Sotheby’s Burgundy-driven sale tops £1m

Posted by Rachel England on 18 May 2017 |

Sotheby’s Burgundy-driven sale tops £1m

Sotheby’s latest London auction made over £1 million against a high estimate of £808,450.

The top lot, a mixed case of 2009 Domaine de la Romanee-Conti, sold for almost double its high estimate at £54,050.

In fact, the top-selling lots were almost entirely dominated by wines from DRC, including cases and large formats from La Tâche and Romanée-Conti spanning 1990, 1996, 2000 and 2010, and six bottles of 2005 Chambertin from Armand Rousseau.

Also on offer were two cases of 2000 Mouton Rothschild, which went for £15,275 and £14,688 each.

Head of Sotheby’s Wine, Europe, Stephen Mould, commented: “Wines from Rousseau, Roumier and Coche-Dury also achieved stellar prices while Bordeaux performed strongly against the backdrop of the promising 2016 vintage unveiled at this year’s en primeur campaign.

“Overall we saw excellent results, with a £1 million sale total exceeding pre-sale expectations, and the lead collection of Burgundy, Bordeaux and Rhône ascending to £640,000, 25% over the high estimate.  This augurs well for the Don Stott Part III sale in New York on Saturday and our Finest and Rarest sale on 14 June.”

Related link:

https://www.thedrinksbusiness.com/2017/05/sothebys-sale-tops-1m/

 

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