Thirty 12-bottle cases of Sassicaia 2011 traded at 918 pounds ($1,422) each on the London-based Liv-ex online wine market as the Tuscan grower’s vintage accounted for the biggest individual share of trading in the past week.
That deal, at its highest price since April, took place on Aug. 5, with 10 cases sold for 900 pounds each on the following day, according to Liv-ex data on its Cellar Watch website.
Sassicaia is a wine from the Tuscan coastal area of Bolgheri pioneered in the 1940s and brought to market since the 1968 vintage. It blends cabernet sauvignon and cabernet franc, Bordeaux-style grapes, and its mature vintages sell for more than $2,000 a case.
“Italy continues to be a strong presence,” Liv-ex said in its Talking Trade market blog. “Having taken a record 10.5 percent of all trade in June, its July share remained firmly above the 2014 average of 5 percent, and the region stepped up again this week with good activity for Sassicaia 2011.”
Five six-bottle half-cases of Sassicaia 2011 traded for the equivalent of 970 pounds a case in August last year, while the vintage dipped as low as the equivalent of 840 pounds a case in June this year, according to Liv-ex data.
Other wines leading trading by value on the exchange in the past week included Chateau Angelus 2009 from Saint Emilion and Chateau Leoville Poyferre 2010 from Saint Julien, both critically-acclaimed Bordeaux vintages.