The one-of-one Olivier Bernstein Romanée-St-Vivant 2017 Jeroboam is about to be auctioned completely on CultX, the primary time the wine has been made obtainable on the market.
15 July 2022: Cult Wines, the corporate actively redefining the effective wine market, is partnering with legendary Burgundy effective wine producer, Olivier Bernstein to launch a 1-of-1 jeroboam of Romanée-St-Vivant 2017. That is Bernstein’s premier classic of Romanée-St-Vivant, one of the crucial unique and sought-after terroirs within the area and that is the primary time the wine has been launched to the general public on the market. Given the tiny quantity of Romanée-St-Vivant produced by Bernstein, and the distinctive format, this hand-numbered Jeroboam is the last word collector’s merchandise for Burgundy aficionados.
The ultra-rare jeroboam will probably be auctioned with a reserve worth of £50,000 beginning on Monday 1st August obtainable completely on CultX, Cult Wines’ newly launched digital buying and selling platform. Provenance, authenticity and possession will probably be assured with an NFT issued by Bernstein to accompany the jeroboam. Traditionally, Burgundy is a really conventional wine market that adheres to straightforward strategies for purchasing and promoting wine. Partnering with Bernstein, CultX will present an progressive new channel that gives all collectors and fans entry to an iconic, extremely acclaimed and unique – with just one bottle in existence – Burgundian wine. The partnership is Cult Wines’ newest transformative providing to the wine trade, and the primary of many unique releases with world famend producers.
Tom Gearing, CEO and Co-Founding father of Cult Wines, commented: “CultX was designed as a sport altering platform to supply, make investments and commerce in effective wines. This unique public sale and partnership with Olivier Bernstein reinforces that imaginative and prescient – we’re forging new floor by working with elite world producers to reimagine how we promote, make investments and accumulate wines. It’s our pleasure to be working with the brand new period of producers establishing progressive methods to offer collectors a primary probability to gather uncommon wines.”
Bernstein is well-known for pioneering maverick wine making strategies in Burgundy. He produces a staggering seven completely different Grand Crus and particularly selects low yielding vines, permitting him to extract the perfect from his websites year-on-year. In 2017, he was lastly capable of entry a tiny parcel inside Romanée-Saint-Vivant to make his first and certain solely classic from the winery. Bernstein has described the expertise of working with Romanée-St-Vivant grapes as a dream, in contrast to the rest on this planet.
Romanée-St-Vivant (RSV), a Grand Cru a part of the distinguished ‘Vosne-Romanee’ appellation, produces small portions of the world’s most nuanced and desired Pinot Noirs. RSV wines exhibit all of the technical finesse and terroir traits as the opposite Vosne-Romanée wines however are considered as extra delicate with a particular silky class, depth and purity. They’re spectacular of their youth and appropriate for many years of ageing, the place they develop complicated and unforgettable nuances. With a restricted variety of producers crafting small portions of ultra-premium wine, demand far exceeds provide, making RSV wines prompt collector’s gadgets. Romanée Saint-Vivant embodies every thing that’s magical about Burgundy – nuance, rarity, and individuality – and deserves its place in each Burgundy aficionado’s assortment.
Olivier Bernstein, Winemaker, commented on the partnership: “It’s thrilling to launch a one-off jeroboam with CultX, each a format I’ve by no means launched earlier than, with a wine I might by no means have imagined producing.”
Over the previous 5 years, prime Romanée-St-Vivant wines have considerably outpaced the Liv-Ex Burgundy150. The insatiable demand for RSV wines amongst wine collectors is illustrated by the hovering costs and valuation of the wines. For instance, the value for a 2004 Domaine Arnoux-Lachaux, Romanee-Saint-Vivant Grand Cru has elevated by practically 6 instances over the previous 5 years. More moderen vintages are additionally flying excessive with the 2013 Domaine Leroy, Romanée Saint-Vivant Grand Cru appreciating by £120,498 over 5 years.1
High RSV wines efficiency vs Liv-Ex Burgundy150
The winner of the public sale and 5 friends will probably be invited to hitch Olivier Bernstein at his iconic, and sometimes closed to the general public, Maison in Beaune, France for an unforgettable wine-paired dinner. An extremely uncommon alternative, the winner will expertise the distinctive magic of the spectacular Burgundy area.
For many who miss out on profitable the public sale, a very restricted variety of hand-signed and numbered bottles and magnums of the Olivier Bernstein Romanée-St-Vivant 2017 will probably be made completely obtainable to buy by the CultX platform when it launches to the general public in late September. Every bottle of Olivier Bernstein RSV 2017 will probably be launched from the Domaine with an accompanying NFT issued by Olivier Bernstein, guaranteeing the authenticity and possession of the bottle. Customers can signal as much as the public sale waitlist on CultX at www.cultx.com/new-releases/
ABOUT CULT WINES
Based in 2007, Cult Wines is forging the long run foundations of the effective wine market by creating merchandise and experiences that unlock alternatives for producers and customers. Empowering individuals by know-how, knowledge and entry to a worldwide neighborhood, Cult Wines endeavours to re-define the effective wine market – making it accessible, safe and rewarding. Headquartered within the UK, Cult Wines has places of work in Canada, China, Hong Kong, Singapore, and the US. For extra data, please go to www.cultwines.com or discover us on LinkedIn, Twitter, Fb, or Instagram.
ABOUT CULTX
CultX is the modern digital buying and selling platform for purchasing, promoting and accumulating funding grade effective wine with over £200m of the world’s most prestigious wines obtainable to bid on. The cell and web-based buying and selling app offers customers with all of the instruments they should construct, observe and handle a effective wine portfolio with real-time knowledge and dwell markets at their fingertips, immediately and simply. Boasting ten years of historic knowledge and present pricing data from Wine-Searcher, the platform offers essentially the most correct worth report for every of the hundred thousand wines obtainable to go looking on the platform. CultX brings collectively a worldwide neighborhood of tech savvy merchants and effective wine fans, providing unmatched liquidity alternatives, with quick possession, whole transparency and warranted authenticity by the Algorand blockchain ledger. For extra data, please go to www.cultx.com or discover us on LinkedIn, Twitter, Fb, or Instagram.
ABOUT OLIVIER BERNSTEIN
The elusive Olivier Bernstein rose to fame simply over twenty years in the past when he left a profitable profession in worldwide enterprise to pursue his ardour for wine. Since his first classic in 2007, Bernstein has been profitable the plaudits of main Burgundy critics similar to Allen Meadows and Jancis Robinson. His wines, practically completely Grand Cru however with some Premier Cru websites, have gotten a few of the most sought-after within the Cote de Nuits as collectors are actually beginning to respect the extraordinary high quality because the wines enter their optimum consuming home windows. To Bernstein, Burgundy is the last word wine making area, with every of his wines being a private interpretation of the grapes from that classic.
