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February is a traditionally strong auction month and this year was no different. Our February Live auction (the first for the new decade) was extremely successful with 90% of our Lots selling – making both our vendors and bidders very happy indeed. [caption id="attachment_1680" align="aligncenter" width="600"] Feb Live...
Written by Mark Orton When Pinot Noir was first planted in Central Otago, there’s a very good chance that no-one was giving much thought about garnering the attention of Burgundy. Just getting the vines to take and making palatable wines was a good start; but as anyone...
We’re mighty pleased to present our first Live/Online auction for 2020. We are thrilled to bits to bring to you the first live auction in New Zealand of the new decade. Not only do we hold more Live auctions than anyone else in New Zealand we...
Heat is not a friend of bottled wine (or any wine). Buying wine is great fun. However one must be very aware of problems that you can face in buying wine in summer. We see plenty of wines that come through The Wine Auction Room that...
Our first auction of the new decade proven to be another success. A beauty it was too with everything you need for the summer season and beyond. As we eased back into the rhythm of work while some of you were still in holidays, we welcomed many...
With our December online auction done and dusted, we had one of our strongest auction results to welcome the festive season. As always, we had over 100 registered bidders. The highest hammer win of the auction was 2003 Chateau Lafite which sold for $1410, followed by...
Our November Live & Buy Now auction has proven to be another success! We were privileged to have the greater part of the cellar of an industry champion, with many highlights but truly spectacular when it came to the selections from Alsace and Sauternes. These wines have great ageing potential and...
The Sauternes 50 index – a notoriously slow market mover – has risen 4.6% over the past three years. The broader Bordeaux 500 index has gone up 12.6% over the same period.
So far this year, Bordeaux’s fortunes have been mixed. Within its sub-indices, the Right Bank 50 has dipped the most (-3.1%), closely followed by the Sauternes 50 (-2.5%).
None of the Sauternes 50 constituent wines have made gains in the past year. As the chart below shows, Climens has fallen the most (-8.0%), while Suduiraut the least (-1.8%). Yquem, which recently released its 2017 vintage, has also dipped 7.3%.
The Sauternes story is not one of investment potential – especially when compared to the development of the broader market. But the sweet wines of Bordeaux continue to hold an allure to buyers, promising great quality (supported by broad critical acclaim) and representing the most affordable entry point into the fine wine market. And with the festive season upon us these honeyed treasures of Bordeaux are guaranteed to delight.
We are over the moon to bring you our November Rare and Fine Wine Auction. This auction will be in two parts as we are privileged to have the greater part of the cellar of an industry champion. After over 20 years in the wine...
5th May 2012 by Tim Atkin The wine world thrives on novelty: new vintages, new flavours, new producers. In some ways, this is both understandable and necessary. Creating a bit of sizzle around a category that, in the UK at least, is struggling against a combination of...