“Dear pebbles” 2 – afternoon sale

Dear pebbles

auction

— under the aegis of —

Virginie Maison, Lead Auctioneer, Maxence Mazzoni, Auctioneer & Emmanuelle Vidal-Delagneau, Auctioneer

— when —

Sunday 23rd of June 2024, 2pm (cest)

— where —

Château Ducru-Beaucaillou, 33 250 Saint-Julien, Médoc, France

— viewing time & location —

Tuesday 4th and Wednesday 5th of June 2024. Upon request before Friday 31st of May 2024. By appointment only.

Lots are resting in the Château cellars, Saint-Julien, Médoc, France.

— sale designation —

When sending in written bids or making enquiries, please refer to this sale as sale #2406.

— absentee bids & telephone bids — office@bagherawines.com

— Baghera/wines —

Michael Ganne, Chief Executive Officer • mganne@bagherawines.com

Julie Carpentier, Deputy CEO • jcarpentier@bagherawines.com

Francesco Lee, Director Asia • flee@bagherawines.com

Pablo Alvarez Esteban, Director Geneva • palvarez@bagherawines.com

O livia Bouët-Willaumez, Art Director • owillaumez@bagherawines.com

Virginie Maison, Auctioneer • vmaison@bagherawines.com

Camille Balboux, Wine Specialist • cbalboux@bagherawines.com

Vincent Gelly, Photographer • vincent.gelly@gmail.com

Asta Ponzo, Press & Public Relations • asta@bagherawines.com

Ching-Hua Hsu, Accounting & Administrative Officer • chinghua@bagherawines.com

Gary Bovagne, Boutique Manager • gbovagne@bagherawines.com

Charlotte Jimenez, Club Manager • charlotte@bagherawines.com

Cédric Lefrançois, Cellar Manager • cedric@bagherawines.com

Florian Luthi, Photography Manager • florian@bagherawines.com

Franck Bouvier, Administrative & Logistical Assistant • franck@bagherawines.com

KS Wong, South East Asia Curator • ks@bagherawines.com

dear pebbles

The unprecedented collection from the cellars of Château Ducru-Beaucaillou

1887 – 2023 2

The afternoon sale, vintages 1887-2000

Sunday 23rd June, 2024

Saint-Julien, Médoc, France

Baghera/wines

an experts office

Baghera /wines was established at the end of 2015 in Geneva by two passionate experts, who launched a specialized consultancy office exclusively dedicated to exceptional wines. Michael Ganne and Julie Carpentier joined forces, offering a new approach to high-end wine auctions, by placing cordiality and sharing at the very heart of the wine business.

Since then, Baghera /wines have become the #1 wine auctioneer in Europe, selling amongst other rarities, the “ Private cellar of Domaine Henri Jayer ” in June 2018, the world’s most important wine auction ever.

Alongside their auctions, the Baghera /wines team guides collectors in every dimension of highlighting a collection, focusing on tailor-made, one-to-one professional advice, outstanding wine sourcing and excellency.

In 2019 Baghera/wines opened their office in Hong-Kong. In 2020, Baghera/wines officially inaugurated its new Geneva establishment, incorporating a private club and boutique dedicated to fine wines, within the Beau-Rivage hotel, Geneva. In October 2022, the company further developed its activities in Asia, with the opening of Baghera/wines Singapore Ltd. holding physical and online auctions from early 2023. In the autumn of 2023, the house held its first auction in France and inaugurated a new wine club in Nuits-Saint-Georges, Burgundy.

conversing with

… Bruno-Eugène Borie

château ducru-beaucaillou

“Bordeaux wines symbolized a timeless elegance and sophistication, capturing the essence of a bygone era of refinement and luxury.”

COULD YOU TELL US ABOUT THE HISTORY OF THE REGION?

The Beginnings of a Dynasty

In 1720, Marie Dejean married Jacques de Bergeron, a respected servant of the king, and brought to the marriage the vineyard and the manor she had inherited, laying the foundation for Château Ducru-Beaucaillou. Bordeaux was thriving economically and culturally at that time, benefiting from its strategic position on the Garonne River, and access to the Atlantic via the Gironde estuary, which facilitated trade. The wine industry prospered, with merchants exporting soughtafter vintages across Europe. Bordeaux’s prosperity extended beyond commerce; it experienced a cultural revival, fueled by newfound wealth. Elite patrons supported the arts and sciences, fostering intellectual and artistic growth. The city’s architecture, boulevards, and theaters mirrored this cultural renaissance, attracting scholars, artists, and patrons alike.

A Triple Threat

In the second part of the 19th century, Bordeaux faced a crisis as odium, phylloxera, and downy mildew ravaged its vineyards. Vignerons fought back with sulfur sprays to combat odium, grafting vines onto American rootstocks for phylloxera resistance, and using copper fungicides for downy mildew. Château Ducru-Beaucaillou

played a crucial role in this battle. Renowned viticulturist Alexis Millardet, amazed by the health of DucruBeaucaillou’s vines during a visit in 1882, collaborated with the chateau to develop Bouillie Bordelaise, the Bordeaux mixture. This innovative solution, born from a mixture of copper sulfate and lime used to deter thieves, provided newfound hope for Bordeaux’s vineyards, a legacy that persists in vineyard protection practices today.

La Belle Époque (1870 – 1914)

“La Belle Époque ” was a period of cultural vibrancy and optimism in Europe. This era witnessed flourishing creativity in art, literature, and fashion, with Bordeaux’s wine industry also experiencing a renaissance. The Belle Époque saw the rise of Bordeaux’s reputation as a global wine capital, with its prestigious estates garnering international acclaim for their exceptional wines. Amidst the opulence and extravagance of the era, Bordeaux wines symbolized a timeless elegance and sophistication, capturing the essence of a bygone era of refinement and luxury.

