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Domaine de la Romanee-Conti Dominates Acker New York Sale

Domaine de la Romanee-Conti Wines
Domaine de la Romanee-Conti wines from Burgundy dominated a wine auction held by Acker Merrall & Condit in New York on May 3. Source: Acker Merrall & Condit via Bloomberg

May 8 (Bloomberg) -- Domaine de la Romanee-Conti wines from Burgundy’s Cote de Nuits region dominated an Acker Merrall & Condit sale in New York, accounting for the top 10 lots and led by an assorted case of the 1999 vintage fetching $37,050.

The auction on May 3 was from two collections and fetched a total of $2.9 million with all lots sold, according to an e-mailed statement from Acker. Burgundy producers Roumier, Rousseau and Coche-Dury were represented among the top 25 lots.

The auction came as investors and collectors sought older vintages from regions such as Burgundy, California and Champagne as a sales campaign for Bordeaux 2013 wines released last month approached its conclusion. The Liv-ex 50 Index of top Bordeaux has fallen for eight straight months.

“International bidding was a big part,” Acker Chief Executive Officer John Kapon said in the statement, noting it was “up almost 30 percent compared to the norm.”

Twelve bottles of 1995 Georges Roumier Bonnes Mares sold for $18,525, according to Acker, as did a separate six-bottle lot of 2005 Chateau Petrus, the top Bordeaux in the sale.

Six bottles of 2000 Coche-Dury Corton Charlemagne fetched $14,820 while 12 bottles of 2001 Rousseau Chambertin Clos de Beze sold for the same total, Acker said.

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

To contact the editors responsible for this story: Paul Sillitoe at psillitoe@bloomberg.net Robert Valpuesta, David Risser

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