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MARKED FOR QUALITY<br />
Each of the 158 wines that will be sold at<br />
the 2012 Nederburg Auction has earned<br />
the Auction’s Seal of Approval, which is<br />
affixed to each bottle as a mark of quality<br />
and authenticity. This golden seal is an<br />
endorsement and a reassurance for both<br />
trade and consumers that these wines<br />
represent the pinnacle of rare, properly<br />
matured, fine <strong>South</strong> <strong>Africa</strong>n wines.<br />
Every wine selected for the Nederburg<br />
Auction has to fulfill four criteria before<br />
it can be deemed worthy to come under<br />
the hammer:<br />
• Firstly, the Nederburg Auction encourages<br />
winemakers to submit wines for scrutiny<br />
that they feel represent the pinnacle of<br />
their winemaking skills, and which are no<br />
longer in general circulation in order to<br />
create a rarity factor for the wines that<br />
will be auctioned.<br />
• The wines submitted must be at least five<br />
years old for red wines and two years old<br />
for white wines.<br />
• Each wine must then pass the exhaustive<br />
selection process that sees them overcome<br />
character, style, and quality benchmarks, as<br />
judged by the panel of wine experts that<br />
includes Cape Wine Masters and Sommeliers.<br />
• The final consideration is whether the<br />
wines will, in the opinion of the selection<br />
panel, continue to evolve and mature in<br />
order to provide a return on investment<br />
for buyers.<br />
This unique approach presents buyers with<br />
the opportunity to purchase fine, bottleaged<br />
wines that they can sell or serve<br />
immediately, confident in the knowledge<br />
that the wine will continue to mature and<br />
evolve should they wish to extend its shelf<br />
life in order to extract additional value.<br />
NEDERBURG AUCTION<br />
Recognised as one of the world’s five<br />
major wine auctions, the Nederburg<br />
Auction offers quality, fine wines that are<br />
often only available in limited quantities<br />
and not on the open market. Lots are<br />
structured to afford buyers the flexibility<br />
of purchasing according to their individual<br />
volume requirements. The event has a<br />
threefold purpose: to encourage greater<br />
wine standards; to develop an awareness<br />
of <strong>South</strong> <strong>Africa</strong>n wine and to ensure fair<br />
distribution of fine, rare wines.<br />
Now in its 38 th year, this prestigious<br />
event offers a rare opportunity for local<br />
and international wine buyers to select,<br />
sample and bid on a stringently selected<br />
range of wines from the country’s premium<br />
winemakers, estates and cellars. As the<br />
oldest auction in the New World of wine,<br />
the Nederburg Auction is a tribute to the<br />
endeavours of <strong>South</strong> <strong>Africa</strong>n winemakers<br />
over three centuries to improve their wines.<br />
OBJECTIVES<br />
An incentive to greater wine standards<br />
The viticulturist runs great risks in producing<br />
a truly noble wine. The Nederburg Auction<br />
is a platform to provide due recognition<br />
and rewards for these efforts – acting as a<br />
showcase for the best that <strong>South</strong> <strong>Africa</strong>n<br />
vintners can produce.<br />
10 11<br />
Developing an awareness of<br />
<strong>South</strong> <strong>Africa</strong>n wine<br />
The annual auctions at Nederburg have<br />
placed <strong>South</strong> <strong>Africa</strong> firmly on the wine<br />
map of the world. It is now recognised<br />
as one of the world’s five major wine<br />
auctions, thus fulfilling a similar objective<br />
to the auctions of Hospices de Beaune in<br />
France and Kloster Eberbach in Germany.<br />
History has shown that this event has<br />
helped to stimulate interest in <strong>South</strong><br />
<strong>Africa</strong>n wines among connoisseurs and<br />
the wine-loving public, both in <strong>South</strong> <strong>Africa</strong><br />
and further afield.<br />
To ensure fair distribution of rare wines<br />
Local and international wine buyers and<br />
connoisseurs have gathered at Nederburg<br />
every year to savour, evaluate and buy the<br />
cream of <strong>South</strong> <strong>Africa</strong>’s wines, many of<br />
them outstanding old wines available in<br />
only very limited quantities. The auction<br />
thereby offers a fair means of distribution<br />
of these wines.<br />
At the first auction in 1975, there were<br />
15 wines on offer from five participants.<br />
This year, there will be 158 items<br />
(4 456 cases) from 77 participants (brands,<br />
estates and wineries). Last year, 159 wines<br />
from 69 participants were auctioned. The<br />
average price paid per case has risen from<br />
R19.21 in 1975 to R1 985 per 9-litre case<br />
in 2011.