High prices across the board at Bonhams July wine sale

11 Jul 2013, Fine & Rare Wines

Bonhams sale of Fine & Rare Wines at New Bond Street last week (11 July) was nearly 90% sold by value with some high prices realized across the board.

Not surprisingly, top spot went to Romanée Conti, currently the most consistent performer for wine at auction. Three bottles of the 1999 vintage sold for £23,000 with three bottles of the 1989 going for £17,250. Two bottles of the 1994 sold at £11,500 and a single bottle of the 1972 exceeded its £2,500-3,000 estimate at £4,370.

In a sale which offered one of the widest and most interesting selections of wine to date this year, Italian wines did notably well. 10 bottles of Barbaresco Asili 1996 sold for £1,840 against an estimate of £800-1000; six bottles of Amarone 1997 for £1,840 against an estimate of £1300-1500, and 11 bottles of Brunello di Montalcino Riserva 1991 from Case Basse were bought for £2,875 against an estimate of £1,700 – 2,000.

Six magnums of Paul Jaboulet's Hermitage La Chapelle 1978 from a distinguished College sold at £10,350 and Huet's 1949 Vouvray demi-sec, Le Haut-Lieu, from the same consigner made £700 for six bottles.

Top prices from Bordeaux included £11,500 for a case of Chateau Latour 1959, £5,750 for six bottles of 1976 Petrus (estimate £3,500-4,000) and £8280 for a case of Mouton Rothschild 1982.

A case of 12 halves of Château d'Yquem from the 2001 vintage sold for £2185 (estimate £1,600-1,900) and the top lot of Champagne was six bottles of Bollinger RD 1973 which went for £1,725.

Rare bottlings of fine Cognac included £6,900 for a collection of eight Erté decanters (estimate £4,000-5,000) and £1,380 for a decanter of Rémy Martin Age Inconnu (estimate £700-900).

Richard Harvey MW, International Director of Bonhams Wine Department said, "It is always satisfying to be able to offer collectors a wide choice and the consistently high prices achieved across a breadth of wines shows there is a healthy appetite for wine from countries and producers outside the long favored areas of Burgundy and Bordeaux."


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com

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