1945 Burgundy Wine sells at auction for record $558,000
1945 Burgundy Wine sells at auction for record $558,000

A bottle of 1945 French wine has been sold for a record-breaking £424,000 at auction.

The Romanee-Conti – widely considered the planet’s finest Burgundy – was bought for 17 times its estimated worth at Sotheby’s in New York on Saturday.

It smashed the world’s previous high-mark for a standard bottle: a 1869 Chateau Lafite Rothschild which sold for a comparatively inexpensive £177,000 in Hong Kong in 2010.

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A few minutes after Saturday’s sale, another 1945 Romanee-Conti went for £377,000.

The wine’s vineyard may help explain its worth. It spans just four acres in the Cote de Nuits region, with no more than 6,000 bottles produced each year.

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The 1945 bottle was one of only 600 produced, just before the vines were pulled up for replanting with no more wine made until 1952.

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Saturday’s lots came from the personal collection of Robert Drouhin, who directed the prominent wine producer Maison Joseph Drouhin from 1957 to 2003.

Elsewhere at the auction, a bottle of 60-year-old 1926 whisky fetched £641,000, failing to break the current £910,000 record for Scotch.