Dr Vino's wine blog

The auction market remains hot, hot, hot! Six magnums of 1985 Romanée-Conti fetched $170,375 at NYWines/Christie’s on March 2nd in New York. That breaks down to…$561.18 an ounce!!

This lot still misses the record $6,400 an ounce that a 1787 Lafitte (sic) fetched in 1985, and the $3,600 an ounce that one bottle of 1787 Chateau d’Yquem got in a January auction. Not often discussed in auction results are charity auctions but it’s hard to forget the four 3-L bottles of Colgin that went for $650,000 at the Auction Napa Valley last year ($1,600 an ounce).

But this lot does beat a set of six DRC 1971 magnums that rolled in at $448 an ounce in January. Is 2006 the year of the wine auction? (yes, for sellers!)

tags: wine | wine auctions

We have a new winner in the auction per ounce sweepstakes! Just when you though that last month’s $136,275 lot of six magnums 1971 Domaine de la Romanee Conti had solidified the gold medal with $448.27 AN OUNCE, a challenger comes along and unceremoniously dethrones the new champion.

One bottle of Chateau d’Yquem from the 1787 (!) vintage sold in London fetching $90,000–or $3,600 an ounce. Decanter Reports that a 1787 Lafitte (sic), supposedly in the collection of Thomas Jefferson, sold for $160,000 a few years ago, which set the highest ever per bottle sale price–and rolls in at $6,400 an ounce.

Not that anyone would actually contemplate drinking such trophies! Apparently the Yquem may not be vinegar though as a mainstream wine publication actually pulled the cork on a bottle in 1999 and found them passable. Now THAT would be fun! But do you spit?!?

tags: wine | wine auctions