Classic wine auction hit a record

There were in this year's edition of the Hospices de Beaune auction sold for more than € 90 million. kr. It is a bit less than in 2018, but the number of casks

Classic wine auction hit a record

There were in this year's edition of the Hospices de Beaune auction sold for more than € 90 million. kr. It is a bit less than in 2018, but the number of casks was also 30% lower due to a small harvest in 2019. The average price of a dish ended, therefore, in the record all 163,000 dkk. It is the highest average price for a dish ever and 29% greater than last year. There may be packaged 288 bottles from a keg which then gives an average of 566 kr. Price without tax, vat and profit margin!

a total Of 471 casks of red wine and 118 casks of white wine was under the hammer in years. Negocianter accounted for about 69% of the purchased casks and the rest went to private buyers.

the Auction's most expensive dish is always La Pièce du Président 'the Presidential dish'. The dish went for a price of Betboo 1.9 million. kr. for a dish of Corton grand cru ‘Les Bressandes’. The dish was purchased by a brazilian buyer. In the regular auction was the most expensive a 456-liter barrel filled with Bâtard-Montrachet Grand Cru ‘Cuvée Dames de Flandres’ which was sold for around 1 million. kr. But also a dish with the Clos de la Roche Grand Cru was sold for 970.000 kr.

the Auction is important for just the pricing of the new vintage from Burgundy. Many of the big negocianter using the auction as a benchmark for demand and prices. You can, therefore, as well as expect a price increase of 20-30% in 2019, the year when the in the course of the 2020 and 2021 are released for sale.

the Auction is a charity event and supports a number of local charities.

Date Of Update: 22 November 2019, 22:36

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