Particle.news

Hospices de Beaune Auction Nets €18.384 Million, Third-Best Total on Record

Tariff pressures plus a cooling Chinese market led organizers to court new buyers through expanded international tastings.

Overview

  • Sotheby's reported a record sign-up pool with about 700 potential bidders from 32 countries.
  • The sale closed at €18.384 million before fees, a strong result that fell well short of the €29 million peak set in 2022.
  • The charity barrel sold for €400,000 to a Chinese buyer via François Martenot, benefiting EHCO and the Robert-Debré pediatric brain institute, below the 2022 high of €810,000 yet above last year’s €360,000.
  • To broaden demand, organizers staged 24 pre-sale tastings that added Abu Dhabi, Bangkok, Copenhagen, Jakarta, Madrid and São Paulo.
  • All purchases were sold en primeur and are scheduled for delivery after barrel ageing in June 2027.