Pursuits
Lafite 1986 Fetches $21,300 at Auction as Bordeaux Prices Cool
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A case of Chateau Lafite-Rothschild 1986 fetched 13,225 pounds ($21,300) at a Sotheby’s auction of vintage Bordeaux in London, below highs earlier this year as the top six lots all went for less than their presale estimate.
The two-day sale, which ended yesterday, included more than 7,000 bottles of Bordeaux from an unidentified private European cellar, containing first growths from 1955 to 2004. The auction achieved a total $2.99 million compared with a presale estimate of as much as $4.18 million, with 85 percent of lots sold.