Petrus ’78 Jeroboam Features Among Top Bonham Wine Lots

Chateau Petrus 1978
A 4.5-liter jeroboam of Chateau Petrus 1978 wine from Bordeaux's Pomerol region was auctioned at Bonhams in London on July 16. Source: Bonhams via Bloomberg

A 4.5-liter jeroboam of Chateau Petrus 1978 and six magnums of Louis Roederer Cristal 1996 champagne were among the top lots at a Bonhams wine auction in London this month as demand focused on more recent Bordeaux first growths.

The large-format Petrus fetched 4,700 pounds ($7,310) at the July 16 sale while the six Cristal 1.5-liter magnums sold for 3,290 pounds, according to an e-mailed Bonhams statement. Top lot at the auction was a single bottle of Romanee-Conti 2000 Burgundy that went for 6,463 pounds.

The Liv-ex Fine Wine 100 Index, containing mainly Bordeaux but also Burgundy, Rhone, Champagne and Italian wines, rose 2 percent in the first six months of this year after four years of declines, as appetite for more recent vintages started to return to the market.

“Large format bottles are always popular, particularly with private clients buying for a special occasion,” Richard Harvey, Bonhams director of wine, was cited as saying before the auction. The sale was “especially strong in this area.”

Top Medoc wines in the sale included 12 bottles of Chateau Lafite Rothschild 2005, which fetched 5,523 pounds, and a dozen bottles of Chateau Latour from the same vintage, which sold for 5,288 pounds.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE