A Record-Breaking Auction: 1972 Domaine de la Romanée-Conti La Tâche Sells for $150,000

A Record-Breaking Auction: 1972 Domaine de la Romanée-Conti La Tâche Sells for $150,000

In a landmark event, a rare 5.5L bottle of 1972 Domaine de la Romanée-Conti La Tâche sold for a staggering $150,000 at Bonhams auction house. This sale set a new record for the highest price ever achieved for a single bottle of wine sold by the auctioneer.

The Rarity of Large Formats

Large-format bottles from the prestigious Domaine de la Romanée-Conti (DRC) estate are exceptionally rare. This sale marks the first time a 5.5L bottle from the 1972 vintage has been offered at auction. The bottle met its pre-sale estimate of $150,000-$200,000, highlighting the significant interest and value attributed to such a unique item.

Iconic Wines from Passionate Collectors

The record-breaking bottle was one of three large-format offerings from the renowned Burgundy domaine featured in the "Iconic Wines from Passionate Collectors" sale, which concluded on June 17. The other notable large-format bottles included:

  • A 6L bottle of DRC La Tâche from 1994, sold for its low estimate of $20,000.
  • A 6L bottle of DRC Richebourg from 1994, fetching $15,000 against an estimate of $14,000-$18,000.

Read more: Tips for Investing in Bordeaux Wine

Additional Highlights from the Auction

Among the other top lots was a 12-bottle case of Domaine de la Romanée-Conti Richebourg 1990, which achieved its high estimate of $50,000. This result highlights the continued demand for exceptional vintages from this esteemed producer.

Contributions from Josh Raynolds' Collection

The auction also featured significant contributions from the collection of renowned international wine critic and collector Josh Raynolds, whose offerings totalled $173,500. Highlights from his collection included:

  • Three bottles of Georges Roumier Musigny 1999, which sold for $32,500 (exceeding the estimate of $20,000-$25,000).
  • Six bottles of Jacky Truchot Morey St. Denis Clos Sorbe Vieille Vigne 2001, which achieved $7,500.

Global Participation and Results

Bonhams reported robust participation in the online sale, with buyers from 11 countries across the Americas, Asia, and Europe. Notably, there was a significant influx of new buyers, who accounted for 22% of the lots sold. The sale realised a total of $521,363, with a remarkable 95% of lots sold.

The Most Expensive Bottle of Wine Ever Sold

Despite this week's record, the title of the most expensive bottle of wine ever sold at auction remains with a 1945 Romanée-Conti, which fetched an astounding $558,000 at a Sotheby’s auction in 2018. This extraordinary price was driven by the bottle's extreme rarity; only 600 bottles were produced in 1945, the last year before the vineyards were replanted.

Conclusion

The auction highlights the continued fascination and value placed on rare and exceptional wines. This record-breaking sale is a testament to the enduring allure of fine wine and the dedication of passionate collectors worldwide.

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