In the luxurious halls of Ducru-Beaucaillou, the ambiance of the Belle Époque is palpable. Within the grand

“The Ducru-Beaucaillou wines from the 1920s represent this golden era of excellence and distinction.”

dining room, custom-made oak furnishings stand as masterpieces in their own right, their surfaces adorned with intricate carvings depicting scenes of Bacchus and cherubs frolicking amidst vines and grape clusters. As guests gather around the magnificent dining table, its polished surface reflecting the warm glow of flickering candlelight, they are enveloped in an aura of refinement and sophistication. Dutch paintings, carefully curated to complement the exquisite craftsmanship of the room’s furnishings, adorn the walls, transporting onlookers to distant lands and pastoral scenes. Amidst the clinking of fine crystal and the gentle murmur of conversation, the fusion of artistry and opulence creates an unforgettable tableau, embodying the timeless allure of the Belle Époque within the hallowed halls of Ducru-Beaucaillou.

The 1887 vintage, the oldest bottle that I have tasted, captivated me with its timeless allure. It transported me through history with each sip. This vintage, crafted under the stewardship of the Johnston family, stands as a testament to Ducru’s enduring legacy, the wines treasures from a bygone era. If you listen, they will whisper tales of history, tradition, and the enduring spirit of winemaking heritage. The pre-phylloxera wines of the 1887 vintage possess a rare purity of fruit and terroir expression, reflecting resilience and tradition that still resonate today.

The Great War (1914 – 1918)

Amidst the turmoil of World War I, the Bordeaux wine region persevered. While the war brought immense challenges to the wine industry and disrupted the supply chains, the Médoc region’s vineyards continued to produce wine. Women played a pivotal role during this time, stepping into various tasks typically performed by men who were called to serve in the war. The 1914 and 1917 vintages exemplify Ducru-Beaucaillou’s resil-

ience during World War I. The 1914 vintage showcases elegance and depth, while the 1917 vintage exhibits complexity and ageing potential. These wines reflect the estate’s enduring legacy and ability to excel even in difficult times.

Les Années Folles (1920 – 1929)

In the wake of the Great War, there was a growing sense of optimism and prosperity in France, fueled by technological advancements and economic expansion. This era marked a period of resurgence for the wine industry, with the Médoc embracing innovative techniques and meticulous vineyard management practices.

The Ducru-Beaucaillou wines from the 1920s represent this golden era of excellence and distinction. From the opulent richness of the 1920 vintage to the structured elegance of the 1926, the captivating depth of the 1928, and the legendary finesse of the 1929, these wines are timeless gems that embody Ducru-Beaucaillou’s winemaking heritage. With complexity and longevity, they captivate wine enthusiasts globally, epitomizing Bordeaux’s winemaking prowess.

The Great Depression (1931 – 1939)

During the 1930s, Bordeaux’s wine industry demonstrated resilience and adaptability amidst economic turmoil and global shifts. Advancements in viticulture and winemaking techniques were accompanied by a focus on quality over quantity.

Ducru-Beaucaillou was in the hands of the Desbarats family during this era. Despite navigating through the challenges of the Great Depression and a series of unfavorable vintages in the 1930s, the wine produced by Ducru-Beaucaillou during the 1930s particularly the 1934, 1938, and 1939 vintages, exhibit elegance and aromatic richness, exemplifying Ducru’s ability to flourish despite adverse conditions.

“Wines that continue to captivate enthusiasts with their timeless charm and excellence.”

World War II and its aftermath (1939 – 1951)

The 1940s were a tumultuous period for Bordeaux and its wine industry, overshadowed by the dark clouds of World War II and its aftermath. Vineyards faced labour shortages, transportation disruptions, and resource scarcity. Women played a crucial role in vineyard management and winemaking during this time. Overall wine production and quality declined during the war, but Bordeaux began rebuilding in the post-war years. Efforts to modernize and revitalize the industry laid the foundation for Bordeaux’s future success.

Despite the challenges during this era, the 1940s produced legendary vintages.

The 1945 is an iconic vintage for Ducru-Beaucaillou, a symbol of excellence amidst World War II’s upheaval, setting a new standard for subsequent vintages. The Desbarats family managed Ducru-Beaucaillou for over a decade, before selecting my grandfather as its successor in 1941.

The 1947 and 1949 vintages, characterised by richness, depth, and longevity, further solidified Ducru’s reputation for crafting exceptional wines.

Post War Revival (1952-1969)

In Bordeaux during the 1950s, winemakers demonstrated an unwavering commitment to quality despite labour shortages and vineyard damage. They embraced advancements in viticultural science and technology, evolving winemaking practices to ensure consistent grape quality and greater control over production. Despite challenges like the Arctic freeze of 1956, Bordeaux continued to produce wines of exceptional distinction. Additionally, efforts to expand into international markets bolstered Bordeaux’s status as a global wine powerhouse, paving the way for its enduring success worldwide.

