Romanee-Conti Leads Sotheby’s Wine Sale With La Tache, Petrus

By Steve Wynne-Jones
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Romanee-Conti Leads Sotheby’s Wine Sale With La Tache, Petrus

Romanee-Conti Burgundies from 1985 and 1990 led a Sotheby’s wine auction in New York along with neighbouring La Tache from the 1960s and Chateau Petrus 1975 from Bordeaux.

Four bottles of Romanee-Conti 1985 Domaine de la Romanee-Conti sold for $58,188 to an Asian private collector, according to the auction house, while three bottles of Romanee-Conti 1990 DRC sold for $45,938. Twelve bottles of La Tache 1964 DRC fetched $55,125 from a U.S. buyer.

The sale, amounting to $2.3 million, brought Sotheby’s total from New York wine auctions for the first half of the year to $10.2 million, amid indications collectors have appetite for older, rare wines from Burgundy and Bordeaux and also California and northern Italy.

The sale this month was “a sign of both a strong domestic and international market,” Connor Kriegel, head of wine auction sales at Sotheby’s New York, said in an email, describing the result as “solid.”

Twelve bottles of Chateau Petrus 1975 sold for $30,625 while four other 12-bottle lots of the same vintage from the grower also made it into the sale’s top 10 list at $27,563 each, according to Sotheby’s.

News by Bloomberg, edited by ESM

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