Press Articles

     Images loading ... ... Please wait!

PRESS INFORMATION

News for release 21 December, 2006

Unprecedented price paid for extraordinary wine collection

135 bottles of the world’s most rarefied Sauternes wine, Chateau d’Yquem, were sold by London-based Antique Wine Company (www.antique-wine.com) yesterday to a European buyer for the unprecedented sum of £775.000 (1.5 million US dollars).

Housed in two bespoke walnut cabinets designed by Royal furniture maker David Linley, the unique collection spanning three centuries includes every consecutive vintage of Chateau d’Yquem produced between 1860 and 2003. It is the most extensive living archive of the world’s most famous dessert wine ever to come to market. Not even the Chateau itself holds all of these vintages in its cellars.

The sale attracted intense interest from some of the world’s most prolific wine collectors when the assemblage was unveiled at a private tasting in London in November. Over 30 top financiers, entrepreneurs, politicians and private customers attended the event, which was co-hosted by Pierre Lurton, president of Chateau d’Yquem, Lord Linley and Antique Wine Company managing director Stephen Williams. Since then, bidding has been fierce with potential buyers from Japan, the USA, Hong Kong, Switzerland, Eire, United Kingdom, France, Luxembourg Russia and Sweden taking part. The identity of the purchaser will be announced in January 2007 when delivery of the remarkable collection takes place.

Stephen Williams comments, “The heritage, quality, rarity and status of Chateau d’Yquem is unparalleled within the world of fine wine and this is the most extraordinary collection I have ever had the fortune of selling. Just imagine owning such a unique piece of living history stretching from the era of President Abraham Lincoln, through the American Civil War, the Russian revolution, the telephone, television and aeroplane to the current age of global telecommunications and the worldwide web!”

On being asked if the older wines in the collection might still be drinkable, Williams replied, “Absolutely! Chateau d’Yquem has the concentration necessary to mature for many years, even centuries. But the enjoyment of such rare wines is not just a question of taste; it is a remarkably nostalgic experience. In 1860 when peasants in Bordeaux were picking grapes for the oldest bottle in the collection, the US presidential election set the stage for the American Civil War!”

The most valuable single bottle of white wine currently available on the market is a bottle of Chateau d’Yquem 1811. This Napoleonic vintage, famously known as the drink of the Russian Tsars is also owned by the Antique Wine Company and offered for sale at a modest £50,000 (100,000 US Dollars) (www.antique-wine.com)

ENDS

NOTES TO EDITORS

Chateau d’Yquem

Château d’Yquem is a sweet wine, lovingly made by hand in tiny quantities from late harvested grapes in Sauternes, Bordeaux. It has the necessary concentration and complexity that enables the wine to mature for many years, even centuries, and is revered by wine lovers and critics across the world. In addition to the exquisite taste, the enjoyment of these wines stretching back almost 150 years is a remarkably nostalgic experience.

The estate produces some of the most sought after wines in the world and was awarded the unique ‘Premier Cru Supérieur’ status in the famous Bordeaux vineyard quality classification of 1855.

Other interesting facts:
The collection included 9 empty bottles, signed by the director of Yquem to represent the years when no wine was made due to adverse climatic conditions.

26 bidders took part in the negotiations.

Four bidders escalated the price from £400,000 to £775,000 during the last 24 hours of the sale.

This collection is thought to be unique and unlikely to ever be replaced due to a new policy at Chateau d’Yquem to no longer re-cork vintages exceeding 40 years old.

The exact specification of the collection can be viewed on this site (http://yquem.antique-wine.com)

The Antique Wine Company ( www.antique-wine.com )

The Antique Wine Company has had the privilege of advising, negotiating and concluding many of the world’s most interesting fine wine transactions. Established over 20 years ago, the London-based company specialises in sourcing vintages over 150 years old, as well as providing fine contemporary wines for the avid collector.

High resolution royalty-free photographs can be downloaded at the following link:

http://www.antique-wine.com/a-img/press/private.htm

For further information please contact: Bryony Wright or Sarah Hembrow @ Proven PR on 0117 924 9303 or Bryony@provenpr.co.uk or Sarah@provenpr.co.uk

OR

Laura Ealing at The Antique Wine Company on +44 207 688 8271
marketing@antique-wine.com

 

 

CLICK FOR LARGER (250K BYTES)

 

 

 

THE TASTING OF A LIFETIME
by John Salvi

There are boring tastings, commercial tastings, fun tastings, interesting tastings, instructive tastings, useful tastings and, just once or twice in a lifetime, sublime, unrepeatable, magnificent and truly heavenly tastings. I was fortunate enough, on 7th November, in London, to be part of one of those sublime ones.

