Report on December Online Auction and Announcing The Date of January Auction
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...
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
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.