No summer lull in iDealwine’s latest auctions!

Rousseau

Be it in France or overseas, no vineyard went unnoticed this summer on iDealwine’s platform. Here we cast our attention to August’s auctions, which saw a selection of 6 bottles of Chambertin from Armand Rousseau go for €13,011 (+61%).

There’s no such thing as a summer break when it comes to iDealwine auctions! You may have been somewhere under the sun, in the mountains, or exploring a far away country… yet, not one of you gave up on the auctions, far from it J. Even in August, there were many of our best bottles on the platform, those bottles which don’t pass you by under any circumstances. Burgundy is of course at the top of the list, with a rare selection of 6 successive vintage from the Grand Cru Chambertin of Armand Rousseau (2001-2006). Bought by an Italian bidder, this €13,011 lot literally blew its usual iDealwine price estimate out of the water (+61%).

Another star of the Côte de Nuits, whose prices are only climbing: the iconic Chambolle-Musigny Les Amoureuses from Domaine Roumier. In the memorable 2015 vintage, this now cult wine reached – hold tight – €3,526 (21%) for one bottle 16th August of last year.

As far as Bordeaux is concerned, the vintages from the turn of the century were prominent in this auction. A 1961 Château-Cheval-Blanc sold for €1,642 (+12%), whereas a 1986 Mouton-Rothschild reached €730. Just as sought-after, Château-Montrose 1990 went for €482 (+20%). 1990, which, over the years has proved itself to be one of the great vintages for the finest mature wines, very often does well at auction: Château Latour now goes for €638 (+11%), Pichon Baron €266 (+4%), Léoville Poyferré €223 (+7%) and Figeac – decidedly on the rise €227 (+45%). The equally lusted-after 1989 harvest saw a nice increase for Château Lynch Bages, sold for €324 (+26%).

In the Rhone valley, the northern appellations are proving popular. First and foremost, of course, Jean-Louis Chave’s Hermitage (€345 for a red in the 2005 vintage, +22%), but also René Rostaing’s Côte Rôtie (Côte Blonde 1999: €365€, +11%) and even more so Côte Blonde La Garde from Domaine Dervieux Thaize (1985: €485 +60%). That’s without forgetting one of the stars of the moment, Domaine Gonon, the devotees of whom actively search out their Saint Joseph (€182 for the 2007 vintage, +32%). To the south of the region, enthusiasm for Emmanuel Reynaud’s wines (owner of Château Rayas) is not failing either: to get his hands on their famous cuvée Pignan, produced from a parcel adjoining Rayas (with distinctive soil characteristics), a Chinese wine enthusiast spent €316 (+30%). The 2007 reached the same price.

In other regions, wine lovers would have given anything rather than let the ever-so-rare white cuvée from Grange des pères pass them by: in the 2009 vintage, it sold for €535 (+47%). Prices for wines from Domaine Ganevat in the Jura continue to soar: the cuvée (in magnum) “Les vignes de mon père” in the 2006 vintage was bought by an American enthusiast for €389 (+7%). In Bandol, a magnum of domaine Tempier’s cuvée La Tourtine 2007 went for €158 (+30%).

We’ll end this report with a look at non-French vineyards, especially those in the United States, which we recommend keeping a close eye on. Whilst the latest vintage of Opus One is being released onto the market, it’s worth noting that the prices for older vintages are soaring, for instance 1982, bought by a Japanese bidder for €207 (+59%), or the 2000 which sold for €255 (+145%). Also in the USA, the first-class cuvée produced by Colgin Cellars, which was for a large part bought up by the LVMH group in March 2018. In the 2009 vintage, a bottle produced from the IX parcel (planted with Bordelais grape varieties) was sold for €365.

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Other things to read on the iDealwine blog:

Foire aux vins: more than 200 incredible finds, from €7

June Auction Report: Liger Belair and Domaine des Miroirs (Jura) in the spotlight

The auctions make a comeback: 4,200 rare and unfindable wines

 

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