Trade auction nets more than $2 million for Napa Valley Vintners
Published February 25th, 2007
Napa Valley Register – A sell-out crowd of some 600 retailers and restaurateurs spent more than $2 million Saturday for close to 200 lots of wine handcrafted solely for the trade attending Premiere Napa Valley.
Sponsored by Napa Valley Vintners, the auction was held at CIA Greystone, an event that supports the trade association’s worldwide marketing programs and helps fund the Rudd Center for Professional Wine Studies.
In a little over three hours, auctioneers Ursula Hermacinski and Fritz Hatton sold off 192 lots of wine especially made for this event — a mix of distinct vineyard blends and hand-selected barrels from some of the best vineyards in the valley.
Preliminary figures showed total proceeds at $2.16 million, a 16 percent increase over last year’s take.
