Shafer Vineyards lot takes top spot at 2010 Premiere Napa Valley auction
Bidders send price of five cases of 2008 “Sunspot Vineyard” Cabernet Sauvignon to $37,000
February, 2010 – Shafer Vineyard’s 5-case lot of “Sunspot Vineyard” Cabernet Sauvignon took the top spot in Premiere Napa Valley’s (PNV) auction for the trade on Saturday, February 20.
The Shafer lot sold for $37,000 or $616 per bottle. This year’s PNV total was $1.9 million, which is 30 percent higher than the 2009 auction.
“It was exciting to see the support and enthusiasm for our wine, but it was just as good to sense the cautious optimism in members of the wine trade that things have turned a corner economically,” says Doug Shafer, president, Shafer Vineyards.
Sunspot is a single vineyard block contained within Shafer’s 50-acre Hillside Estate Vineyards, the source of the winery’s signature Cabernet Sauvignon, Hillside Select. The wine sold at Premiere Napa Valley is specially produced each year from this single hillside vineyard block to help support the barrel auction for the trade which benefits Napa Valley Vintners and their work to protect and promote the Napa Valley appellation.
Shafer has participated in Premiere Napa Valley since its first event in 1997. Click here for complete coverage of this year’s auction from Napa Valley Vintners.