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Retailers, consumers and prices
Christie’s sets one wine record, blows another
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Christie’s auction in Geneva on Tuesday claims to have set a world record price for a bottle of red Burgundy. A U.S. buyer bought the 750 ml bottle of 1945 Romainee-Conti for $123,889. But the house failed to sell its showcase lot of the auction — 315 bottles representing every vintage from ’45 to ’07 produced by each of the first five growths of Bordeaux.
Meanwhile in New York on Saturday, the star lot – a complete vertical of Chateau Mouton-Rothschild spanning ’45-’07 sold to an Asian collector for $150,000.
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wow, that is a LOT of money for wine!