The Curious Case of Pinot at Auction
The world's rarest wines are overshadowed by Cabernet, and it might just be because Pinot lovers would rather drink than sell
Posted: Mar 9, 2012 2:40pm ET
All things being equal, one would expect great Burgundies to fetch higher auction prices than Bordeauxs based on availability alone. And they did in a recent auction in New York where the top-selling lots were Domaine de la Romanée-Conti bottlings that sold above estimate and a slew of Bordeaux first-growths realized less than their Wine Spectator Auction Index averages.
But that’s not usually the case, which is a surprise since there is far more great Bordeaux produced than Burgundy. The top growths in Bordeaux can produce 20,000 cases of great wine a year, which means buyers can secure cases. With Burgundy, or Pinot, you’re usually trying to hunt down a bottle or two.
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