Henri Jayer Cros Parantoux leads at $82,500 in Hong Kong auction

Acker Merrall & Condit saw outstanding bids in its March 21-22 Hong Kong wine auction, with 1999 Henri Jayer Cros Parantoux leading the sale to a total of $4.5m.

The Cros Parantoux vinyard is situated in the commune of Vosne Romanee, home to some of Burgundy's finest wines, including the coveted Romanee-Conti

A rare case of the legendary Burgundy, produced on a tiny estate by master winemaker Henri Jayer, sold for $82,333, while two magnums of the same vintage made $25,333.

Rousseau also saw heated bids, with three bottles of the 1961 Rousseau Chambertin making $9,500. Alongside Rousseau, a jeroboam of 2000 Dujac Clos de la Roch made $3,167, while a full case of 12 bottles from the 2005 vintage sold for $7,600.

The sale is encouraging for the Chinese wine market, with robust bids pushing values higher, yet not unsustainably so, as seen during the now-infamous Bordeaux bubble of 2011, from which the market has yet to fully recover.

Paul Fraser Collectibles keeps you ahead of the latest wine news and insights - sign up to our free newsletter.

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£55,000
In stock