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by Paolo Repetto / 09 January 2015

Auction time

New York - The Christie's auction of December 12, 2014 has given great satisfaction to Italian wines. The Nebuchadnezzar (15 liters) of Masseto 2008 (www.masseto.com) was beaten to 30 882 euro, while Double Magnum of 2006 in the same house Bolgheri has changed hands at $ 8,575.
In November, Sotheby's auctioned a bottle of Barolo Monfortino 1978 to 2573 Euros, an increase of 75 percent compared to the base price, while Bruno Giacosa Barbaresco Santo Stefano (www.brunogiacosa.it) ended the auction at an average price of 1,474 euro.
Record also the price obtained by the legendary Magnum Sassicaia vintage of 1985 (www.tenutasanguido.com), 4,375 EUR or almost twice the second best selling this type of format in 2014.
Numbers that certify the good health of the great Italian wines at international auctions and the confirmation that the Italian wines are now ready to take flight to the size of alternative investments so far almost monopolized by the French Grand Cru.

Author

Paolo Repetto

Founder of Vinifera, since 2005 he works in the international business of fine wines.
In 2017 he founded Italian Wine Asset, the first Italian specialised entity for consulting on buying and selling Vineyards and Wineries.

 

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