Spectrum Fine Wine Auctions Home

Auction Lot Listing

Currently Searching Auction # 828 | The August 2024 Auction: Part 3
View Auction Schedule and Details
Currently Viewing: United Kingdom Bid Paddle My Bids

View All

The August 2024 Auction: Part 3

Lot Location

Orange County, California
Hong Kong, JAS Forwarding
Set Default Warehouse Filter

Quick Search

Red Bordeaux
Dry White Bordeaux
Sweet White Bordeaux
Red Burgundy
White Burgundy
Red California
White California
Red Rhône
White Rhône
Red Italy
White Italy
Red Spain
White Spain
All Sparkling Wines
All Rosé Wines
Beer
Spirits

Country & Appellation

Professional Rating

100
99
98
97
96
95
94
93
92
91
90

Bottle Size

Half Bottle
Jennie
Bottle
Bottle
Bottle
Liter
Magnum
Balthazar
Double Magnum
Jeroboam
Imperial

Packaging

OWC

Classification

1er Grand Cru Classé (A)
Cru Bourgeois
Cru Classé de Graves
Grosse Lage
Premier Cru
1er Cru Classé
2eme Cru Classé
3eme Cru Classé
4eme Cru Classé
5eme Cru Classé
Grand Cru Classé
Grand Cru
Premier Cru Supérieur

