Strauss & Co says the initiative aims to provide prospective buyers with a selection of South Africa’s finest wines curated by wine expert and judge Jacobs, previously chairperson of the South African Sommelier Association.
The quality of the lots will be ensured by the expertise of Wine Cellar fine wine merchants, the auction house says.
Strauss & Co - well-known as high-priced fine art, decorative arts and jewellery auctioneers - says it believes the time is right to elevate South African wines to the same degree of collectability as the visual and decorative arts.
Interest in vintage South African wines is currently at an all-time high, especially as the country has now raised its profile in the local and international wine market.
“We have witnessed an immense appreciation in fine wine prices over the past decade. This coincides with a leap in quality and realisation of some of the incredible gems from the last century,” says Roland Peens, director of Wine Cellar.
He says extreme rarities such as Lanzerac 1957 and GS 1966 will be offered from assured provenances.
Vintage lots will be checked, recorked and bar-coded for future trade.
More recent icons such as Kanonkop, Klein Constantia, Boekenhoutskloof and Vilafonte will also be offered, along with “modern greats” by the Sadie family.
Lots will be sourced directly from leading producers as well as approved private cellars.
The first Fine Wine Auction will be staged by Strauss & Co in Joburg on June 8 followed by a similar Cape Town sale in September.