|
Lafite, Margaux big bottles cause frenzied bidding
December 6, 2006
Howard G Goldberg in New York
The seismic effects of 2005 Bordeaux are still being felt – especially in auction rooms when bidders go into a frenzy over large-format First Growths.
Zachys' final auction of 2006, on 1-2 December, grossed US$4,779,490, while Hart Davis Hart's last sale of the year, on 2 December in Chicago, grossed US$2,059,423.
At Zachys, among the 2000 First Growth imperials (6 litres), a Margaux fetched $13,035, the top price for a lone bottle.
A Lafite-Rothschild fetched US$11,850, a Haut-Brion US$10,665, a Latour US$10,665, and a Mouton-Rothschild US$9,480. All went for more than their high estimates.
Six magnums (1.5 litres) of 1982 Mouton fetched US$17,775, and six magnums of 1982 Lafite US$16,590.
Twelve bottles of 1955 Latour from the cellar of Mahler-Besse, the Bordeaux négociant, fetched US$28,440.
This, the sale's highest single price, was well below the US$35,000 high estimate.
At Hart Davis Hart, a case of 1989 Haut Brion brought US$13,035, a case of 1986 Lafite US$8,887, a case of 1986 Mouton US$9,480, and a case of 1994 Latour US$5,332 – again above high estimates.
'The market is still reacting to the aggressive release prices of the 2005 Bordeaux,' said Paul Hart, the president.
'Bidders are obviously chasing other top vintages from the past 20 years – such as 1986, 1989, 1990, 1995, 1996 and 2000.
'They all look like bargains compared to the 2005s, and are closer to their window of readiness and maturity.'
Have your say...
To post your comment on this story, email us at news@decanter.com, making sure the relevant headline is in the subject field
 I notice that when you talk about auction house that you only talk or write about the houses that everyone hears about all the time. What about Morrell & Company? I know for a fact that this year alone they sold a six pack, owc of 1.5L 1982 Latour for around $17,000+. A case of 95 Petrus just hammered at $15,000 and they hammered a few case of 67 Yquem about two auctions ago. The names everyone knows is great and I love to hear about the wine but it seems that the people who take more pride in their business always seem to get overlooked. Santo Roman
|
|
Register on decanter.com absolutely free for news alerts delivered direct to your email inbox, and our fortnightly newsletter with advance notice of what’s coming up in Decanter magazine, offers, competitions and more.
PLUS registration is a one-stop shop for the Decanter magazine Archive and Decanter Fine Wine Tracker. |
Search for similar news stories
Back to index
|
