Wine Market – Page 29 – Le blog iDealwine

Post author:iDealwine
Post published:19 December 2017

Obituary: Robert Wilmers from Haut-Bailly

The proprietor of Château Haut-Bailly, a classified cru vineyard in Graves, died at his home in New York on Saturday, 16th December. The world of wine has paid tribute to this businessman who was CEO of the American M&T Bank Corporation and also a great lover of wine and art and supporter of many French and American cultural institutions. An entrepreneur, Mr Wilmers was both a financier and a wine connoisseur. He was Chief Executive of the American M&T Bank Corporation and acquired Château Haut-Bailly in 1998 and Château Le Pape in 2012.…

Post author:iDealwine
Post published:3 December 2017

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

During the online auction that ended online on 15th November 2017 on iDealwine, a bottle of Romanée-Conti 2000 was auctioned €17,146 to a French amateur. This iconic bottle from La Romanée-Conti is setting the new record for the most expensive wine sold on iDealwine since its foundation! The new most expensive wine in the history of iDealwine auctions since its creation in 2000 is, without much surprise, Grand Cru Domaine de la Romanée-Conti 2000. For once, a French amateur purchased this wonderful bottle that is undeniably at the top of fine wines, with…

Post author:iDealwine
Post published:1 December 2017

Cornas: soaring auctions at the last moment

Cornas appellation has once again been in the spotlight in recent days, with a 1988 vintage from Marcel Judge reaching €572 during the auction of 15th November on iDealwine. Let's focus on the signatures that are currently making the buzz. The Rhône is definitely a region to follow closely. To the North, the appellations Hermitage and Côte-Rôtie offer immense red wines with long ageing potentials, but also treasures in the production areas surrounding them. This is why Cornas continues to see its prices climb. This appellation, which has been booming since the beginning…

Post author:iDealwine
Post published:13 November 2017

Burgundy Grands Crus: prices keep on soaring | Auction report

The sale of the Clos de Tart had not yet been confirmed. However, during the online auctions of 11th and 25th October on iDealwine, many Grands Crus that we thought were already at the top in terms of price, continued to increase. The most prestigious ones indeed reached new thresholds. Is it a simple focus on attractive Burgundy or a sustainable phenomenon? The answer will come in a few months. For now, let's take a look at the exceptional auctions recorded on iDealwine last month. More than €4,000 for a bottle of Montrachet…

Post author:iDealwine
Post published:7 November 2017

Clos de Tart | New owner: good or bad news?

It is now official, the Artémis Group, investment company owned by the Pinault family, bought the 7.53 hectare Clos de Tart, monopoly classified grand cru in Morey-Saint-Denis, Côtes de Nuits. The Mommessin family has been taking good care of this domain since 1932. Therefore, a chapter is closing in Clos de Tart’s history. Thunderclap in the calm world of wine: the Clos de Tart changes hands. This domain has only known three families of owners over nearly a millennium, underlining how endearing it is. Since its founding in 1141 by the Cistercian nuns,…

Post author:iDealwine
Post published:23 October 2017

Lafite: selling a Chinese wine in 2018?

A few days ago, Decanter revealed unpublished information on the upcoming commercialization of the first Chinese vintage of Domaines Barons de Rothschild (Lafite). This announcement encouraged us to push the investigation a little further... After Chile and Argentina, Domaines Baron de Rothschild (Lafite) conquers China! A country that the group knows well, and for a long time: Christophe Salin, its CEO does not spare his energy to travel the world - especially China – allowing people to discover and taste the wines from Château Lafite, the most prestigious name for Chinese connoisseurs. But…

Post author:iDealwine
Post published:12 October 2017

Pomerol star of Bordeaux | Auction report

The appellation Pomerol has attracted the appetite of amateurs during the online auction which ended on 29th August. Let’s discuss this world-famous appellation, and more particularly a cru which is starting to draw attention to it, Château La Fleur Petrus. On the scale of Bordeaux, Pomerol is simply microscopic: it covers 813 hectares which represents barely 0.7% of the vines planted in the region. The fabulous terroir of the appellation, identified in Roman times, was later exploited by the order of St. John of Jerusalem, Knight's Hospitaller. Pomerol was a popular stopover for…

Post author:iDealwine
Post published:12 October 2017

Domaine Leroy: record bids | Auction report

Icon from Côte de Nuits, Domaine Leroy triggers connoisseur’s interest, because of the excellent level of the wines and their rarity; these wines are almost unfindable on the market. The online auction closed on 27th September featured a rare series of grands crus produced by Lalou Bize-Leroy, which inevitably sparked off record bids. The name of Lalou Bize-Leroy and the one of her domain have Grail value in the imagination of wine lovers. As a great figure of the wine world, she enjoys a fine knowledge of Burgundian terroir since she was a…

Post author:iDealwine
Post published:25 September 2017

Yquem, Bordeaux 1982, La Tâche, Clos Rougeard | Auction report

The latest auction on iDealwine, which ended on 13th September, was full of rare wines. Focus on some of these exceptional lots. Two auctions per month on iDealwine: the pace is sustained, as nearly 100,000 bottles are sold via our platform at auction. And yet, each sale has its treasures, sourced from Europe finest cellars. The last auction illustrated well this fact. Yquem, huge and exceptional Right in the foreground, this catalog offered an exceptional series of large bottles from the Château d'Yquem. Unsurprisingly, it was the vintage 1990 (Parker points?) – a…

Post author:iDealwine
Post published:11 September 2017

iDealwine WineDex® outperforms CAC40 at the end of summer

iDealwine iDealwine indice100 index has increased by 6.50% since January and outperformed the CAC40, which increased by 5.48% at the end of August 2017. This increase is due to an excellent performance of Burgundy wines. iDealwine’s indices are at the top since the beginning of the year. As a reminder, the iDealwine indices measure the price fluctuations of a selection of top Bordeaux, Burgundy and Rhône wines at auction. These indicators are calculated from the iDealwine auction price estimates, and each of the wines included in the indice iDealwine selection are declined in…