The Market

Auctions done and to come…

By billn on May 17, 2026 #the market

La Romanée 1865Three sales – 2 for roughly similar values – but each for way less than a single bottle of Romanée-Conti 1945. The middle of these thre for quite a bit more…
Image right from the Auctioneer, Baghera

Done – Andrew Lloyd Weber, £500,000:
Andrew Lloyd Webber sold his wine cellar ‘treasures‘ for charity.

Hosted by Christie’s, this sale was to benefit the provision of musical instruments in schools. There was also a strong sub-text to this sale, in that Lloyd Webber has spoken about how he became an alcoholic, so in the end, the joy that he found in collecting and drinking his ‘Beaunes’ had a sad end – though not so for the schools who will benefit.

This sale raised £517,910 for The Music in Secondary Schools Trust (MiSST), Christie’s said.

Also done – Baghera – nearly 2 million Swiss Francs:
Celebrating its 10th anniversary, Baghera/Wines held two auctions in Geneva on May 10, 2026, presented under the catalogues KIPLING #15 Prelude and KIPLING #16 Heartbeat.
Including a bottle of La Romanée 1865 from Bouchard Père & Fils, which achieved CHF 122,000 from two weekend sales that totalled CHF 1’948’183:

TOTAL KIPLING 15 Prelude: CHF 1’378’467 achieved
TOTAL KIPLING 16 Heartbeat: CHF 569’716 achieved

Not quite done – Laurent Ponsot, €500,000:
Haute Couture Burgundy, In Never Released Large Formats.‘ This online sale by Sotheby’s opened for bidding on the 15th of May and will close on the 29th of May.

202 lots are being auctioned, each coming directly from his winery, with vintages starting from when he founded his new operation, with his son, in 2017. Not all of the wines included in the sale are grand cru, but they are certainly well represented here, with Bonnes Mares, Chambertin, Clos de Saint Denis, Clos de Vougeot, Échezeaux, Montrachet, Bâtard Montrachet and Corton Charlemagne…

And then there were three…*

By billn on April 09, 2026 #the market#vines for sale

Damoy to Roederer...

My first thoughts, if asked to isolate just four major owners of grand crus that (for those with very deep pockets) would be hyper-attractive ownership propositions, would be to choose Leroy, Camus, Thénard and Damoy – roughly in that order. It seems that my list has already shrunk to three…

More details will doubtless come to corroborate, or otherwise, the suggestion of up to a 500 million Euro price-tag – it doesn’t sound all that expensive for significantly the largest owner of Clos de Bèze – but given the more challenging marketplace for red grand crus right now, who’s to say…

*Also the first Genesis album that I purchased !!

1945 Romanée-Conti and all that …

By billn on April 03, 2026 #the market

It’s been a while since this – eh ?

bang! 1945 romanée-conti – half a million a bottle…

And now we have:

1945 Romanée-Conti

As shocking as that price may be, I am more shocked that whisky sells for more at auction: ‘The most expensive whisky sold at auction is The Macallan Valerio Adami 1926 60-Year-Old, which fetched £2,187,500 ($2.7 million) at Sotheby’s London in November 2023.‘ But maybe that’s just because I don’t drink whisky 🙂

This is seemingly the same, Drouhin-sourced, 1945, resold. So, it would appear that for the first (Sotheby’s) auction, we had an ‘investor’ rather than an ‘enthusiast’ …

Last week in the Côtes + Seismic gossip !!

By billn on February 01, 2026 #producer update#the market#travels in burgundy 2026#vines for sale

Commaraine sheep - PommardMy first week of tasting – after publishing my 137 domaine visits the week before.

No surprise – not a lot of sunshine – but it was good to rejuvenate the taste buds before the coming 3 weeks of visits in Chablis 😉

But a big surprise was the monumental gossip that I picked up – and from 2 different sources.

I will choose to remain a little cryptic – as I already lost the possibility to visit some domaines due to publishing a previous gossip – despite it turning out to be true 🙂 However:

It’s been about 7-8 years since the last, quite similar rumour. There’s a very famous domaine in St.Romain, whose wines precious few people have ever tasted. It seems that the movers and shakers of a famous leather-goods seller have recently been ever-present at the domaine. If you are on my wavelength, then you will know that St.Romain will not be the only production entity to be affected.

