The Bordeaux bubble may be long since burst, but top wines from the region are still performing well at auction - six bottles of the 1947 vintage from Chateau Cheval Blanc have topped a Hong Kong sale held on January 13.
The lot, which was consigned from a private cellar in Bordeaux and presented in a new wooden Cheval Blanc case, achieved $83,845. In doing so, it beat the top offering from market leader Burgundy: a single bottle of the 2006 La Tache, which sold for $16,000.
Chateau Cheval Blanc is one of the most illustrious Saint Emilion vineyards and one of only four from the region that received the Premier Grand Cru Classe in 2012. Its 1947 vintage is particularly favoured, having received a 100/100 score from Robert Parker in the October 1994 issue of the Wine Advocate.
The critic commented: "What can I say about this mammoth wine that is more like port than dry red table wine? The 1947 Cheval Blanc exhibits such a thick texture it could double as motor oil. The huge nose of fruitcake, chocolate, leather, coffee and Asian spices is mind-boggling."
"Crystal Ball" adviser Alan Brown recently shared his personal wine investment knowledge, stating that investors should take a more long term approach in order to see decent returns. For more of the latest on wine investment and collecting, visit our wine, whisky and spirits news section.