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Nederburg Auction changes to Cape Fine & Rare Wine Auction

Published:  10 May, 2019

The Nederburg Auction, which owned by Distell’s in 1975, has evolved into the Cape Fine & Rare Wine Auction to be held in October.

The change is in line with Distell’s new “premium and fine wine company” Libertas Vineyards and Estates, whose purpose is to “support and drive the upselling and premiumisation of South African wine on the global stage”.

CEO of Libertas Vineyards and Estates, Kay Nash, said the “collective vision is to build an industry platform widening world wide access to South African fine wines and by doing so escalate the desirability and collectability of these wines.

“In order to achieve this, we believe that the auction can be a catalyst for change. By growing an industry platform for fine wine producers and leveraging our 44 years of experience and investment we will collectively raise interest in South African fine and rare wines and attract existing, and new local and global buyers.”

“Collectors and investors are increasingly seeking out wines that have a story and a strong connection to a particular place or vineyard. They seek rarity, quality and provenance which the line-up of fine and rare wines will certainly deliver on.”

Changes to the auction include moving from Nederburg to the Rupert Museum in Stellenbosch and a new selection process and format. The final wine selection will be curated by expert judges and will focus on quality, rarity and collectability.

The auction will also collaborate with Christie’s, by introducing a Cape Fine & Rare Wine Auction Superlot at their Fine and Rare Wine Auction which will take place in London later this year.

“This platform will provide participating South African producers significant exposure to new buyers and by partnering with Christie’s, we will benefit from their expertise and gravitas in the category and plan to build our presence at global events in a phased approach,” said Nash.

The Cape Fine & Rare Wine Auction will take place on 18 and 19 October at the Rupert Museum in Stellenbosch.

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