Fine and rare wines sale defies economic gloom
Bonhams sale of Fine and Rare Wines, held on Wednesday 9 July 2008, featuring over 1,000 lots, resulted in the highest sale total ever achieved at New Bond Street – over Â£650,000.
The top price was made by a case of Chateau Lafite Rothschild 1982, from a private European vendor, which reached its top estimate of Â£18,400. Ten vintages of Petrus, also coming from a private continental cellar, produced notable results – Â£12,650 for 6 bottles of 1990, Â£10,950 for a dozen 1995 and Â£11,960 for 6 bottles of the 2000 vintage. The 2000 vintage also saw the top price for Chateau Latour at Â£8,050 for a dozen.
A particular highlight of the sale was a range of vintages of Chateau d’Yquem – 11 bottles of the 1959 vintage made Â£11,615 and a ten dozen parcel of the fabulous 2001 went for over Â£4,000 a case.
From Burgundy a magnum of 1969 La Tache from the Domaine de la Romanee Conti hit its top estimate of Â£2,300, whilst top Rhone wines also achieved good prices – five bottles of 1945 Hermitage La Chapelle made Â£23,000 and a dozen Chateau Rayas 1990 reached Â£6,325, three and a half times over top estimate.
Amongst vintage port, a pristine case of Taylor 1948, from a west country cellar, made Â£9,223, well above its top estimate of Â£6,000 and the 1945 vintage achieved Â£6,670 a dozen.
As usual, mature vintage Champagne was heavily fought over – nine bottles of 1955 Dom Perignon hit Â£2,185 whilst five bottles of 1975 Louis Roederer Cristal made Â£1265.
The Wine Department are now accepting consignments for their autumn sales: 1 October 2008 and 26 November 2008.