croppedimage680368 Sothebys New York auction 10004044 v2
26 November 2016

Bollinger and Burgundies fetch $3.8m at Sotheby’s sale


Posted in: Wine Market News

Tagged: Auction results

Sotheby’s last fine wine auction of the year in New York realised an impressive $3.8m thanks largely to rare Champagne and Burgundy.

Highlights of the Bollinger consignment included a bottle of the 1914 and a visit to the estate, which went for $12,250; a Jeroboam of 1979 RD for $6,738; and three bottles of 1973 ‘Année Rare’, which sold for $5,145.

Jerome Philipon, president of Champagne Bollinger, stated: “I am absolutely thrilled with the results from our first-ever US auction – and in fact our first auction in the world. The main takeaway for me is that all of the wines – from the non-vintage to the vintage to the historic vintages – surpassed estimations. This shows the strength of the Bollinger brand across all Champagne cuvée categories.”

The best-selling lot of the night was a 12-bottle case of 1966 Chambertin from Armand Rousseau which realised $58,800 (against a high estimate of $35,000); another full case of 1965 Romanee-Conti from Domaine de la Romanee-Conti made $42,875 while a six-bottle case of 1999 La Tache went for $26,950. A magnum of Henri Jayer 1985 Vosne Romanée Cros Parantoux sold for $21,000.

The auction has pushed Sotheby’s New York sales total for the year to $34m – the second highest figure in the house’s history in the city.

CW Homepage an investment like no other

Join our wine newsletter

Wine investment insights delivered straight into your inbox weekly