Combine first 4 ingredients, stirring well; chill at least 8 hours.
Pour juice mixture into a chilled punch bowl. Gently stir in Sauterne and Champagne just before serving. Float Ice Ring, fruit side up, in punch.
*Either (375 ml) Bonny Doon, Vin de Glacière or (375 ml) Quady, Electra may be substituted.