Gift Guide - Gloffke

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112 AFFLUENT PAGE LUXURY INDEX | DECEMBER 2010
Full Spectrum
Wine Auction House Goes 21st Century
Spectrum Wine Auctions combines access
to both live and online auctions to satisfy
wine lovers around the world.
By Ariel Jastromb
Spectrum Wine auctions came to
be in the summer of 2009. Ever merging the old with the new,
Spectrum Wine auctions — with both its reverence for the
traditional and its history of innovative contributions to the
wine-auction industry — embraces the long-term expertise of
its parent company, Spectrum Group international, inc.
in its debut, Spectrum Wine auctions pulled in a cool $3.5
million in sales of fine and rare wines. Highlights of the sale
included: collections of Screaming Eagle cabernet Sauvignon at
a combined total of $214,920 (pre-sale estimate: $206,600);
château Montelena verticals from 1977 to 2008 in various sizes
at a combined total of $45,410 (pre-sale estimate: $38,500);
collections of château Lafite Rothschild sold for a combined
total of $619,368.50 (pre-sale estimate: $482,880); 12 bottles of
1982 château Lafite Rothschild in OWc for $49,293, $50,190,
and $53,775 (pre-sale estimate: $40,000 per lot); 12 bottles of
1982 château Mouton Rothschild in OWc for $19,120
(pre-sale estimate: $13,000).
Through the use of cutting-edge technology, innovations in
the auction process and absolute dedication to each and every
customer, Spectrum Wine auctions hosts live auctions from
both california and Hong Kong. can’t make it to china? Relax
and participate virtually though Spectrum’s unprecedented online
auction experience. perks include 360-degree images of every
lot offered and buyer-and-seller benefits that favor the most
user-friendly modes of operation.
These include cash advances of up to 50 percent of the
pre-estimate up-front payouts in full within 30 business days of
the auction’s close and single-number pre-estimates. in addition,
consignors can sell via bi-weekly online auctions, which run for
two weeks before officially closing, provided that the wine has
been stored properly and meets all requirements for auction.
“In its debut, Spectrum Wine
Auctions pulled in a cool $3.5 million
in sales of fine and rare wines.”
DECEMBER 2010 | AFFLUENT PAGE LUXURY INDEX 123