Sassicaia Magnums Star With Ornellaia at Acker, New York
Three magnums of pioneering Tuscan winegrower Sassicaia Tenuta San Guido dating from 1978, 1982 and 1985 are included in an Acker Merrall & Condit New York auction as part of an Italian collection including Ornellaia and Barolo.
The three, listed as a single lot, carry an upper estimate from Acker of $6,000 and include the first vintage released in that 1.5-liter format, according to the auction house’s catalog. A nine-magnum lot of Sassicaia spanning 1988 to 1999 carries a top price tag of $6,000, while an 11-bottle lot covering the years from 1980 to 1989 is estimated at as much as $3,500.
The sale comes amid a recovery in fine-wine prices over the past three months, after the London-based Liv-ex Fine Wine 50 Index touched its lowest level for 32 months in November. It has rallied 6 percent since then, and in January had its biggest monthly gain for two years, as investors and collectors sought wines whose prices were beaten down during the financial crisis.
Other vintages in the auction include a 12-bottle lot of Sassicaia covering the period 1967 to 1979 and 25 bottles of neighboring estate Tenuta dell’Ornellaia spanning the years 1985 to 2004, estimated to fetch as much as $4,800. Five bottles of Monfortino Riserva Giacomo Conterno spanning the years 1961 to 1969 have an upper estimate of $3,500.
Sotheby’s (BID) also holds an auction in New York today at which Ornellaia wines from the past two decades and lots from top Bordeaux vineyard Chateau Petrus are on sale, along with Dom Perignon Champagne from vintages spanning more than 30 years.
A four-magnum lot of Dom Perignon Rose Oenotheque 1978 is estimated to fetch as much as $20,000 at the sale, according to the Sotheby’s catalog. The top estimate for three magnums of the 1966 vintage is $18,000, and $15,000 for four magnums from 1982. Sotheby’s is also scheduled to hold a sale in London on Feb. 27.
Here is a list of global wine auctions scheduled so far this year. Dates may be subject to revision, and links are to auction house sale catalogs and websites.
FEBRUARY: Feb. 23: Acker, Merrall & Condit, New York Feb. 23: Sotheby’s, New York Feb. 27: Sotheby’s, London MARCH: March 7/8: Zachys, New York March 14: Christie’s, New York March 15/16: Christie’s, Hong Kong March 20: Sotheby’s, London March 21: Christie’s, London March 22/23: Acker, Merrall & Condit, Hong Kong March 23: Hart Davis Hart, Chicago March 27: Acker, Merrall & Condit, New York APRIL: April 3: Acker, Merrall & Condit, New York April 3/4: Sotheby’s, Hong Kong April 12: Christie’s, New York April 17: Sotheby’s, London April 23: Christie’s, Amsterdam April 26/27: Sotheby’s, New York April 27: Acker, Merrall & Condit, New York MAY: May 2: Christie’s, London May 11: Hart Davis Hart, Chicago May 14: Christie’s, Geneva May 15: Sotheby’s, London May 18: Hart Davis Hart, Chicago May 23: Bonhams, Hong Kong May 24: Christie’s, New York May 24: Christie’s, Hong Kong May 24/25: Acker, Merrall & Condit, Hong Kong May 29: Acker, Merrall & Condit, New York JUNE: June 4: Christie’s, Amsterdam June 6: Christie’s, London June 8: Sotheby’s, New York June 12: Sotheby’s, London June 28: Christie’s, Paris June 29: Acker, Merrall & Condit, New York June 29: Hart Davis Hart, Chicago JULY: July 10: Sotheby’s, London SEPTEMBER: Sept. 7: Acker, Merrall & Condit, New York Sept. 21: Hart Davis Hart, Chicago Sept. 27/28: Acker, Merrall & Condit, Hong Kong OCTOBER: Oct. 26: Hart Davis Hart, Chicago NOVEMBER: Nov. 20/22: Bonhams, Hong Kong DECEMBER: Dec. 7: Hart Davis Hart, Chicago
To contact the reporter on the story: Guy Collins in London on guycollins@bloomberg.net
To contact the editor responsible for this story: Mark Beech at mbeech@bloomberg.net
Monfortino Giacomo Conterno Barolo wines
Acker Merrall & Condit via Bloomberg.
Monfortino Giacomo Conterno Barolo wines included in an Acker Merrall & Condit auction in New York.
Monfortino Giacomo Conterno Barolo wines included in an Acker Merrall & Condit auction in New York. Source: Acker Merrall & Condit via Bloomberg.
Sassicaia Tenuta San Guido wine
Acker Merrall & Condit via Bloomberg.
Sassicaia Tenuta San Guido wine included in an Acker Merrall & Condit auction in New York.
Sassicaia Tenuta San Guido wine included in an Acker Merrall & Condit auction in New York. Source: Acker Merrall & Condit via Bloomberg.
A four-magnum lot of Dom Perignon Rose Oenotheque 1978 is estimated to fetch as much as $20,000 at the sale on Feb. 23, according to the online Sotheby’s catalog. The auction will take place in New York. Source: Sotheby's via Bloomberg
Selections from the Italian Tuscan coastal vineyard Tenuta dell’Ornellaia, covering most vintages since 1990, are to go on sale in New York. Source: Sotheby's via Bloomberg
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