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Friday 22 August 2014

Interest in white Burgundy at Sotheby’s

27th January, 2014 by Rupert Millar

White Burgundy dominated the top lots at Sotheby’s London sale last week, with buyers snapping up Montrachet and Corton Charlemagne.

Domaine de la Romanee-Conti Montrachet Grand CruDomaine de la Romanée-Conti again topped the bill but it was with its Montrachet, six bottles of the 1996 making £23,500 (the buyer was Asian) – a little shy of its £28,000 high estimate.

Third on the list was more DRC Montrachet, this time six bottles of the 1989 which just sneaked over its high estimate at £19,975.

Another six bottles of the 1997 turned up and went for £14,100 (high estimate £18,000) and then two 12 bottle cases of J-F Coche-Dury’s Corton Charlemagne, the 1998 making £11,515 (better than its top estimate) and the 1997 £9,635 (a little below).

The other big winner of the sale was Pétrus, eight bottles of the 1982 made £21,150, six bottles of 1982 £17,625 and six bottles of 2000 £15,863.

The sale made £969,387 in total and was 90% sold by lot.

Stephen Mould, head of Sotheby’s European Wine Department commented: “We are very pleased with the result of the sale featuring two great collections.  The Champagne and historic vintages of Château d’Yquem were highly sought-after by collectors.

“Online bidding was particularly intense, resulting in over 40% of lots selling online.  Asian interest was strong for mature Bordeaux and DRC, with over 30% of lots finding buyers in this region. Given this healthy start to the year, we now look forward to our next sale on 26 February in London.”

 

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