Vintage

Collections

A California Classicist’s Cellar
Ron and Carrie’s Lifelong Cellar
The Abacus Cellar
The Aberdeen Cellar
The Aiserey Cellar
The Allerey Cellar
The Altai Cellar
The Alton Cellar
The Alzette Cellar
The Amapola Cellar
The Ambert Cellar
The Ambrosia Cellar
The Amuse Bouche Cellar
The Amyot Cellar
The Anacardier Cellar
The Analogue Cellar
The Antilope Cellar
The Appalachian Cellar
The Arcenant Cellar
The Arctique Cellar
The Arène Cellar
The Arête Cellar
The Argentan Cellar
The Argyle Cellar
The Arlay Cellar
The Armature Cellar
The Astoria Cellar
The Atherton Cellar
The Azalea Cellar
The Bande Cellar
The Bandon Cellar
The Baring Cellar
The Bathurst Cellar
The Battleford Cellar
The Belfort Cellar
The Beltway Blue Chips Cellar
The Bergen Cellar
The Bielle Cellar
The Bilten Cellar
The Bitterroot Cellar
The Bonhomme Cellar: Selections From The Extraordinary Collection of Irv Wnuck
The Bourges Cellar
The Bouteiller’s Cellar
The Branson Cellar
The Bremen Cellar
The Brentwood Heights Cellar
The Brochet Cellar
The Burro Cellar
The Butte Cellar
The Buzançais Cellar
The Calais Cellar
The California Cult Connoisseur’s Cellar
The Canoë Cellar
The Cappelletti Cellar
The Carangue Cellar
The Carrazeda Cellar
The Casier Cellar
The Caylus Cellar
The Cerfeuil Cellar
The Chambellan Cellar
The Chartreuse Cellar
The Chatham Cellar
The Chester Cellar
The Cipresso Cellar: Direct From the Cellars of Tenuta Vitanza
The Civray Cellar
The Clairmont Cellar
The Colombe Cellar
The Conche Cellar
The Conifère Cellar
The Corbeau Cellar
The Córdoba Cellar
The Cordouan Cellar
The Crest Cellar
The Crustacé Cellar
The Cumberland Gap Cellar
The Dais Cellar
The Dana Point Cellar
The Dawson Cellar
The Diplomat’s Cellar
The Dorion Cellar
The E Street Cellar
The Edelweiss Cellar
The Elliot Cellar
The Elwood Cellar
The Embarcadère Cellar
The Emden Cellar
The Encens Cellar
The Entente Cellar
The Epsilon Cellar
The Estremoz Cellar
The Fairview Cellar
The Fallbrook Cellar
The Faucon Cellar
The Ferry Cellar
The Feutre Cellar
The Fisher Cellar
The Folgosinho Cellar
The Fontaine Cellar
The Forge Cellar
The Fremont Cellar
The Gasquet Cellar
The Gaviota Cellar
The Gemsbok Cellar
The GigaBier Family Cellar
The Glenfield Cellar
The Gordon Cellar
The Granja del Norte Cellar
The Guadeloupe Cellar
The Hacienda Cellar
The Halifax Cellar
The Halliday Cellar
The Hallstatt Cellar
The Hayfork Cellar
The Hennepin Cellar
The Homard Cellar
The Home State Cellar
The Howley Cellar
The Ifrane Cellar
The Irvine Ranch Cellar
The Jardin Cellar
The Johnsbury Cellar
The Kapiskau Cellar
The Kassel Cellar
The Kawich Cellar
The Kelsey Cellar
The Kenmare Cellar
The Kiel Cellar
The Kimbell Cellar
The Kingsgate Cellar
The Klemtu Cellar
The L’Abbaye d’Orange Cellar
The La Palma Cellar
The Labrador Cellar
The Laguiole Cellar
The Langdon Cellar
The Laon Cellar
The Lark Cellar
The Lewiston Cellar
The Livorno Cellar
The Lobo Cellar
The Logan Cellar
The Longmire Cellar
The Lowden Cellar
The M. Peter Collection
The Madison Cellar
The Madrid Cellar
The Malbaie Cellar
The Maquereau Cellar
The Marin Cellar
The McMinnville Cellar
The Meldal Cellar
The Mendocino Cellar
The Minuit Cellar
The Moineau Cellar
The Moneda Cellar
The Montague Cellar
The Moonlight Cellar
The Moteur Cellar
The Mousson Cellar
The Multitude Cellar
The Normande Cellar
The Norris Cellar
The Norvège Cellar
The Oval Cellar
The Ozelot Cellar
The Paix Cellar
The Phoque Cellar
The Pigeonneau Cellar
The Pont Cellar
The Prairie Cellar
The Prestataire Cellar
The Privas Cellar
The Queen City Cellar
The Quiberon Cellar
The Quinoa Cellar
The Ramona Cellar
The Range Cellar
The Rapids Cellar
The Red Bank Cellar
The Redwood Cellar
The Regent Cellar
The Requin Cellar
The Revelstoke Cellar
The Romarin Cellar
The Roseau Cellar
The Rouge Cellar
The Sabine Cellar
The Saint Brieuc Cellar
The Saint Hubert Cellar
The San Simeon Cellar
The Sangre de Cristo Cellar
The Saône Cellar
The Sapinero Cellar
The Savoir Vivre Cellar
The Schaufel Cellar
The Sea Cliff Cellar
The Seabrook Cellar
The Selway Cellar
The Serre Chevalier Cellar
The Sierra Azul Cellar
The Silver Bay Cellar
The Slate Cellar
The Solano Cellar
The Souris Cellar
The Suédois Cellar
The Summerford Cellar
The Sycamore Cellar
The Tragurium Cellar
The Trapèze Cellar
The Triberg Cellar
The Trône Cellar
The Tunitas Cellar
The Ukiah Cellar
The Valley Cellar
The Vermilion Cellar
The Violon Cellar
The Wendigo Cellar
The Westport Cellar
The Westwood Cellar
The Wismar Cellar
The Wright Cellar
The Yekaterina Cellar
The Zèle Cellar
The Zeneta Cellar
Data pager
Data pager
First PagePrevious Page
12
Next PageLast Page
Page size:
PageSizeComboBox
select
 98 items in 2 pages
 LotDescriptionWatchBidding
Data pager
Data pager
First PagePrevious Page
12
Next PageLast Page
Page size:
PageSizeComboBox
select
 98 items in 2 pages
Bride Valley Cremant NV 2791 Bride Valley Cremant NV
Session Closed.

Englad.
Consists of 6 Bottles, 0.75L

The Sycamore Cellar

 Lot Location: Orange County

Estimate: $140

View Additional Information About This Lot

 
Login to bid



Seventy One Gin Eau de Nuit NV 4976 Seventy One Gin Eau de Nuit NV
Session Closed.