A tasting of seven vintages of old and rare Chateau d’Yquem offered by Stephen Williams, owner both of the Antique Wine Company and a truly amazing Yquem collection – “The Great Antique Yquem Collection”.

The event was staged in the magnificent showrooms of Lord David Linley, the son of Princess Margaret. Pierre Lurton, the CEO of both Chateau d’Yquem and Chateau Cheval Blanc, flew over specially to attend the event, which started after the fifty selected guests had been welcomed with a little 1988 Dom Perignon.

On the rostrum were Pierre Lurton, Lord Linley, Stephen Williams and myself. The purpose of the tasting was to unveil the above mentioned, unique, irreplaceable and quite mind-boggling collection of no less than 141 vintages of Chateau d’Yquem. Every single vintage, without a gap, since 1860.

Another unique feature of this collection was that Pierre Lurton had personally supplied signed labels, affixed to empty bottles, of the nine vintages in which no Yquem was produced (1992, 1974, 1972, 1964, 1952, 1951, 1930, 1915 and 1910). The labels carried the text “this is to certify that no Chateau d’Yquem was produced in this vintage due to adverse weather conditions”. These empty bottles, being the only ones in existence, must be highly valuable in their own right and superb collector’s pieces.

The bottles to be tasted were stood up several days beforehand and chilled to the perfect temperature during the last few hours. I, personally, uncorked, nosed, decanted and tasted each and every bottle with immense care and concentration. I decanted them through muslin and a silver funnel.

Every single wine was crystal clear and glowing in the decanters and then in the glasses. Some bottles had been recorked at the Chateau whilst other still had their original corks. The oldest one, the legendary 1893, the earliest vintage ever on record, still had splendid original corks that came out in one piece and in perfect condition after 111 years.

As each wine was poured I gave details of the weather and the vintage conditions of the year being tasted. Pierre Lurton then described the bouquet and taste of each wine with love, passion, and endearingly and charmingly phrased French-English. Stephen Williams then told us of some outstanding events that had taken place that year. For example, in 1893, The Supreme Court of the Unites States ruled that the tomato was a vegetable and not a fruit!

Can you imagine the joy, the splendour and the delight of tasting such venerable wines under ideal and perfect conditions? The guests were transported. Chateau d’Yquem 1976, 1962, 1958, 1934, 1924, 1900 and 1893. And this is just a sample of the joys in store for the final purchaser of this quite amazing collection. He would have all these and another 134 vintages to sample if he wished!

The collection is of inestimable value, but of course, like any great work of art, it is worth whatever a passionate collector is prepared to pay for it. A figure of one million pounds was being bandied about between the guests! What, they were saying, is that compared to some of the prices paid recently for certain paintings?

To make the collection even more unique, valuable and desirable, Stephen Williams had arranged for Lord Linley’s craftsmen to design and create two cabinets of unparalleled beauty to house the collection. David Linley founded his cabinet-making and furniture design business in 1985. Sir Roy Strong, then Director of the Victoria and Albert Museum, predicted at the time that Linley’s furniture would become antiques of the future.

Containing eighty bottles each, the cabinets are constructed in Walnut and the tops are inlaid with burr walnut and ebony stringing. On the side of each cabinet is a secret drawer on a push catch to house the key. They have two glass doors featuring turned brass hinges and walnut handles. The eight drawers in each cabinet, which slide silently in and out, are fitted with suede lined racks and the doors feature silk roller curtains.

Lord Linley presented these cabinets with immense pride and stressed that they were entirely unique, having been designed and created especially for Stephen Williams and the “Great Antique Yquem Collection”.

Here are my tasting notes. Rarely have I been closer to paradise during my seventy years of existence than I was for the ninety minutes savouring Yquem’s nectar of the Gods...

( Click here for John Salvi's tasting notes  )

John Salvi

  Copyright © 2005 Antique Wine Company   Site Maintained by Terinea