A 12-bottle case of Montrachet 1973 Domaine de la Romanee-Conti Burgundy sold for $58,188 at a Sotheby’s auction in New York this month, making it top lot in a sale focusing on rare Burgundies from the cellar of collector Don Stott.
A dozen Bonnes Mares 1971 Domaine Georges Roumier fetched $55,125 while 12 bottles of Clos de la Roche Cuvee Vieilles Vignes 1980 Domaine Ponsot sold for $52,063, according to an e-mail from Sothebys.
The auction came amid collector appetite for historic rare Burgundies, even as demand for top Bordeaux produced in larger quantities has become more volatile. The sale raised $8.41 million at an average bottle price of $994, with leading growers including Domaine Armand Rousseau averaging $2,766 a bottle, Domaine Georges Roumier $1,918 and Henri Jayer Richebourg $11,805, according to Sotheby’s.
“The top lots were dominated by a variety of older vintages from some of the region’s most famous producers,” Duncan Sterling, Sotheby’s head of New York wine auctions, said in an e-mailed statement. “American collectors were the driving force, buying 83 percent of the sale.”
Two three-bottle lots of Jayer Vosne-Romanee Cros Parantoux, one from the 1993 vintage and one from 1999, each sold for $36,750, while among more historic vintages three bottles of Vosne-Romanee Les Gaudichots 1929 Domaine de la Romanee-Conti sold for $52,063 to an Asian private collector.
Stott, a New York financier and philanthropist, put the collection together over half a century, with Burgundy representing 56 percent of bottles in the two-day sale ended May 9 and 71 percent of the total raised.