Bloomberg News

Montrachet, Hermitage 1961 to Lead Christie’s Wine Sale

March 08, 2013

Six magnums of Montrachet Grand Cru Burgundy representing each of the vintages between 2005 and 2010 will feature with vintage Rhone and Bordeaux wines at a Christie’s International Plc auction in London this month.

The Montrachet lot carries the sale’s top estimate of as much as 72,000 pounds ($108,000), according to the online catalog. Five bottles of Hermitage La Chapelle 1961 Rhone have a top estimate of 35,000 pounds while a half-case of Chateau Latour 1961 Pauillac is priced at as much as 30,000 pounds.

The sale comes as wine prices have revived over the past four months, after the London-based Liv-ex Fine Wine 50 Index touched its lowest level for 32 months in November. It has rallied 10 percent since then, including 2.9 percent last month, and in January had its biggest monthly gain for two years as collectors sought wines neglected during the financial crisis.

Bordeaux wines in the sale from the right-bank region of Pomerol, which are also estimated to feature in the top 10 lots, include six magnums of Chateau Petrus 1986 priced at as much as 15,000 pounds.

Two lots each of 24 half-bottles of Petrus, one from 1979 and the other from 1981, are each estimated to fetch 12,000 pounds, while a case of Le Pin 1986 may fetch as much as 10,000 pounds, according to the catalog.

Here is a list of global wine auctions scheduled so far this year. Dates may be subject to revision, and links are to auction house sale catalogs and websites.

MARCH:

March 7/8:       Zachys, New York
March 9:         Bonhams, San Francisco
March 14:        Christie’s, New York
March 15/16:     Christie’s, Hong Kong
March 21:        Christie’s, London
March 22/23:     Acker, Merrall & Condit, Hong Kong
March 23:        Hart Davis Hart, Chicago
March 27:        Acker, Merrall & Condit, New York

APRIL:

April 3:         Acker, Merrall & Condit, New York
April 3/4:       Sotheby’s, Hong Kong
April 12:        Christie’s, New York
April 17:        Sotheby’s, London
April 23:        Christie’s, Amsterdam
April 25/26:     Zachys, New York
April 26/27:     Sotheby’s, New York
April 27:        Acker, Merrall & Condit, New York

MAY:

May 2:           Christie’s, London
May 14:          Christie’s, Geneva
May 15:          Sotheby’s, London
May 18:          Hart Davis Hart, Chicago
May 23:          Bonhams, Hong Kong
May 24:          Christie’s, New York
May 24:          Christie’s, Hong Kong
May 24/25:       Acker, Merrall & Condit, Hong Kong
May 24/25:       Zachys, Hong Kong
May 29:          Acker, Merrall & Condit, New York

JUNE:

June 6:          Christie’s, London
June 8:          Sotheby’s, New York
June 12:         Sotheby’s, London
June 13/14:      Zachys, New York
June 28:         Christie’s, Paris
June 29:         Acker, Merrall & Condit, New York
June 29:         Hart Davis Hart, Chicago

JULY:

July 10:         Sotheby’s, London

SEPTEMBER:

Sept. 7:         Acker, Merrall & Condit, New York
Sept. 11:        Sotheby’s, London
Sept. 21:        Hart Davis Hart, Chicago
Sept. 27/28:     Acker, Merrall & Condit, Hong Kong

OCTOBER:

Oct. 23:         Sotheby’s, London
Oct. 26:         Hart Davis Hart, Chicago

NOVEMBER:

Nov. 13:         Sotheby’s, London
Nov. 20/22:      Bonhams, Hong Kong

DECEMBER:

Dec. 7:          Hart Davis Hart, Chicago
Dec. 13:         Sotheby’s, London

To contact the reporter on the story: Guy Collins in London on guycollins@bloomberg.net

To contact the editor responsible for this story: Mark Beech at mbeech@bloomberg.net


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