Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


The Wine Auction Room celebrates legendary Heroes and Icons

A pre-WW2 cognac, a unique Penfolds Grange vertical of magnums never sold before in NZ, and rare rum that is no longer made, as well as whiskies and other spirits from the 50s, 60s and 70s, are all going under the hammer at The Wine Auction Room’s Heroes and Icons auction.

The auction will be held at Caro’s Grey Lynn on Tuesday 3 September at 6:30 pm and streamed live on

“This collection is a reflection of vintages that are highly coveted and rarely seen. They are the heroes and icons of the fine wine and spirits world,” says owner and auctioneer Reece Warren.

“Undoubtedly, the vertical of Penfolds Grange magnums, one each from 1999 - 2012 (but not 2011 as there wasn’t a commercial release of magnums that year) will be of great interest to all wine connoisseurs. A vertical collection like this, in magnums, has never been seen in New Zealand before,” says Reece.
Penfolds (the producers of Grange) is the only winery to be given a heritage listing in Australia and was this year named the World’s Most Admired Wine Brand for the second year in a row by Drinks International.

For those who like something a little stronger, there is a Remy Martin Louis XIII from 1938-40 going under the hammer with the original bottle and stopper both etched with the number 1.

“The etchings could suggest this is the first bottle in this bottle run of the cognac which is released in the iconic Baccarat crystal decanter. Considered one of the highest-quality cognacs on the market today, we expect strong demand from New Zealand and overseas for this lot. Our estimate is it will sell somewhere between $3,500 and $5,000, although overseas sales have been as high as $8,000,” says Reece.

With more than 200 lots available, there is something for all taste buds and price range in the Heroes and Icons auction. “We have spirits from a bygone era which were all shipped out from New York many years ago, including a Ron Rico 151 overproof rum which is no longer produced,” says Reece.

“Also available are many prestige vintage champagnes from the likes of Louis Roederer, Dom Perignon and Krug, plus Bordeaux wines including superstars Chateaux Angelus and Cheval Blanc from the Right Bank and many First Growths and Classed Growths from the Left Bank including wines from the hallowed 1982 vintage.”

Wines and spirits to be auctioned on September 3 include:

New Zealand
Te Mata, Stonyridge, Destiny Bay

Penfolds Grange, Henschke Hill of Grace, Torbreck Run Rig

Chateaux Angelus and Cheval Blanc, Chateau Gloria 1982 in its original wooden case, Dom Perignon, Chateau d’Yquem, Chateau Rieussec, Chateau Climens, Krug, Salon, Louis Roederer, Lanson, Remy Martin and Hennessy

Vintage ports from 1963 and 1970, Johnnie Walker Black Label, Ron Rico rum

© Scoop Media

Business Headlines | Sci-Tech Headlines


Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>


XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>


Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>


Economy: COVID-19 Contributes To 1.6 Percent Fall In March Quarter GDP

Gross domestic product (GDP) fell 1.6 percent in the March 2020 quarter, the largest drop in 29 years, as the initial effects of COVID-19 restrictions impacted on economic activity, Stats NZ said today. This quarter’s GDP results showed a widespread drop ... More>>


Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>


ASB: Investor Confidence Falls To Four-Year Low

As the world grapples with the fallout from the most significant pandemic the world has seen in a century, economic concerns are weighing on investors, dragging investor confidence down to a four-year low in the first quarter of the year. For the three ... More>>


Science Media Centre: Funding For R&D In New Zealand – Expert Reaction

Research, Science and Innovation Minister Dr Megan Woods has today announced $401.3 million funding for research and development through Budget 2020 and the COVID Response and Recovery Fund. The fund includes $150 million for an R&D loan scheme, ... More>>


Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>


Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>

DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>


Potatoes New Zealand: Protecting NZ Fries As Part Of PNZ Pandemic Recovery & Transformation Plan

Potatoes New Zealand has met with Minister Faafoi this week to discuss investigating the potential importation of heavily discounted frozen potato chips into New Zealand. With MBIE’s support we are undertaking an investigation to gather evidence of the ... More>>


New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>


Science Media Centre: Understanding 5G Concerns – Expert Q&A

Recent attacks on cell phone towers have brought concerns over the rollout of 5G technology into sharp relief.
While scientific research has consistently shown that the technology does not adversely affect human health, public concerns about its impact have spread around the world, fueled in part by growing misinformation online. The SMC asked experts to comment... More>>


Trade: Record Monthly Surplus As Imports Dive

Imports in April 2020 had their biggest fall since October 2009, resulting in a monthly trade surplus of $1.3 billion, Stats NZ said today. “This is the largest monthly trade surplus on record and the annual goods trade deficit is the lowest ... More>>