Rare bottle of Burgundy wine that was one of just 600 produced in 1945 sells for an incredible £424,000 at auction – 17 times more than its estimate
- The Romanee-Conti wine went under the hammer at Sotheby’s in New York
- Its final selling price smashed the £24,000 upper estimate by auctioneers
- Romanee-Conti highly prestigious producer based in Cote de Nuits, France
A bottle of rare Burgundy wine has sold for a record-breaking £424,000 – 17 times more than its estimate.
The Romanee-Conti wine, one of just 600 produced in 1945, went under the hammer at Sotheby’s in New York on Saturday.
Its final selling price, including taxes and commissions, smashed the £24,000 upper estimate by auctioneers.
Sotheby’s in New York tweeted about the rare Burgundy wine, which smashed its £24,000 upper estimate
Romanee-Conti is widely considered the best Burgundy wine, and is one of the world’s most prestigious producers.
Its domaine, in the Cote de Nuits region of France, spans less than four acres, producing between 5,000 and 6,000 bottles per year.
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A few minutes after Saturday’s sale, another 1945 Romanee-Conti was sold for £377,000.
The previous record for a standard wine bottle was held by an 1869 Chateau Lafite Rothschild, sold in Hong Kong in 2010 for £177,000.
But of all sizes, a £236,000 three-litre 1945 Mouton-Rothschild scooped the previous record at a 2007 auction in New York.
Saturday’s lots came from the personal collection of Robert Drouhin, who from 1957 to 2003 directed wine producer Maison Joseph Drouhin, one of Burgundy’s most prominent.
Romanee-Conti is widely considered the best Burgundy wine, and is one of the world’s most prestigious producers
Elsewhere at the auction, a bottle of 60-year-old 1926 Scotch whisky fetched £640,000 – failing to break a £900,000 record set in October.
Founded in 1924, The Macallan distillery in Carigellachie, northern Scotland, produced just 40 such bottles in 1986.
Unlike wine, whisky stops maturing once bottled.
Twelve of them, including that sold Saturday, had labels illustrated by Peter Blake, who designed the Beatles ‘Sgt. Pepper’s Lonely Hearts Club Band’ album cover.
Three of the 1926 whiskies – one with Blake’s illustrations, and two others featuring artwork by Italian Valerio Adami – fetched more than £760,000 each at auction over the past six months.
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