Kanonkop has released for sale, in limited quantities to negocients only, the black label Pinotage 2006. This wine is made from the oldest vines on the farm, possibly 60 year old bush vines and sells for R1,000.00 ($132) per bottle.
Kanonkop Estate
One of the premier Cape Town wine farms, Kanonkop bottled for the first time in 1973 and continues to gather awards - like three top International Wine and Spirit Competition 2009 placings. They were Winemaker of the Year for Abrie Beeslaar, Best Red Blend for the Paul Sauer and Best South African Producer overall.
Wade Bales Wine Society and Cyber Cellar are the sole suppliers. The philosophy behind this exclusivity is explained by the estate co-owner, Paul Krige:
This wine is a highlight in Kanonkop’s history since the release of our first label in 1973. The first allocation to our two negocients will be 600 bottles with the next tranche of 400 bottles released a few months later once the market has determined the value of the wines.
With two negocients controlling the supply and demand, they will be able to buy back stock from willing sellers to sell on to parties willing to pay a higher price. This secondary market which the South African wine industry needs more of so as to establish itself as a producer of really premium wines, will open up a totally new set of dynamics in the wine industry, as well as create an appreciation for, and collectably of fine local wines.
