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Lafite ’55 With Latour ’66 Joins Meursault at Bonhams

Meursault Perrieres 1986 Pierre Morey Burgundy
Meursault Perrieres 1986 Pierre Morey Burgundy is among vintage wines on sale at a Bonhams auction in San Francisco on July 27. Source: Bonhams via Bloomberg.

July 27 (Bloomberg) -- Two bottles of Chateau Lafite-Rothschild 1955 and a case of Chateau Latour 1966 are among historic Bordeaux vintages on sale with wines from Burgundy and Italy at a Bonhams San Francisco auction this weekend.

The two Lafite bottles are part of a mixed seven-bottle lot from the estate, which carries a top estimate of $15,000 and also includes four of its 1982 vintage and one from 1988. The case of Latour is estimated to fetch as much as $7,000, according to the online Bonhams catalog.

The auction comes as the Liv-ex Fine Wine 50 Index of top Bordeaux vintages has risen 4 percent this year, with declines since mid-March following a gain of 8 percent in the first 10 weeks of the year. Demand at auctions has been driven by older Burgundy vintages, including at a July 11 Bonhams London sale, as appetite for Bordeaux has been less consistent.

“While Bordeaux struggles to inspire the market, other regions are thriving,” Liv-ex wrote in a commentary posted on its market blog. “Relative values look vastly different to the market’s peak two years ago.”

At the Bonhams sale earlier this month, three bottles of Romanee-Conti 1999 made up the top lot, selling for 23,000 pounds ($35,100), while another three-bottle lot of Romanee-Conti 1989 sold for 17,250 pounds. In an e-mailed statement following the sale, Bonhams described the Burgundy estate as “currently the most consistent performer for wine at auction.”

Among other wines for auction at the San Francisco sale this weekend, a 12-bottle case of Chateau Mouton-Rothschild 1982 Bordeaux is estimated to fetch as much as $12,000 while rarer Burgundies feature a 12-bottle mixed lot of Meursault from producer Pierre Morey, including eight bottles of his Perrieres 1986, estimated at as much as $1,400.

Italian wines in the sale include six bottles of Barbaresco Sori San Lorenzo Gaja spanning the years from 1993 to 2004, priced to fetch as much as $1,300.

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.

JULY:

July 27:         Bonhams, San Francisco

AUGUST:

Aug. 31:         Christie’s, Hong Kong

SEPTEMBER:

Sept. 7:         Acker Merrall & Condit, New York
Sept. 7:         Sotheby’s, Hong Kong
Sept. 7:         Zachys, Hong Kong
Sept. 12:        Christie’s, London
Sept. 12:        Bonhams, London
Sept. 13/14:     Acker Merrall & Condit, Hong Kong
Sept. 14:        Bonhams, San Francisco
Sept. 18:        Sotheby’s, London
Sept. 20/21:     Sotheby’s, New York
Sept. 19/20:     Zachys, New York
Sept. 21:        Hart Davis Hart, Chicago
Sept. 26:        Christie’s, Shanghai

OCTOBER:

Oct. 4:          Sotheby’s, Hong Kong
Oct. 5:          Acker Merrall & Condit, New York
Oct. 11:         Christie’s, New York
Oct. 23:         Sotheby’s, London
Oct. 24:         Bonhams, London
Oct. 24:         Christie’s, London
Oct. 24/25:      Zachys, New York
Oct. 25/26:      Acker Merrall & Condit, Hong Kong
Oct. 26:         Hart Davis Hart, Chicago

NOVEMBER:

Nov. 7:          Christie’s, London
Nov. 13:         Christie’s, Geneva
Nov. 13:         Sotheby’s, London
Nov. 21:         Acker Merrall & Condit, New York
Nov. 21:         Bonhams, Hong Kong
Nov. 22          Christie’s, Hong Kong
Nov. 22/23:      Zachys, Hong Kong
Nov. 23:         Bonhams, San Francisco

DECEMBER:

Dec. 6/7:        Zachys, New York
Dec. 7:          Christie’s, New York
Dec. 7:          Hart Davis Hart, Chicago
Dec. 11:         Sotheby’s, London
Dec. 12:         Bonhams, London
Dec. 12:         Christie’s, London
Dec. 13/14       Acker Merrall & Condit, Hong Kong
Dec. 18:         Acker Merrall & Condit, New York

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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