The 1960s was marked by modernasation in viticulture, including mechanization and consolidation of vineyard properties, enhancing efficiency and quality control. Ducru-Beaucaillou flourished during this period, with advancements in vineyard management and winemaking techniques, culminating in outstanding vintages like the 1961. Globally, the era witnessed political upheavals and economic fluctuations, influencing consumer behaviour and demand for luxury goods. Despite uncertainties, Bordeaux’s winemakers persevered, producing wines that continued to captivate enthusiasts with their timeless charm and excellence. Emile Peynaud, the father of modern winemaking, played a pivotal role in revolutionizing Bordeaux’s wine industry during this period. Through groundbreaking research on grape ripening, fermentation kinetics, and the impact of oxygen on ageing, Emile elevated wine quality and refined winemaking practices. As a proponent of holistic vineyard management, emphasizing soil health, vine nutrition, and canopy management, he significantly improved grape quality across the region. Serving as a professor at the University of Bordeaux and consulting for esteemed properties like Ducru-Beaucaillou, Emile shared his expertise, shaping the future of winemaking. Emile initially consulted for my grandfather in his early years, and later, in the mid 50s, my father trained under the legendary professor. With Emile’s guidance, they introduced modern practices like early harvesting, meticulous fruit selection, and precise temperature control during fermentation, elevating the quality of Ducru’s wines.

I have vivid memories of my father and cellar master André Prevost, taking turns descending into the cellar at night to diligently observe the fermenting wine in vats, following the principles of Emile Peynaud. I recall my father finding solace in a comfortable lounging chair, spending hours immersed in the nocturnal ambiance of the cellars.

“I can vividely recall the sensation of savoring a glass of ‘matured Ducru’ poured by my father […].”

The vintages of 1953 and 1955 stand as enduring testaments to the post-war revival, each showcasing distinct virtues. The 1953 vintage is celebrated for its exquisite balance and graceful maturation, while the 1955 vintage shines with its vibrancy and seamlessly integrated tannins. Yet, it is the vintages of 1959 and 1961 that ascend to the highest echelons of greatness in the 20th century. Renowned for their unparalleled concentration, finesse, and complexity, they are revered as the pinnacle of winemaking achievement.

These vintages hold a profound significance for me, particularly the revered wines of 1959 and 1961, as they were bottled during my formative years and have accompanied me through life’s milestones. In those cherished days of my youth, it was customary to offer children a sip of wine on special occasions. I can vividly recall the sensation of savoring a glass of “matured Ducru” poured by my father in the opulent grandeur of the château’s dining room. Fond memories also linger of stealing clandestine sips from the decanters prepared in the adjacent office, awaiting the arrival of esteemed American or English wine merchants.

As I reflect on the significance of the 1956 vintage, I am reminded of its dual nature — challenging in winemaking history yet deeply meaningful to me personally, as I was born during this tumultuous vintage. As my birthday weekend approaches, coinciding with an auction featuring this vintage, I feel a strong connection to the wine that shares my birth year — a symbol of resilience and celebration.

The Energy Crisis

The early 1970s began on a high note with the outstanding 1970 vintage, but the decade soon encountered challenging weather and a turbulent global climate. Events like the Vietnam War, civil rights movements, and oil crises had far-reaching impacts on trade and

consumer behaviors. Unfavorable weather conditions resulted in lighter, less concentrated wines, exacerbating the economic uncertainties faced by winemakers. This complex socio-economic landscape demanded resilience and adaptability from Bordeaux’s winemakers, leading to fluctuations in wine quality across the vintages.

On a personal level, my wine journey took me abroad during this period. Throughout my youth, my home was a melting pot of diverse cultures, with merchants and journalists gathering around our dining table from all corners of the globe, igniting in me a profound desire to travel and explore distant lands. My first solo voyage was in 1972, at the tender age of 16, to the United States, marking a pivotal moment in my life. Under the gracious guidance of Gerald Asher, then President of Monterey Vineyards, I spent a month immersed in California’s vibrant wine culture. From the sun-drenched vineyards of Gonzales to the storied wineries of Napa-Sonoma, I had the privilege of rubbing shoulders with luminaries such as Robert Mondavi, Bernard Portet, and Philip Togni. The California of the 1970s embodied a spirit of freedom and innovation, where I reveled in the liberty of expression and the sense of boundless opportunities. This experience left an indelible imprint on my perception of wine, commerce, and management. My passion for travel and cultural discovery led me to my first career in wine, in the dynamic world of distribution at Maison Sichel, a prestigious Bordeaux negociant house. Amidst the backdrop of post-oil crisis optimism, the world beckoned with prosperity and promise, and I count myself fortunate to have come of age during such an extraordinary era. I firmly believe that the ensuing three decades ushered in an era of unparalleled growth and advancement for both myself, and the wine industry, laying the foundation for enduring prosperity and innovation.

A Decade of Decadence

In the 1980s, as the Cold War ended and globalisation surged, Bordeaux wines gained traction in emerging markets like the United States and Asia. Increased demand and consumption contributed to a positive economic outlook for the region. In terms of winemaking practices, the 1980s continued the trend of modernisation that began in previous decades. Bordeaux’s Cru Classé producers invested in advanced viticultural techniques, precision winemaking equipment, and the use of technology to enhance quality control. These advancements aimed to improve fruit purity, concentrate flavors, and refine the overall winemaking process. For Bordeaux, the 80s brought us mythical vintages, during a period of globalisation and the incredible opening of China and Singapore. The 1982 Bordeaux vintage left an indelible mark on the wine world, showcasing the potential of an ideal growing season, resulting in wines of outstanding quality, despite initial doubts about acidity and ageing potential.

