Sotheby's has seen strong prices paid for top Burgundy and mature Bordeaux wines, as the previously ailing wine market shows signs of picking up.
 With the wine market rocked by a correction, only the finest wines are seeing strong results as confidence starts to grow |
The sale, held in London on June 18, was topped by a 12-bottle DRC assortment of the 1999 vintage, which sold for £25,850 ($43,945) to comfortably meet its £22,000-30,000 estimate.
With the Bordeaux market still in recovery from a sharp correction, only the most mature and well-respected bottles are selling well.
An Asian buyer snapped up six bottles of Chateau Petrus' 2000 for £14,688 ($24,969), while a European buyer paid £13,513 ($22,971) a 12-bottle case of the 1994 vintage.
Stephen Mould, European Head of Sotheby's Wine Department, commented: "The top lot of the sale was the Domaine de la Romanée Conti Assortment 1999, highlighting the enduring appeal of great Burgundy.
"Mature vintages of Bordeaux were in demand, with 5 bottles of Château Latour 1961 realising £9,400 ($15,994). Parcels of Vintage Port were snapped up, including three cases of Taylor's 1977, which sold over the high estimate at £705 ($1,199) per case."
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