Carla Bruni-Sarkozy to preside over charity wine auction

Carla Bruni-Sarkozy to preside over charity wine auction

An annual event since 1851, the auction of Burgundy wines boasts an international following as it enables the valuation of prestigious wines. Organized by Christie's since 2005, the event will auction off the 2012 vintage from the Hospices de Beaune's own vineyards. Whites and reds are sold in oak barrels, dubbed "pièces" at the event.

Since Christie's got involved, the auction had a record year in 2009, when 799 barrels were up for sale, and the 2011 edition, with 765 barrels on sale, grossed 5.4 million euros. The average price per barrel was €6,915, with the President's pièce, presented by Inès de la Fressange, fetching €110,000.

This year, 111 barrels of white wine and 401 barrels of red wine will be auctioned, and the transition of the sale in recent years from a wholesale market to a retail market should keep the record books intact, in spite of the expected high quality of the 2012 vintage, thanks to a warm and dry month of August in the wake of a cold spring.

The auction by Christie's: http://www.christies.com/salelanding/index.aspx?intSaleID=24089