Burgundy prices soared above estimates at the world's largest ever Burgundy-only auction, held at Chicago wine auctioneer Hart Davis Hart on March 23.
 The 1991 Clos de la Roche, Vieilles Vignes, Domaine Ponsot is anticipated to have a great future |
A Celebration of Burgundy attracted international bidders, and saw 100% of lots sold for a $4.4m total.
The fiercely contested lots included a case of 1991 Clos de la Roche, Vieilles Vignes, Domaine Ponsot, which sold for a record breaking hammer price of $19,120 - a 91.2% increase on its $10,000 top estimate.
Other lots to sell for world record prices included four bottles of 1991 Clos de la Roche, which brought $17,925, and three bottles of 1991 Chambertin, Armand Rousseau, which sold for $8,963 - a 62% increase on its $5,500 high valuation.
According to Knight Frank's 2013 Wealth Report, fine wine grew in value by 166% between 2002 and 2012.
For more information on diversifying your portfolio into this rewarding area of collectibles, see Paul Fraser Collectibles' free guide to investing in wine, whisky and cigars.
Sign up for our free weekly newsletter.
