Hospital cases

Published: 23 July, 2008

The significance of the 145th Hospices de Beaune auction on Saturday and Sunday 19-20 November was wider than that of its historic role as a predictor of the price trend for the most recent vintage. As in Bordeaux, so in Burgundy, 2005 is being hailed as an exceptionally high-quality vintage, while this year the auction was being conducted by Christie's and opened to private buyers for the first time. The auction prices - which have been an accurate predictor of the general trend in 12 of the past 13 years - were therefore anticipated even more keenly than usual.

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