Asia Warms to the Rhone (by wine-searcher.com)

Posted: December 12, 2012 by wynmaker in Cellars, Europe, France, Vintage, Wine, Wineries, World wine news
Tags: , , , , , , , , ,

Results from the latest auction suggest Asian collectors could soon be heading south of Burgundy.

 

Cheers to Burgundy, hello to the Rhone.

Cheers to Burgundy, hello to the Rhone.

 

There are signs that the fine wines of the Rhône Valley are beginning to garner interest from Asian buyers, following the buoyant sale results of Paul Jaboulet Aîné’s wines at Sotheby’s over the weekend.

The December 8 auction in Hong Kong suggests fine-wine collectors in Asia are prepared to look beyond Bordeaux and Burgundy. All of the lots, which came direct from the producer’s cellar, were sold, with the 1961 Hermitage La Chapelle fetching 171,500 Hong Kong dollars ($21,987) per bottle – 165 percent higher than the auction house’s estimate.

The sale of the Jaboulet Aîné wines, ranging from 1949 to 2009,… read on

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