Château Ducru-Beaucaillou’s 1982, with its deep color, intense black fruit aromas and balanced palate promising long-term ageing potential, is the quintessence of this famous vintage. This was followed by the stellar 1985, praised for its dark color, complex aromas, and structured palate while the 1986 vintage is noted for its classic Saint-Julien refined profile and harmonious balance. The 1989 vintage is appreciated for its intense flavors, plush texture, and remarkable ageing potential. As for me personally, I purchased the French aperitif Lillet in 1985 and dedicated myself to elevating this French classic and expanding its presence globally until my journey took a new turn when I was appointed head of Ducru in 2003.

The Good Decade

Throughout the 1990s, global socio-economic dynamics underwent significant transformations, catalised by the end of the Cold War and the onset of economic globalization. Bordeaux, renowned for its prestigious wines, experienced a surge in global demand. Embracing technological innovations, Bordeaux wineries modernised their practices, enhancing wine quality and consistency. Amidst these changes, the enduring influence of the 1855 Bordeaux Classification system persisted, reaffirming the reputation of estates based on historical prestige and quality.

In this era, Ducru-Beaucaillou unveiled a new winery cellar with the esteemed 1995 vintage, a wine celebrated for its richly concentrated flavors and formidable structure, earning recognition as Wine Spectator ’s “Winery of the Year”. Building on this success, the renowned 1996 vintage emerged, captivating connoisseurs with its graceful elegance and harmonious balance, a testament to Ducru’s exceptional winemaking prowess.

CULTURAL BLEND WITHIN THE BORIE FAMILY,

WHAT DID IT BRING?

WHAT VISION? WHAT PHILOSOPHY?

The cultural blend within the Borie family has brought a richness and depth to their collective vision and philosophy. By embracing diversity and fostering openness, the family has cultivated a unique perspective that transcends borders and traditions.

For instance, the art adorning the château serves as a testament to its commitment to cultural exchange. From classical masterpieces to contemporary creations, the collection features works by esteemed artists from diverse backgrounds, spanning continents and centuries. This curated collection reflects our family’s belief in art’s capacity to bridge divides and unite people across cultures.

“When you grow up on an estate you develop a fusional relationship with the ecosystem and with the teams.”

Moreover, the Borie family’s winemaking philosophy is another example of our cultural blend in action. Here, traditional Bordeaux techniques are seamlessly blended with innovative approaches gleaned from global travels and experiences. For instance, integrating techniques inspired by collaborations with international experts have enhanced the quality and complexity of our wines, demonstrating our willingness to embrace new ideas and techniques from around the world.

Overall, the Borie family’s vision and philosophy center around celebrating diversity and fostering greater understanding through cultural exchange. Our commitment to openness and innovation, both in art and winemaking, reflects our belief that cultural diversity enriches our lives and enhances the beauty of our shared human experience.

TRANSMISSION. WHAT LEGACY FOR YOU?

WHAT LEGACY FOR THE FUTURE?

With a family-owned estate you are immersed from childhood, and therefore it becomes part of your DNA… Ducru is in my veins. Growing up at the estate, playing among the vines, has allowed me to be closer to the ecosystem. Like our vignerons, I sense things in the vineyard: I know when there is higher mildew pressure, when there is too much sun or too much rain, or when the vines will start budding, I feel it before it happens. When you grow up on an estate you develop a fusional relationship with the ecosystem and with the teams. This has been crucial for our construction. I have witnessed that when estates are sold rather than passed along to the next generation, they lose the transmission of experience and knowledge. The new teams don’t acquire the history and the potential of each parcel, etc. Beyond the connection with the vines, our family’s legacy is rooted in the transmission of timeless values.

We pass down the virtues of humility, acknowledging the tireless work of our ancestors as the foundation of our success. Embracing the spirit of innovation, we inherit a commitment to scientific progress, epitomised by my father’s collaboration with Professor Emile Peynaud. Furthermore, we inherit a mindset of global engagement, as demonstrated by my father’s pioneering efforts in international promotion, shaping Bordeaux’s presence on the world stage.

Regarding the legacy for the future, when you take over a family estate, in a succession of generations, with a rich history preceding you and future generations who will succeed you, you become the guardian or custodian of a family story, a legacy as you say. This comes with responsibilities and an obligation to ensure that the legacy extends beyond you; there is an inevitable weight that comes with the inheritance of a great legacy. The role is bigger than you and it requires humility. It is a transmission that implies more duties than rights. Duties towards those who have preceeded me in our 300 years of history; those who have entrusted me with the running of estate; the teams who work with me every day with great enthusiasm and competency; the customers, consumers and journalists who expect the best from us; and the generations that will follow and to whom we must pass on-terroirs in perfect condition, as well as transcendent bottles!

sharing secrets with …

… Raimonds Tomsons

asi best sommelier of the world 2023, best sommelier of europe 2017

My first visit to Château Ducru-Beaucaillou was on September 14th, 2019 and so far, it is one of the most memorable (maybe even the most memorable) Bordeaux wine tastings and visits I have ever had. I was part of a privileged international sommelier group, who was invited to taste 33 different vintages from the Château. We tasted wines back to the 1953 vintage and up until 2016. I was truly impressed by the overall quality and consistency of the wine, especially those coming from the older and less praised vintages such as 1953, 1962 or 1975 to name just a few. These vintages and wines reflected the passionate work by the three generations of the Borie family – Francis, Jean-Eugène and Bruno-Eugène Borie. Since taking over the estate in 2003, the wines produced by Bruno-Eugène Borie and his team are showing better than ever – the result of smart and sustainable viticulture, significantly reduced yields, selective hand harvest and sorting, and several technical improvements.

I visited the Château for the second time during spring 2023 and tasted the recent vintages of 2020 and 2021. And, despite their youth, the wines were drinking extremely well with deep purple colours, bright aromatics showing impeccable purity of fruit, velvety structures and dense yet polished tannins, confirming the great attention in the vineyard and winery paid by Bruno and his professional team.

