Sotheby’s latest London sale saw strong demand for the wines of Egon Müller alongside the usual top selling Burgundies of Domaine de la Romanée-Conti.
California may no longer be trying to ape Burgundy’s style, but there is a growing belief that producers must recreate the smaller-scale structure of the Côte d’Or to reach the same quality heights.
Acker Merrall & Condit’s latest Hong Kong sale achieved HK$45 million, which the house says will put it on track to be the world’s leading auction house in the first quarter of this year.
The high prices set by famous wine estates is shutting people out of the market and creating a “caste system of wine”, according to Robert Parker, who also admitted that he “is part of the problem”.
Demand for Burgundy’s DRC will be tested at Sotheby’s next week, and despite the eye-watering sums involved the auction house remains confident
Although the Liv-ex Fine Wine 1000 declined in February, the “Rest of the World 50” continues to rise – buoyed by Taylor’s Port.
Hart Davis Hart has announced the date for its annual “Celebration of Burgundy” sale in Chicago which is estimated to fetch US$2-$4 million.
Something of a forgotten or at least over-looked Burgundy vintage, the 2006s have nonetheless been quietly outperforming their parent index on Liv-ex over the past year.
One of Hong Kong’s leading wine retailers is drawing attention to the “lesser-known” villages in its Burgundy portfolio.
Jeannie Cho Lee MW has called the counterfeiting of fine wines a “global issue”, not just a Chinese one.
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