With their fine mature vintages, the spotlight was on Bordeaux Grands Crus for the final sale of 2016. Proving especially popular were the 1995 Premiers Crus Classés, some of which were available in 12 bottle wooden cases.
Great wines from Bordeaux have that unique ability to withstand the test of time and as they age acquire a body and fullness which makes them quite incomparable. With great vintages it can sometimes take at least 20 years for a wine to reach its peak. This holds true for the 1995 vintage – despite being a really good year, for a long time the wines remained closed and inexpressive. Today, as these great wines finally come into their own and are ready for drinking, we see their prices starting to climb once more. So it was that several of the Bordeaux region’s top names put in a strong performance during the auctions which closed on 28 December on iDealwine. A case of Château Lafite Rothschild went to a French bidder for €7,560, equivalent to €630 per bottle, a 20% increase on its previous iDealwine valuation. For Château Mouton Rothschild there was also a considerable increase in price with a wine enthusiast from Hong Kong paying €456 a bottle (+31%). As for Château Margaux, it sold at €4,992 the case, equivalent to €416 per bottle (+13%). It was the same scenario for the right bank since a case of 1995 Cheval Blanc achieved €4,464 (€372 per bottle, +13%). In the same auction, Château Haut-Brion in Pessac-Léognanalso saw a 17% rise for its 1995 which sold at €4,440 a case.
Other areas also put in a strong performance in the 28 December sale. The Domaine de la Romanée Conti, always right up there at the top, now sees its Grand Cru of the same name cross the €10,000 threshold for a single bottle on a regular basis. This is exactly what happened at this sale when a bottle of 2001 Romanée Conti, went for €10,680 (+21%) at the end of the auctions. Also to be noted is that in Champagne, the 1996 Cuvée Millésime Blanc de Blancs Extra Brut produced by Jacques Selosse, 2017 Grands Prix RVF winegrower of the year (Revue du Vins de France) achieved the price of €900 a bottle.
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Read further on iDealwine Le Blog:
- Auction Report: December, focus on Bordeaux first growths
- Auction Report: November, Jura wines make a breakthrough
- Auction Report: October, Haut Brion 1989, Chateau Chalon, top Champagne
- Auction Report: September, Clos Rougeard breaks more world records
- Auction Report: August, Summer trends
- Auction Report July: collectable Cote de Nuits from Noellat and Clair-Dau
- Auction Report June: mature vintages from top Burgundy estates on the rise
- Auction Report June: marked success for the big names from the Rhône
- Auction Report May: Top Alsace & Rhône: La Chapelle 1961
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