A year at auction: the Top 50 most expensive bottles of 2017

rankings article blog2017 was a record year for the iDealwine auction platform. More than 111,000 bottles, originating from great vineyards all over the globe, were exchanged over the course of the year. We reflect on the 50 highest priced wines sold at auction last year.

With the 2018 iDealwine Barometer flying off the printing press next week (information to follow soon, watch this space!), we take a moment to consider the staggering rankings that emerged from auction in 2017.

2017 was a year of superlatives for the iDealwine auction platform that saw wines (but not just wines…) fetch some extraordinary prices. This is a trend that continues into 2018, as the recent sale of Jean Louis Chave’s Cuvée Cathelin and Egon Muller’s TBA will testify. Here’s a closer look at some of the highlights from an exciting year at auction.

Burgundy: everybody’s darling

Unsurprisingly, the great winemaking region of Burgundy dominated in 2017 and cinched the top spot for the highest priced bottle to sell at auction over the course of the year. In November 2017, a bottle of the eponymous grand cru from Domaine de la Romanée-Conti was sold for a staggering €17,146, an impressive result for a bottle from the somewhat un-extraordinary 2000 vintage. Indeed, scarcity plays a crucial factor in Burgundy these days (particularly for the illustrious grands crus of Domaine de la Romanée-Conti) and goes some way to explaining the inflated prices. The cuvées from this domain represented 23 of the Top 50 highest priced bottles of 2017, including the Grand Cru in 14 different vintages, two bottles of La Tâche, two of the Richebourg and two of the ultra-rare Montrachet.

Jaboulet flies the flag for the Rhône

In a similar vein to last year, the Rhône Valley features only once in the ranking of the Top 50 highest priced bottles of 2017. A lone bottle of Hermitage La Chappelle (1961) from Maison Jaboulet sold for €7,296, positioning it in 14th place.

Petrus: veritable star of Bordeaux.

The Bordelais vineyards feature 15 times in the Top 50 rankings albeit in large format sizes (6 magnums and 1 imperial). In fact, the highest priced bottle from this region was a magnum of Petrus in the 1989 vintage. At €6,810, this claret pipped 16th place just before the close of the year in December 2017. Petrus enjoys a healthy appearance in the rankings, accounting for no less than 12 of the 15 Bordeaux present in the Top 50 highest priced bottles! The other three spots belong to a bottle of Château d’Yquem (2009) in the gargantuan imperial format that sold for €5,837 and two collectible vintages: a Château Lafite 1880 at €4,680 (26th) and a Château Latour 1947 at €4,080 (35th).

An exotic twist

Finally, for the first time ever, the Top 50 rankings included a bottle of…whisky. Yes, a bottle of the Japanese Karuizawa 33 year old “Pourquoi faut-il” (1980-2013) came in at 25th place with a hammer price of €4,693. The presence of a spirit in our 2017 rankings is by no means an anomaly but rather reflects a strong emerging trend in the market. We are seeing a growing enthusiasm for rare whiskeys and this ultra-rare bottle is no exception. The distillery that produced this whiskey was founded in Nagano in 1955 but has since ceased production. On the rare occasions that bottles from Karuizawa surface at auction they are snatched up at impressive prices that rival even the most sought-after grands crus on the market.

So here it is: the long awaited Top 50 highest priced bottles of 2017 on the iDealwine auction platform. It’s taken from the 2018 iDealwine Barometer that will be available to buy in English as of next week. It’s a comprehensive guide to the auction market and contains invaluable information for anyone looking to invest in fine wine. We’ll be announcing it soon so keep an eye on Le Blog!

The Top 50 highest priced bottles of 2017

Note: in order to make this ranking as informative as possible, we have omitted recurring bottles from the same domain and vintage and included only the highest priced result.

