Close Menu

Records made at 159th Hospices de Beaune sale

The most recent Hospices de Beaune auction saw numerous records made with over €12 million realised and over 500 barrels sold last weekend.

Hosted by Christie’s at the famous 15th century hospices on 17 November, the 589 barrels sold for a total of €12,013,100, an average price of €21,823 per barrel.

Even though the final sum was slightly less than the €14m raised last year, the number of barrels offered was 30% smaller and the average price higher.

Prices rose by 29.5% compared to last year, up 32.6% for red wines and 27.1% for white wines.

The Pièce des Présidents, a lot sold for charity and this year in the shape of a Corton grand cru ‘Les Bressandes’, was sold to a Brazilian buyer for €260,000.

The 2019 vintage, which has already been widely and loudly praised, was undoubtedly a huge draw for buyers.

Burgundian producer and négociant Albert Bichot was a major buyer at the sale, acquiring 122 barrels in total – 82 barrels of red wine and 40 barrels of white – for €2.7m.

Albéric Bichot, president of Maison Albert Bichot, said: “Buying from the Hospices de Beaune is a tradition as much as it is a commitment.

“Once again this year Hospices de Beaune wine auction has kept all of its promises. I am pleased and proud to support this charity auction, which is particularly close to my heart. Maison Albert Bichot and Hospices de Beaune share a special bond, since we bought our first barrel in 1876.”

It looks like you're in Asia, would you like to be redirected to the Drinks Business Asia edition?

Yes, take me to the Asia edition No