“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Your email address will not be published.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 *

Subscribe to our newsletters

Sales Executive

Elixir Distillers
Home or Office based with International Travel, UK

London Sales Account Manager

Negociants UK Ltd
London, UK

Awards Wine Checker

Decanter
Paddock Wood, Kent, GB

Customer Service Advisor

Amathus Drinks
Park Royal, London, UK

Sales Manager

James Eadie Ltd
London, UK

Wine Ambassador Role

Ramón Bilbao UK
London, UK

Fine Wine Logistics Coordinator

IG Wines
London, UK

Sales Manager

Top Selection
London, UK

Assistant Retail Manager

The Whisky Exchange
London, UK

Marketing Manager

Ellis Wines
Hanworth, Middx, GB

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017

Pink Rosé Festival

Cannes,France
7th Feb 2018

International Bulk Wine and Spirits Show

London,United Kingdom
26th 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