Position Highest priced bottle Price Date
1 Romanée-Conti Grand Cru – DRC – 2000 €17,146 15/11/17
2 Romanée-Conti Grand Cru – DRC – 1990 €15,240 31/05/2017
3 Romanée-Conti Grand Cru – DRC – 1999 €14,880 31/05/2017
4 Romanée-Conti Grand Cru – DRC – 1996 €12,840 31/05/2017
5 Romanée-Conti Grand Cru – DRC – 2003 €12,403 27/12/2017
6 Romanée-Conti Grand Cru – DRC – 1998 €11,760 31/05/2017
7 Romanée-Conti Grand Cru – DRC – 1991 €11,520 31/05/2017
8 Romanée-Conti Grand Cru – DRC – 1995 €11,520 31/05/2017
9 Romanée-Conti Grand Cru – DRC – 1992 €11,160 31/05/2017
10 Romanée-Conti Grand Cru – DRC – 1997 €11,160 31/05/2017
11 Romanée-Conti Grand Cru – DRC – 2001 €10,560 30/08/2017
12 Romanée-Conti Grand Cru – DRC – 2004 €9,960 11/01/2017
13 Romanée-Conti Grand Cru – DRC – 1994 €9,720 31/05/2017
14 Hermitage La Chapelle Paul Jaboulet Aîné 1961 €7,296 13/09/2017
15 Romanée-Conti Grand Cru – DRC – 1985 €7,296 13/09/2017
16 Petrus 1989 €6,810 13/12/2017
17 Romanée-Conti Grand Cru – DRC – 1980 €6,000 12/07/2017
18 Château d’Yquem Premier Cru Classé Supérieur 2009 €5 837 11/10/2017
19 Vosne-Romanée Premier Cru Cros Parantoux Henri Jayer 1983 €5,640 26/07/2017
20 Vosne-Romanée Premier Cru Cros Parantoux Henri Jayer 1984 €5,640 26/07/2017
21 Vosne-Romanée Premier Cru Cros Parantoux Henri Jayer 1995 €5,640 24/05/2017
22 Musigny Grand Cru Georges Roumier 2006 €4,986 13/12/2017
23 La Tâche Grand Cru – DRC – 1990 €4,800 31/05/2017
24 Petrus 2012 (magnum) €4,800 21/06/2017
25 Karuizawa 33 year old whisky ‘Pourquoi faut-I’l 1980-2013 €4,693 15/11/2017
26 Château Lafite Rothschild Premier Grand Cru Classé 1880 €4,680 08/02/2017
27 Romanée-Conti Grand Cru – DRC – 1967 €4,680 11/01/2017
28 La Tâche Grand Cru – DRC – 1999 €4,440 31/05/2017
29 Petrus 2008 €4,440 21/06/2017
30 Montrachet Grand Cru – DRC – 2006 €4,378 11/10/2017
31 Hermitage Ermitage Cuvée Cathelin Jean-Louis Chave 2000 €4,256 15/11/2017
32 Petrus 2009 €4,256 15/11/2017
33 Petrus 1953 €4,200 11/01/2017
34 Vosne-Romanée Premier Cru Cros Parantoux Henri Jayer 1988 €4,080 29/03/2017
35 Château Latour Premier Grand Cru Classé 1947 €4,080 26/04/2017
36 Chambertin Grand Cru Armand Rousseau 1971 €4,080 12/04/2017
37 Petrus 1948 €4,013 25/10/2017
38 Petrus 1947 €3,910 11/01/2017
39 Bonnes-Mares Grand Cru Georges Roumier 1971 €3,900 12/04/2017
40 Richebourg Grand Cru – DRC – 1988 €3,840 08/02/2017
41 Chevalier-Montrachet Grand Cru d’Auvenay 1999 €3,770 27/12/2017
42 Petrus 2000 €3,770 15/11/2017
43 Montrachet Grand Cru – DRC – 1990 €3,720 31/05/2017
44 Montrachet Grand Cru – DRC – 1999 €3,720 31/05/2017
45 Musigny Grand Cru Georges Roumier 1991 €3,720 10/05/2017
46 Petrus 1951 €3,648 25/10/2017
47 Petrus 1982 €3,648 27/12/2017
48 Petrus 1989 €3,648 13/12/2017
49 Petrus 1990 €3,648 13/12/2017
50 Richebourg Grand Cru – DRC – 1990 €3,624 31/05/2017

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Other things to read on the iDealwine blog:

Romanée-Conti 2000: new auction record on iDealwine at €17,146

America leads the way in wine consumption

China on course to be the world’s second largest consumer market for wine by 2020

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