Petrus Leads Sotheby’s London Auction With Romanee-ContiGuy Collins
Chateau Petrus from Bordeaux’s Pomerol region accounted for eight of the top 10 lots at a Sotheby’s wine auction in London yesterday as 12 bottles of the estate’s 1982 vintage sold for 37,600 pounds ($59,050).
A case of Petrus 1990 fetched 28,200 pounds and 12 bottles of its 1998 vintage reached 21,150 pounds, according to e-mailed results from Sotheby’s. The sale totaled 1.76 million pounds, its highest figure for a London wine auction this year.
The sale came after a two-magnum lot of Petrus 1961 topped a Sotheby’s auction in New York Dec. 6, selling for $79,625. Prices in the Bordeaux market are showing signs of recovery after a slump from their 2011 peak and the Liv-ex Fine Wine 100 Index has stabilized since August after a 16-month decline.
“Bordeaux prices remained solid,” Stephen Mould, head of Sotheby’s European wine department, said in an e-mail about the results. Top Burgundy from growers including Domaine de la Romanee-Conti, Armand Rousseau and Georges Roumier “continues to command high prices,” he said.
A single magnum of Romanee-Conti 2005 DRC sold for 19,975 pounds while two six-bottle lots of Petrus 2000 fetched 15,275 each and six bottles of the 2000 vintage from neighboring Le Pin sold for 12,925 pounds.