Christie’s sale of 1774 Jura wine disappoints

What seems like a massive 40,000 Swiss Francs (approximately €33,500) before Buyer’s Premium – 46,000 Swiss Francs in total was paid today for the bottle of Vin Jaune 1774 offered at auction by Christie’s in Geneva. But, this was about 40% lower than what was paid for a bottle from the same vintage and collection in February 2011 at the auction of old bottles at the Percée du Vin Jaune in Arbois. A case of different times or different bottles?

Apparently there were only around 15 people in Christie’s Geneva sale room today for the wine sale that included the bottle of the 1774 Arbois wine – sold as Vin Jaune, from an impeccable source, but as all the collection without a label. The cork was described in the Christie’s catalogue as shrunken and fragile, but that is hardly surprising. Although it is likely to have been re-corked at some point in its life, the bottles that were tasted in the early 1990s already showed very old corks, and they have not been re-corked since then. However, most people believe the wine will be not only drinkable, but a mythical Vin Jaune.

Bids came in by telephone starting at SF30,000 and eventually the winning bid within Christie’s estimate was by internet and the trade buyer, based in Europe, has chosen to remain anonymous for now. It appears that François Audouze, the under-bidder at last year’s auction chose not to bid for this bottle.

Recent Vins Jaunes

Vins Jaunes in the press office at the Percée 2012 ©Brett Jones

The excitement engendered by the auction last year in Arbois created wonderful publicity for the Jura, helping to bring it to the notice of those who had perhaps not heard of the region before. I’ve noticed that this second auction has brought plenty of tweets, but the news coverage has simply re-iterated the Christie’s press release and little more.

Perhaps now it’s time to draw breath and return to the reality that is the Jura: a very small vineyard region providing a fascinating range of highly unusual, good value, sometimes under-valued wines, that due to both its size and its originality will only ever be able to satisfy relatively few adventurous wine drinkers, who I am keen to encourage.

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Categories: News | Tags: , , , , | 2 Comments

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2 thoughts on “Christie’s sale of 1774 Jura wine disappoints

  1. Are there any reports of what a wine from the Jura in that vintage might actually TASTE like? I am so curious!

    • Joanie, please believe me I am curious too! I have tasted Vins Jaunes from the early 20th century but not yet older than this and it is always amazing how fresh they still taste, with distinct nutty and curried notes. However, others in the region have indeed tasted the 1774 on two occasions in the early 1990s. On the last occasion in 1994, a bottle was tasted in laboratory conditions and an amalgamated tasting note was compiled, which I translated and reproduced in my article in World of Fine Wine. Perhaps one of the purchasers of the two 1774 bottles bought in the past two years will invite me to the tasting/dinner – am waiting for the invitation!

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