123 bottles of 2016 MÖNCHBERG Spätburgunder GG.
Rheinhessen: Weingut Schätzel excelled with the 2017 PETTENTHAL Riesling -N- Kabinett. 191 magnum bottles (1.5 litres each) at the hammer price of 250 euros.
Pfalz: Weingut Christmann successfully auctioned 140 bottles of 2017 ÖLBERG-HART "Kapelle" Riesling GG at 137 euros each.
Nahe: Weingut Emrich-Schönleber achieved 287 euros each for 302 magnum bottles of 2017 AUF DER LEY Riesling GG.
A complete overview of the auction results from the past years can be found here