3rd ever Wine auction in Philippines to start May 25th, 2011 at Clark Field Pampanga
05/14/2011

Philippines 3rd ever Wine Auction Start Date of May 25th, 2011 Announced Today. Clark Field Private Wine Auctioneers Offers 300 Lots of Fine Vintage Wine in Angeles Pampanga near Manila; rare vintage wines made available to wine lovers attending from Manila, Cebu, Hong Kong, China and other Asian cities.

Online PR News – 14-May-2011 – – CLARK FIELD FREEPORT ZONE, Angeles City, Pampanga

Philippines 3rd ever Wine Auction Start Date of May 25th, 2011 Announced Today. Clark Field Private Wine Auctioneers Offers an expected 300 Lots of Fine Vintage Wines mainly stemming from the Australia-New Zealand wine producing regions to be offered up to bidders. In Angeles Pampanga near Manila; rare vintage wines will be made available to wine lovers attending from Manila, Cebu, Hong Kong, China and many other nearby Asian cities.

First Ever Wine Auction in Pampanga Angeles City Philippines was held by Yats Wine Cellars on Saturday 31st April 2011, and was a smashing success and over 150 lots of fine vintage wines rarely seen in Manila were sold with no wines left behind. Every single bottle and every label was sold to aggressive bidders for well above expected bid price.

The registration fees for interested sellers with a view to sell their fine wines at The Clark Field Private Wine Auction to be held on May 25th, 2011 are:

Priority Auction $950.00 USD (Registration Period: May 10th-17th, 2011).

Ordinary Auction $550.00 USD (Registration Period: May 12th-23rd, 2011).

For registration details and how to make payment of registration fees and to inquire about the benefits of the Priority Auction contact Arnold Aguas by phone at:

+(63) 908-638-4341

or by email at:

aguasarnold@ymail.com

(Registration is expected to be at least 35% oversubscribed within the first 3-4 days of the start of the registration period due to the increasing popularity of wine auctions in the Philippines so a strict first come first served policy will be adhered to).

"Wine lovers from Manila, Subic, Cebu, Angeles City Pampanga and Clark Philippines and throughout Asia will be treated to an exciting day of buying fine vintage at attractive prices in the second ever wine auction to be held in Pampanga." commented fine wine valuation expert Arnold Aguas. He further stated that "Philippines wine lovers frequently travel out of the country to attend wine auctions in America, Australia and more recently in the new wine capital of the world, Hong Kong. To a wine enthusiast, a wine auction is a memorable experience and very often good vintage wines can be acquired at very low prices. Moreover, it is only in wine auctions that wines that are hard to find in the market can be found".

A leading supplier of fine vintage wines, Clark Field Private Wine House & Clark Field Private Wine Auctioneers team up to react to popular demand for wine auctions to be held here in the Philippines with 7 auctions planned for the rest of 2011.

Although several smaller and more informal private wine auctions have been successfully organized by Clark Field Private Wine Auctioneers in Clark Field Freeport Zone Pampanga, this auction is the first wine event of this scale with a focus on Australian fine wines.

Arnold stated that "With registration only started yesterday the Auction is already 60% subscribed and is expected to be another huge hit with entrants from Malaysia, Macau, Singapore, Hong Kong and Mainland China making up the bulk of paid registrants so far".

Stephen Davis, a Clark Field Private Wine Auctioneers spokesman said “The auction theme is a virtual auction with wines to be held by their owners until paid by the successful bidders upon which time they will be transported to the buyers nominated storage facility”. He further stated that “All fine wine portfolios will be displayed throughout the venue on giant digital displays 100 feet wide and 50 feet high in a sure to be loved virtual display format which is sure to be a huge hit with attendee’s”.

The auction will be held at the Philexcel Compound located in the heart of Clark Field, Angeles City, Pampanga, Philippines.

Among the highlights of the recently held Yats auction on April 31st, 2011 which attracted heated bidding were:

6 bottles of the 99 pointer Penfolds Grange 2004 at Php 105,000;

the rare flight of Penfolds Grange Multi Vintage 2001-05 at Php 90,000;

and the 100 pointer Château Leoville-Las Cases St. Julien 2000 at Php 27,000.

Other bottles that exceeded pre-sale estimates included the:

2004 Castelgiocondo Brunello di Montalcino (6 bottles at Php 18,000),

Teaninch 23 YO Single Malt (1 bottle at Php 12,500),

2006 Lucente (6 bottles at 13,000)

and Remy Martin Otard XO Gold Cognac (Php 8,000).

Spokeswoman Vivian Tan remarked "We are delighted to have hosted the very first wines and spirits auction in the country which has been a smashing success. It is clear that whilst the Philippines is a relatively young market, there are more and more connoisseurs and budding collectors looking for good bargains of stellar wines and spirits. Adding to the tasting experience of 100 wines from our portfolio, the auction has been a great learning opportunity for many of us about the perceived value of wines and spirits, about the difference in varietals, vintages, 'old' world vs 'new' world, wines for investment and those ripe to drink. This is definitely the first of many auctions to come."