Sotheby´s Auctions
The auctioneering world is sometimes viewed as a little bit “peculiar”. Collectors, speculators and art lovers? Or snobs, odd types and tycoons? Normally, we associate auctions with the sale of art or objects owned by the rich and famous…
However, from this issue of Selectus Wines, we will be reporting on auctions taking place in the wine world, not just any type of wine auction, but specifically the very high-profile auctions, which Sotheby’s carries out with some regularity around the world.
One of these high-profile auctions took place in London on 14 June. The “Finest & Rarest Wines Auction” at Sotheby's in London achieved a sale total of £828,270 ($1,060,186), exceeding estimates of between £500,270 and £631,170, and with 94% of the lots sold.
In the words of Stephen Mould, Head of Sotheby's Wine, Europe "prices, in particular for Burgundy, were sensational….," especially the rare vintages from Domaine Comte Georges de Vogüé, achieving multiples of their estimates. According to its spokesman, Stephen Mould, Sotheby's conclusion from this auction is that "the overall result demonstrates the strength of the London wine market, which continues to attract a global audience". The next auction is due to take place in mid-September... and they have high expectations for it... We will, of course, be keeping you informed...
Below are some of the lots that attracted the highest bids, running from the highest to the lowest.
Lot 90 - 12 bottles of Bonnes Mares 1971 Comte Georges de Vogüé
Estimated sale price: between €11,400.00 - €17,100.00
Selling price: €48,222.00. Unit price per bottle: €4,018.50
Lot 91 - 12 bottles of Bonnes Mares 1971 Comte Georges de Vogüé
Estimated sale price: between €10,260.00 - €14,820.00
Selling price: €48,222.00. Unit price per bottle: €4,018.50
Lot 118 - 6 bottles of Montrachet 1978 Domaine Ramonet
Estimated sale price: between €10,260.00 - €12,540.00
Selling price: €45,543.00. Unit price per bottle: €7,590.50
Lot 92 - 6 bottles of Chambolle Musigny, Les Amoureuses 1971 Comte Georges de Vogüé
Estimated sale price: between €5,472.00 - €6,270.00
Selling price: €24,864.62. Unit price per bottle: €4,143.71
Lot 118
Lot 319 - 12 bottles of Hermitage, La Chapelle 1978 Paul Jaboulet Aîné
Estimated sale price: between €10,260.00 - €13,680.00
Selling price: €18,753.00. Unit price per bottle: €1,562.75
Lot 89 - 8 bottles of Bonnes Mares 1971 Comte Georges de Vogüé
Estimated sale price: between €7,410.00 - €8,550.00
Selling price: €17,413.50. Unit price per bottle: €2,176.69
Lot 88 - 12 bottles of Chambolle Musigny, Les Amoureuses 1961 Comte Georges de Vogüé
Estimated sale price: between €3,420.00 - €4,560.00
Selling price: €15,404.82. Unit price per bottle: €1,283.74
Lot 97 - 12 bottles of Musigny, Cuvée Vieilles Vignes 1976 Comte Georges de Vogüé
Estimated sale price: between €4,104.00 - €5,016.00
Selling price: €14,065.32. Unit price per bottle: €1,175.11
Lot 322 - 1 bottle of Romanée Conti 1990 Domaine de la Romanée-Conti
Estimated sale price: €10,260.00 - €13,680.00
Selling price: €13,395.00
Lot 38 - 12 bottles of Petrus 1976
Estimated sale price: €9,690.00 - €10,830.00
Selling price: €13,395.00. Unit price per bottle: €1,116.25
Lot 22 - 12 bottles of Petrus 1973
Estimated sale price: €9,690.00 - €10,830.00
Selling price: €12,725.82. Unit price per bottle: €1,060.49