“… deep purple colours, bright aromatics showing impeccable purity of fruit, velvety structures and dense yet polished tannins…”

Apart from the wines, which for me are with no doubt the essence of Saint-Julien, the great personality of Bruno Borie and his sense of hospitality and welcome is in itself worth mentionning. I still remember the wonderful aperitif served on the Château terrace, which was a magnum of Salon Blanc de Blancs 2002 complemented by Pan con tomate with San Filippo anchovy. What else do you need? Well, how about 1989 and 1961 Château Ducru-Beaucaillou gracefully served during a casual lunch. And that was not all. We sipped a 1999 Château d’Yquem to finish off the lunch in style – the Bruno Borie style.

It will always take me back and make me smile whenever I think of the good meals, stories and wines shared with Bruno. His charm, passion and energy instantly fill the dining room and all you can do is enjoy his great stories and his great company, being incapable of writing any kind of reasonable tasting note, which, perhaps, is the greatest way to enjoy wine — without any judgment.

Having said all this, I believe that nothing describes Bruno Borie better than his wines — stylish, characterful, complex, refined and incredibly intelligent. Cheers Bruno!

the scientific mind

Recorking & re-bottling techniques

Natural cork gradually loses its key protective qualities over time, necessitating replacement. At Château Ducru-Beaucaillou, two procedures are employed each one adopted for specific purposes.

To ensure maximal protection, all manipulations are performed at the château in collaboration with industry leader Michael PAETZOLD®.

Eternam®

For recorking older vintages, the state-of-the-art Eternam® procedure is used. For this procedure, the old cork is mechanically removed under nitrogen gas and a micro-quantity of wine is extracted for quality control tasting. If approved, the bottle is then topped up to the precise level, using wine from the same vintage. Finally the bottle is mechanically recorked under inert gas (e.g. Argon, Nitrogen) using a superior quality 54mm certified cork, individually tested cork.

This procedure offers the following advantages :

1. Every bottle is tasted for quality control.

2. This state-of-the-art procedure ensures maximal protection of wine quality.

3. The lifespan of the wine is extended with the new superior quality cork.

All recorked wines bear the notation « rebouché au Château » on both their labels and corks, while the bottles are laser-marked for traceability.

Re-bottling ®

For changing bottle formats or esthetics, the Re-bottling ® procedure is used.

During this process, each bottle of wine from a single vintage is quality tasted and then transferred to a tank under inert conditions. This process ensures consistency, reducing bottle variation. Subsequently, the wine is transferred into new bottles and then sealed with superior quality, 54mm certified, individually tested corks.

This procedure offers the following advantages :

1. A guarantee of protection of wine quality throughout the entire process.

2. Reduced bottle variation.

3. The lifespan of the wine is extended with new superior quality corks, and when relevant with larger format.

All wines that undergo this rebottling process are labeled as « rebouché au Château »

events around the globe

Besides passion, provenance and preservation are the paramount considerations for every serious wine lover and collector. This historic Ducru-Beaucaillou wine portfolio is unveiled for the first time ever and is in itself a homage to the dedication and craft of the estate over three centuries.

WINE DINNERS

The eminence of this unprecedented Bordeaux wine event is the perfect opportunity to gather all Château Ducru-Beaucaillou lovers through a series of tastings that Bruno-Eugène Borie and Baghera/wines will be honored to host in May and June 2024 in New York, Dallas, Los Angeles, Hong Kong, Bangkok, Singapore, Stockholm and Geneva.

These events will feature solely bottles and larger formats from Ducru-Beaucaillou’s historic cellars.

Please visit bagherawines.com and contact us to pre-book your tickets early as seats will be very limited.

For more information contact Julie jcarpentier@bagherawines.com

new york , dallas , los angeles , hong kong , bangkok , singapore , stockholm and geneva

auction venue

Château Ducru-Beaucaillou

saint-julien , médoc , france

Baghera/wines invites you to attend “Dear Pebbles” auction on Sunday the 23rd of June 2024 within the historical and privileged setting of Château Ducru-Beaucaillou.

HISTORICAL MEDOCIAN PROPERTY

The beauty of the site predisposes the soul to this exceptional cru. In this vast 105-hectare vineyard in the Saint-Julien appellation area, an elegant Directoire-style building. A model of its kind. Its neo-classical architecture reflects the intimate harmony between vine, sky and water. The raised first floor gracefully follows the natural gradient of the land, sloping gently down to the banks of the estuary.

Come and feel the excitment of this historical live auction, in the majectic premises of Château Ducru-Beaucaillou: a rare opportunity to discover one of Médoc’s jewels and attend this unprecendented celebration.

Château Ducru-Beaucaillou 1887

“Full-bodied and generous.” characteristics of vintage

| Quality |

 (great)

| Weather |

A cold and wet spring delayed flowering until June 15th, followed by a growing season that was ideally hot and dry. Dry conditions, combined with the application of Bordeaux Mixture, ensured clean and healthy, fully ripened fruit.

| Harvest |

Harvest began September 17th, giving full-bodied, generous wines.

1 bottle per lot

€ 2’000 – 4’000 per lot lot 298

Château Ducru-Beaucaillou 1887

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1896

“Elegant wines.”

characteristics of vintage

| Quality |  (great)

| Weather |

Spring was mild, and flowering was on time, with flowers first appearing on June 1st. The summer was generally warm to hot, although rain at harvest resulting in some fruit dilution.

| Harvest |

Harvest began September 20th, yielding an abundant crop and producing goodquality, elegant wines.

