Mouton Dating Back to ’45 Leads Christie’s Geneva Sale
A collection of 66 magnums of Chateau Mouton-Rothschild spanning the years between 1945 and 2008 is poised to lead a two-day Christie’s International Plc wine auction in Geneva this month, according to its online catalog.
The vertical Mouton lot carries a presale estimate of as much as 300,000 Swiss francs ($322,000), while a parallel collection of 66 standard-sized Mouton bottles dating from the same vintages carry a price tag of as much as 150,000 francs. Each lot spans 64 vintages and includes two bottles from the years 1978 and 1993.
Demand from investors for Bordeaux after two price slumps in the past five years has boosted the London-based Liv-ex Fine Wine 50 Index by 9 percent since November, when it touched a 31-month low. The gauge fell in April after posting four straight monthly gains, as investors focused on the pricing of the new Bordeaux 2012 vintage coming to market and how that will affect older wines already trading.
“Our prediction for the wine market in 2013 is that a considerable amount of the ground lost in 2012 will be regained by mature vintages, and perhaps a little less so by younger wines,” Peter Lunzer, founder of Lunzer Wine Investments in London, said in his e-mailed April market report. He helps manage wine investment and trading accounts worth $34 million.
Mouton-Rothschild is one of five Bordeaux left-bank first-growth producers, winning promotion to that status in 1973. Its labels have featured different artists each year since the end of World War II, with contributors including Georges Braque, Andy Warhol and Marc Chagall.
The Christie’s Geneva sale also offers a case of Henri Jayer Vosne-Romanee Cros Parantoux 2000 Burgundy, estimated to fetch as much as 48,000 Swiss francs, and 10 bottles of the same producer’s Cros Parantoux 1995, with a price tag of as much as 45,000 francs.
The Geneva sale follows an Amsterdam auction by Christie’s last month at which top lots included a single bottle of Romanee-Conti 1986 Domaine de la Romanee-Conti Burgundy, which fetched 6,900 euros ($9,040), and three bottles of Chateau Cheval Blanc 1949, which sold for 6,325 euros.
Here is a list of global wine auctions scheduled so far this year. Dates may be subject to revision, and links are to auction house sale catalogs and websites.
MAY: May 11: Spectrum, Los Angeles May 14/15: Christie’s, Geneva May 18: Bonhams, San Francisco May 18: Hart Davis Hart, Chicago May 22: Sotheby’s, London May 23: Bonhams, Hong Kong May 23: Bonhams, London May 24/25: Christie’s, Hong Kong May 24/25: Zachys, Hong Kong May 29: Acker Merrall & Condit, New York May 30/31: Christie’s, New York May 31: Acker, Merrall & Condit, Hong Kong JUNE: June 1: Acker, Merrall & Condit, Hong Kong June 6: Christie’s, London June 8: Sotheby’s, New York June 12: Sotheby’s, London June 28: Christie’s, Paris June 29: Acker Merrall & Condit, New York June 29: Hart Davis Hart, Chicago JULY: July 11: Bonhams, London July 17: Sotheby’s, London July 27: Bonhams, San Francisco SEPTEMBER: Sept. 7: Acker Merrall & Condit, New York Sept. 11: Sotheby’s, London Sept. 12: Bonhams, London Sept. 14: Bonhams, San Francisco Sept. 21: Hart Davis Hart, Chicago Sept. 27/28: Acker Merrall & Condit, Hong Kong OCTOBER: Oct. 24: Bonhams, London Oct. 26: Hart Davis Hart, Chicago NOVEMBER: Nov. 20/22: Bonhams, Hong Kong DECEMBER: Dec. 7: Hart Davis Hart, Chicago Dec. 12: Bonhams, London
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