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Hospices de Beaune: new records, a raise of €13.5 million

On Sunday 19th November, the 157th charity auction of the Hospices de Beaune was held. A sale that reached the record level of €13.5 million collected, reflecting the frenzy of connoisseurs for great Burgundy wines. An enthusiasm reinforced in recent weeks by the purchase of Clos de Tart by the businessman François Pinault. Last Sunday (3rd Sunday of November), the traditional charity auction of the Hospices de Beaune was held. This hospital institution was founded in 1443 and owns 60 hectares, mostly in Premier Cru and Grand Cru, from legacies and donations. In…

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Auction report: mature vintages from the top Burgundy on the rise

  The sale that closed on 15 June saw a let-up in prices for several regions, notably Champagne, Bordeaux, and in Languedoc the Grange des Pères.  Burgundy, by contrast, had a strong showing, particularly for whites. In Bordeaux, one of the main market indicators is Château Lafite Rothschild, which has long served as a barometer of Asian demand. At present we are seeing a stabilisation or even a slight fall in the prices of wines from this Pauillac premier cru. Bottles from 1982 and 1996 sold for the same as their iDealwine estimate…

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