Fine Wine Goes Under Hammer

Over 4,000 bottles of fine wine are to go under the auctioneer’s hammer following the collapse of one of the country’s top wine clubs.

The spectacular sell-off has been ordered by the insolvency practitioners now handling the winding up of 3D Wines, which was based at Swineshead near Boston. The company ceased trading earlier this month and went into voluntary liquidation on 23 September.

Founded in the early 1990s, 3D Wines specialised in hunting down high quality French wines, including those produced by some of the smaller less well-known vineyards.

3D Wines arranged trips for club members to visit partner vineyards, collect wine and to attend wine-related events around France. Wine writer and broadcaster Oz Clarke filmed one of 3D’s grape picking events in the Loire Valley for the BBC Food & Drink programme.

Liquidators F.A. Simms & Partners have instructed Malcolm Good of auctioneers Eddisons to sell off the entire stock of the company. It is going under the hammer in an online auction that is scheduled to close from 6pm on Thursday 10th October.

Auctioneer Paul Cooper said: “We’ve handled a number of high value drinks trade disposals around the country in the past couple of years but this auction is particularly noteworthy both in terms of the quantity and the quality of the wine.”

“We have been sent over 4,000 bottles, some of which have retail values of over £30 a bottle. The total retail value is circa £75,000 - £80,000.

“However, 3D’s edge was that as well as the famous names, they went off the beaten track to find and forge links with smaller winemakers who might be quite obscure but were producing superb wine. The auction reflects that. There are wines going under the hammer that even wine buffs will never have seen on general sale – because 3D bought the entire vintage for its wine club members.”

Paul added: “The auction extends to 350 lots. Most of the wines are being sold in cases of a dozen or half a dozen bottles, so members of the public have just as good a chance to get involved in the bidding as trade buyers. The lots are being sold without any reserves.”

The full auction catalogue is available at www.eddisonscjm.com & www.eddisons.com.  The viewing sessions are on Friday 4th October (1pm-4.30pm) and on Monday 7th October (10am-5pm) at the Auction Centre on Dunlop Way in Scunthorpe. The online auction is scheduled to end from 6pm on Thursday 10th October.

For further information or comment please contact Eddisons CJM on 01724-334411

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