Press

Pressroom

Alert

To stay up-to-date with the BIVB, subscribe to news alerts

Press events

See all

SUIVEZ-NOUS

Facebook - BIVBTwitter - BIVBYouTubeRSS feed

News of the vineyard

161st Hospices de Beaune Wine Auction Totals €12.6 Million

22/11/2021

Sotheby's was realizing its first Hospices de Beaune Wine Auction in a new decor

 

The 362 lots were 100% sold, with every lot selling for a price above its high estimate. With the addition of the Pièce des Présidents, which sold for a record €800,000 / $900,000, the grand total raised for charity was €13.5 million / $15.3 million. Three auctioneers conducted the sale in rotation over its six-hour duration.

 

The Charity barrel, also known as the Pièce des Présidents (Presidents’ barrel), led the sale, and this year the wine was selected from the prestigious Corton Renardes vineyard. Sold to benefit the Fédération Nationale Solidarité Femmes, to help in their fight against violence towards women, and the Institut Curie, to aid medical research against breast cancer, the unique single-barrel cuvée established a new record price for the Hospices de Beaune Charity barrel, eclipsing the previous record set in 2020. It was acquired in the room by Mattia Tabacco from Oeno Group, a multi-award winning Fine Wine House specialising in luxury rare wines, based in London.


The two organisations were represented respectively by French actress and film director, Jeanne Balibar, and French actor, Pio Marmaï, patrons of this year’s sale, who both took to the rostrum to drum up even more excitement for the highly anticipated lot. Bidding opened to the strains of Aretha Franklin’s ‘Respect’, and over the course of a memorable 15-minute bidding battle, the audience erupted into applause several times as the figure rose ever higher. The entire proceeds of the €800,000 sale price will be donated to the two designated organisations.


The €12.6 million raised from this year’s sale and future sales will allow for the completion of the €70 million reconstruction of the Philippe Le Bon Hospital in Beaune, and the acquisition of a new mammography machine. Funds will also support the Hôtel Dieu museum project, delayed by the pandemic.


This year’s auction, with 362 lots, achieved an average lot price of €34,980, compared to 2020, when 638 lots were sold for an average of €21,690, giving a more than 60% increase in price per lot this year. The average increase in price per white cuvée was 115% and for the reds, 56%.

The Maisons de vin de Bourgogne commit to the hospital de Beaune

The Bourgogne wine houses were once again on hand this year, as they bought these exceptional wines in large numbers. This year's event revived the tradition of the Sale under the covered market in Beaune, after the 2020 event was affected by the pandemic.

"It was another great day for the Beaune Hospital and I am very proud, firstly as a Beaune citizen, but also as President of the Union des Maisons de Vins de Grande Bourgogne, to play an active part in this success. The sick people and all the medical staff will be able to benefit from this new financial windfall. The wine sales will help finance the reconstruction of the Beaune hospital, which has a total budget of 70 million euros, and provide the medical area with better equipment to prevent breast cancer. The money raised will also be used for the development of a centre in Seurre which will represent 18 million euros", said Albéric Bichot, President of the UMVGB.
Through this sale, the Bourgogne negoce show and prove their attachment to the city of Beaune.

Translated with www.DeepL.com/Translator (free version)

Top
Alcohol abuse endangers your health, drink only in moderation