Wine auctions
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Mature Burgundy fuels Hong Kong wine auctions
Asian buyers have continued to snap up top rated mature Burgundy in a succession of recent Hong Kong auctions, but sales also suggest collectors are searching for a greater diversity of wines.
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Hong Kong: Wine auction houses to fight for buyers
Some of the world’s biggest auction houses are going head-to-head in Hong Kong with a series of fine and rare wine sales.
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Sotheby's NY single-owner cellar auction reaches over 8.4m USD
Burgundy was the star of Sotheby’s most lucrative New York wine auction in 15 years, with receipts totalling over 8.4m USD – some 22% above the sale’s high estimate.
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First Sonoma barrel auction led by 2014 vintage Pinot Noir
Pinot Noir from the 2014 vintage led the line in the inaugural Sonoma Barrel Auction, with a collaboration between Williams Selyem, Joseph Swan and Kosta Brown taking joint top lot.
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Premiere Napa Valley auction sales hit record $6m
The Premiere Napa Valley auction has set a new sales record of $6m, thanks to fierce bidding for Cabernet Sauvignon wines from California's 2013 vintage.
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Cape Wine Auction 2015 sales rise by 50 percent
Strong bidding during the AfrAsia Bank Cape Wine Auction in South Africa saw total sales rise by 50% on the previous year, with Vrede en Lust, Saxenburg and Paul Cluver wines among the top lots.
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Mouton ex-chateau auction breaks records in Hong Kong
Chateau Mouton Rothschild's first ex-chateau wine auction in Asia fetched a total of US$4.1m, more than double its pre-sale estimate, when it concluded this weekend at Sotheby's Hong Kong Gallery.
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$500,000 Krug 'experience' tops Naples 2015 auction
A cache of Krug Champagne and the lure of a private blending session with international consultant Michel Rolland helped the annual Naples Winter Wine Festival auction to raise $12m.
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Hospices de Beaune auction achieves record €8m sales
Burgundy’s Hospices de Beaune auction has seen sales top €8m, a record total for the third year in a row, but negociants warned the result was 'troubling' for the market.
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Hospices de Beaune
The Hospices de Beaune is the world's oldest charity wine sale. It takes place annually in Beaune in Burgundy and has been hosted by Christie's auction house since 2005.
Each year different wines or 'cuvées' are entered into the auction all named after the benefactors who gave their vineyards to the Hospices de Beaune.
The wines will be offered 'en primeur' in barrels, or 'pièces' from that year's harvest and then tended by a négociant-éleveur before being bottled, one or two years after the sale, in the buyers choice of format. A barrel amounts to approximately 288 bottles or 24 cases of 12 bottles.
The auction takes place every year in November, with the 2014 auction number 154 in the history of Hospices de Beaune. -
Bordeaux 1982 pulls in buyers at US auction
A return to form for Bordeaux 1982 led the line as fine wine buyers bought all lots offered in Hart Davis Hart's Bordeaux-only auction in Chicago.
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Hospices de Beaune 2014: New white wine added to auction
A new cuvee of white wine from Beaune has been added to the auction list at the upcoming Hospices de Beaune auction, providing a 'small but welcome' boost to the overall total number of lots for sale, up 20% compared to last year.
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Top US auction house bets on Bordeaux rebound
Chicago's Hart Davis Hart will hold its first Bordeaux-only auction at the end of this month, in what could prove a key test for signs of improved buyer confidence in 2014.
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Sotheby's claims auction record with DRC 'super lot'
Sotheby's has sold a 114-bottle 'super lot' of DRC Romanee-Conti wines for more than US$1.5m in Hong Kong, reinforcing collectors' thirst for top Burgundy and setting a new auction record.
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Bordeaux returns to fore at US wine auctions
Auctions by Christie's and Hart Davis Hart in the US show signs of improved interest in Bordeaux, but sale prices suggest buyers are wary of overspending.
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Lower Bordeaux prices hit Christie's wine auction results in 2013
Collectors' thirst for Burgundy in 2013 was not enough to prevent lower prices for Bordeaux causing a drop in Christie’s wine auction sales for the year.
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Debut Wally's auction in New York raises $2.68m
Just four months after being founded, Wally's Auctions has added to evidence that New York's wine auction scene remains buoyant in autumn 2013 after its inaugural sale fetched $2.68m.
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Hospices de Beaune auction sales highest on record
This year's Hospices de Beaune auction has achieved a record sales total, raising over EUR6.3m, despite the smallest volume of wine on sale for three decades.
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Bidding war hikes price for Moet 1914 Champagne at Sotheby's
Bottles of 1914 vintage Moet & Chandon Champagne have significantly beaten sales estimates at a Sotheby's auction in London, with the much-lauded 1928 vintage also faring well.
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Hospices de Beaune: Christie's preview tasting
Bidders hoping for softer prices at this year's Hospices de Beaune auction, following a high sales total in 2012, could be disappointed judging by the mood during this week's preview tasting at Christie's London.
