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October 15, 2018

Domaine de la Romanee Conti breaks world record price at auction

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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