{"id":12473,"date":"2023-05-23T05:09:23","date_gmt":"2023-05-23T09:09:23","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/wine-writer-lewis-chester-brings-some-of-his-collection-to-auction\/"},"modified":"2023-05-23T05:09:24","modified_gmt":"2023-05-23T09:09:24","slug":"wine-writer-lewis-chester-brings-some-of-his-collection-to-auction","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=12473","title":{"rendered":"Wine Writer Lewis Chester Brings Some of His Collection to Auction"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-PENTAB-0000031248\">\n<p>Sotheby\u2019s Wine is kicking off its summer auction series with a single-owner collection from the cellar of Lewis Chester.\u00a0<\/p>\n<p>Set to close for bidding on June 1, the online auction represents only a fraction of one of Europe\u2019s most comprehensive private cellars, curated over decades by Chester. Best known as a fine wine and rare spirits writer, Chester\u2014the founder of the \u201cOscars of Fine Wine\u201d: The Golden Vines Awards\u2014is a prolific, determined collector.\u00a0<\/p>\n<div class=\"paywall\">\n<p>\u201cToday, my collection is far too big to contemplate consuming it all, although I have been giving it a good crack! Further, I own some incredible wines in large quantities, making perfect sense to let some of these be available for other fine wine lovers to enjoy,\u201d he said in a news release.<\/p>\n<p>With an estimated total value of more than \u00a31 million (US$1.2 million), the 776-lot sale includes 251 lots of Burgundy, including bottles from the great Burgundy domaines\u2014Rousseau, Dujac, Roumier, de Vog\u00fc\u00e9, Leflaive, Raveneau, and Dauvissat. The wines are being offered without reserve, meaning Lewis is not requiring a minimum price to sell.\u00a0<\/p>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.57142857142857%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\"><\/div>\n<\/figure><\/div>\n<p>Most of the collection was bought when the wines were released to the market\u2014either direct from the respective producers via allocation or from reputable U.K. merchants. Lewis immediately cellared the bottles in professional temperature-controlled storage.<\/p>\n<p>\u201cThe extraordinary quality of the wines on offer in this auction will undoubtedly appeal to both new and seasoned collectors, with the no reserve aspect adding an exciting new dimension to the sale,\u201d Gary Owen, head of auction sales, U.K., for Sotheby\u2019s Wine, said in the news release.<\/p>\n<p>As a collector, Chester began by focusing on Bordeaux <em>en primeur<\/em>, Champagne, and Burgundy, before branching out to acquire top labels from elsewhere in France as well as Tuscany,\u00a0 Piedmont, California, and Australia. (\u201cProvenance has always been of utmost importance to me,\u201d he said.)<\/p>\n<p>Champagne lovers can peruse 91 lots of Krug and Dom Perignon, from the very rare Clos of d\u2019Ambonnay and du Mesnil to P3 vintages and large formats. Another 70 lots encompass the finest cuvees of Vilmart, Philipponnat, and Pol Roger, among others.<\/p>\n<p>The selection also features exceptional wines from Bordeaux\u2014including first-growths Lafite, Latour, and Margaux in addition to wines from the Rh\u00f4ne, the Loire and Mosel Valleys, Piedmont, Tuscany, Switzerland, and California\u2019s Santa Cruz Mountains.\u00a0<\/p>\n<p>Earlier this year, Sotheby\u2019s Wine announced a new multi-year partnership with The Golden Vines Awards and the G\u00e9rard Basset Foundation, both co-founded by Chester. Sotheby\u2019s will conduct the Golden Vines Live Auction, which raises money for the foundation\u2019s work around diversity and inclusivity in the wine, spirits, and hospitality sector.\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/wine-writer-lewis-chester-brings-some-of-his-collection-to-auction-abfc3968?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sotheby\u2019s Wine is kicking off its summer auction series with a single-owner collection from the cellar of Lewis Chester.\u00a0 Set to close for bidding on June 1, the online auction represents only a fraction of one of Europe\u2019s most comprehensive private cellars, curated over decades by Chester. Best known as a fine wine and rare [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-12473","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wine Writer Lewis Chester Brings Some of His Collection to Auction | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Sotheby\u2019s Wine is kicking off its summer auction series with a single-owner collection from the cellar of Lewis Chester.\u00a0 Set to close for bidding on June\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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