30 years’ worth of New Zealand’s premier wine Te Mata Coleraine up for auction

By March 7, 2016News

One lucky punter will find himself facing a minor dilemma when they win an upcoming auction.

On the block will be the single most complete collection of Te Mata estate Coleraine wine, hailed by many as the premier red this country produces. And so the conundrum. Keep them for posterity, a rare collection to covet and age, like, well, good wine. Or scoff it down, bottle by bottle, drop by drop.

With the addition of the 2014 vintage, delivered just this week, the Coleraine collection has a bottle for every year dating back to 1982, barring of course 1992, 1993 and 2012 when, we all know (don’t we), none was produced. In all it tallies 30 bottles.

Wine expert Vic William said the rarity of the collection was significant and “its an extraordinarily nice wine.” “The Te Mata Coleraine was the first big New Zealand red wine to make people sit up and take notice,” he said. When it was first released in 1982 it was hailed as remarkably Bordeaux-like and collected rave reviews. Williams said the older bottles would need to be decanted because of sediment but wine specialist Reece Warren, with Webb’s which is auctioning the vintage ‘vertical,’ believes it will pass even the toughest taste test.

“It’s been kept in perfect conditions. They are old wines, and the taste will reflect their age but I would expect the wine to be in great drinking order.” Even the oldest, the 1982, will still be “a fine drop”, though Warren cautions he would not wait another 20 years to crack it open. He estimates the set will go for around $2500-$3500, “and that’s conservative.”

Nick Buck, Chief Executive of the Te Mata Estate Winery said he himself had never seen a complete collection of the estate’s wine before. “This unbroken offering of every Coleraine vintage, from the original legendary 1982, right up to the current release 2014, is unique.” It’s 2013 Coleraine retailed at $100 a bottle and sold out in just 10 days. “It received a perfect 100 point review.” The 2014 release has met similarly good reviews.

Webb’s would not divulge any information on the seller for privacy reasons – other than to confirm he was a private collector. The blend that goes into make the full bodied Coleraine is 60 percent cabernet sauvignon, 28 percent merlot and 12 percent cabernet franc but changes every year.

The auction at Webb’s is March 15 at 6pm.

Source: Stuff, 7 March 2016