Roumier Burgundies From 1970s Lead Wally’s New York Sale

Chambolle Musigny

Chambolle Musigny

Domaine Georges Roumier Burgundy wines from the 1970s are poised to lead a sale by Wally’s Auctions in New York this week as demand for rare bottles from the region continues to fuel the market.

Four bottles of Chambolle Musigny Les Amoureuses Domaine G. Roumier 1976 are estimated to fetch as much as $7,500 at the two-day sale starting Friday, while a single bottle of Musigny 1976 from the same producer carries an estimate of up to $2,400. Five bottles of Musigny Roumier from the 1978 vintage are priced at as much as $60,000, according to a Wally’s e-mail.

The sale comes as Burgundy wines are dominating top lots at global auctions even as collectors’ attention is starting to turn to the new Bordeaux 2014 vintage just coming to market. Burgundy prices have remained buoyant while Bordeaux has struggled to generate demand in the international wine trade.

The auction is “noteworthy for its depth of rarities,” Wally’s said in a statement accompanying the sale, describing the Roumier wines as “well-sourced bottles rested in the United Kingdom since original release.”

The sale also includes more recent wines from Romanee Conti Domaine de la Romanee Conti Burgundy, including two bottles of the 2005 vintage estimated at as much as $30,000 and three bottles of the 2007 vintage priced at as much as $40,000.

The auction also features wines from the Rhone, including Cote Rotie, and a collection of Sine Qua Non from California.

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