A case of Chateau Petrus 1998, one of the two most expensive estates in Bordeaux, sold for a record 27,000 pounds ($41,500) on Liv-ex as investors sought rare older vintages even as demand in the broader wine market cooled.
An assorted case of 1999 Domaine de la Romanee-Conti Burgundy sold for 25,850 pounds ($43,950) at a Sotheby’s wine auction in London, making it top lot in a sale also dominated by Bordeaux Pomerol producer Chateau Petrus.
Six bottles of 2002 Chateau Petrus, one of the two most expensive wine estates in Bordeaux, sold for 7,200 pounds ($10,970) on the Liv-ex market, a record high for the vintage and up 11 percent from the start of this year.
Three double-magnums of Chateau Petrus 1990 and a bottle of the same Bordeaux producer’s 1947 vintage set records at an Acker Merrall & Condit auction in Hong Kong, where the top lot was 1988 Romanee-Conti Burgundy.
A case of Chateau Petrus 1990 fetched $45,938 and 12 bottles of the same producer’s 1989 vintage sold for $42,875 to lead a Sotheby’s wine auction in New York dominated by buyers from North and South America.