1 bottle per lot

€ 2’000 – 4’000 per lot lot 299

Château Ducru-Beaucaillou 1896

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1911

“Powerful and long-lasting.”

characteristics of vintage

| Quality |

 (great)

| Weather |

After a cold and long winter, the mild spring led to early flowering. However, a spell of cool temperatures and successive days of rain in mid-June reduced the yield potential. The summer brought ideal hot and dry growing conditions, with temperatures hitting 37 degrees Celsius in July. Veraison occurred early, followed by consistent hot temperatures between 25 to 35 degrees Celsius until the end of September, ensuring perfect fruit ripening.

| Harvest |

The warm and dry conditions persisted throughout the harvest, commencing September 29th. This yielded small, concentrated fruit resulting in powerful, longlasting wines.

1 bottle per lot

€ 1’500 – 3’000 per lot lot 300

Château Ducru-Beaucaillou 1911

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1916

“Well structured wines.”

characteristics of vintage

| Quality |

 (great)

| Weather |

Following a cold and wet winter, spring was delayed; however, flowering occurred on time, with the first flowers noted on June 2nd. Warm and damp conditions in June and July led to high disease pressure and delayed veraison. Conditions improved in August, with temperatures reaching the mid 30s degrees Celsius. The weather stayed warm and dry throughout September, allowing the fruit to fully ripen.

| Harvest |

Harvest began on September 20th, resulting in lower volumes of high-quality, small, and concentrated berries, giving well-structured wines.

1 bottle per lot

€ 1’500 – 3’000 per lot lot 301

Château Ducru-Beaucaillou 1916

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lot 302 1917

Château Ducru-Beaucaillou 1917

“Elegant and highly aromatic.”

characteristics of vintage

| Quality |

 (great)

| Weather |

A cold spring with snow extended into April, delaying budbreak. However, a sharp rise in temperatures during May and June, reaching up to 35 degrees Celsius, led to a successful start to flowering. Unfortunately, hail on June 18th diminished the yield potential. Despite this setback, the temperatures remained consistently hot and dry throughout the summer, with favourable conditions lasting through harvest.

| Harvest |

Harvesting began on September 22nd. Due to a reduced workforce during the war, most pickers and cellar hands were women. The vintage resulted in elegant, highly aromatic wines.

1 bottle per lot

€ 1’400 – 2’800 per lot lot 302

Château Ducru-Beaucaillou 1917

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 (Eternam®)*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 303 – 304

Château Ducru-Beaucaillou 1920

“Crafted for ageing.”

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

A mild spring initiated an early start to the season, causing the first appearance of flowers on May 23rd, a full two weeks ahead of schedule. Flowering occurred abundantly and uniformly. The summer remained warm and dry, without excessive temperature spikes, allowing for a balanced ripening process. September saw sunny days with occasional showers in the second half, which contributed to plumping the berries. |

Harvest

Harvest commenced on September 22nd, resulting in a small yet high-quality crop, producing well-structured wines crafted for ageing.

1 bottle per lot

€ 1’300 – 2’600 per lot lot 303 – lot 304

Château Ducru-Beaucaillou 1920

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lots 305 – 306

Château Ducru-Beaucaillou 1926

“Significant potential for ageing.”

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

Spring exhibited irregular weather patterns, starting warm and sunny but encountering temperature drops in early April and again in May. These fluctuations led to uneven flowering and coulure, ultimately reducing the yield potential. July and August brought hot, dry weather with temperatures reaching a peak of 35 degrees Celsius. The first fortnight of September witnessed overcast conditions before returning to optimal, sunny and dry weather, with temperatures reaching up to 30 degrees Celsius.

| Harvest |

Harvest began on October 4th, yielding limited quantities of exceptional quality fruit producing wines with significant potential for ageing.

1 bottle per lot

€ 1’500 – 3’000 per lot lot 305

1 magnum per lot

€ 4’000 – 8’000 per lot lot 306

Château Ducru-Beaucaillou 1926

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottle tasted and recorked in 2017, magnum in 2014 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lot 307

Château Ducru-Beaucaillou 1928

“Powerful wines of exceptional quality.” characteristics of vintage

| Quality |

 (mythic)

| Weather |

The season began on a positive note with unusually warm weather in March. However, April and most of May brought cold, rainy conditions. Favourable weather returned at the end of May, with temperatures reaching 27 degrees Celsius. Flowering experienced a delay, with ‘pleine fleur ’ on June 15th, but progressed rapidly and evenly thereafter. Summer conditions from June through to August were characterised by ideal heat and dryness. Four intermittent days of rain in August revitalized the vines, preventing hydric stress.

| Harvest |

Harvest commenced on September 25th under clear, sunny skies, resulting in thickskinned, highly concentrated fruit. This yielded powerful wines of exceptional quality and remarkable longevity.

1 bottle per lot

€ 1’500 – 3’000 per lot lot 307

Château Ducru-Beaucaillou 1928

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lot 308

Château Ducru-Beaucaillou 1929

“Incredibly oppulent.”

characteristics of vintage | Quality

| Weather |

Bitterly cold winter conditions persisted until early March, delaying budbreak, with low temperatures lasting throughout May. Spring frosts on April 7th, 13th, and 28th damaged early buds, diminishing the yield potential. Wet conditions in June resulted in a delayed and uneven flowering. However, in early July, the weather shifted dramatically, marking one of the hottest and driest growing seasons on record. Occasional light rains during harvest rejuvenated the vines for the final ripening phase.

| Harvest

Harvest commenced on September 26th under warm, sunny conditions, producing exceptionally rich, succulent fruit. The year 1929 stands out as one of the vintage years of the century due to its incredibly opulent and supple wines.

