Wine News 

La Tache '88 at Equivalent of $7,500 a Bottle Leads Sotheby's London Auction

November 18, 2017

A 6-liter Methuselah of La Tache 1988 Domaine de la Romanee-Conti grand cru Burgundy sold for 45,410 pounds ($59,941) including fees at a Sotheby's auction in London this week, equivalent  to $7,500 a bottle, while mixed Domaine de la Romanee-Conti cases and wines from Petrus dominated the remaining top 10 lots.
 

A mixed case of Domaine de la Romanee-Conti 2009  (Photo: Sotheby's)

A 12-bottle mixed case of DRC 2009 fetched 43,020 pounds and separate dozen-bottle cases from the 2010 and 2000 vintages sold for 38,240 pounds each, while a similar case from 1998 fetched 35,850 pounds, according to an email from Sotheby's.

From Bordeaux, a nine-bottle lot of Petrus 1982 sold for 40,630 pounds while 12 bottles of the same estate's 1989 vintage fetched 35,850 pounds, according to Sotheby's. A 12-bottle lot of Chateau Palmer 1961 sold for 23,900 pounds.

``Collectors clamored for a superb collection of Burgundy purchased directly from the Domaines, particularly for assortment cases of Domaine de la Romanee-Conti, where we saw a strong demand from Asian buyers,'' Stephen Mould, head of Sotheby's Wine, Europe, was cited in the email as saying. ``Prices remained high throughout the sale, underscoring the buoyancy of the global wine market.''

The auction on Nov. 15 totaled 2.2 million pounds, with 99 percent of lots sold by value. Sotheby's next sales are in New York on Dec. 2 and London Dec. 13.

For full results of the auction, click here.


 

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