Wine Auctions - Wine News

The wine auctions at Langton's in collaboration with Christie's

from 2013-10-30, could be a turning point for the global development

of fine wine prices in 2013.

For more than 24 months, the performance of Bordeaux is rather

negative. Also Burgundy -  in the last 12 months "just" a

performance of slightly above (+5 %).

Germany is by far at the top of the value of wines.

With over 45% performance in the last 12 month German Riesling is

more than a trend and becomes indispensable as a fixed value of a

diversified wine portfolio.

The German Fine Wines are getting much more better and the

International wine market has apparently understood .

Even German Pinot Noir’s have taken a giant leap towards

the top of the world and should be on a wish list for wine lovers

wine funds and investors .

Even in the last few weeks, many signals were pointed to a recovery

but at the Langton's wine auctions, prices rose very strongly.

All indexes are in positive and Bordeaux achieved

( +7 %) in the black .

U.S. and Australia have made a hefty price jump.

The U.S. and Australia have made a hefty price jump.

Of course the Christmas-Season in full swing, but only that can’t be

the basis for this run.

The auction volume at Langton’s was very high, 2480 different lots were

offered. As always, about 50 % of the lots were sold.

The trading volume was 13,235 bottles , the price volume

amounted to $ 944.723

At Langton’s there were always many lots offered, the

sales quotas were somewhat lower, the lots therefore were also

offered several times a week.

Wine prices, shown on the website, are results not per lot, but per bottle.

The average wine value of a bottle of wine was $ 72

Also in this wine auction some wine price records were set .

In all, saved at wine stocks, 26 mio historic wine prices, was

never achieved a higher value for the following wines

( wineries , vintages and bottle sizes included).

Lafarge Volnay Clos des Ducs 2009 750ml value $ 218  (+) 161,10 %

Chandon Briailles Corton Clos du Roi 1988 1500ml $ 260 (+) 94,94 %

St Hallett Shiraz Old Block 1988 1500ml value $ 110  (+) 82,56 %

D'Issan 2009 750ml wine price record $ 120 (+) 75,37 %

Penfolds St Henri 1990 1500ml wine price record $ 421 (+) 36,52 %

Chave JL Hermitage Blanc 2006 750ml price record $ 291  (+) 25,78 %

La Fleur Petrus 1982 750ml wine price record $ 624 (+) 23,43 %

Jadot L Chassagne Montr. Caillerets 1996 750ml value $ 66  (+) 16 %

D'Oliveiras Madeira Verdelho 1973 750ml wine value $ 120 (+) 14,95 %

D'Yquem 1988 750ml wine price records $ 717  (+) 11,54 %

( 51.85 %) of the wines on offer, put the wine region of South Australia.

followed by Victoria Australia (10,85% and Western Australia (7,05%)

The French wine region Bordeaux reached, with (6,63 %) of all offered

wines, the fourth place and Burgundy (6,37%) got the fifth place.

Wine auctions at Langton’s have always a focus on Australian Wines

Most common on demand was the

Penfolds winery from South Australia, followed by

Grosset, Wynns Coonawarra both South Australia,

Albrecht Lucien from French Elsass and Seppelt, Victoria.

The most sold wine was

Grosset Riesling Polish Hill vintage 2004 750ml,

followed by Penfolds Bin 389 1998 750ml,

Grosset Riesling Polish Hill Vintage 2001 750ml and

Albrecht Lucien Riesling Reserve 2009 750ml.

Wine lovers and wine investment

studied the younger vintages:

2009, followed by the vintage 2010, 1998, 2004 and 2001 were the

leaders.

In the majority ( 97.51 %) were auctioned 750ml bottles

then 1500ml , 375ml , 1000ml and 3000ml bottles

Quantities to ( 25.44% ) of 2 containers , ( 21.57% ) single bottles

( 14.72% ) 6 owc ( 11.33% ) and 4- pack ( 10.04% )

of 12 containers owc .

The highest achieved wine price reached Domaine de la Romanee Conti

DRC La Tache Vintage 1971 750ml wine value $ 3.580€

Gruaud Larose Vintage 1934 6000ml Imperial wine price $ 2.816

Chris Ringland Shiraz Three Rivers 1993 1500ml magnum $ 1.912

Harlan Estate Napa Red 1995 1500ml Magnum wine price $1.455

Value wines were

Heavens Gate Shiraz 2001 750ml wine price $ 7.5

West Cape Howe Shiraz 2001 750ml wine price $ 7.6

Poggiotondo Chianti Cerro del Masso 2008 750ml wine price $ 7,8