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Domaine Ponsot 150th anniversary auction achieves £1.2m at Christie’s
A 150th anniversary sale of Domaine Ponsot at Christie’s – which included more than 400 bottles from the prestigious Burgundy chateau – saw bidder vie for some top-notch bottles, smashing world record prices for some wines and raising over £1.2m in total.
The sale took place in Geneva and all 261 sold were lots (also known as a ‘white glove sale) raising CHF1.345m (US$1.362million, or €1.364 million).
The highlight of the auction was a barrel of Domaine Ponsot, Clos de la Roche Cuvée Hippolyte 2022, which doubled its pre-sale estimate, selling for CHF 175,000 (with premium), to a Taiwanese collector.
The hammer-price proceeds from this lot will be donated to “A Chacun son Everest”, a charity which supports children afflicted by cancer or leukaemia, the auction house added.
Edwin Vos, Christie’s international head of wine & spirits, who had previously said it was a “once in a lifetime opportunity to acquire wines from the [Domaine’s] library collection, as well as never before released large formats of the famous Clos de la Roche and other grand crus”.
Other lots in the sale included a Domaine Ponsot, Griotte-Chambertin, 1990 magnum, which set a new world record for this wine, smashing its pre-sale estimate: CHF2,000-3,000, by selling for CHF10,625. Another lot that nearly quadrupled its pre-sale estimate was Lot 245, comprising three bottles of Domaine Ponsot Morey Saint Denis Monts-Luisants from the 1961,1966 and 1969 vintages, which sold for CHF 8,750, against a pre-sale estimate of CHF1,000-1,300. A 2-magnums lot, Lot 101 Domaine Ponsot Clos de la Roche Cuvée Vielles Vignes, 1985 also set a new world record, selling for CHF52,500, more than double it’s pre-sale estimate of CHF16,000-20,000.
Vos said the domaine was one of the most highly regarded Burgundy wine producers, whose history dated back to 1872 and the auction house was honoured to celebrate its landmark anniversary.
“The outstanding results of the sale, which achieved CHF1.4 million and was 100% sold, demonstrates Christie’s international outreach, and the global demand for outstanding Burgundy wines from both existing clients and new collectors,” he said.
Arounds 21% of the bidders were new registrants, Christie’s said.