A new record for Hospices de Beaune 2017 charity sale

The Hospices de Beaune 2017 raised a record €13.5 million, according to organiser Christie’s.

To be precise, the sale realised a total of €13,529,301, and every one of the 787 barrels were sold (almost 200 more than in the 2015 and 2016 sales), at an average price of €16,657. A n
ew record was set for the Bâtard Montrachet appellation, with three barrels sold for €138,650, €123,375 and €117,500.

The charity lots, or Pièce du Président – two barrels of Corton Grand Cru Clos du Roi – were sold for €420,000. The joint buyers were a Chinese investor and Maison Albert Bichot.

François Pohler, director of the Hospices de Beaune, commented that the event was “a place and a time of great contrasts – the noise of the room, the atmosphere of high concentration, the tradition and the modernity of the auction process, and prices exceeding expectation.

The auction room, as the centre of attention, supported by the crowd outside, following the sale on a large screen, stimulated us all.”

Mr. Pohler continued: “Every euro donated today from all over the world will benefit two important medical causes – the Federation for Brain Research and the Foundation for Alzheimer’s Research – as well as an environmental cause, Tara Expeditions. They have encouraged the room and the world to bid on La Pièce des Présidents.”