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  • Writer's pictureSusan R Lin

Archives: My First Fine Wine Auction

Updated: Jan 15, 2021

Now doesn't that sound like a "My First ..." children's book? Maybe not. Nonetheless, here is a 2014 post from my Blogger archives in which I share my experiences from my first fine wine auction, after I'd recently begun working in the wine industry. While I can't say I've felt the same excitement at such tastings over time as I did back then, I still feel a frisson every time I hold an amazing bottle of wine in my hands. 99.9% of the time these wines are not for me to enjoy, but they are "mine" in terms of the company's for a short period, at least. I know they will go to a discerning customer, and that is a deeply satisfying feeling.


Auction Time! (August 2014)


A bottle from my first fine wine auction in 2014
1999 J.F. Mugnier Musigny Grand Cru - not mine!

On Bastille Day I began a new adventure in the industry and within one week found myself tasked with making a shortlist of Burgundy selections for the company to bid on at the Bonhams Fine & Rare Wines auction in San Francisco. With lots such as four bottles of 1998 Domaine Leroy Musigny listed for the reserve price $10,000 - $15,000, it was an interesting first auction foray for me.


Okay, 'interesting' doesn't quite describe how I felt about my first wine auction. 'Painstakingly controlled exuberance' is closer to the truth. Perhaps soon enough I'll be completely blasé about auctions, since they are technically business transactions. But to me, that is only part of the story.


There is something ineffable and special about an individual bottle of wine, especially something like a Magnum of 1982 Lafite Rothschild. There is the history and heritage of the producer and the wine, and there's the story of the bottle itself: whose hands it had passed through, how it got here, and where it will go next. This isn't necessarily sentimental, either; it's simply fascinating to me. It is a journey; it is life. I imagine I will always feel this way about it.


I attended the pre-auction tasting although not surprisingly, none of the wines on my shortlist were available to taste. There were quite a few individual buyers there claiming to be "looking for a bargain" at an average of several hundred dollars a bottle. I guess I live in a different world since that is a tidy sum of money from my perspective! I tasted every wine there, from France to California, as part of my learning experience. Perhaps because of my assiduous note-taking, some attendees began to follow me about, asking for my opinion on this or that wine. I was honest in my tasting notes with them, although I wondered why they wanted to know my thoughts!


My favorites at the tasting were poles apart: 1982 Henri Boillot Meursault (the most creamy, luxurious liquid caramel popcorn you'll ever have) and a 2004 Pax Syrah Lauterbach Hill Russian River Valley (it didn't strike me as a "classic" Syrah, but it was one of the most balanced wines in the tasting lineup. It was like a slightly spicier, cool climate California Cabernet Sauvignon).


Our bids went in on my birthday, my Burgundy selections alongside a number of cult Napa wines. Two days later the results were in and I couldn't help but leap from my chair and whoop when I saw that we had won the lot for the 1999 J.F. Mugnier Le Musigny (among lots for the 2009 Richebourg and 2005 Grands-Échézeaux ... hooray!). I'm still not sure why, but for some reason I had really hoped to procure that one. I do have people in mind for whom the wine will be greatly enjoyed, but I feel a bit of pride in ownership myself ... just a little!


I know that this really isn't a big deal in the grand scheme of things, and that bigger auctions with even more highly touted wines will be around the corner. That said, every experience in life is to be had one at a time, to be enjoyed and to be learned from as much as possible. So while I feel somewhat silly to be jumping up and down about the Burgundian booty from my first auction, I will allow myself this first flush of excitement.


After all, life is like wine: Each bottle is ultimately a mystery; you never know what exactly it will be like upon opening, and you never know how it will evolve. And for some, you have to make that decision of when to hold on for longer or when to bite the bullet and crack it open. Most of all, that $9 wine from Spain you bought at Trader Joe's could absolutely blow the label off a $11,000 1982 Domaine de la Romanée-Conti Romanée Conti for your particular preferences. You never know, and that's the beauty of it. So I will continue to embrace the experience of new adventures, however trite or silly my reactions might seem.

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