Is Bordeaux back? Last week's £10,810 ($15,350) sale of 12 bottles of Chateau Lafite Rothschild 2000 is the latest in a string of promising Bordeaux sales.
The April 13 sale at Sotheby's London also featured the £10,340 ($14,660) auction of 12 bottles of Petrus 1992, while £9,165 ($12,995) secured a dozen bottles of Petrus 1981, reports Bloomberg.
The Bordeaux bubble burst in 2011 when Asian buyers pulled out of the market after years of unsustainable price increases. The Liv-ex Fine Wine 100 Index, which tracks the values of leading Bordeaux, Burgundy and Champagne, has risen by 5% in the first four months of 2016, following five successive years of falls.
"Throughout the sale there was strong demand for both blue-chip Bordeaux and more mature vintages," the head of Sotheby's wine in Europe, Stephen Mould, told the website.
Mould added that 1953 Krug Champagne and Tuscan Sassicaia wines were also noticeably popular.
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