In August’s edition of Decanter, I asked is Burgundy a one horse-race when it comes to investment? The answer was yes – at the moment – but names like Jayer, Rousseau, Roumier and Dujac are worth a dabble in the top years.
The conclusion was backed up by an auction at Bonhams last week, selling a case of Romanee-Conti 1990 vintage for £126,500. That’s more than £10,000 per bottle or £1,750 a glass – although I suppose that depends on the size of your glass!
Another case of Romanee-Conti, this time from 1988, sold for £74,750.
Interestingly, both cases were bought by a European buyer and it will be interesting to see how they perform in the Far East when the auction house sells more cases of the 1988 and 1990 vintage in Hong Kong in November.
The price of Romanee-Conti has shown, on average, a rise of 50% over the last year, according to Liv-ex.