Premiere Napa Valley Wows with $5 Million Total
2/20/2016 - St. Helena, CA- Emphatic market demand for unique Napa Valley wine offerings resulted in a $5 million fundraising total for the Napa Valley Vintners (NVV) at today's Premiere Napa Valley barrel tasting and auction, the third highest amount raised in the event's 20-year history.
Of the 226 lots sold, 199 were from the 2014 harvest, the third in a string of some of Napa Valley's most critically acclaimed vintages.
"The collectability of Napa Valley's rarest wines was on dramatic display today," noted Emma Swain, president of the NVV's board of directors and CEO of St. Supéry Estate Vineyards & Winery. "We are grateful to our friends and colleagues in the wine trade who join us year after year, seeking out the excellence and endless possibilities of our winemaking."
With more than 1,000 wine professionals in attendance, the 2016 Premiere Napa Valley event showcased both long-established brands and newcomers to the Napa Valley winemaking scene. The annual barrel tasting and auction, which is open to licensed members of the trade who procure wines on behalf of discerning customers and collectors, is the longest-running regional barrel auction of wine futures in the U.S.