Bordeaux Wine in the News

Bordeaux Wine
Bordeaux Wine
The TOP 10 of the most expensive 2012 Bordeaux Wines
The Decanter Magazine released the list of the top 10 2012 Bordeaux wines as traded by Sotheby’s NY retail business.
The top 10, with price per six-bottle case and change from 2011 pricing are:
1: Mouton Rothschild (US$2,244, down 30% on 2011)
2: Margaux ($2,244, down 31%)
3: Lafite Rothschild ($3,174, down 22%)
4: Mission Haut-Brion ($1,398, down 28%)
5: Cheval Blanc ($2,814, down 28%)
6: Palmer ($1,374, down 5%)
7: Ausone ($3,450, down 23%)
8: Lynch Bages ($570, down 10%)
9: Haut-Brion ($2,244, down 30%)
10: Pichon Baron ($600, down 7%)

Another chateau is sold to foreign investors
« Renowned winemaking consultant Michel Rolland and his family have signed a deal ceding a majority stake in their iconic Pomerol estate Château Le Bon Pasteur as well as Château Rolland Maillet and Château Bertineau Saint Vincent to Goldin Group, a Hong Kong financial and real-estate company run by Pan Sutong.”
Château Le Bon Pasteur is the first grand cru Bordeaux wine château to be sold to an Asian investor.

Elysée Palace sells part its wine stock
For economic as well as wine renewal purposes the France’s presidential residence Palais Elysée decided to auction at the end of May a part of its fine wines, cognac and champagne cellar.
The auction of 1200 bottles – that is 1 tenth of the total number of bottles that the cellar comprises- brought in 718.000 euros (more than double that it was estimated).
Among the champions: a bottle of Petrus 1990 estimated at 2200/2500 euros was sold for 7625 euros (including fees). Two bottles of Château Latour, 1er grand cru, Pauillac, 1982, estimated at 2000/2200 euros fetched 4625 euros each.
The bottle of Petrus 1990 – the most expensive wine sold at the auction – was bought by Chinese businessman Fan Dongxing who explained that the Chinese are fans of French wines.

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