C ollective Napa Valley is pleased to present the Napa Valley Barrel Auction to be held on Friday, June 2 at Louis M. Martini in St. Helena, CA. This is your opportunity to purchase wine aging in the barrel from Napa Valley’s finest producers.
The Napa Valley Barrel Auction is part of Collective Napa Valley’s Together Again weekend filled with live events including vintner-hosted wine events, and a live auction offering once-in-a-lifetime wines and special experiences. For more information about Collective Napa Valley and a schedule of events, please visit their website.
This auction is being conducted under a license issued to Collective Napa Valley, who is acting as the Seller of record, powered via Sotheby’s bidding platform.
Please note that, for each lot, a Buyer’s Premium of 7% and Overhead Premium of 1% will be applied to the hammer price.
Proceeds from the auction will go toward funding the key to a bright future: the children of Napa Valley.
Collective Napa Valley is a year-round philanthropy program that brings people together to enjoy Napa Valley wines while raising funds for the good of its community. Throughout the year, members will engage with vintners and explore the region through a variety of programs and events online and in person. For more information, visit collectivenapavalley.org.
The Collective Napa Valley Barrel Auction provides bidders with the opportunity to acquire Napa Valley’s finest wines currently aging in the barrel. Each winery donates a half-barrel of yet-to-be released wine for a total of 10 cases of each wine available at the auction. Ten individual bidders will take home a 12-bottle case of each of these Napa Valley wines.
All wine is sold while still in barrel. After the auction, buyers entrust the wineries and winemakers to mature their wines until ready to be bottled and consumed. Release dates are available with each lot description.
The Collective Napa Valley Barrel Auction brings an exciting gamified experience for bidders. Each lot includes a single half-barrel of wine which is subdivided into ten identical single-case offerings of the barrel. The top ten bids on a lot will win a 12-bottle case of the barrel at varying increments.
To secure a place on the leaderboard, bidders need to place a higher bid than the top price on the leaderboard.
Bidders can view the leaderboard of the top ten bids for each lot throughout the auction. The leaderboard will be available to view online and on display during the in-person auction barrel tasting.
Bidding for each lot will open with a starting bid of $200. Until the last hour of the auction, bids may increase by increments of $50, with a maximum increase of 10 increments away from the current bid. For example, if the current bid is $400, the next bid can be between $450 to $900, in $50 increments. In the last hour of the auction, there is no maximum bid, meaning bids of any amount in $50 increments may be placed. For example, if the current bid is $400, the next bid can be $450 or $2,000.
The top ten bids will win the lot at varying increments.
