Acker auction puts Burgundy in focus

The drivers of the wine import boom into Hong Kong over the last few years have undoubtedly been the major Bordeaux estates. There are signs however that that is beginning to change.

The price of premium Bordeaux is beginning to fall after years of continuous inflation. At a recent Hong Kong auction, Chinese investors did what was once considered unthinkable: they snubbed Lafite. At the same auction the top four lots were all from Burgundy. A 12 bottle case of 1988 Romanee-Conti went for £74,000.

The firm Acker Merrall & Condit is hoping that Burgundy will pick up the slack where Bordeaux has begun to level out. They are auctioning 1300 lots, mainly from Burgundy, estimated to be worth around £8m.

The most expensive of the lots is a 12-bottle case of 1990 Henri Jayer Vosne Romanée Cros Parantoux expected to fetch around £48,000. Others include a 12-bottle case of 1990 Domaine de la Romanée Conti La Tâche, estimated at £38,000, and six bottles of 1978 Domaine Georges Roumier Musigny, estimated to sell for around £25,000.


Leave a Reply