Records set at Hospices de Nuits auction
The 59th Hospices de Nuits auction saw prices rise and a new record set for a single barrel.
The auction, held at the Hospices de Nuits last Sunday (8 March), raised €1.6 million in total, with a “strong increase” in sales although there were fewer lots on offer (29 fewer than last year) due to the small size of the 2019 vintage.
On average the price of a barrel was 34% higher than last year.
A barrel of Nuits-Saint-Georges Premier Cru ‘Les Saint-Georges’ (Cuvée Georges Faiveley), raised €24,000, a new record for the Hospices while the charity pièce, a barrel of Nuits-Saint-Georges Premier Cru ‘Les Didier’ Cuvée Fagon, was sold for €42,242 – very close to the all-time record.
The sum raised from the charity pièce will be donated to France Alzheimer, the remainder of the money raised from the auction will go towards running the Hospices’s own medical activities.