“Vinous gems” boost Sotheby’s sale

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Your email address will not be published.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 *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Administrator

Ellis Wines
Hanworth, Middx, IU

Sales Support Executive

Davy's
London, UK

Partner Manager – On-trade - Greater London

Maverick Drinks
London/M25 belt, UK

Partner Manager – On-trade - North West

Maverick Drinks
Manchester, UK

Partner Manager – On-trade - West & Wales

Maverick Drinks
Bristol, UK

Partner Manager – On-trade - South East

Maverick Drinks
Brighton, UK

Events Sales Executive

The Drinks Business
Central London, UK

Sale & Operations Manager

Marussia Beverages
Marylebone, London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more