1 bottle per lot

€ 1’500 – 3’000 per lot lot 308

Château Ducru-Beaucaillou 1929

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1934

“Impressive longevity.”

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

The cold onset of spring delayed vine growth, with winter temperatures lingering until mid-April. In May, seasonal warm weather and occasional spring showers facilitated an early and uniform flowering. June saw rising temperatures, with hot and dry weather throughout most of July. Late July rainfall prevented drought conditions, while August brought damp weather, accumulating twice the average rainfall. September offered ideal conditions‚ sunny and warm‚ enabling full fruit ripening.

| Harvest |

Harvest commenced on September 21st, yielding high-quality fruit and wines with impressive longevity.

1 bottle per lot

€ 1’200 – 2’400 per lot lot 309

Château Ducru-Beaucaillou 1934

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lot 310

Château Ducru-Beaucaillou 1938

“Delicate wines.”

characteristics of vintage

| Quality |

 (good)

| Weather |

Despite a bitterly cold winter, budbreak occurred early. However, from March to May, there were three months of persistent cold temperatures and minimal rainfall. Spring arrived belatedly in mid-May, leading to a successful flowering, marked by ‘pleine fleur ’ arriving on time on June 9th. June was characterized by sunny and warm weather. From July through to early September, the weather was variable, featuring cooler temperatures and intermittent rainstorms. On September 12th, a shift occurred in the weather, bringing sunshine and warmth.

| Harvest |

Harvesting commenced on September 27th.

1 bottle per lot

€ 1’000 – 2’000 per lot lot 310

Château Ducru-Beaucaillou 1938

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1939

“Highly perfumed aromatics.”

characteristics of vintage

| Quality |

 (great)

| Weather |

A prolonged cold winter hindered vine growth, and cool temperatures lingered until June. The initial flowers emerged in the vineyards on June 3rd. Summer brought frequent rains, intensifying disease pressure and postponing veraison. The weather was stormy upon the declaration of war on September 3rd.

| Harvest |

Consequently, the harvest commenced late, starting on October 2nd. This yielded elegant wines with a lighter style and highly perfumed aromatics.

1 bottle per lot

€ 1’000 – 2’000 per lot lot 311

Château Ducru-Beaucaillou 1939

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2017 ( Eternam® )* .

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lots 312 – 315

Château Ducru-Beaucaillou 1945

“Outstanding quality.”

characteristics of vintage

| Quality |

 (mythic)

| Weather |

The winter brought heavy snow and plummeting temperatures as low as -10 degrees Celsius. April experienced hot and dry conditions, reaching a peak of 28 degrees Celsius on April 19th. The end of the month was cooled by refreshing spring rains. Severe frost on May 2nd diminished potential yields, followed by a rapid rise in temperatures, reaching the mid-30s by mid-May. The first flowers emerged on May 12th, marking one of the earliest appearances on record, followed by ideal summer conditions. June maintained warmth with intermittent rains, beneficial for vine growth. July’s heatwave saw temperatures soar to 36 degrees Celsius, perfect for vine development. August brought hot days with intermittent cool showers, ideal for the fruit’s ripening phase.

| Harvest |

Harvest began on September 13th under sunny skies. The warm and dry conditions persisted throughout picking, with temperatures reaching 36 degrees Celsius. This yielded small, highly concentrated fruit, resulting in rich, well-structured, and outstanding quality wines.

1 bottle per lot

€ 1’500 – 3’000 per lot lot 312 – lot 314

1 magnum per lot

€ 4’000 – 8’000 per lot lot 315

Château Ducru-Beaucaillou 1945

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1947

“Opulence and succulence.”

characteristics of vintage

| Quality |

 (mythic)

| Weather |

The winter brought bitter cold, with temperatures dropping to as low as -12 degrees Celsius in late January. Spring was notably warm, with temperatures reaching up to 28 degrees Celsius on April 27th. The initial flowers appeared on May 27th, and the flowering process was rapid and uniform. Summer endured high temperatures and arid conditions, with readings as high as 39 degrees Celsius recorded in June, July and August. The timely rains in early August and early September revitalized the vines, while cooler night-time temperatures aided in maintaining balance and freshness amidst these extreme growing conditions. September maintained its hot, sunny disposition, with temperatures remaining in the mid 30s.

| Harvest |

Harvest commenced on September 25th, yielding fruit of unparalleled richness. The wines produced from this legendary vintage boast opulence, succulence, and remarkable richness.

1 magnum per lot

€ 3’500 – 7’000 per lot lot 316

Château Ducru-Beaucaillou 1947

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2014 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 317 – 319

Château Ducru-Beaucaillou 1949

“Exceptional panache.”

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

Spring was warm and dry, with temperatures soaring to 26 degrees Celsius on April 13th. May encountered variable conditions with sporadic rains. The initial signs of flowering emerged on May 27th, but stormy weather during the first two weeks of June led to coulure, subsequently reducing the yield potential. Fortunately, this inclement weather gave way to ideal summer conditions, maintaining temperatures between 25 to 35 degrees Celsius until the end of August. The onset of September saw intermittent showers followed by a heat spike from sirocco winds, culminating in a much-needed heavy rainfall on September 15th.

| Harvest |

Harvest commenced on September 23rd under rainy skies. This dry growing season, marking the driest vintage since 1893, produced powerful, concentrated and longlasting wines celebrated for their exceptional panache.

