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When you wanted extra proof {that a} Burgundy increase is upon us, this massive bottle is it.
A uncommon methuselah of 2002 Domaine de la Romanée-Conti (DRC) bought for an astonishing $398,400 at Acker’s Hong Kong public sale over the weekend, setting a brand new world file within the course of.
The sale, which attracted greater than $12 million in full, comprised a large assortment of DRC and Leroy that collectively was answerable for some 45 % of the income and greater than 100 new world information. It comes shortly after the public sale home posted $25 million in September gross sales, and is additional proof that world demand for the famed French crimson is accelerating at a dizzying price.
“We’re within the midst of a momentum and a market I’ve not seen in 25 years of doing wine auctions,” Acker’s chairman John Kapon mentioned in an announcement. “The Burgundy market is actually doubling proper earlier than our very eyes.”
1993 Domaine Leroy Musigny.
Acker Wines
The sought-after 6-liter DRC was adopted by loads that includes half a dozen bottles of prized 1993 Domaine Leroy Musigny (above) that hammered down for a record-breaking $244,181. Different highlights included an authentic wood case of coveted 2002 D’Auvenay (Leroy) Chevalier Montrachet that realized $231,329; three uncommon jeroboams of 1985 DRC Richebourg that bought for $205,626; and a dozen bottles of 1996 D’Auvenay (Leroy) Chevalier Montrachet that went for $167,071.
“Each consumers and sellers ought to pay shut consideration,” added Kapon. “For these lucky to have owned Burgundy for years, chances are you’ll very properly have a newly minted retirement fund, prepared for market.”
2002 D’Auvenay (Leroy) Chevalier Montrachet.
Acker Wines
Whereas Burgundy dominated the public sale, it wasn’t the one French varietal attracting spectacular figures. In keeping with Acker, Bordeaux quietly achieved 35 % of the day’s totals, suggesting that there’s a thirst for superb wine throughout the board.
Acker might help quench that thirst, too. The auctioneer is holding a single cellar sale on October 14 that will probably be devoted to the gathering of famous oenophile Dr. Ivan Volent. Acker can also be at present accepting wines for its fall auctions, do you have to wish to add just a few further {dollars} into that retirement fund.
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