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Pichon-Lalande 2004 Sells at 18-Month High of $1,240 on Liv-Ex

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March 28 (Bloomberg) -- The 2004 vintage of Bordeaux wine producer Chateau Pichon-Longueville Comtesse de Lalande sold at an 18-month high of 820 pounds ($1,240) a case on London’s Liv-ex wine market yesterday, according to the Liv-ex market’s Cellar Watch website.

The sale was 41 percent above a 21-month low of 583 pounds reached in August, although below the $1,476 a case paid at an Acker Merrall & Condit auction in Hong Kong on Jan. 25, according to Liv-ex and Acker’s online sale results. Pichon-Lalande ranks as a second growth in the 1855 classification of Bordeaux’s Medoc wines, and is in the Pauillac appellation on the left bank of the Gironde estuary.

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

To contact the editor responsible for this story: Paul Sillitoe at psillitoe@bloomberg.net

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