England.
Consists of 1 Bottle, 0.7L

The Conifère Cellar

 Lot Location: Orange County

Estimate: $450

View Additional Information About This Lot

 
Login to bid



Bruichladdich Distillery Unpeated Islay Single Malt Scotch Whisky The Classic Laddie Scottish Barley NV 4977 Bruichladdich Distillery Unpeated Islay Single Malt Scotch Whisky The Classic Laddie Scottish Barley NV
Session Closed.

Campbeltown.
Consists of 1 Bottle, 0.75L

The Paix Cellar

 Lot Location: Orange County

Estimate: $35

View Additional Information About This Lot

 
Login to bid



Longrow Single Malt Scotch Whisky Aged 14 Years NV 4978 Longrow Single Malt Scotch Whisky Aged 14 Years NV
Session Closed.

Campbeltown.
Consists of 1 Bottle, 0.7L

The Armature Cellar

 Lot Location: Orange County

Estimate: $1,200

View Additional Information About This Lot

 
Login to bid



Longrow Single Malt Scotch Whisky Aged 14 Years NV 4979 Longrow Single Malt Scotch Whisky Aged 14 Years NV
Session Closed.

Campbeltown.
Consists of 1 Bottle, 0.7L

The Armature Cellar

 Lot Location: Orange County

Estimate: $1,200

View Additional Information About This Lot

 
Login to bid



Chivas Brothers Scotch Malt Whisky The Century of Malts NV 4980 Chivas Brothers Scotch Malt Whisky The Century of Malts NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Conifère Cellar

 Lot Location: Orange County

Estimate: $450

View Additional Information About This Lot

 
Login to bid



Glendronach Highland Single Malt Scotch Whisky Single Cask Aged 21-Years-Old 1993 4981 Glendronach Highland Single Malt Scotch Whisky Single Cask Aged 21-Years-Old 1993
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Casier Cellar

 Lot Location: Orange County

Estimate: $1,525

View Additional Information About This Lot

 
Login to bid



Glenmorangie Highland Single Malt Port Wood Finish Scotch Whisky Aged 12 Years NV 4982 Glenmorangie Highland Single Malt Port Wood Finish Scotch Whisky Aged 12 Years NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Bandon Cellar

 Lot Location: Orange County

Estimate: $200

View Additional Information About This Lot

 
Login to bid



Macallan Highland Single Malt Scotch Whisky A Night On Earth NV 4983 Macallan Highland Single Malt Scotch Whisky A Night On Earth NV
Session Closed.

Highlands.
Consists of 1 , 0.70L

The Armature Cellar

 Lot Location: Orange County

Estimate: $200

View Additional Information About This Lot

 
Login to bid



Macallan Highland Single Malt Scotch Whisky A Night On Earth NV 4984 Macallan Highland Single Malt Scotch Whisky A Night On Earth NV
Session Closed.

Highlands.
Consists of 1 , 0.70L

The Armature Cellar

 Lot Location: Orange County

Estimate: $200

View Additional Information About This Lot

 
Login to bid



Macallan Highland Single Malt Scotch Whisky Archival Series Folio 7 NV 4985 Macallan Highland Single Malt Scotch Whisky Archival Series Folio 7 NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.7L

The Armature Cellar

 Lot Location: Orange County

Estimate: $2,250

View Additional Information About This Lot

 
Login to bid



Macallan Highland Single Malt Scotch Whisky Archival Series Folio 7 NV 4986 Macallan Highland Single Malt Scotch Whisky Archival Series Folio 7 NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.7L

The Armature Cellar

 Lot Location: Orange County

Estimate: $2,250

View Additional Information About This Lot

 
Login to bid



Macallan Pure Highland Malt Scotch Whisky The 1874 NV 4987 Macallan Pure Highland Malt Scotch Whisky The 1874 NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L OWC.

The Carrazeda Cellar

 Lot Location: Orange County

Estimate: $850

View Additional Information About This Lot

 
Login to bid



Macallan Pure Highland Malt Scotch Whisky The 1874 NV 4988 Macallan Pure Highland Malt Scotch Whisky The 1874 NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L OWC.

