Are you ready for this?

[Roy Hersh]

"On December 12, we’re offering the finest collection of Madeira to come to the block since a similarly deep sale back in 2006. Dating back to 1715 Terrantez, the lots in this auction were sourced by our specialist Edwin Vos, who travelled to Madeira and worked directly with various families there to pull rarities from their cellars. As you can see from the attached, it’s an extensive offering, the kind that doesn’t come around very often.

I’m sending you this email because you were interested in the last big Madeira auction we did here in NYC. Hopefully you can find something interesting this time around.

Please be in touch if you have any questions, or would like to bid."

[Andreas Platt]

No, I am actually not ready.

Not since I have seen that they are offering Terrantez Reserva (compare here http://www.fortheloveofport.com/ftlopfo ... =2&t=16863) in the 6 pack!!! But the best: estimate is 12-18 grands.

I would be willing to buy 2 but 6??? The same with WS Boal.

I was even thinking about making the offer here to make a consolidated bid offer and then split the lot - but I guess this would involve quite some homework and would stress the main bidder out (paying all the money and then hoping for the others to actually pay...).

And I'm most worried that prices for those Christies-Madeiras in general will go through the roof.

One interesting bottle is the CTO Canteiro Verdelho 1860...bottle looks similar to 2 I own myself but mine are definetely Terrantez 1730(compare here http://www.cellartracker.com/wine.asp?iWine=1128049).

[Eric Ifune]

I've actually bid on a large number of lots, doubt I'll win more than a small fraction however.
I also got an email for a pre-auction tasting. I sent a reply but didn't get a response. I'm guessing it filled up in an instant.

[Andreas Platt]

Hmm Eric,

asking myself if it would make sense to coordinate the bids to avoid bidding against ourselves.

I would prefer doing this via pm - interested?

Cheers

[Andreas Platt]

Bidding has ended - plain crazy prices...bid on ~ 15 lots..."won" zero.

20 grands for 1 bottle of the 1715...not bad.
20 grands for 2 bottles of 1846T Borges also not bad...isn't it
25 grands for 6 bottles of H&H T Reserva

[Roy Hersh]

Did you see that the 1715 Terrantez set a world record at $26,950.

Really impressive. I hope you guys had some luck!

A great lineup but things did not go cheap, that is for sure. I was invited by Edwin to take part in the pre-auction Madeira tasting, but I just couldn't swing another trip, right before I head out during the holidays.

[Eric Ifune]

Bid on 38 lots. I think I may have gotten one. Some incredible prices! So much for working overtime in the hopes of affording more. I guess I'll spend it somewhere else!

[Paul Day]

It was fascinating to follow this online from London, having attended the December 2013 London sale in person.
The 2013 prices, which were surprising at the time, now look more than reasonable.

I was particularly interested in four lots, and bought the three more modestly priced ones all above top estimate, but nothing crazy.
I was also interested in the 1820 Terrantez (hoping to split the four bottles with a friend) but I couldn't even get a single bid in as the price escalated so quickly.

[Reidar Andersen]

Any link go final prices ?

[Gary Banker]

Any link go final prices ?

http://www.christies.com/lotfinder/sale ... wType=list

[Reidar Andersen]

Thanks, Gary

[Eric Ifune]

I'm of mixed views on the results of this auction.
It does increase the visibility of Madeira to the world at large.
The wines I already own are probably worth more , but now it's more difficult to get other wines I'm interest in!

[Gary Banker]

I think that someone commented later in the year after the Transcendental Terrantez Tasting, that auction prices seemed to have gone up after the reports on the tasting were published. Maybe that started a continuing trend.

[Eric Ifune]

I think so. Prices seem double or even triple relative to beforehand.

[Reidar Andersen]

"Where have all the 1795 and 1802 T's gone?" What I mean is I have not seen any prices for these for a long time ... Especially since 1846 T got so high... I have two 1846 T bought 10-12 years ago and did not pay so much. ( Will check later ).

[Andreas Platt]

"I have two 1846 T bought 10-12 years ago and did not pay so much. ( Will check later ).

Well - I had a look at mine...was a no-brainer when available at 500 Euros in 2010.

[Eric Ifune]

I just got my invoice from Christies. I actually won three lots. I guess some bidders renigned on their bids. I thought that wasn't allowed.

[Gary Banker]

I broke out the terrantez lots and did a little analysis:
I will also look at predicted vs. actual.

Lot Qty Vintage Wine auction price price per bottle
287 1 1715 JCA & Ca Kassab Terrantez 26,950 26,950
290 1 1760 Terrantez HM Borges 11,025 11,025
291 1 1760 Terrantez HM Borges 9,800 9,800
292 1 1760 Terrantez HM Borges 10,413 10,413
293 1 1760 Terrantez HM Borges 10,413 10,413
326 4 1820 Terrantez Reserva 23,275 5,819
327 1 1830 Terrantez Reserva 2,450 2,450
328 1 1835 Terrantez Seco T SP 1,593 1,593
314 2 1842 Terrantez 5,513 2,757
305 2 1846 Terrantez Borges 20,825 10,413
329 1 1850 Terrantez Reserva 1,715 1,715
294 3 1860 Terrantez HM Borges 5,880 1,960
295 3 1877 Terrantez HM Borges 6,125 2,042
340 2 1883 Terrantez Reserva 2,695 1,348
341 12 1890 Terrantez 7,350 613
342 4 1890 Terrantez 2,695 674
365 1 1894 Terrantez 1,103 1,103
397 3 1900 Terrantez 2,940 980
383 3 1976 Terrantez Henriques & Henriques 980 327
401 6 1976 Blandy's Terrantez 1,103 184
347 1 mixed Tarrantez Meio Seco 368 368
351 6 mixed H&H, Terrantez Reserva 31,850 5,308

low: 184
mean: 4,921
median: 2,001
high: 26,950

[Steve Pollack]

I just got my invoice from Christies. I actually won three lots. I guess some bidders renigned on their bids. I thought that wasn't allowed.

Congrats! What did you win?

[Eric Ifune]

One bottle of ABSL 1920 M.
One bottle of ABSL M Velho 1933 and one bottle of Sercial.
And one of the lots of 6 bottles of the Torre Bella Sercial 1865.