results from the hospices de beaune sale…

19.11.2012billn


Picture from the organisers.

The official statement from the organisers.

For what it is worth, I think the prices underline the expected quality of what was harvested, but more-so the quantity that was actually harvested, given that 2012’s lowest yields were seen in the Côte de Beaune. Whilst I personally felt Anthony Hanson’s pre-sale hyperbole about 2005 levels of quality too much, here is his post-sale assessment:

“Many records were broken at the 152nd Hospices de Beaune auction. Star cuvées among the red wines included (with average price per barrel and percentage increase compared with 2011): Clos de la Roche, Cuvée Georges Kritter €55,667 (without premium +94.2%) and Mazis-Chambertin, Cuvée Madeleine Collignon at €38,318 (without premium +57.7%). Thanks to a recent generous donation, a new grand cru from the Côte de Nuits was offered for the first time. This was Echézeaux, Cuvée Jean-Luc Bissey, and all six barrels sold for a magnificent €50,000 (hammer price) per barrel, raising €300,000 for the Hospices. The superb quality of the 2012 vintage wines, combined with the reduced quantity and the progression of demand for great burgundy in many countries, not just Asia, contributed to this astonishing, record result.”

Agree? Disagree? Anything you'd like to add?

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