Auction Napa Valley Breaks Record Raises $18.4M. Salut!
on 09/06/14 at 11:21 am
Wine
Auction Napa Valley 2014 broke its record for the second year in a row this weekend raising a staggering $18.4 million.
Friday’s Barrel Lots brought in $1.7 million, a new record for Napa Valley’s top wines. Bidding for special wine and experience packages at Saturday’s Live Lot Celebration raised $12.65 million.
At the time of this writing, the E-Auction (or EX-PERIENCE) lots had brought in $400,000 with several hours of online bidding still ahead.
What is behind the excitement and willingness to spend at the Napa Valley Auction?
In addition to a healthier economy and demand for fine wines, the multi-day event is a tour de force in personal vintner experiences with welcoming dinners and special events leading up to the Friday Barrel Auction and Saturday’s Live Auction Celebration. The event is a who’s who of Napa Valley.
