Fine & Rare Wines auction at Bonhams tops $843K while setting record prices

27 Jul 2013, Fine & Rare Wines
Fine & Rare Wines

San Francisco—Bonhams Fine & Rare Wines auction, July 27 in San Francisco, simulcast in New York and Los Angeles, realized strong results of $843,020 with 91% of lots sold. The auction featured 791 lots, the majority of which came from the cellar of a California collector who focused extensively on white Burgundies, German Rieslings and California Cabernets. All ex-Chateaux and purchased on release, this was a consignment of exemplary provenance.

Leading the auction's results was a six-bottle lot of 1985 Ramonet Montrachet which brought in $13,090, including premium, showing the increased and continuing global demand for top Burgundy. Not to be outdone, Bordeaux showed its market strength as a 12-bottle lot of 1982 Mouton Rothschild reached $11,900, including premium.

Additional notable offerings included a three-bottle case of 2007 Screaming Eagle Cabernet Sauvignon and a mixed case of 1985 Raveneau Chablis, each separately achieving $7,140, with the latter lot soaring well past its estimate. Also of note, a two-bottle lot of 1986 Domaine del la Romanee-Conti Montrachet brought $6,545.

Highlights also included a 12-bottle lot of 1995 Chateau Margaux and a 12-bottle lot of 1984 Chateau Lafite Rothschild, each separately bringing in $5,355.

Strong results were also received for many lots of classic California wines, with a 10-bottle lot of 1978 and 1979 Chateau Montelena Estate Cabernet Sauvignon selling for $1,900; a mixed 22-bottle lot of Diamond Creek Volcanic Creek Cabernet Sauvignon achieving $7,140; and a lot of 1978 Heitz Cellars Martha's Vineyard Cabernet Sauvignon, consisting of three bottles and three magnums, reaching a record price of $2,975. These excellent results again showed Bonhams to be the preeminent venue for the auction of classic California wines.

The illustrated auction catalog for the September 14 sale will be available online for review and purchase in the weeks preceding the sale at www.bonhams.com/auctions/21000/. For more information about the department, please visit www.bonhams.com/departments/WIN/.

Auction: September 14, San Francisco, simulcast in New York and Los Angeles


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