Montrachet Leads Acker New York Auction With Sale at $43,225by
Petrus 1976 and Cheval Blanc 1964 feature among old Bordeaux
Italian and Californian wines also represented in auction
A lot comprising 12 bottles of 2005 Domaine de la Romanee Conti Montrachet and a second sale of six bottles of 1985 Ponsot Clos de la Roche Vieilles Vignes sold for $43,225 each at an Acker Merrall & Condit wine auction in New York.
The sale on April 9 also featured direct consignments of top Burgundy producers including d’Angerville and Liger-Belair, with older Bordeaux including Petrus from the 1976, 1978, 1982 and 2000 vintages, according to an e-mailed statement from Acker.
Demand is strong for rare Burgundy and Bordeaux wines as the secondary market for more recent vintages is beginning to pick up after declines in benchmark indexes since 2011. The Liv-ex Fine Wine 100 Index has risen 5 percent since the start of this year, after five consecutive years of declines.
There was “great energy and some great consignments” in the sales room, Acker Chief Executive Officer John Kapon said in a phone interview April 12. The Ponsot Clos de la Roche ’85 “is super rare, arguably the greatest wine the domaine ever made.”
Among older Bordeaux in the sale, 12-bottle lots of 1976 Petrus from Pomerol and 1964 Chateau Cheval Blanc from Saint Emilion each fetched $14,820 while two bottles of left-bank first growth Chateau Haut Brion 1945 sold for $9,880.
“There was a lot of interest in the older segment, ’82 and older,” Kapon said. “These wines are really just entering their mature phase.”
Among Italian wines in the sale, six bottles of Giacosa Barolo Collina Rionda Riserva 1989 fetched $24,700, while six bottles of California Harlan Estate Red 1991 sold for $5,928, according to Acker.