Spectrum Wine Auctions Goes Mobile With New Ipad And Iphone Bidding App

Spectrum Wine Auctions, a California-based auction house of fine and rare wine, is bringing the power of mobile bidding into the palms of collectors' hands with the launch of its new iPad and iPhone bidding app. The app, titled "Spectrum Wine," launches today and is available to download for free via the iTunes and the iPhone App Store.

"As mobile technology infiltrates every aspect of our lives, we felt compelled to tap into the potential of the new medium to enable our customers to compete in real-time with collectors around the world, from anywhere in the world," says Spectrum Wine Auctions President, Jason Boland. "Our new app brings more convenience to our clients, and will ensure they never miss out on an important lot."

The app allows users to place online bids for both live and Internet auctions. Upon launching the app, users will be prompted to create their own personalized profile, complete with wine preferences and wish lists. The app will alert users of bidding opportunities as wine preferences become available. Auction lots are searchable by region, vintage, producer, classification, bottle size, and even packaging. Once a bid is placed, users will receive status notifications on bids. The app also offers streaming video from Spectrum Wine TV and a pricing guide.

The app is the newest addition to other innovative practices offered by Spectrum Wine, including a website with advanced real-time bidding software, streaming video of Spectrum Wine's Hong Kong sales to any computer with an Internet connection, as well as 360-degree images of each live lot. In addition to live auctions, Spectrum Wine also holds semimonthly Internet-only auctions.

Spectrum Wine Auctions Upcoming Live Auction Calendar:

The Autumn 2011 Auction, September 24 and 25, 2011, Grand Hyatt Hotel, Hong Kong
The Winter 2011 Auction, December 3 and 4, 2011, Grand Hyatt Hotel, Hong Kong
In partnership with Vanquish Wines Ltd., February 2012, London

About Spectrum Wine Auctions
Spectrum Wine Auctions is a subsidiary of Spectrum Group International, Inc.(SPGZ:PK), a consolidated global collectibles network. The company is a leading auctioneer of stamps, coins, and other memorabilia, targeting both collectors and dealers. Building a strong financial foundation, Spectrum Group International is also a merchant/dealer of certain collectibles and trader of precious metals. The company's collectibles offerings range from the modest to ultra high-end in value and span the globe. Spectrum Wine Auctions also conducts semimonthly online auctions through www.spectrumwine.com. The company offers competitive incentives for consignors, including payouts in full in 30 business days for all lots sold regardless as to whether the firm has collected from each buyer, and the ability to consign both highly-collectible and commonly found wines.

Backed by many decades of auction expertise and driven by a team of dedicated wine specialists and enthusiasts, Spectrum Wine Auctions is committed to offering buyers and sellers alike the most accessible and expansive auction opportunities of what is simply the world's greatest consumable and collectible product-wine.

For more information on Spectrum Wine Auctions, please call at 949-748-4845 or visit www.spectrumwine.com.