What’s In Your Wine Cellar? | Sotheby’s Raises Record $32 Million in Hospices de Beaune Charity Auction

By Cindy Wu | Premier Sotheby's International Realty

On November 20 of this year, Sotheby’s presented the 162nd Hospices de Beaune wine auction. Known as the world’s oldest charity auction and most renowned wine auction, the event was held at the iconic Halles de Beaune in Burgundy and raised a total of $32 million – a record for any wine auction conducted by Sotheby’s and the highest total in the charity’s history. All proceeds benefit the local community, supporting the Hospices Civils de Beaune’s hospitals, the Princesse Margot Association, which cares for children with cancer, and the World Vision organization, whose mission is to aid impoverished children.


An integral part of Les Trois Glorieuses, an annual celebration of Burgundian wine, the Hospices de Beaune auction has become an acclaimed sensation, drawing visitors, private collectors and oenophiles from around the globe for a chance to experience a special weekend of festivities, community and camaraderie that honors Burgundy’s culture, people and wine. The wine offered for bidding during this year’s auction included a spectacular selection of the region’s best cuvées including some of Burgundy’s most prestigious Grand and Premier Cru labels. The Pièce des Présidents, an exclusive barrel dedicated to Louis-Fabrice Latour who passed this year, featured a blend of three Corton Grand Crus and set a record sale price of more than $837,000.


The incredible results of this year’s historic event indicate widespread enthusiasm and optimism for the 2022 vintage and will shape the wine community for years to come. The Hospices de Beaune auction is the purest Burgundian tradition and collectors covet the wine from this sale, displaying it with pride. An elite selection of Burgundy wine is available at Sotheby’s Wine, awaiting its new home in your private wine cellar.


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