(November 8, 2010; Irvine, CA)—Spectrum Wine Auctions, California’s leading auction house of fine and rare wine and an industry leader in the implementation of cutting-edge technology, will hold its next internet-only auction on Nov. 11 at 10:00 a.m. PST. Spectrum Wine’s online sales are consignment-based and offer consumers around the world access to cellared wines of various price points, vintages and regions rarely found in traditional retail outlets. These online auctions offer many single bottle lots, a great opportunity for those wishing to buy collectible wines to consume without having to invest in a full 12-bottle case. The bi-monthly auctions are held in addition to Spectrum Wine’s quarterly live auctions in California and Hong Kong and are accessible at www.spectrumwine.com.
Spectrum Wine’s internet-only auctions take place in real-time on the second and fourth Thursday of every month with pre-bidding beginning two weeks prior. Spectrum Wine’s website makes finding a particular bottle easy with search capabilities sorted by region, producer, vintage and bottle size. Many of the lots feature reviews from wine critics and are displayed online via 360-degree bottle shots, allowing bidders to rotate and zoom in on images of the actual bottles to get an accurate preview of the bottle condition and ullage levels.
“One of the greatest benefits of Spectrum Wine’s internet-only auctions is the broad range of wines accessible with the click of a mouse,” says Spectrum Wine president, Jason Boland. “Bidders will find collectible wines from big name producers as well as lesser-known fine wines from all over the world that have been properly cellared and ready to enjoy,” he says.
Examples of the variety of wines available through Spectrum Wine’s online auctions are evident in the Nov. 11 sale. From an extensive offering of single bottle lots from Château Mouton Rothschild 1943-1994, to a single bottle of 1961 Petrus (est. $6,000), to a bottle of 2004 Peter Michael L’Espirit des Pavots (est. $45) and offerings from diverse regions such as Barolo, Rioja, Alsace and McLaren Vale, there is something for every wine lover.
Spectrum Wine Auctions is one of the few auction houses to offer sales during the summer and the only one to ship locally within Southern California during the summer months, using refrigerated shipping whenever necessary. For residents outside of Southern California, Spectrum Wine offers refrigerated storage and long-term wine management at the Wine Cellar Club in Irvine, the largest wine storage facility in Southern California.
About Spectrum Wine Auctions
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 of whether the firm has collected from each buyer, and the ability to consign both highly-collectible and commonly found wines.
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.
For more information on Spectrum Wine Auctions, please call at 949.748.4845 or visit www.spectrumwine.com.