Bidding and Buying

The Nederburg Auction, a premier event on the South African wine calendar, holds its annual auction of rare and fine wines once a year, over two days, at Nederburg in Paarl, home to South Africa’s most awarded winery. The auction takes place in the spacious Johann Graue Hall, adjacent to the spectacular vineyards and stately Nederburg Manor House.
Guidelines for bidding and buying are set out below:

Reserve Price
:

This is the minimum price that the auctioneer is willing to accept for the wine item, and appears as a reserve price per case next to each wine item in the catalogue.

Pre-Auction Tastings
:

The organisers of the Nederburg Auction host a series of pre-auction tasting events in the major regions for both the trade and the public two months prior to the auction. Please refer to the calendar of events for further details. Additionally, buyers are afforded an opportunity to taste all the wines on auction on the morning of the event itself, prior to the start of the auction.
Bidding at the Auction
The auctioneer will accept bids from those present in the Auction Hall, by absentee written bids left in advance or from telephone bidders. The auctioneer may bid on behalf of the seller up to the amount of the reserve, by placing consecutive or responsive bids for a lot.

In person:

Only persons with a buyer’s paddle are entitled to bid. Bidding paddles should be obtained prior to the auction from the Information Marquee, and must be produced at the request of the auctioneer. Bidding paddles will be issued to licensed liquor dealers or their duly authorised agents and not to the general public. The onus is on the bidder to ensure that the auctioneer is aware of the bid and that the correct lot number, bidder’s number and price are called out.

Absentee written bids:

These are written instructions from prospective buyers instructing the auctioneer to bid on their behalf up to a specific amount for each lot. Although bidders are advised to record the maximum limit to which they will bid they may well be successful in securing the lot at a lower figure, depending on the interest in the lot. In the event of an identical bid, the earliest received will take precedence. Telephoned Absentee bids must be confirmed before the sale in writing. Please ensure that Absentee bids are submitted at least 24 hours before the sale.

Telephone bids:

Bidders who are unable to attend the auction may arrange to bid on the telephone. A telephone clerk will call you from the Auction Hall and bid on your behalf. To register, please contact the Nederburg Auction office.  As the number of telephone lines is limited, it is advisable to book a telephone at least 24 hours before the sale. In the event of a breakdown in the telephone communications, it is advisable to leave a maximum bid as a safeguard. Telephone bids may be recorded.

The auctioneer has the right to:
•    depart from a sequence stated in the catalogue
•    offer two or more lots together
•    withdraw any lot from the sale, without having to give any reasons for doing so.

Bidding will start with the lowest bid and will advance in accordance with successive higher bids until a bid is accepted by the auctioneer. The auctioneer will knock down a lot or group of lots of products on offer to the person making such a bid, and also reserves the right in his absolute discretion to accept a bid, provided that no bid for any lot below the Reserve price for the products will be accepted.Bids for each lot or group of lots offered must be made on the price for a single case unit in such a lot or group of lots, irrespective of the number of cases on offer.