154th Hospices de Beaune Wine Auction

Records are set to be beaten!
The 154th Hospices de Beaune Wine Auction took place on 16th November.
417 barrels were put up for sale, which is 90 more than last year, but still less than when the Hospices de Beaune vineyards are not hit by hail.
The buyers certainly enjoyed the vintage and favoured a price increase of 3% for the reds and 14% for the whites.
Overall, the average increase is 5% for a total amount of 7 548 000€. Last year, the bidding raised 5.3M€.
The charity barrel was sold for 220 000€; it will be greatly appreciated by the two charities "Toutes à l”Ecole” and "Imagine”.

Although we did not acquire all the "cuvées” we would have liked, we nevertheless bought:

-2 barrels of Meursault Genevrières Premier Cru cuvée Baudot,
-1 barrel of Corton Vergennes Grand Cru cuvée Paul Chanson,
-1 barrel of Meursault Charmes Premier Cru cuvée Bahèzre de Lanlay
-1 barrel of Beaune blanc Premier Cru cuvée Suzanne et Raymond
-1 barrel of Saint-Romain cuvée Joseph Menault
-4 barrels of Beaune Premier Cru cuvée Maurice Drouhin.

We were hoping for lower prices...but alas this was not the case.

Frédéric DROUHIN
17 november 2014