Auction Napa Valley 2014 Sets New Record
The results are in: Auction Napa Valley is the undisputed champion of charity wine auctions for earning a record-breaking $18.7 million over the weekend—a remarkable step up from last year’s impressive $16.9 million.
The annual event, held at Meadowood Resort Napa Valley in sunny St. Helena, raised money for a variety of nonprofit organizations throughout Napa County, including Fund-a-Need, which targets education, health and family stability programs for Napa children. The 2014 auction raised $3.8 million for that organization alone.
The weekend’s festivities kicked off with a successful barrel auction on Friday, June 6, at the newly renovated Charles Krug Winery, which featured primarily 2012 vintage wines. On Saturday, some 1,000 people gathered at Meadowood for a day of sipping and big bidding.
The generous tone was set early on when the Raymond Vineyards’s lot—a VIP night out at the Oscars with Jean-Charles Boisset and his producer pal Harvey Weinstein—was doubled. Each bidder spent $420,000 for the experience.
Mayacamas Vineyards, purchased by Charles Banks last year, offered an incredible collection of wine, including a magnum from 1964 and jeroboams from 1978, 1989, 1997, 2002 and 2013 as well as a six-decade vertical tasting and dinners at the historic property prepared by Blackberry Farms's chef Joseph Lenn. The bid, also doubled, raised $660,000.
The Colgin Cellars lot—four double magnums and a dinner for 50 at either the French Laundry or Per Se—did well, too, selling for $340,000.
Things further escalated when Araujo Estate Wines’s lot—which included one imperial of wine, lunch and accommodations at the Araujo Estate in Napa, and a visit to Bordeaux featuring lunch for six at Château Latour—was sold for a whopping $520,000.
It was the lot to beat, and only Bill Harlan’s Promontory lot could do so: He auctioned off an unreleased Cabernet Sauvignon for a jaw-dropping $600,000. The bidder earned the right to be its first patron, first in line to receive a double magnum of the first five vintages (2009–2013) and a case of each of the first 10 bottled.
Top Live Auction Lots
• Raymond Vineyards: $840,000
• Mayacamas Vineyards: $660,000
• Promontory: $600,000
• Napa Valley Vintners and Lexus: $580,000
• Opus One: $550,000
• Araujo Estate Wines: $520,000
• Darioush and Robb Report Magazine: $440,000
• Casa Piena: $420,000
• Chappellet Vineyard: $410,000