Sotheby's expects $55,000 Pétrus to go down well in New York

paulfrasercollectibles

2015-06-26 12:15:24

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Sotheby's expects $55,000 Ptrus to go down well in New York

Following on from their London sale later this month, the auctioneer will also offer 1982 Lafite

As we've reported, Sotheby's is holding a major sale of vintage wines later this month in London. Then, they're following it up with another almost immediately.

The March auction will be headed by familiar years and vintages. The expected second place lot is Chateau Lafite 1982. Lafite is particularly popular in the Chinese markets at present.This makes it a strong investment.

Sotheby's Serena Sutcliffe is particularly enamoured of the 1982 Lafite:

"Obviously, I have watched this great wine from birth and it is evolving slowly, in that inimitable Lafite way. In 2009, it has kept its intensely aromatic nose of enormous concentration - amazing when one considers the high yield of the vintage.

"Again, surprisingly, given the hot year, the taste is full of youthful acidity. Decant well in advance of drinking as it plumps out with every hour that passes, a sure indication of the very long life ahead of it.

"In 2010, there is almost a smoky nose. It is just so youthful, even haunting in its flavours, with a finish that borders on the eternal." The 12 bottle lot is expected to bring $35,000-45,000.

The third and first lots are expected to be Chateau Petrus, vintages 1982 and 1990 respectively.

For those unfamiliar with it, the 1982 has a nose of prunes and spices and a cinnamon and prune finish whilst the 1990 is exceptionally plummy and dry fruit-like. The 12 bottle lots are expected to fetch $32,500-42,500 and $35,000-55,000 in Sotheby's New York sale on March 4.

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