Record prices at 31st Cape Winemakers Auction

South African wines triumphed at the 31st Nedbank Cape Winemakers Guild Auction at Spier in the Stellenbosch Winelands over the weekend with new record prices for both red and white wines and the average price per case up by almost 10% on last year.

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Showing its prowess once again as a showcase of top South African wines the auction achieved total sales of R11 815 800 just short of the R11,9 million in 2014 despite smaller volumes with 264 fewer cases this year.

A case of six bottles of Kanonkop CWG Paul Sauer 2012 fetched the highest price ever paid for a red wine at the auction with a top bid of R12 200.

White wine prices also soared with AA Badenhorst Family Wines Graniet-Berg 2013 setting a new auction record of R7 000 for a case of six.

Records tumbled from the very first wine to go under the hammer and the auction continued its winning streak with keen bidding until the very end.

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Tsogo Sun was the biggest buyer for the second consecutive year with total purchases of over R2 million.

Other top buyers included The Butcher Shop and Grill, Restaurant Mosaic, Rouseu Wijnen of Belgium, Singita and a number of private collectors.

“The auction results this year are testament to not only the quality of South African wines but also to the progress our wine industry has made.

The perceived value of our auction wines as borne out in the high prices achieved again this year are a further endorsement of the excellent reviews the industry received after Cape Wine 2015,” says Andries Burger, Chairman of the Cape Winemakers Guild.

This year no less than six red wines fetched higher prices than last year’s record of R 8 600 per case.

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