The Carrazeda Cellar

 Lot Location: Orange County

Estimate: $850

View Additional Information About This Lot

 
Login to bid



The Macallan Single Highland Malt Scotch Whisky Gran Reserva 18-Years-Old 1980 4989 The Macallan Single Highland Malt Scotch Whisky Gran Reserva 18-Years-Old 1980
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L OWC.

The Carrazeda Cellar

 Lot Location: Orange County

Estimate: $5,800

View Additional Information About This Lot

 
Login to bid



The Macallan The Harmony Collection Inspired by Intense Arabica Highland Single Malt Scotch Whisky NV 4990 The Macallan The Harmony Collection Inspired by Intense Arabica Highland Single Malt Scotch Whisky NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Armature Cellar

 Lot Location: Orange County

Estimate: $200

View Additional Information About This Lot

 
Login to bid



The Macallan The Harmony Collection Inspired by Smooth Arabica Highland Single Malt Scotch Whisky NV 4991 The Macallan The Harmony Collection Inspired by Smooth Arabica Highland Single Malt Scotch Whisky NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Armature Cellar

 Lot Location: Orange County

Estimate: $750

View Additional Information About This Lot

 
Login to bid



The Macallan The Harmony Collection Inspired by Smooth Arabica Highland Single Malt Scotch Whisky NV 4992 The Macallan The Harmony Collection Inspired by Smooth Arabica Highland Single Malt Scotch Whisky NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Armature Cellar

 Lot Location: Orange County

Estimate: $750

View Additional Information About This Lot

 
Login to bid



The Macallan The Harmony Collection Inspired by Smooth Arabica Highland Single Malt Scotch Whisky NV 4993 The Macallan The Harmony Collection Inspired by Smooth Arabica Highland Single Malt Scotch Whisky NV
Session Closed.

Highlands.
Consists of 1 Bottle, 0.75L

The Armature Cellar

 Lot Location: Orange County

Estimate: $750

View Additional Information About This Lot

 
Login to bid



Laphroaig Islay Single Malt Scotch Whiskey Brodir Port Wood Finish NV 4994 Laphroaig Islay Single Malt Scotch Whiskey Brodir Port Wood Finish NV
Session Closed.

Islay.
Consists of 1 Bottle, 0.7L

The Casier Cellar

 Lot Location: Orange County

Estimate: $400

View Additional Information About This Lot

 
Login to bid



Laphroaig Islay Single Malt Scotch Whisky An Cuan Mor NV 4995 Laphroaig Islay Single Malt Scotch Whisky An Cuan Mor NV
Session Closed.

Islay.
Consists of 1 Bottle, 0.7L

The Casier Cellar

 Lot Location: Orange County

Estimate: $300

View Additional Information About This Lot

 
Login to bid



Laphroaig Islay Single Malt Scotch Whisky Cairdeas (200th Anniversary Edition) 2011 4996 Laphroaig Islay Single Malt Scotch Whisky Cairdeas (200th Anniversary Edition) 2011
Session Closed.

Islay.
Consists of 1 Bottle, 0.75L

The Casier Cellar

 Lot Location: Orange County

Estimate: $400

View Additional Information About This Lot

 
Login to bid



Octomore Islay Single Malt Scotch Whisky Edition 06.1 5-Years-Old NV 4997 Octomore Islay Single Malt Scotch Whisky Edition 06.1 5-Years-Old NV
Session Closed.

Islay.
Consists of 1 Bottle, 0.75L

The Paix Cellar

 Lot Location: Orange County

Estimate: $225

View Additional Information About This Lot

 
Login to bid



Knockdhu anCnoc 12 Year Old Single Malt Scotch Whisky NV 4998 Knockdhu anCnoc 12 Year Old Single Malt Scotch Whisky NV
Session Closed.

