1/7/2024 0 Comments Opus one 1998We reserve the right to reject any bid for any reason. The buyer's premium is equal to 17.5% of the hammer price up to and including $200,000, and 15% for the balance above $200,000. Given the high volume of requests for condition reports, however, we must reserve the right to limit such requests to those items with a pre-sale estimate of more than $500.Ī buyer's premium will be added to the hammer price of each lot sold. Although we do not include condition reports in this catalogue, our representatives are happy to assist you in determining the condition of items that you are interested in as they are able. We strongly encourage you to come and examine lots that you are interested in purchasing. In any event, any liability that The Potomack Company has for such a sale is limited to the purchase price of the item sold. a registered bidder) and does not extend to any subsequent purchasers. This guarantee is made only to the original buyer (i.e. If a buyer gives us notice within 14 days of the sale that an item that was purchased was a counterfeit and, within 7 days of such notice, provides a written report from an authority that demonstrates that the item was indeed counterfeit and that a fair reading of the catalogue description and the auctioneer's statements at the time of the sale did not indicate this, then The Potomack Company will rescind the sale and refund the purchase price to the buyer. A counterfeit for this purpose is defined as a modern fake or forgery that was made with the intent to deceive. Notwithstanding the preceding paragraph, The Potomack Company does offer a limited guarantee that items that are offered for sale are not counterfeit, unless otherwise noted in the catalogue or at the time of the sale. No statement in the catalogue, made at the sale, or otherwise, shall be construed to be a representation, warranty or admission of liability. Neither the Auctioneer nor The Potomack Company or its representatives is responsible for the accuracy of any printed or verbal communications and descriptions. Neither The Potomack Company nor the consignor makes any representations or warranties of any kind concerning any items offered for sale. The Auctioneer will only recognize bidders who have a number so you will not be able to bid for a lot without one.Īll items that are sold at our auctions are sold 'as - is'. In order to bid, you will need to register with a Potomack Company representative and obtain a bidding number. Although it is primarily Cabernet Sauvignon, Opus One makes use of Merlot, Cabernet Franc, Petit Verdot and Malbec in smaller percentages.The Potomack Company Terms and Conditions of Sale and Limited Guaranteeīy bidding on items at our auction, you agree to accept the following conditions: After an additional year and a half in bottle, Opus One is released to the market. The wine is then aged in new French oak for a year and a half, during which time blending takes place. The grapes are hand-harvested, and gravity flow is used to get the fruit from the destemmer into stainless steel tanks for fermentation. Opus One is a single wine, a Bordeaux Blend sourced from the estate vineyards in Oakville, which include blocks of the famous To Kalon vineyard. Opus One's brand grew considerably in the 1990s, particularly in markets outside of the United States, and in 2005, when Robert Mondavi Winery was acquired by Constellation Brands, Opus One also became part-owned by the multi-national company. It was released to the public in 1984, but had already attracted attention, as a single case of the wine had sold for $24,000 at the first Napa Valley Wine Auction in 1981. The collaboration was conceived in the 1970s and then first realised in 1979, when the first vintage of Opus One was created. It continues to be one of the most expensive Cabernet Sauvignon-dominant wines produced in Napa Valley. It was the first premium California wine sold in Europe. Opus One is one of the world's most famous wines, and is a partnership of two of the most respected figures from Bordeaux and Napa Valley, Baron Philippe de Rothschild of Château Mouton Rothschild and Robert Mondavi.
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