Mouton Magnums Back to 1945 Fetch $266,000 at Christie’s

Source: Christie's Images Ltd. 2013 via Bloomberg

Bottles of Chateau Mouton-Rothschild dating back to 1945. Sixty-six magnums sold at a Christie's International Plc auction in Geneva on May 14 for 257,400 Swiss francs ($266,000). Close

Bottles of Chateau Mouton-Rothschild dating back to 1945. Sixty-six magnums sold at a... Read More

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Source: Christie's Images Ltd. 2013 via Bloomberg

Bottles of Chateau Mouton-Rothschild dating back to 1945. Sixty-six magnums sold at a Christie's International Plc auction in Geneva on May 14 for 257,400 Swiss francs ($266,000).

Sixty-six magnums of Chateau Mouton-Rothschild spanning the period from 1945 to 2008 fetched 257,400 Swiss francs ($266,000) at a Christie’s International Plc wine auction in Geneva this week which raised $3.96 million.

The collection of magnums from the Pauillac first-growth estate included one from each of the 64 vintages and two each from 1978 and 1993. Other lots included a case of Vosne-Romanee Cros Parantoux 2000 Henri Jayer, which sold for 64,350 francs, and 12 bottles of Le Pin 1989 Pomerol, which fetched $46,800.

An 11 percent gain in the four months to mid-March on the Liv-ex Fine Wine 50 Index has been followed by a 3 percent decline since then as investors have focused on the pricing of Bordeaux 2012 wine futures. The index on the London-based market is still up 5 percent since the start of this year.

Last month “the fine wine market saw a pause in its recovery as it waited for, and then reacted to, the latest en primeur releases from Bordeaux,” The Wine Investment Fund said in its monthly report. The London-based fund invests in Bordeaux and has about $50 million under management.

Three magnums of Cros Parantoux 1995 Henri Jayer sold for 37,440 francs at the Christie’s auction, while a Domaine de la Romanee-Conti assortment case from each of the years 1985 and 1996 sold for 35,100 francs and 30,420 francs respectively, according to Christie’s online auction results.

Following is a table of major wine auctions held so far this year, with the total sold. Links are to auction websites or results statements.

JANUARY:
Jan. 11/12:     Zachys, Hong Kong                     $4.65 mln
Jan. 25/26:     Acker, Merrall & Condit, Hong Kong    $6.82 mln
Jan. 30:        Sotheby’s, London                     $2.22 mln

FEBRUARY:

Feb. 2:         Hart Davis Hart, Chicago              $4.40 mln
Feb. 21:        Christie’s, London                    $1.47 mln
Feb. 23:        Acker, Merrall & Condit, New York     £3.10 mln
Feb. 23:        Sotheby’s, New York                   $1.46 mln
Feb. 27:        Sotheby’s, London                     $1.04 mln

MARCH:

March 7/8:      Zachys, New York                      $5.81 mln
March 14:       Christie’s, New York                  $1.37 mln
March 15/16:    Christie’s, Hong Kong                 $6.19 mln
March 21:       Christie’s, London                    $1.22 mln
March 22/23:    Acker Merrall & Condit, Hong Kong     $4.93 mln
March 23:       Hart Davis Hart, Chicago              $4.42 mln

APRIL:

April 3:        Acker Merrall & Condit, New York      $2.30 mln
April 3/4:      Sotheby’s, Hong Kong                  $8.86 mln
April 17:       Sotheby’s, London                     $2.06 mln
April 23:       Christie’s, Amsterdam                 $1.23 mln
April 25/26:    Zachys, New York                      $4.13 mln
April 26/27:    Sotheby’s, New York                   $2.60 mln
April 27:       Acker Merrall & Condit, New York      $2.48 mln

MAY:

May 2:          Christie’s, London                    $1.93 mln
May 14:         Christie’s, Geneva                    $3.96 mln

To contact the reporter on this story: Guy Collins in London on guycollins@bloomberg.net

To contact the editor responsible for this story: Mark Beech at mbeech@bloomberg.net

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