Meursault Premier Cru Les Perrières booming | Auction report

meursault-perriere-auctionThe latest online auction on iDealwine which closed on 14th June, offered many Meursault Premier Cru Les Perrières from the most beautiful domains: Coche-Dury, Roulot, Domaine des Comtes Lafon, Pierre Morey and Vincent Dancer. These bottles widely grab the attention of bidders around the world and some prices soar significantly. Most of the lucky bidders were French, American and from Hong Kong.

It is important to say that this premier cru from Meursault is one of the greatest white wines from Burgundy, its climate is so qualitative and sought after that it is sometimes considered as a natural candidate to be promoted to the rank of Grand Cru. Located in the south of the appellation, bordering the Puligny-Montrachet appellation and next to the 1er Cru Les Charmes, it stretches over 13 hectares and is divided into three plots known as Aux Perrières, Les Perrières-Dessus and a part of Les Perrières-Dessous – the other part of this place being included in the premier cru Clos des Perrières. This terroir is mainly made of limestone because it is located on former quarries now filled – the word “perrière” comes from the old French « petrarium » meaning « stone quarry » – where limestone called « pierre de Chassagne » used to be exploited. The wines are marked by this great terroir, with minerality and salinity, which contribute to the beautiful balance of these wines.

In the online auction of 14th June, unsurprisingly, the Meursault 1er Cru Les Perrières from Domaine Coche-Dury reached the highest prices auctioned systematically more than € 1,000. Most of them were bought by a professional American. The 2010 vintage even went under the hammer for €1,320 and the 1999, 2007 and 2008 vintages recorded significant price differentials compared to the iDealwine auction price estimates: +17%, +21% and even +40% respectively. Domaine Coche-Dury is generally considered like the most prestigious and renowned domain from the Meursault appellation, where it owns 9 hectares. It offers undeniably an inimitable straight, tense, deep and very tasty style, with an incredible long mouthfeel. They are recognizable by their toasted aromas. For the first growths, 50% new barrels are used. The 1er cru Les Perrières of the domain is considered as one of their most beautiful wines. The Revue du Vin de France describes this wine as follows: « Despite its incredible density, the discreet balance of this wine is magisterial: having such density, luminosity and lightness reaches perfection.”

The Meursault 1er Cru Les Perrières 2007 from Domaine Roulot saw their prices increase tremendously: a two-bottle lot auctioned at €1,200 (+213%) and one bottle at €660 (+€244). This biodynamic certified domain has been in the spotlight for a few years and attracts amateurs, searching for more purity, freshness unlike the typical opulence and richness of Meursault wines.

Compared to the success of Meursault Les Perrières from Coche-Dury and Roulot, the prices of those from Comtes Lafon remained relatively reasonable. Indeed, the vintages 2006, 2007, 2009 and 2013 were all auctioned below €300. Nevertheless this world-renowned domain recorded significant increases, up to 20% (for 2009).

Finally, among the other Meursault 1er Cru Les Perrières, some were more reasonable yet with increasing popularity, especially from aware amateurs. Les Perrières from Pierre Morey and Vincent Dancer remained stable but above €100 and a three-bottle lot of 2007 from Pierre Morey went for €432. Wine enthusiasts from France and Hong Kong were the ones who won the auctions on these lots.

 

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