iDealwine: Burgundy ‘most attractive’ region for wine investment

iDealwine’s annual assessment of the fine wine auction market shows that Burgundy keeps growing in popularity, while organic and biodynamic brands are also in favour with customers, and Right Bank wines are the ones to watch.

iDealwine’s position as France’s leading online auction platform and a specialist in fixed-price sales affords it valuable insight into the fine wine auction market. The company’s annual analysis of auction performance informs its customers of the latest trends and market evolutions.

The latest report testifies the growing appeal for mature and rare wines in 2018. iDealwine’s WineDex, which tracks the top 40 Bordeaux grands crus, the top 40 Burgundy cuvées and the top 25 Rhône wines, registered 19% growth across the board.

When compared with the French stock market index, wine appears to be a secure investment. In 2018, 43 auctions were held on the iDealwine platform, attracting the interest of nearly 60 buyer countries. In total, no fewer than 143,000 bottles were sold online. Total sales generated by iDealwine auctions reached €17.46 million (£15.09m), up by 32% on the previous year. All in all, it was another superb vintage for iDealwine.

Burgundy on the rise

Burgundy has been the most attractive, expensive region in France for years, and every year this position is reinforced. Of the 50 most expensive bottles sold in 2018, 42 were Burgundy – the figure was 32 in 2017.

The 2018 record is held by a bottle of Romanée-Conti 2005 sold for €16,173 in December 2018. Collectable bottles from Henri Jayer continue to be fought over at auction: a magnum of Vosne-Romanée 1er Cru Cros Parantoux 1982 sold for €14,592, making it the fourth-most expensive bottle to sell in 2018. Further down the rankings are wines from Henri-Frédéric Roch.

Wines from the Côte de Beaune are emerging, with, for instance, a Volnay Clos des Ducs 1978 from Domaine du Marquis d’Angerville in 55th place (six bottles sold for €6,834).

Although Burgundy’s Pinot Noirs are the most coveted, the white-focused Montrachet appellation also features in the rankings. Despite a year that was once again marked by the relatively stable prices of its crus classés and related crus, Bordeaux was not completely outdone in terms of performance. The volume of Bordeaux wines sold last year at auction on the iDealwine platform is 45%. In 2018, the region owed its success to the great performance of Pauillac’s premier grand cru classé, Château Mouton Rothschild.

On the other hand, prices of Petrus, a hitherto undisputed safe Bordeaux investment, stagnated in 2018, especially for recent vintages. The rise of this Pomerol star is now measured in the medium term. The performance of second wines is an interesting development, as they are beginning to attract an increasing number of wine enthusiasts.

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