19 Jan Report on January Auction & Announcing the Date of February LIVE Auction

Our first auction of the year 2022 finished last Sunday and went beyond its presale estimates, thanks for all our bidders who made it another success.

 

Burgundy was the absolute star region that led the show. 1990 Domaine des Comtes Lafon Meursault-Charmes 1er Cru and 1990 Pierre Morey Batard-Montrachet Grand Cru took the highest hammer win at $1351.25, followed by 1993 Domaine des Comtes Lafon Meursault-Perrieres 1er Cru at $1128. Other names from Burgundy worth to mention were 1990 Domaine des Comtes Lafon Meursault-Genevrieres which achieved $963.50 (1999 Comte Armand Pommard Clos des Epeneaux 1er Cru Magnum sold for the same price) while 1990 Domaine des Comtes Lafon Meursault-Genevrieres reached $963.50.

 

In recent years, there has been a significant expansion in the market of Italian fine wine, the increased trading of Italian wine on the secondary market trade has seen Italy become the third most traded category, a recent report from Liv-ex shows. The country enjoying a record high market share at 16% in the year-to-date, behind only Bordeaux (40.5%) and Burgundy (20.4%). And we could vouch for the trend from our past actions data too. Last Sunday, 1999 Masseto Tenuta dell’Ornellaia got snapped at $1057.50 and 1958 Gaja Barbaresco sold for $998.75, great buys.

 

Other highlights include both 1993 & 1997 Penfolds Grange Bin 95 sold for $681.50, 2012 Stonyridge Vineyard Larose reached $305.50, NV George Goulet Brut Methuselah sold for $470, and 2003 Domaine Weinbach Cuvee Ste Catherine L’inedit Schlossberg Grand Cru reached $164.50.

 

Our next auction will be a LIVE/online event on Tuesday 8th February at Caro’s Wine 14 Mackelvie Street, Grey Lynn. Please note the auction will start at 6.00 pm. As usual, this will be streamed live on auctions.wineauctionroom.com. The full catalogue has already been published, make sure to have a look, wishlist your favorite or place your early absentee bids.