Held in Piedmont on 28 October and in addition live-streamed in New York, the Barolo 2022 en primeur charity public sale noticed gross sales of $769,800.
That’s up by round $170,000 on final 12 months’s inaugural occasion, stated organisers Fondazione Cassa di Risparmio di Cuneo and Fondazione CRC Donare ETS, working in partnership with the Consorzio di tutela Barolo Barbaresco Alba Langhe e Dogliani.
Last gross sales have been prone to high $800,000, with one last lot to be supplied on the worldwide Alba white truffle public sale on 13 November, they added.
Proceeds from that lot will go to worldwide charity Mom’s Alternative. Proceeds from the primary public sale, which was co-hosted by Christie’s, will assist a variety of non-profit teams.
As reported in Decanter’s preview of the second Barolo en primeur sale, the public sale featured 14 barriques of still-maturing, 2021-vintage wines sourced from the Cascina Gustava Winery in Grinzane and produced by high oenologist Donato Lanati.
Every barrique will yield 300 bottles on the finish of 2025, in-line with the minimal ageing interval for Barolo.
The very best-selling barrique fetched $45,000, organisers stated. A particular 500-litre lot, equal to round 660 bottles, offered for $175,000 on the finish of the public sale.
Greater than 1,200 bottles of Barolo and Barbaresco donated to the public sale by 70 winemakers have been additionally cut up into 10 tons, primarily based on the place they have been produced.
4 of the tons concerned within the public sale went to collectors live-streaming the occasion in New York.
Barolo en primeur: one to look at
Consorzio president Matteo Ascheri stated outcomes from the public sale’s second version present a stable base for getting extra Barolo and Barbaresco producers concerned in future.
‘And additionally it is an indication that the “preview” gross sales mannequin can and have to be a priceless prospect for Barolo and Barbaresco, wines which are identified and appreciated everywhere in the world,’ he stated, including that the en primeur market ‘continues to be underdeveloped in Italy’.
A Consorzio spokesperson confirmed that there have been plans to introduce an annual Barolo en primeur tasting occasion from 2024, for producers wishing to take part.
Planning was additionally underway for a 3rd version of the Barolo en primeur public sale in 2023.
