Chave With Beaucastel Among Rhones Leading Bonhams Sale

Wines from Rhone producer Jean-Louis Chave from the 1990 vintage and Chateauneuf-du-Pape estate Chateau de Beaucastel dating back to 1989 are among Rhones leading a sale by Bonhams in London today.

Six bottles of Hermitage 1990 Domaine Jean-Louis Chave are estimated to fetch as much as 2,000 pounds ($3,200) while a magnum of Beaucastel 1989 Hommage a Jacques Perrin is priced to fetch as much as 950 pounds, according to the Bonhams website.

Investors and collectors have been focusing on regions such as Burgundy, Rhone, Champagne and northern Italy as prices for Bordeaux have declined over the past three years. Wine auctions internationally are beginning to pick up pace again this week after a two-month summer break.

“A lot of wine buyers are looking at areas like the Rhone, also Italy,” Richard Harvey, senior international director for fine and rare wines at Bonhams, said in an interview in London this week. “We’ve been very successful with top German wines as well.”

Among older Bordeaux in the sale, a case of Chateau Mouton Rothschild 1986 and a 12-bottle lot of Chateau Latour 1990 are each estimated to fetch as much as 5,000 pounds, while a case of Chateau Haut-Brion 1989 is listed at as much as 8,500 pounds.

Historic lots include a single bottle of Chateau Lafite Rothschild 1929 priced at as much as 1,100 pounds, and a two-bottle lot of the same vintage and producer estimated at as much as 1,300 pounds.

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