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The Triumphant Collection of a Motorsports Mogul

By June 19, 2022News

The Triumphant Collection of a Motorsports Mogul

“56 bottles of Grange sold and achieved $79,882, blitzing the low estimate of $56,650”
— Marcus Atkinson DipWSET,  Head of Fine Wines & Whiskies  

In May, our Fine Wines & Whiskies Department had the pleasure of bringing its first-ever single-owner collection to auction. The Triumphant Collection of a Motorsports Mogul online auction ran from Thursday 12 May to Wednesday 18 May, hosting an array of exceptional wines and a small library of books. The sale grossed $162,735 for our vendor with a 93% sell-through rate and a 171% return on reserve.

The collection consisted of multiple vintages of Te Mata Coleraine and a quality mix of other great value New Zealand, French and Italian wines. Sale highlights included an epic 60 bottle selection of Penfolds Grange, which featured 36 vintages from 1955 to 2002. All bottlings had impeccable fill levels, and many had been through the Penfolds Grange Clinics for evaluation, top-up and re-corking. One bottle of 1984 boasted the autograph of Penfolds first Chief Winemaker and Grange creator, Max Schubert. 56 bottles of Grange sold and together achieved $79,882, blitzing the low estimate of $56,650.

A collection of 56 bottles of Penfold’s Grange
price realised. $79,882
Chief Winemaker and Grange creator, Max Schubert

In May, our Fine Wines & Whiskies Department had the pleasure of bringing its first-ever single-owner collection to auction. The Triumphant Collection of a Motorsports Mogul online auction ran from Thursday 12 May to Wednesday 18 May, hosting an array of exceptional wines and a small library of books. The sale grossed $162,735 for our vendor with a 93% sell-through rate and a 171% return on reserve.

The collection consisted of multiple vintages of Te Mata Coleraine and a quality mix of other great value New Zealand, French and Italian wines. Sale highlights included an epic 60 bottle selection of Penfolds Grange, which featured 36 vintages from 1955 to 2002. All bottlings had impeccable fill levels, and many had been through the Penfolds Grange Clinics for evaluation, top-up and re-corking. One bottle of 1984 boasted the autograph of Penfolds first Chief Winemaker and Grange creator, Max Schubert. 56 bottles of Grange sold and together achieved $79,882, blitzing the low estimate of $56,650.

The legacy of our consignor is as triumphant as the auction. As a major importer of Vespa bikes since the 1970s, his family enterprise now has 72 dealerships nationwide and represents 14 brands. Our vendor’s fascination with motorcycles has long been paired with his fascination for wine. He began earnestly collecting the Grange, the ‘King of Australian Wines’, from 1969 onwards. After moving to New Zealand, he also started collecting the ‘King of New Zealand Wines’ – Te Mata Coleraine. 

Webb’s considers a variety of factors when consigning wines for our auctions, including where they have been sourced and cellared. The provenance of this large collection was revealed in detailed records held by the collector, who had sincerely cared for the wines. They were held in optimal conditions, preserving the flavours and value of the bottlings. The vendor’s commitment to his wine collection, along with our market-leading approach to auctioning specialist items, culminated in brilliant sale results.

Webb’s was proud to host such a unique collection and looks forward to further single-owner successes in the future. If you are thinking of bringing your wine or whiskey collection to market, please contact our specialist team.

Marcus Atkinson DipWSET
Head of Fine Wines & Whiskies
marcus@webbs.co.nz
+64 27 929 5601

Marshell Wan
Specialist, Fine Wines & Whiskies
marshell@webbs.co.nz
+64 22 061 5612

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