23 June, 2018

The €30m Wine Auction

As far as wine auctions go, this was the biggest. Incomparable to other wine auctions for numerous reasons. It was a perfect illustration of the legacy of Henri Jayer who became one of the most famous winemakers in the world. 

Henri Jayer - The Man, The Legend

Henri Jayer was born in Vosne-Romanée in 1922. Located near the French region of Burgundy, it's widely known for its Burgundy wines, Pinot Noirs, Chardonnay and more.

Jayer's career in winemaking began after WW2 when he worked for the Noirot-Camuzet family. He was tasked with cultivating and managing their wine-growing property and did not stop working there until 1987. 

Trivia - While he was working for the family, he would buy and grow his own vineyards and produce under his name.

During his career, he became quite a pioneer after creating the cold-soak technique which enabled richer flavours in wines. This, compounded by low-production, made some of his wines the most sought after in the world. 

Trivia - At the end of his career he amassed vineyards covering over 80 hectares.

The Auction

Over 1,000 bottles of wine went into the auction. 855 bottles of wine and 209 magnum wines. They were dated from 1970-2001 and were from his own cellar. 

The estimate for the auction was between CHF 6.7m and CHF 13m.  

Some of the highlights of the auction came from: 

  • 15 Vertical of Cros Parantoux (1978-2001) Magnum wines sold for just over £840,000.
  • A 1978 Cros Parantoux magnum wine sold for £110,000.
  • Six 1999 Cros Parantoux Magnum wines sold for £403,750.
  • 1 Bottle of 1986 Richebourg sold for over £38,000.

The auction lasted 6 and a half hours and every lot sold. Bidders were known to be wine collectors from Asia, Europe and the USA. 

Trivia - Included in the auction were Vosne-Romanee Cros-Parantoux wines which are some of the most expensive in the world.

Final Words

When a wine gets described as if it's a painting, you know it's something special. For those who never had the pleasure of tasting a wine from Henri Jayer, they are regarded as having aromatic finesse, delicacy and the elegance of a Pinot.

With burgundy wines from top producers becoming scarce, are we going to see any more record wine purchases in an auction? If so then we can't wait to tell you about it!

Have you ever tasted a burgundy wine?

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The €30m Wine Auction
The €30m Wine Auction
The €30m Wine Auction