Of course, it was going to happen sooner, rather than later, and potential purchasers are few and far between…

Jadot – Picamelot – a Press Release…

By billn on January 28, 2026 #the market#vines for sale

jadot-2018

‘Maison Louis Jadot and Maison Louis Picamelot announce a new chapter in their history, founded on a shared vision of Burgundy, the richness of its terroirs, and its heritage. On the eve of its centenary, Maison Louis Picamelot has decided to partner with an iconic Burgundy winemaker whose strength and long-term vision will ensure the continuity and growth of the House.’

Getting to the crux:

Thomas Seiter, President of Maison Louis Jadot:
This partnership is a natural fit with our long-term vision: to preserve the identity of Burgundy’s iconic houses, respecting their history and terroirs, to nurture their expertise, and to ensure their sustainable development. Maison Louis Picamelot is a leading name in Crémant de Bourgogne, and we are delighted to welcome it to the Louis Jadot family.

From a previous visit to Picamelot:

The 165th Hospices de Beaune Wine Auction

By billn on November 17, 2025 #events#the market

Seule - the tiles of the HospicesSale date: 16 November 2025. The following is my summary of the various press releases – as I chose to avoid the crowds !!

On Sunday, 16 November 2025, once again under the hammer of Sotheby’s, the Hospices de Beaune charity wine auction achieved the ‘third highest total in its history.’ No mean feat for a modest volume vintage, the average price per barrel continuing it’s steady rise with a 4.6% increase. The final hammer total was €18.75 million, an aggregate (with commissions) of €20.2 million. For this event, at least, the market for fine Burgundy remains vibrant.

A New Grand Cru and Multiple New Records

Following the Hospice’s full conversion to organic certification in 2024, this year’s sale was marked by the introduction of a 52nd cuvée. Thanks to a donation from the Faiveley family, the auction offered a Clos de Vougeot Grand Cru, Cuvée François Faiveley. The two barrels of this new addition sold for €165,000 and €170,000, respectively.

The white wines provided further fireworks. Two barrels of Bâtard-Montrachet Grand Cru, Cuvée Dames de Flandres, sold for €400,000 each, establishing a record price for a barrel of this Grand Cru for the second consecutive year.

Albert Bichot: The Perennial Leading Buyer at the Auction
Continuing a tradition of purchases dating back to 1876, Maison Albert Bichot was once again the auction’s leading buyer. The Beaune-based négociant acquired 85.5 lots for a total of €4,516,500. This represented 16% of the total volume and 25% of the total value of the sale, including 22 Grand Cru barrels. Notably, Bichot secured one of the record-breaking barrels of Bâtard-Montrachet. Albéric Bichot praised the quality of the vintage, noting: “The 2025 vintage wines stand out for their balance and energy. They perfectly reflect the rigour and passion applied in the vineyards and cellar alike.

Hospices Perspective

Guillaume Koch, Director of the Hospices Civils de Beaune, expressed his satisfaction with the result: “We are delighted to have just achieved the third-largest sale in our history. Once again, the white wines held some wonderful surprises.

Proceeds from the auction (excluding the Presidents’ Barrel) will fund major investment initiatives, including the construction of a new hospital building in Beaune and the rebuilding of the hospital in Seurre.

Summary of Key Facts and Figures, 2025
  • Aggregate Total: €20,223,043
  • Hammer Total: €18,754,670
  • The Presidents’ Barrel: Sold for €400,000 (Pommard 1er Cru Les Rugiens & a 1er Cru record)
  • Average price per barrel: €33,930 (up 4.6% on 2024)
  • Average price (Reds): €27,480
  • Average price (Whites): €58,580
  • Average price (Grand Crus): €86,290
  • Average price (Premier Crus): €23,180
  • Total Number of Barrels Auctioned: 428 red, 111 white (including 2 half-barrels), 11 eaux-de-vie
  • Records:
    Bâtard-Montrachet Grand Cru (€400,000);
    Corton Charlemagne Grand Cru (€155,000);
    Beaune Blanc Premier Cru Clos des Mouches (€60,000)

The gift (for yourself) that you didn’t realise you needed…

By billn on August 11, 2024 #the market#vines for sale


From the BIVB:

The Bourgogne Wine Board (BIVB) is organising a special auction of old appellation signs. After renewing all its signs in the vineyards in 2023, the BIVB is looking to give the former ones a second life. So do you want one?!

On Tuesday November 12, almost 600 signs, divided into 300 lots, will be auctioned on the website of www.drouot.com and/or www.interencheres.com.

