60th Hospices de Nuits auction yields record results 17th March, 2021 by Lucy Shaw
The 60
th annual Hospices de Nuits-Saint-Georges auction, held on Sunday 14 March at Château du Clos-de-Vougeot in Burgundy, yielded record results.
The 60th auction broke new records. Photo care of Hospices de Nuits-Saint-Georges
As reported by
Wine Industry Advisor, the auction brought in €1,923,000, with total takings up 19% on 2020, despite coronavirus complications and a lower number of lots going under the hammer.
The well attended auction included a record-breaking lot for a barrel of Nuits-Saint-Georges 1er Cru Les Saint-Georges Cuvée Georges Faiveley, which went under the hammer for €32,000.
Wine auction to benefit research on influenza by France s Pasteur Institute
Issued on:
16/03/2021 - 10:52 French red wine is seen poured into a glass in this file photo. REUTERS - REGIS DUVIGNAU 2 min The 60th sale of wines of the Hospices de Nuits-Saint-Georges in Burgundy at the weekend fetched a record sum of 1.9 million euros, announced the organizers. The proceeds from the sale of a special charity barrel will go towards research on influenza mutations, carried out by the Pasteur Institute. Advertising Read more
This year, 114 barrels, each of 228-litre capacity, were auctioned at the Château du Clos de Vougeot, bringing in a record 1.9 million euros.
Decanter Record results for Hospices de Nuits 2021 auction
The 60th Hospices de Nuits-Saint-Georges wine auction surpassed estimates and set several new records when it took place yesterday, Sunday 14th March 2021.
The Hospices de Nuits 2021 sale took place yesterday afternoon in the historical Château du Clos de Vougeot, marking its 60th anniversary.
It has been described by organisers as ‘an absolute record year’ bringing in €1,923,000 (£1,652,017 / $2,294,434) from total sales, an increase of more than 19% in comparison to 2020’s auction, despite having nine fewer barrels to sell due to lower yields.
Despite the world’s current precarious situation, buyers were aplenty with bidder registrations up by more than 20% from last year, which was already a 50% increase from 2019.