Spectrum Wine Auctions, Southern California's leading auction house of fine and rare wine, will hold its first sale of the fall 2010 auction season on Friday, September 24 at the Peninsula Hotel in Beverly Hills. Attendance is open to the public and free of charge. Small bites and various wines will be offered throughout the session. Auction catalogs will be available through the website at www.spectrumwine.com, or by calling Spectrum Wine at 949.748.4845. Bidders may view 360-degree photographs of each lot on offer by visiting the website.
The total pre-sale estimate for the 761 lots on offer is $3.2 million. Highlights include verticals in large formats—1.5L, 3L and 5L—of Chateau Montelena spanning 30 years, one bottle of the historic 1973 Chateau Montelena Chardonnay, and a very unique bottle of shipwrecked Madeira circa 1790-1800 discovered off of the Savannah, Georgia coast by professional diver Bill Kinsey in the late 1970s.
About Spectrum Wine Auctions
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Launched in 2009, Spectrum Wine Auctions is the world's newest live and online auction house of fine collectible wine.
Following in the grand tradition of its sister auction companies, Spectrum Wine Auctions is a subsidiary of Spectrum Group International, Inc. (SPGZ:PK), a consolidated global collectibles network. The company is a leading auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. Building a strong financial foundation, Spectrum Group International is also a merchant/dealer of certain collectibles and trader of precious metals. The company's collectibles offerings range from the modest to ultra high-end in value and span the globe. Spectrum Wine Auctions is the newest member of the elite Spectrum Group International family. Spectrum Wine Auctions also conducts bi-weekly online auctions through www.spectrumwine.com. The company offers competitive incentives for consignors, including 30-day payouts in full for all lots sold regardless as to whether the firm has collected from each buyer, and the ability to consign both highly-collectible and commonly found wines.
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Backed by many decades of auction expertise and driven by a team of dedicated wine specialists and enthusiasts, Spectrum Wine Auctions is committed to offering buyers and sellers alike the most accessible and expansive auction opportunities of what is simply the greatest consumable and collectible product known to man- wine.