Auction report | Coche-Dury, Mouton Rothschild, Cornas, Dagueneau, Selosse in the TOP 5

Asteroide-Dagueneau-

Domain Coche-Dury dominated November auctions, which saw the price of its unfindable bottles reach new heights. In Bordeaux, Château Mouton Rothschild stands out in an otherwise stable market. The appellation Cornas, Dagueneau’s rare wines and Selosse champagnes feature in the TOP 5 of November’s most successful lots at auction.

Wine lovers know it: the finesse of the notes of grilled hazelnut in a Coche-Dury Chardonnay is inimitable. There are more and more of you fighting over the precious bottles produced Jean-Francois Coche, an excellent winemaker who has now passed the reins over to his son, the equally talented and meticulous Raphaël. At the domain, where the vineyard is meticulously looked after, vinifications are carried out with the aim of reinforcing the expression of the terroir, without adulterating it… The wines are raised in the domain’s cellars, in barrels of different ages according to the identity of each parcel. The domain uses 20% to 50% oak barrels, lending the wines delicious, delicately grilled notes… The domain cultivates 9 hectares in the Meursault appellation. Yet the global demand for these wines far outweighs the supply. In November, iDealwine nevertheless had an excellent selection of their wines on sale at auction. In the 2002 vintage, the Premier Cru Les Perrières went for €1,946 (+7%). The Corton-Charlemagne is even rarer: expanded in 2011, the parcel is now spread over 0.67ha. The 2010 vintage almost hit the €5,000 mark! It went for €4,864 the 21st November (+38%). The 2011 was sold for €4,742 (+119%), whereas the 2012 reached €4,621 (+81%) and the 2009, €4,195 (+50%).

Mouton Rothschild stands out in Bordeaux

While the Bordeaux Grand Cru market is stable, including for Petrus, one of its most important signatures, Château Mouton Rothschild stands above the rest: a box of 6 magnums in the 2000 sold for €22,618, or €3,770/magnum, which represents a 13% increase on the reserve price. We have noted, for this Pauillac Premier Cru Classé, even vintages which are usually less sought-after had success, such as the 1992 (€377, +14%), 1999 (€422, +8%), or 2003 (851€, +12%). This increase in price for less sought-after years shows the pull that this estate has on wine lovers, who are becoming more selective regarding the quality of the year.

1989, however, was an outstanding year. In this excellent vintage for aging, Haut Brion sold for €1,763 (+16%) and the Mission Haut-Brion €882 (+3%). The success of second wines is also worth noting. Carruades de Lafite in the 2010 vintage, for instance, sold for €274, (+15%).

Cornas, the star of the Northern Rhone

In the Rhone valley, Cornas currently has everyone’s attention. Wines from Thierry Allemand and Auguste Clape are very sought after. The same holds true for Guigal’s Côte-Rôtie wines: La Turque 1989 sold for €572 (+23%), and the prices for the renowned La-La-La wines in good vintages are increasingly on the rise. In the south of the appellation, Château Rayas and Henri Bonneau are leading (€669, +31% for a 2005 Rayas).

In the Loire, the extremely rare cuvée Astéroïde, a Pouilly-Fumé from Domaine Dagueneau, in the 2015 vintage, was bought by an Austrian wine lover for €912. This bottle – very rarely seen on the iDealwine site – is produced from non-grafted vines, and only 600 bottles are produced per year. Clos Rougeard also performs well at auction: the 1990 Saumur-Champigny Le Bourg – an important year for the domain – reached €924 (+65%).

In other regions, Domaine Overnoy’s Jura wines were the object of bidding war aplenty, with a 2011 Arbois Pupillin selling for €973. Last but not least, rare bottles of Champagne (Selosse, Cristal, Bollinger or even Salon) inspired the interest of many wine enthusiasts. Foreign wines aren’t an exception either, with increasing interest in the fine wines of Piedmont in mature vintages. A 1990 Barolo from Bartolo Mascarello sold for €493.

Read our previous auction reports below:

Successful auctions: Mouton Rothschild, Leroy, Rayas, Joguet…

Auction report : resounding success for Raveneau’s mature Chablis

No summer lull in iDealwine’s latest auctions!

 

 

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