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21 May 2018

‘Unwavering thirst’ for Bordeaux pushes Sotheby’s sales total to £2.6m

Auction house Sotheby’s held two fine wine sales in London last week, achieving a total £2.6m thanks to “unwavering thirst” for iconic Bordeaux.

Taking place on 16 May, the sales included ‘The Masterpiece Collection’ and another sale featuring a large consignment from a single cellar.

The first session – which realised £1.7m in total – saw six magnums of Petrus 1990 sell for £52,580, and high prices paid for cases of 1982 and 1989 Lafite.

The second session, which featured a collection of six-litre bottles of Lafite, Mouton Rothschild, Latour and La Mission Haut Brion, saw all 234 lots sell for a total £885,626. The top lot was a full case of 1947 Cheval Blanc, which sold for £50,190.

Stephen Mould, Sotheby’s head of wine, Europe, said: “The robust results of the Masterpiece Collection demonstrate that the thirst for Bordeaux’s icons is unwavering. The impressive selection of First Growths was led by the magnificent 1982 vintage, with prices soaring for parcels of these increasingly rare gems in their original cases, as bidders competed to secure what are masterpieces of the wine world.”

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