This is a unique opportunity for you to acquire a souvenir bearing the effigy of your favorite appellation(s). Open to all, the sale will be conducted by auctioneers Jérôme Duvillard and Alexandra Chaillou-Weidmann.

“An exceptional auction featuring 600 appellation signs that adorned the vineyards for 20 years! 300 lots have been assembled around famous names, including Grand Cru, Village and Régionale appellations. Whether it’s the Grand Auxerrois, Côte de Beaune, Côte de Nuits, Côte Chalonnaise, Mâconnais and whether you’re a professional, an enthusiast or a lover of Bourgogne wines, one of these signs could find its place in your home or garden, or even at the heart of your business!

Sale details:
• 29 signs Grand Cru appellations (1.30 m x 0.6 m)
• 280 signs Regional or Village appellations (1.90 m x 0.4 m)
• 280 signs of “Bourgognes” (1.90 m x 0.4 m) and the “B” logo of Bourgogne wines (0.45 m diameter)

So in this case, you don’t even need to steal one !!
Good luck if you are interested 🙂

‘China to protect the Mâcon and Gevrey-Chambertin AOCs’

By billn on May 08, 2024 #the market

From the BIVB:

Bourgogne, 7 May, 2024

The Bourgogne wine industry welcomes the recognition of the protection of the Mâcon and Gevrey-Chambertin Appellations d’Origine Contrôlée (AOCs) in China.

Coinciding with Chinese President Xi Jinping’s visit to France, China’s National Intellectual Property Administration (CNIPA) has published the protection decisions for the Mâcon and Gevrey-Chambertin Appellations d’Origine Contrôlées (AOCs).

This decision is the result of a long process that began in 2023. It should serve as a model for the subsequent registration of all the appellations in Bourgogne*.

“We can only be delighted. This registration is very good news for our AOCs and the progress made in terms of recognition of our rights. It is the fruit of exemplary cooperation between those involved in the Bourgogne wine industry (Confédération des Appellations et des Vignerons de Bourgogne, aka CAVB, and Bourgogne Wine Board, aka BIVB) and government departments (Institut National des Appellations d’Origine, aka INAO, Ministry of Agriculture, French Embassy in China)” commented together Thiébault Huber, President of the CAVB, and Laurent Delaunay, President of the BIVB.

“In our view, this is a first step, and these two appellations are models for a more general registration of all the Bourgogne appellations.”

There can be no doubt that this decision will give the leaders of the Bourgogne wine industry the weapons they need to better protect the rights of Bourgogne producers in China.

*Bourgogne wines count 84 AOC and several hundred Climats classified as AOC Village & Premier Cru.

Now it’s official – Domaine Pierre Vincent

By billn on April 25, 2024 #the market

I first got wind of this in early December but not having yet visited Leflaive I wanted to ask Pierre personally about it – that, and out of respect for Fabrice and Sophie who have been running the Domaine des Terres de Velle these last years. I do now have my appointment at Leflaive – but in another month!

But now we have a press release:

Domaine des Terres de Velle becomes Domaine Pierre Vincent
Pierre Vincent 2023 Domaine LeflaiveIn the beginning, this was a project born out of three men’s passion for wine and for Bourgogne: Hervé Kratiroff, Eric Versini and Pierre Vincent. A friendship that developed into a shared dream – of owning a wine estate in the Côte d’Or with exceptional Climats as found in the Côte de Beaune.

So when Domaine des Terres de Velle with its magnificent parcels and outstanding vines came on the market, the decision was quickly made in the face of such a rarity. And on 18 July 2023 the Solexia Group took possession of the Domaine des Terres de Velle at Auxey-Duresses. The three men were associates in this new adventure.

Domaine des Terres de Velle first came into being in 2009. Highly representative of a ‘Burgundian’ mosaic, it produced 16 wines each year from the fruit of 7 hectares situated in the most prestigious villages of the Côte de Beaune.

They included notably exceptional appellations such as Corton-Charlemagne Grand Cru; Chassagne-Montrachet Premier Cru, Les Chaumées; Puligny-Montrachet Premier Cru, Les Referts: Meursault Premier Cru, Les Charmes; Savigny-Lès-Beaune Premier Cru, Aux Vergelesses for the white. For the reds: Volnay Premier Cru, Le Ronceret and Monthélie Premier Cru, Les Duresses.”

It seems that Pierre will retain his position at Leflaive until the end of 2024.

Burgundy Report

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