€12,854,017 for the 159th Hospices de Beaune wine auction Beaune
by
Christophe TUPINIER
THE
Despite a lackluster bidding process, prices soared once again during the sale of the 589 barrels of the 2019 vintage. Despite a very tense international economic climate (taxation in the US, the crisis in Hong Kong, Brexit…), the Hospices de Beaune wine auction was a success. Beaune has proven once again, for those who still doubted it, that it is now totally disconnected from market realities and that the wealthy buyers who snap up Hospices wines are ultimately not very sensitive to the upheavals of the world…
The average price of a wine barrel rouge amounts to €20,535*, or 32.6% more than in 2018. blanc It reached €26,964; a 27.1% increase compared to the previous year. Note the record achieved by the cuvée of Bâtard -Montrachet Dames de Flandres, one of which was purchased for €149,800 by an American client over the phone. "I am very moved today to see such wonderful results for this exceptional vintage," said Ludivine Griveau, the auction house manager. domaine “I want to thank my entire team who worked tirelessly alongside me to achieve this level of quality. It’s a joy for me to be part of this adventure.” A highly anticipated moment during the day is the auction of the Presidents’ Coin. Recently retired basketball player Tony Parker, actor François-Xavier Demaison, and journalist Ophélie Meunier were present to drive up the bidding. The coin Corton grand cru rouge Bressandes was eventually acquired by a Brazilian buyer, Alaor Pereira Lino, with the maison Anima Vinum, for an amount of €260,000.