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Wednesday 1 July 2015

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15th January, 2014 by Rupert Millar

Domaine de la Romanée-Conti was the most valuable fine wine sold by Sotheby’s in 2013.

DRCThe auction house has compiled the results of its 2013 sales in London, New York and Hong Kong to see which wines were the most sought-after by its clients.

The Burgundian domaine unsurprisingly came in at number one by value having seemingly dominated sales throughout the year.

The other wines on the list included all five first growths, one other Burgundy, two Right Bank estates and a surprise Spanish inclusion.

DRC accounted for US$7.2 million dollars worth of sales in 2013 out of the $57.9m total. Hong Kong remains the leading destination for fine wine sales at auction for Sotheby’s.

The city accounted for around half of total sales or $25.5m, London followed with $19.9m and finally New York on $12.5m.

Jamie Ritchie, CEO & president Americas and Asia Sotheby’s Wine commented: “The story of the 2013 Sotheby’s Ranking is the dominance of Domaine de la Romanée-Conti.

“Despite very limited production, strong demand led to high prices, making DRC our biggest seller globally in 2013 with sales of $7.2 million. Bordeaux was also heavily in demand making up 60% of auction sales, Champagne led retail sales, and the $165,000 Opus One Vertical was only narrowly beaten to the top of our list of highest prices.”

The other most valuable wines from 2013 can be seen on the following pages. More analysis of Sotheby’s 2013 season will appear shortly.

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