One of the key barometers for the health of the wine market is the strength of auction sales. We have become accustomed to lofty figures being returned from the auction rooms in Hong Kong, however, New York and London results over the past twelve months have not provided a great deal of cheer.However, yesterday’s sale at Christie's posted some very respectable figures. The total value of the sale exceeded £600,000, with almost 92% of lots sold. Highlights included an exceptionally rare case of Henri Jayer’s Vosne Romanee Cros Parantoux 1978, which achieved £36,800 and a case of Latour 1961, which reached £21,850. Both items sold to UK trade. A case of 1982 Lafite Rothschild topped £20,000 and unsurprisingly went to and Asian client. How many of these wines will actually be consumed in the UK, well, we can only guess. Many of the lots will inevitably end up with Asian collectors, but we should not make pejorative comments about the state of our own market – things are looking up!
