Langton’s fourth quarter was a frenetic time with a number of specialised themed auctions and single vendor sales held alongside the regular schedule of weekly centralised auctions leading up to Christmas. The overall patterns of the past year continued, including increased demand for blue chip Bordeaux and Burgundy and steady demand for old and rare Australian wines.
Sales of top growth Bordeaux were strong, confirmed by a bottle of Chateau Lafite-Rothschild 2009 realising $2070. The insatiable appetite for Bordeaux was further highlighted by the remarkable sale of an imperial of Chateau Mouton-Rothschild 2005, achieving $14950. Sauternes also performed well leading up to Christmas with a bottle of 2001 Chateau d'Yquem Sauternes attaining $1035 and a bottle of 1988 Chateau d'Yquem achieving $793.
Several bottles of Domaine de la Romanee-Conti (DRC) traded hands in the fourth quarter, including a bottle of 1980 DRC Romanee-Conti achieving $5750 and a bottle of 1990 DRC Richebourg attaining $3715. White Burgundy also performed well evidenced by a bottle of 2007 J.F Coche-Dury Meursault achieving $517 and a bottle of Domaine Etienne Sauzet Montrachet 2007 realising $644.
Champagne sales sparkled in the lead up to Christmas led by a rare bottle of Moet & Chandon Dom Perignon Oenotheque Brut Champagne 1962 achieving $1613. A bottle of 1976 Moet & Chandon Dom Perignon Oenotheque Brut, Champagne was also eagerly sought after attaining $1270.
Sales of Penfolds Grange were solid throughout the fourth quarter. The Penfolds exclusive sale held in late November drew strong demand for a trio of rare 1950’s era Grange. The trio included a bottle of 1955 Bin 14 Grange attaining $2539, a bottle of 1955 Bin 95 Grange realising $4370 and a very rare 1953 Bin 10 Grange achieving $12 650. Interest in mature Grange from the 1960’s and 70’s was also underscored by the sale of a 1962 Bin 95 Grange for $2048 and a bottle of 1971 Grange achieving $1151.
Demand for Australian blue chip fine wine was also strong during the fourth quarter. A sale featuring the wines of Classification V was particularly popular evidenced by an imperial of Wynns John Riddoch Cabernet Sauvignon 1986 achieving $1612. Other highlights of the quarter included a bottle of 2001 Chris Ringland Shiraz achieving $1022 and the latest winner of the Jimmy Waston Trophy – the Yabby Lake Vineyard Single Block Release 1 Pinot Noir 2012 achieving $217 proving that the award is still highly regarded amongst the Australian wine buying public.
As Christmas drew near, a special themed sale featuring spirits and fortified wines was held with several remarkable highlights. A rare bottle of Seppelt 100 Year Old Para Tawny port from 1907 went under the hammer selling for $2116, whilst two bottles of Scotch Whisky also drew strong bidding, with a bottle of Johnnie Walker Excelsior Limited Release Scotch Whisky achieving $964 and a Talisker 25 year old Single Malt Whisky realising $370.
Langton’s experienced a year of momentous change in 2013. Our two regional warehouses were consolidated into one large warehouse operating out of Hopper’s Crossing in Melbourne. This move was not without significant challenges, however it will set Langton’s up for the future, ensuring stock from across the country can be efficiently collected, expertly catalogued and rapidly offered for auction, ultimately providing a better service for our buyers and sellers. At the time of writing, 2014 also promises to be a momentous year. Our new website will soon be online, providing a more user-friendly way to bid, buy or sell wine, from your desktop, tablet or mobile phone. In addition a series of great wine events and master-classes is planned for the major Australian cities and the newly revised Classification VI will be unveiled in Adelaide in early May. For all the latest wines news, events and auction results, be sure to log onto www.langtons.com.au.
*All prices include Buyers Premium.