November 12th Auction Report: 1990 ...
Changes of ownership at Châteaux ...
Wine Market Auction report
November 12th Auction Report: 1990 vintage, Romanée Conti, Jamet…
by 24 novembre 2015
The proportion of foreign buyers in the latest auctions increased significantly, especially for the rarest and most expensive bottles. In the auction closed on 12th November, we could note a strong demand for the 1990 vintage as well as for special releases and collectors' bottles.
In Bordeaux, older vintages did particularly well as this bottle of Château Latour à Pomerol 1959 that went for €1,200 to a wine lover from Hong Kong. In Sauternes, a Château d'Yquem 1958 reached €840 (+25%). Beyond the most significant price evolutions, note Château Margaux 1990, sold €792 (+26%). James Bond effect might have played it part, and Château Angélus 2000 reached €390 per bottle, an increase by 21% compared to iDealwine's current estimate.
In Burgundy, old vintages from domaine de la Romanée Conti were in the middle of a fierce battle between buyers from all over the world. A Grands-Echézeaux 1980 was awarded €1,020 (+41%) while a Romanée-Saint-Vivant from the same vintage reached €900 (+30%). For the whites, wines from legendary Coche-Dury, were predominantly sought after by English and American wine collectors: a Meursault Perrières 1994 (+9%) went under the hammer for €743 and a Meursault Caillerets 2004 (+30%) for €480. The Bienvenues-Bâtard-Montrachet 2006 from domaine Leflaive increased by 12% to €228 for a private customer based in Hong Kong.
In Rhône especially in Côte Rôtie, prices are quite impressive for wines from domaine Jamet, sespecially for old vintages: a 1983 Côte Brune sold for €426 to an American wien merchant.Yet in this appellation, it is again La Landonne from Guigal that remains the most expensive cuvée: the 1988 reaached €516 and went to Hong Kong (+8%). Still in the North of the region, note the great performances of l'Hermitage La Chapelle from Jaboulet: the mythical 1990 vintage went for €480 (+14%) and the 2006 reached the threshold of €100 (€110, +16%). In the South, in Châteauneuf, the speciale cuvée from domaine Henri Bonneau 1990 – this vintage is clearly a reference in all the best French appellations – went under the hammer for €534 (+12%).
In Champagne the auction revealed the good performances of two great Houses: Bollinger, with its Grande Année 2002 that reached €168 (+45%) and Taittinger with Comtes de Champagne 2004 exchanged at €180 (+117%) while the 1998 sold for €136 (+23%). Good result also for a magnum at Henriot, Cuvée 38 (Reserve Perpétuelle), awarded €324 to a German amateur. The wines from Selosse, always very popular and sought after, saw Le bout du Clos, Sous le Mont and Ay sous le Mont sell for €240 a bottle.
In the Loire, Clos Rougeard created the buzz again with both its red and white wines. The Saumur-Champigny Le Bourg 1990 – another in 1990! – rose by over 35% compared to iDealwine's estimate, reaching €528 a bottle. In white, a rare Coteaux-de-Saumur 1989 doubled its reserve price and low estimate to reach €324, awarded to a Canadian amateur.
Abroad, Opus One (the joint venture between Baron Philippe de Rothschild and Robert Mondavi) continued its impressive price trajectory: the 2005 was awarded €288 (+91%) to a French amateur, while the 2009 reached €216 (+15%) sold to a Dutch amateur. Also noticeable were the German Rieslings which attracted a lot of bids from all over the world and the Super Tuscan Sassicaia 1998, which sold for €168 +13%).
Last but not least, note this bid from a Belgium wine lover on a Japanese whisky, KARUIZAWA 27 year multi-vintage 81-82-83-84 that went under the hammer for €3,000!
Read further on iDealwine Le Blog:
Auction Report 28th October
Auction Report 30th September
The 100 most sought-after wines: Bordeaux leads the way
This year's top 50 wines over €1,000
Not yet a member? Quick and free registation on iDealwine.com
Changes of ownership at Châteaux de Rayne-Vigneau and La Tour de Mons
October 28th Auction Report
Fixed-price sale: special Christmas dinner
A festive table calls for the best wines… a fact not lost on iDealwine connoisseurs, who always take great care ...
Beaujolais: the top 20 highest-priced bottles at auction (first semester of 2018)
It's Beaujolais' turn to show us its 20 most expensive treasures. A look at the highest-priced bottles at auction so far from the land of Gamay.
Auction Report: top bids for 1966, prestige Champagne & old Yquem
Prices for Bordeaux and Burgundy wines have calmed down, but wine lovers seem keener than ever on rare and prestige ...