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Saturday 20 December 2014

DRC ’90 cases lead auctions at £28k each

7th April, 2014 by Lauren Eads

Two cases of wines from the 1990 vintage of Burgundy’s Romanee-Conti vineyards led sales at recent auctions in London and New York selling for £28,000 a piece.

DRCAs reported by Bloomberg, an assorted case of Domaine de la Romanee-Conti fetched £28,200 ($46,790) at Bonhams in London on 3 April, while a second DRC assorted case sold for $48,000 (£28,962) at Wally’s in New York on 28 March.

The DRC assortment cases at both sales comprised one bottle each of Romanee-Conti and Grands-Echezeaux, two each of Echezeaux and Richebourg and three each of La Tache and Romanee-Saint-Vivant.

Julia Gilbert, managing director of Wally’s Auctions, told Bloomberg that results were “very strong across the board,” highlighting bidding on wines from Domaine Fourrier and Domaine Duroche in Burgundy to Dana Estates and Screaming Eagle in California.

Other top lots at Wally’s included an eight-bottle assortment of 2009 DRC, which fetched $31,200 (£18,825), and two assorted cases of 1993 and 2001 DRC, which each sold for $26,400 (£15,929).

A case of 1975 Petrus sold for $26,400 (£15,929) at Wally’s, while at Bonhams a three-bottle lot of Petrus 1990 and a six-bottle lot of Petrus 2004 each sold for £6,463 ($3,899).

The Wally’s sale raised a total $1.88 million, while the smaller Bonhams auction raised £450,400.

Wally’s Wine & Spirits, a Los Angeles based wine store founded in 1968, held its inaugural sale in November in New York with another to follow in June.

 

 

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