Chateau Petrus 1990 wine goes for antiques valuation

It had an antiques valuation of between £26,000 and £32,000.

Wine & Spirits

DALLAS, Texas (September 25, 2018) — More than a dozen world records fell, and nearly 40 percent of the lots sold for more than their pre-auction estimates to lift the final total for Heritage Auctions'Fine & Rare Wine Auctionto $1,534,971. The 742-lot event sold 99.7 percent by value and 99.18 percent by lot.

"Bordeaux dominated the auction market about 10 years ago, but has taken something of a back seat since then," Heritage Auctions Rare & Fine Wine Director Frank Martell said. "But many of the great recent vintages — 1989, 1990, 1995, 1996, 1998 and even 2000 were still exceedingly young but now are drinking exceptionally well — are reaching maturity. The Bordeaux results below, including Petrus and Mouton, all fit into this group."

Château Pétrus produced the top six prices in the event, includingChâteau Petrus 2000PomerolBottle (12), which passed its pre-auction high estimate when numerous bidders drove the final sale price to $51,660, whileChâteau Petrus 2000PomerolBottle (12)brought $49,200.

AnotherChâteau Petrus 2000PomerolBottle (12)also drew $49,200, whileChâteau Petrus 1990PomerolBottle (12)yielded $44,280 andChâteau Petrus 1998PomerolBottle (12)closed at $38,130.

The auction included a broader focus on lower-production Burgundy, with big names like DRC and Leroy enjoying a significant bump recently, a boon that has extended to producers like Liger-Belair, Cathiard, Groffier and Boillot, particularly to their more mature wines. For example, six bottles of J.F. Mugnier Chambolle Musigny Les Amoureuses cleared the high pre-auction estimate by more than 51 percent when it finished at $4,920, while two bottles of 1990 A. Cathiard Romanee St. Vivant nearly doubled the high pre-auction estimate, closing at $2,214.

Other top lots included, but were not limited to:
Heritage Auctionsisthe largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains officesin New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

The Internet's most popular auction-house website,HA.com, has over one million registered bidder-members and searchable free archives of four million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.

Upload a photo
Upload a photo of your item
Item is valued
Experts value your item
Receive valuation
We send you your valuation