Latour ’45 Sells for $32,570 at Bonhams London Wine SaleGuy Collins
A 12-bottle case of Chateau Latour 1945 wine from one of the top Bordeaux vintages of the last century sold for 21,150 pounds ($32,570) at Bonhams in London while a single bottle of Chateau Mouton Rothschild ’45 fetched 5,875 pounds.
While the sale showed continuing collector interest in top wines from the vintage that marked the end of the Second World War, demand for more recent wine focused on lots such as one comprising six bottles of Chateau Petrus 1990, which fetched 11,397 pounds, according to results posted on Bonhams website.
The sale came amid signs appetite for top Bordeaux is reviving after a three-year price drop in the face of cooling Chinese demand and a decline in the quality of vintages coming to market since 2011. The Liv-ex Fine Wine 50 Index has risen for the past two months after falling 40 percent from its 2011 peak.
While historic bottles remain in demand, among more recent wines “a lot of interest now is in the ’90 vintage” Richard Harvey, head of Bonhams wine department, said in an interview Feb. 9. “Interest has moved on to younger vintages now. ’82 was the iconic vintage for so long, but people now are looking at ’89 and ’90, and 2000 and 2005 as well.”
Michael Broadbent, founder of Christie’s wine department, ranked 1945 as outstanding in his book ‘Vintage Wine,’ putting it among the top 15 years of the 20th century for red Bordeaux.
Other leading wines in the Feb. 19 Bonhams auction included a six-bottle Domaine de la Romanee-Conti assortment from 2004, which sold for 11,162 pounds, and a single bottle of Romanee-Conti from the same year, which fetched 5,875 pounds.
Among top Bordeaux, 12 bottles of Chateau Montrose 1990 Saint-Estephe fetched 4,288 pounds while from the Rhone 12 bottles of Hermitage La Chapelle 1990 Paul Jaboulet Aine sold for 4,112 pounds.