December 2016 – Le blog iDealwine

Post author:iDealwine
Post published:23 December 2016

Auction Report: December, DRC 1991 sold for 10,320€ (+28%)

The latest iDealwine online auction, which closed on 14 December, put Burgundy grands crus in the spotlight. A bottle of Romanée-Conti topped the €10,000 mark in this sale. Burgundy grands crus are unlikely to see a let-up in prices any time soon. For some years, rarity, prestige and global demand have combined to produce an explosive cocktail, and on the rare occasion a Côte de Nuits grand cru comes up for sale, the price invariably goes sky-high, regularly setting new records. That’s what happened in the auction on 14 December, when an Austrian…

Post author:iDealwine
Post published:9 December 2016

Auction Report: focus on Bordeaux first growths

The trend seems indisputable - prices for recent vintages of Bordeaux grands crus have remained stable for many months. At the end of November, the indice iDealwine iDealwine Bordeaux index rose by 4.24%. This is slightly lower than the general index for grand cru wines, the indice iDealwine 100 (up by 5.57 %). However, some results from the auctions suggest contrasting developments. What exactly is going on? Let's take a closer look. Bordeaux bashing has not really had much impact at iDealwine. Our auctions are overflowing with grand cru wines from this region…

Post author:iDealwine
Post published:6 December 2016

Auction Report: November, all top domains on the rise

Of the 3,000 lots offered at the auction closed 16 November, each region offered up some genuine treasures; rare wines originating from ultra-sophisticated domains, or produced by legendary winegrowers who are no longer with us. It was a real paradise for wine lovers, who took part in what amounted to a vineyard treasure hunt... and it was a hunt which led to some pitched auction battles. Here's a detailed, region-by-region breakdown. There were few surprises or steep price rises from Bordeaux, whose wines nonetheless accounted for the largest share of the transactions recorded…