“Vinous gems” boost Sotheby’s sale

14th September, 2012 by Rupert Millar

Sotheby’s sale this week realised £1,358,911 thanks to a collection of Burgundy “dreams are made of”.

Burgundy and Italian wines took centre stage at the sale which was 88% sold by lot and 92% by value.

Internet bidding, particularly from Asian buyers, contributed greatly to the sale’s success.

Stephen Mould, head of Sotheby’s European wine department, said: “Unprecedented internet bidding saw prices from ‘A Superb Burgundy Cellar’ soar way over their high estimates, realising a total of £761,544 (including the buyer’s premium), which is 125% of the high estimate, with only 3 of the 223 lots offered being unsold.

“The sale room was packed with buyers from around the globe eager to purchase rare bottles of Burgundy from Domaine de la Romanée Conti, Henri Jayer and Armand Rousseau and other great producers, amassed by  a wine lover who had bought purely for pleasure.

“The competition for vinous gems was fierce and this enthusiastic bidding carried forward for the great collection of historic vintages of Vega Sicilia which sold for 130% of the high estimate.

“The ‘Great Italian Collection’ saw terrific demand for wines from Sassicaia, Gaja, Bruno Giacosa and Ornellaia, as was expected. The sale demonstrates a growing interest from Asian buyers for all the great wine regions in the world.”

Henri Jayer dominated the top sales with a case of 1985 Echezeaux selling for £49,350 (est. £26,000 – £34,000) coming out on top, followed by 10 bottles of 1986 Vosne Romanée Cros Parantoux for £32,250 (est. £18,000 – £22,000).

Also in the top 10 among the Jayers and Domaine de la Romanée-Contis was a rare case of 1961 Palmer which made £18,800 over a pre-sale estimate of £12,000 – £16,000.

Meanwhile a bottle of 1961 Latour at £1,450 – £2,000 went unsold.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

Administrative Assistant

Swig Wines Ltd
Chiswick, London, UK

HR Manager

Amathus Drinks PLC
London, UK

Beer Development Specialist

Matthew Clark
London, UK

Senior Sales Manager

Haynes Hanson & Clark
Gloucestershire, GB

Customer Services Administrator

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Group
London, UK

Inventory Analyst

Bibendum PLB
London, UK

Events Executive - Atom Supplies

ATOM Supplies Limited
London, UK

Off-Trade Sales Account Executive

Domaine Direct
Nationwide, working from a combination of home & London office.

Sales Executive/Brand Ambassador

Glenfarclas
Ballindalloch, Speyside, UK

Client Manager

Noble Rot
Wandsworth, London, GB

Spirits Investment Director

Stilnovisti
London, UK

Junior Brand Manager

Enotria Winecellars
Park Royal, London, UK

Content & Digital Assistant

ABVGlobal
London, UK

Sales Manager

Cellar Trends
London, UK

Champagne Masters 2017

Deadline : 7th July 2017

The Global Sparkling Masters 2017

Deadline : 10th July 2017

The Global Malbec Masters 2017

Deadline : 10th July 2017

The Global Syrah Masters 2017

Deadline : 18th July 2017

Click to view more

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

Click to view more