The Ultimate Collection from the Bouchard Père & Fils Historic Cellars
Geneva, April 19th 2021 – On Sunday, April 18th, La Romanée Memories 1862-2005, a wine auction organised by Baghera/wines, achieved CHF 9,638,976 / $10,537,328/ €8,639,414 with 100% of lots sold, doubling its pre-sale high estimate of CHF 4.8 million. The results of the first Baghera/wines sale in 2021 confirm the strength of Baghera/wines’ reputation and expertise, as well as the enthusiasm on the part of collectors and connoisseurs. Online buyers were particularly active, with 52% of the lots sold online.
The fiercely contested star-lot at the “La Romanée Memories” auction by Baghera/wines, lot 325, a set of 12 bottles of the legendary La Romanée 1865 vintage, and the last in circulation in the world, sold for CHF 1,952,000, more than four times its original high estimate. This makes it the most expensive wine sold in the past two years (the previous record was held by Baghera/wines for a large-format Pinchiorri wine in 2020). The second most expensive lot, no. 322, a set of six bottles of La Romanée 1865, sold for CHF 1,061,400, more than four times its original high estimate. The top-ten lots in the sale totalled nearly CHF 6.2 million.
La Romanée is not only the smallest of the Burgundy “climats”, at most covering 0.85 hectares (2.1 acres) is also the most prestigious, and is surrounded by world famous estates such as La Romanée-Conti, La Tâche, Richebourg and La Romanée St-Vivant.
Michael Ganne, Executive Director of Baghera/wines, commented: “We were honoured by the trust placed in us by the Maison Bouchard Père & Fils. Their impeccable expertise, the near-perfect quality of the lots offered and the enthusiasm of collectors and aficionados from around the world made the La Romanée Memories 1865-2005 sale a truly exceptional moment dedicated to a love of wine. The ongoing connection with winegrowers is an important part of our daily lives, and without them our profession would be devoid of interest. The commitment of our teams to our international customers has seen incredible and unprecedented online participation – with trust and the quality of goods offered being the fundamental pillars.”
Gilles de Larouzière Henriot, President of Bouchard Père & Fils, says: “This extraordinary result expresses the undiminished enthusiasm of lovers of great wines for Burgundy. It is also a striking recognition of the unparalleled expertise of Bouchard Père & Fils, a great historical and emblematic Burgundy wine estate. Baghera/wines is the only partner that could have achieved such a remarkable result. “
TOP TEN LA ROMANÉE MEMORIES 1862-2005 BY BAGHERA WINES
Lot | Description | Estimation | Price achieved |
325 | 12 bottles La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 240,000 to 480,000 | CHF 1,952,000
$2,133,926 € 1,749,577 |
322 | 6 bottles La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 120,000 to 240,000 | CHF 1,061,400
$1,160,322 € 951,333 |
323 | 6 bottles La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 120,000 to 240,000 | CHF 963,800
$1,053,626 € 863,854 |
324 | 6 bottles La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 120,000 to 240,000 | CHF 963,800
$1,053,626 € 863,854 |
314 | 6 bottles La Romanée 1906, Grand Cru Bourgogne Côte de Nuits | CHF 60,000 to 120,000 | CHF 225,700
$ 246,735 € 202,295 |
317 | 1 bottle La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 20,000 to 40,000 | CHF 201,300
$220,061 € 180,425 |
318 | 1 bottle La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 20,000 to 40,000 | CHF 201,300
$220,061 € 180,425 |
319 | 1 bottle La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 20,000 to 40,000 | CHF 201,300
$220,061 € 180,425 |
320 | 1 bottle La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 20,000 to 40,000 | CHF 201,300
$220,061 € 180,425 |
321 | 1 bottle La Romanée 1865, Grand Cru Bourgogne Côte de Nuits | CHF 20,000 to 40,000 | CHF 201,300
$220,061 € 180,425 |
* Estimates exclude buyer’s premium – prices achieved include the hammer price plus buyer’s premium.
Key data from the La Romanée Memories 1862-2005 by Baghera/wines auction:
- Sale: La Romanée Memories 1862-2005 by Baghera/wines offered to the public through LIVE STREAMING on www.bagherawines.com
- Place: Geneva – SWITZERLAND | Beau-Rivage, Geneva
- Date: Sunday April 18th 2021 at 2pm
- Number of lots: 332
ABOUT BAGHERA/WINES, EXPERTS IN EXCEPTIONAL WINES
European leader in rare wine auctions based in Geneva, Baghera/wines offers a new approach to sales of exceptional vintages by placing conviviality and sharing at the heart of their events. For the past five years, passionate experts Michael Ganne and Julie Carpentier have developed a bureau dedicated exclusively to rare wines, and which guides collectors in all aspects of enhancing the value of a collection.
In 2018-19, the historic sale of Henri Jayer’s personal cellar, to date the world’s most important wine auction ever (CHF 34.5M), followed by an unprecedented sale exclusively dedicated to the wines of the Domaine de la Romanée-Conti and then by the final bottles from Domaine René Engel, propelled Baghera/wines to the position of European leader in wine auctions.
The experienced team working with Baghera/wines’ experts offers excellent tailor-made professional advice to international collectors passionate about rare fine wines including the organisation of master classes, as well as careful selection of wines for private tastings, dinners and events combining music and wine. In September 2020, Baghera/wines officially inaugurated its new Geneva establishment, incorporating a private club and boutique dedicated to fine wines, at the Beau-Rivage, Geneva.