New Zachys auction - wow

I received a catalog for a Zachys auction on 9/19. Rather unusual: 288 lots, all from the estate of Jacqueline de Rothschild Piatigorsky (1911-2012). All the bottles have been in the possession of her or her heirs in Bordeaux since their release from the chateaux.

Of the 288 lots, over 180 are Chateau Lafite Rothschild, and the NEWEST vintage is 1942. The vast majority are pre-1921, with literally dozens from the 1800s (over 70 bottles of Lafite prior to 1900, going back to the 1860s). Lots of large formats.

Furthermore, ALL the bottles (with the exception of 29 lots of Latour) have been recorked and relabelled (the Latours were reconditioned but not relabelled), some for this auction and many previously by the chateaux. Every bottle is in a wooden case made for the auction. While there is a picture of every bottle in the catalog, they’re not very illuminating as all the labels and capsules are new, and the photographs are too dark to show ullages (which are noted of course).

Pretty rare collection; I don’t expect to participate but it may be fun to watch.

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Last time this happened, the hammer prices were eye watering.

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Provenance is as good as it gets; I agree prices will be incredibly high.

Like the direct from producer auctions.

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Wow!!!

I have lived the wrong life.

That collection should almost be something Norway buys and places into the seed vaults!

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I remember reading through the catalog in 2019 and thinking: “these are going to be great pick ups!” I didn’t expect
most things to go for 2x the high estimate (and some much higher)

Sounds like everyone who loves aged Bords has an opportunity!

There’s like another 1400 lots too. Pretty big auction.

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Zachys sent me an invite to attend the live auction. Too bad I’ve got to work that day and can’t attend. Used to go to a few of these per year before Covid. Always a blast at these auctions.

Friday, September 19th
The Pool, NYC
99 E 52nd Street

9:00 AM Auction Begins. We begin the day with a various-owner selection of rare Domaine de La Romanée-Conti,
Burgundy, Champagne, Piedmont and more!
Breakfast is served

12:00 PM At roughly noon begins the greatest collection of 19th-century Bordeaux in the world: The Collection of
Jacqueline (de Rothschild) Piatigorsky.
Lunch is served.
RSVP required for seated luncheon.
Auction highlights include:
Lot 2112: 1x Lafite Rothschild 1878 (3L)
Lot 2194: 6x Lafite Rothschild 1918
Lot 2026: 3x Haut-Brion 1899
Lot 1215: 3x Vosne-Romanée Cros Parantoux Jayer 1990
Lot 894: 2x Romanée-Conti 1959
Lot 1088: 6x Salon 2002 (1.5L)

Zachys will be opening wines from Leflaive, Lafleur, Mouton Rothschild, Shafer, Haut-Brion, and more-please bring a similar wine (or two.) to share
over lunch.
RSVP required.

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I’ll dig out my 1878s and 1918s.

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I’ll be there if anyone is going

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What’s the general feeling about the recorking? I recall there were some portion of wine collectors who thought that was worse than gambling on the original cork.

I’ll be going too. Certainly not bidding on any of the 19th century Lafite, but the “Fine and Rare” auction starting at 9am has some more attainable offerings.

Any other berserkers going? What are we all bringing?

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This is going now and pricing is wild.

A 3-pack of 1899 Brane Cantenac had a high estimate of like $3,500. Just went for $25,000 ($32,500 with BP).

And we are nowhere near the big guns yet.

I wish I could have attended but couldn’t swing it. Would be fun to be in the room.

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6-pack of 1875 Giscours hammered at $85,000 ($106,250 with BP). High estimate was $4,000.

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Following this as well. Looks like the 1875 Giscours just hammered for $85k. I was expecting these lots to go for well about their estimate range but not over 20x.

For wines like these, the ranges never matter.

The provenance is unmatched. They could have started these at a $1, with no range, and it would have still gotten to these heights.

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If someone wants to bring their purchase from FR to the US, are they paying a 15% duty on the auction hammer price?

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I think so but am not certain.

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