Auction Report October 2021 | Selosse, Edmond Vatan, and the peak of Piedmont

As we approach the end of the year, all eyes in the wine world are turning to the trends on the auction market. To give you an idea of what’s doing well, here are some of our top results and emerging names from the month of October. Selosse champagnes, Domaine Edmond Vatan’s Clos de la Néore cuvée, Piedmont cuvées, as well as the best-kept secrets of the Jura’s Domaine des Miroirs all feature.

Selosse

It’s clearly never too early to bid on bubbly for the end-of-year festivities, and Maison Selosse, an 8-hectare Champagne gem, has seen the value of its cuvées rise in recent times. On the 13th of October, a wine enthusiast from Hong Kong placed a winning bid of €860 on a two-bottle lots of the estate’s Carelles blanc de blancs. This single-parcel cuvée from Mesnil-sur-Oger thus saw a 53% increase on its estimated value! A few days before this, it was an American client who placed a top hammer price: €860 this time, too, for a two-bottle lot of Selosse’s rosé, a salmon-coloured champagne blend that has seen its value jump by 34%. It has to be said that the bottles from this property have established themselves as some of the famous region’s finest wines, reaching a rare level of perfection. And rare they are, since Selosse crafts fewer than 60,000 bottles a year, an important factor in these auction results.

Clos La Néore, an exclusive Sancerre cuvée

In the Loire, we find Domaine Edmond Vatan, one of the Sancerre appellation’s most coveted estates. Its famous Clos La Néore is a five-hectare vineyard south of the Monts Damnés. The domain’s only cuvée is made in around 4,000 bottles a year, making it a truly rare find. It carries notes of white fruit, citrus, and pineapple, as well as some herbal nuances. Three bottles of the 2016 vintage went under the hammer for €860, a 37% increase on its estimated value, and the 2006 and 2007 vintages jumped by 15%. A regional reference that is now only made in a generous magnum format!

Piedmont’s best kept secrets

As we saw in the month of September, October was marked by some excellent figures for non-French wines. Whilst Spanish cuvées took the spotlight last time, Italy’s mountainous Piedmont stood out in our more recent auctions. A magnum of Angelo Gaja’s 2004 Langhe Costa Russi went under the hammer for €395. A nice rise of 9% also for Giuseppe Rinaldi’s Barolo Tre Tine (in its 2014, 2015, and 2016 vintages), from an estate rich with five generations of winemaking know-how. Another successful result from this part of the world was Giuseppe Mascarello’s Monprivato cuvée, made from the family’s first vines that were acquired back in 1904 on an exceptional terroir. This plot is the quintessence of what Barolo can be, and a bottle of 2010 went for a top bid of €289 last month.

Three big results from three hectares

The name Domaine des Miroirs has a certain mystery about it, but it isn’t a secret to seasoned wine lovers. This young Jura estate is a neighbour to the legendary Ganevat, and remains relatively modest. Perhaps not for much longer though, since the wines made from its three hectares of sloping vineyards continue to beat their own records. The 205 Le Berceau cuvée recently saw a 29% increase on its estimate, the 2016 Miauiro sold for €798 (a 38% increase), and the 2013 Sonorité cuvée wznt under the hammer for €702, representing a 24% jump.

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