Sign In

Not registered? Create an account

Password Recovery

Sign up to our newsletter for market analysis, reports and selected offers
October 15, 2018

Domaine de la Romanee Conti breaks world record price at auction

28872_b (1)

A new record was set last week at Sotheby’s in New York for two bottles of Domaine de la Romanee Conti’s Romanee-Conti from 1945.

One was sold for US$496,000(£377,000) and the other for US$558,000(£424,000). The upper estimate was US$32,000.

The wines were offered as part of a collection from the cellar of Robert Drouhin. The cellar of old and rare DRC realised five times its pre-sale estimate totalling US$7.3 million.

At the same auction, a bottle of 1926 The Macallan with a label illustrated by Sir Peter Blake sold for US$843,200, just short of the world record.

Jamie Ritchie, Worldwide Head of Sotheby’s Wine, commented: “The new world record established in today’s sale is further proof that the demand for wine and spirits of exceptional quality is at an all-time high, and that global collectors are willing to go the extra mile to acquire the rarest bottles of any kind.”

Only last month at Sotheby’s in London, a case of rare Port, the 1963 Quinta do Noval Nacional outsold both DRC and Petrus.

 

Source: The Drinks Business