Jayer's 1990 Cros Parantoux brings 14% increase on estimate

paulfrasercollectibles

2015-06-26 13:09:22

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Jayer's 1990 Cros Parantoux brings 14% increase on estimate

12 bottles of Henri Jayer's 1990 Vosne Romanee Cros Parantoux sold in Chicago for $113,500

12 bottles of Henri Jayer's 1990 Vosne Romanee Cros Parantoux sold in Chicago for $113,500 on February 2. The impressive sale price represents a 13.5% increase on the lot's $100,000 presale estimate.

1990 Cros Parantoux Henri JayerJust 3,500 bottles produced each year drives up prices at auction for Henri Jayer wines

Henri Jayer (1922-2006) was a world renowned wine maker, famous for his transformation of the Cros Parantoux vineyard - a small area adjoining the famous grand cru vineyard Richebourg.

The dozen bottles' value is testament to the quality and rarity of 1990 Cros Parantoux.

Bottles bearing Jayer's name seldom fail to do well at auction, with a 1985 Echezeaux bringing 49,350 ($80,064) at Sotheby's in September 2012 - a 46.5% increase on estimate.

For more information on the investment potential of the rare wine market, see Paul Fraser Collectibles' free guide to investing in wine, whisky and cigars.

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