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  • Sotheby's Bordeaux fine wine auction 'puts vintages to the test' in London
  • Post author
    Paul Fraser
  • BordeauxfineSotheby'swine

Sotheby's Bordeaux fine wine auction 'puts vintages to the test' in London

Paul expects there will be less opportunities to buy Bordeaux fine wines in 2012's markets.

Because of an oversupply of the region's coveted wines in 2011 - no doubt spurred by hype surrounding the most recent vintages - prices were less buoyant than in recent years.  

But, as Paul commented in his weekly column, this year's "slowdown" should be a good thing.

As the resilient markets re-stabilise, there could be plenty of opportunities for collectors like you to 'get a hold' on these markets and pick up some great wine investments at auction.

Expert Simon Staples, the Hong Kong head of sales and marketing at wine broker Berry Bros & Rudd, reckons his clients will be on the lookout for "Bordeaux second growths and the top 10 names in Burgundy."

Domaine Romanee-Conti (DRC) wines, which are especially rare, are also expected to emerge - or rather continue their status - as big auction stars.

 


Even as the the fine wine markets re-stabilise, the quality
of the wines themselves - like these 2010 Bordeaux magnums
(pictured) - remains


These theories and more will be put to the test on January 25.

On that day, a vast European wine collection of more than 6,000 bottles will auction at Sotheby's in London. The collection is estimated to bring £1.4m-1.8m ($2,775,400).

Expect to see vintages from 1953 to 1995 in the sale. Even better, more than 100 cases of these wines contain the rare and highly-rated 1982 Bordeaux vintage.

Prior to this, there will be a trio of wine sales in Hong Kong.

Together, the three sales are expected to net $25m and should consolidate Hong Kong's status as the new global epicentre of collectible fine wines.

Watch this space for more upcoming news from the global fine wine markets.


 

  • Post author
    Paul Fraser
  • BordeauxfineSotheby'swine