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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…

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Château Rayas, iconic | Auction report

Both red and white wines from château Rayas have livened up the online auction, which ended on 16th August on iDealwine. Château Rayas occupies a special place in amateurs’ hearts and in the auction landscape. As we have been following the evolution of this mythical domain’s prices from Châteauneuf-du-Pape, for nearly 20 years, we have only very rarely seen them drop. The rarity, of course, and the difficulty of finding wines elsewhere than at the domain (or on iDealwine J) contribute to making Rayas one of the best blue chips among the great…

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Guigal purchases Domaine de Nalys, in Châteauneuf-du-Pape 

As in any industry, transactions are usual for the wine sector. Guigal acquired Domaine de Nalys at the end of July. A new adventure for the family historically from northern Rhône which now turns towards the southern part, starting with a prestigious name: Châteauneuf-du-Pape. The wines from Châteauneuf-du-Pape are known worldwide and this may arouse certain interests. Consequence: at the end of July 2017, Guigal announced purchasing Domaine de Nalys from Groupama, which owned it since 1975. This acquisition enables Guigal, historically based in Ampuis, to conquer the South of the region, where it…

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Top 20 of Rhône wines

During the first half of 2017, wines from the Rhône represented 13% of the volumes sold at auction on iDealwine. Here are the TOP 20 cuvées which have recorded the highest price rises since the beginning of the year. The Rhône is the first stop of this "Tour de France" of great domains. After an eclipse in the auction market, due partly to soaring prices on great Burgundy wines, Rhône wines are gradually regaining the front of the scenes. The WineDex® Rhône indices, fueled in particular by US demand, recorded an increase of…

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The “Pope of Condrieu” dies

The wine industry was  recently saddened to learn of the death of Georges Vernay. Fondly known as the “Pope of Condrieu” he was a tireless advocate of the Viognier grape and fought throughout his life to promote wines from a village abandoned by producers after the war. “I preferred the wines from the slopes to those from the plains which I thought were mediocre” Georges Vernay stated last November. It wasn’t that long ago in fact that wine from the Rhône Valley was sold in bulk, and producers in the Côte-Rôtie and Condrieu…

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