Scotland.
Consists of 1 Bottle, 0.75L

The Bandon Cellar

 Lot Location: Orange County

Estimate: $60

View Additional Information About This Lot

 
Login to bid



Loch Lomond Cristie Kerr Cellars Edition Single Malt Scotch Whisky 2002 4999 Loch Lomond Cristie Kerr Cellars Edition Single Malt Scotch Whisky 2002
Session Closed.

Scotland.
Consists of 1 Bottle, 0.75L

The Colombe Cellar

 Lot Location: Orange County

Estimate: $120

View Additional Information About This Lot

 
Login to bid



Tomatin Single Malt Highland Scotch Whisky 25-Years-Old NV 5000 Tomatin Single Malt Highland Scotch Whisky 25-Years-Old NV
Session Closed.

Scotland.
Consists of 1 Bottle, 0.75L

The Armature Cellar

 Lot Location: Orange County

Estimate: $500

View Additional Information About This Lot

 
Login to bid



Alexander Murray & Co Strathmill Distillery 24 Year Old Single Malt Scotch Whisk 1992 5001 Alexander Murray & Co Strathmill Distillery 24 Year Old Single Malt Scotch Whisk 1992
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Arctique Cellar

 Lot Location: Orange County

Estimate: $200

View Additional Information About This Lot

 
Login to bid



GlenFiddich Single Malt Scotch Whisky Bourbon Barrel Reserve 14-Years-Old NV 5002 GlenFiddich Single Malt Scotch Whisky Bourbon Barrel Reserve 14-Years-Old NV
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Paix Cellar

 Lot Location: Orange County

Estimate: $40

View Additional Information About This Lot

 
Login to bid



Johnnie Walker Blended Malt Scotch Whisky Green Label 15-Years-Old NV 5003 Johnnie Walker Blended Malt Scotch Whisky Green Label 15-Years-Old NV
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Conifère Cellar

 Lot Location: Orange County

Estimate: $250

View Additional Information About This Lot

 
Login to bid



Macallan Malt Whisky of Speyside 1841 Replica NV 5004 Macallan Malt Whisky of Speyside 1841 Replica NV
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Carrazeda Cellar

 Lot Location: Orange County

Estimate: $900

View Additional Information About This Lot

 
Login to bid



Macallan Malt Whisky of Speyside 1841 Replica NV 5005 Macallan Malt Whisky of Speyside 1841 Replica NV
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Carrazeda Cellar

 Lot Location: Orange County

Estimate: $900

View Additional Information About This Lot

 
Login to bid



The Macallan Highland Single Malt Scotch Whisky Double Cask 12-Years-Old NV 5006 The Macallan Highland Single Malt Scotch Whisky Double Cask 12-Years-Old NV
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Arctique Cellar

 Lot Location: Orange County

Estimate: $100

View Additional Information About This Lot

 
Login to bid



The Macallan Millennium Decanter 50-Years-Old 1949 5007 The Macallan Millennium Decanter 50-Years-Old 1949
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L OWC.

The Carrazeda Cellar

 Lot Location: Orange County

Estimate: $75,000

View Additional Information About This Lot

 
Login to bid



The Singleton Single Malt Scotch Whisky Aged 14 Years Cask Strength NV 5008 The Singleton Single Malt Scotch Whisky Aged 14 Years Cask Strength NV
Session Closed.

Speyside.
Consists of 1 Bottle, 0.75L

The Armature Cellar

 Lot Location: Orange County

Estimate: $180

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5428 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5429 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5430 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5431 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5432 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5433 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5434 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5435 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5436 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5437 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5438 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5439 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5440 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5441 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5442 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



The Busker Irish Whisky NV 5443 The Busker Irish Whisky NV
Session Closed.

County Antrim.
Consists of 1 Bottle, 0.75L

The Normande Cellar

 Lot Location: Orange County

Estimate: $15

View Additional Information About This Lot

 
Login to bid



Indicates you are the winner of a lot - Indicates you are the winner of a lot.
Indicates you are the highest bidder of the lot - Indicates you are the highest bidder for a specific lot.
Indicates you are have been outbid on this lot - Indicates you have been outbid on a specific lot.
*Price includes BP if auction is closed
^Reserve not met