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Second highest result ever for Hospices sale

The Drinks Business 14 December 2020 By Rupert Millar The delayed Hospices de Beaune sale realised over €14 million at the weekend, its second-highest result ever, with multiple new records set including for the Pièce des Présidents which sold for €660,000. Postponed from its more usual November slot the annual sale instead took place on 13 December  at a ‘socially distanced’ auction with limited participants in the salesroom and others bidding online. The lack of in-person buzz didn’t seem to dent enthusiasm for the wines on offer at all however, with the final total for the sale being €14.3m (£13m/US$17.3). In total 474 barrels of red wine and 156 of white were sold, with the average price of the red barrels being €20,321 and the average price of the whites being €25,797.

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