Sotheby's Bordeaux fine wine auction 'puts vintages to the test' in London


2015-06-26 12:42:00


Sotheby's Bordeaux fine wine auction 'puts vintages to the test' in London

Sotheby's London Bordeaux wine sale is predicted to bring $2.7m and will star the highly-rated 1982

Paul expects there will be less opportunities to buy Bordeaux fine wines in 2012's markets.

Because of an oversupply of the region's coveted wines in 2011 - no doubt spurred by hype surrounding the most recent vintages - prices were less buoyant than in recent years.

But, as Paul commented in his weekly column, this year's "slowdown" should be a good thing.

As the resilient markets re-stabilise, there could be plenty of opportunities for collectors like you to 'get a hold' on these markets and pick up some great wine investments at auction.

Expert Simon Staples, the Hong Kong head of sales and marketing at wine broker Berry Bros & Rudd, reckons his clients will be on the lookout for "Bordeaux second growths and the top 10 names in Burgundy."

Domaine Romanee-Conti (DRC) wines, which are especially rare, are also expected to emerge - or rather continue their status - as big auction stars.

Even as the the fine wine markets re-stabilise, the qualityof the wines themselves - like these 2010 Bordeaux magnums(pictured) - remains

These theories and more will be put to the test on January 25.

On that day, a vast European wine collection of more than 6,000 bottles will auction at Sotheby's in London. The collection is estimated to bring 1.4m-1.8m ($2,775,400).

Expect to see vintages from 1953 to 1995 in the sale. Even better, more than 100 cases of these wines contain the rare and highly-rated 1982 Bordeaux vintage.

Prior to this, there will be a trio of wine sales in Hong Kong.

Together, the three sales are expected to net $25m and should consolidate Hong Kong's status as the new global epicentre of collectiblefine wines.

Watch this space for more upcoming news from the global fine wine markets.

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