1 bottle per lot

€ 1’400 – 2’800 per lot lot 317 – lot 319

Château Ducru-Beaucaillou 1949

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2014 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1950

“Aromatic elegance.”

characteristics of vintage

| Quality |

 (great)

| Weather |

Spring arrived early, with temperatures reaching up to 20 degrees Celsius in midFebruary. April brought cooler weather with sporadic showers, while May saw temperatures climbing up to 32 degrees Celsius. The first appearance of flowers was noted on June 3rd, and ‘pleine fleur ’ was observed by June 8th. Despite a successful, rapid and uniform flowering, a hailstorm on June 15th significantly decreased yields. However, the rest of the summer was characterised by ideal heat and dryness, experiencing spikes up to 38 degrees Celsius in July and maintaining average temperatures in the low 30s throughout August.

| Harvest |

Harvest commenced on September 23rd with cooler temperatures and intermittent rains during picking. These yielded wines are appreciated for their aromatic profile and elegance.

1 bottle per lot

€ 1’000 – 2’000 per lot lot 320

Château Ducru-Beaucaillou 1950

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsule, new label and new strip label especially designed for this auction.

New wooden case especially designed for this auction.

Level into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 321 – 322

Château Ducru-Beaucaillou 1953

“Fragrant finale. Sublime!”

cellar-master tasting note (June 2021)

Exquisite bouquet with an earthy richness combining raspberry coulis and baked prunes, Havana cigar smoke, espresso and a touch of liquorice. Midweight with a caressing cashmere texture, juicy freshness with a voluptuous mid-palate and impressive concentration, that persists in a remarkably long, sweet and fragrant final. Sublime!

characteristics of vintage

| Quality |

 (mythic)

Weather

Severe frosts in May reduced crops and subsequently helped to concentrate the fruit. A hot growing season, with plenty of sunlight and late season drought conditions, gave small, concentrated berries. September brought light rains that aided in the final ripening of the skins. Harvest occurred under ideal conditions, yielding small, thick-skinned, super-ripe berries.

winemaking

| Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

6 bottles per lot

€ 12’000 – 24’000 per lot lot 321 – lot 322

Château Ducru-Beaucaillou 1953

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2013 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lots 323 – 325

Château Ducru-Beaucaillou 1954

“Beautiful elegance and finesse.”

cellar-master tasting note (September 2021)

A wonderful surprise for this off-vintage, this very pale coloured wine offers a remarkably perfumed bouquet with a seducing potpourri of spring flowers, followed by dried red fruits, cranberries, cherries and plums, and subtle forest floor notes. The palate is highly perfumed with a lacy, delicate texture and a long, nuanced finish. Beautiful elegance and finesse.

characteristics of vintage

| Quality |

 (great)

| Weather

A difficult year with a growing season that was cool and damp on the whole. Careful selection and handling for the vinification resulted in attractive, soft, well flavoured wines.

| Harvest

The Bordeaux harvest officially started October 10th.

winemaking

Blend

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

1 bottle per lot

€ 1’000 – 2’000 per lot lot 323 – lot 325

Château Ducru-Beaucaillou 1954

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 or more information about recorking and re-bottling® techniques

lots

Château Ducru-Beaucaillou 1955

“Impressive concentration.”

cellar-master tasting note (September 2021)

Rich and enticing aromas of kirsch and musk, with olive tapenade, mocha, and smoked charcuterie, followed by deep earthy undertones, such as leather and tobacco. The palate is full, with impressive concentration and grip, giving a generous, plush texture. The finish is layered and persistent with earthy notes lingering.

characteristics of vintage

Quality

 (outstanding)

Weather

Near perfect conditions throughout the growing season and harvest. The weather was hot, sunny and dry for most of June, July and August with light rains in September, which enabled the fruit from this dry vintage to reach optimal levels of ripeness. The berries had rich, thick skins, requiring gentle handling for extractions.

winemaking | Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

6 bottles per lot

€ 14’000 – 28’000 per lot lot 326 – lot 327

Château Ducru-Beaucaillou 1955

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1956

Bruno-Eugène Borie’s Birth Year

“Savoury,

lighter-bodied.”

characteristics of vintage

| Quality |

 (average)

| Weather |

Unprecedented Arctic conditions hit in February, with temperatures plunging to -12 degrees Celsius, causing the Garonne to freeze and resulting in extensive vine damage across the region. The winter of 1956 marked the coldest period since 1709. Consequently, the growing season was delayed until mid-April. May brought warmth along with sporadic showers, marking the first appearance of flowers in the vineyards on June 1st. However, on the night of June 6th, a torrential downpour disrupted flowering, followed by a return to cold temperatures, leading to coulure and further reducing potential yields throughout the summer, damp conditions prevailed, with warm weather in July and cooler-than-average temperatures in August.

Harvest

Harvest commenced late, starting on October 7th, and continued under dry conditions.

3 bottles per lot

€ 3’000 – 6’000 per lot lot 328

Château Ducru-Beaucaillou 1956

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden case especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou 1959

lots 329 – 336

Château Ducru-Beaucaillou 1959

“Multi-layered finish.”

cellar-master tasting note (June 2021)

Seducing aromas of cassis liqueur and raspberry coulis with potpourri, incense and underbrush notes. Medium weight with a core of sweet kirsch and dried mulberry fruits, soft silky tannins and impressive vibrancy and vigour. The finish is multilayered with sweet and savoury notes and a touch of graphite bringing an extra lift.

characteristics of vintage

| Quality |

 (mythic)

| Weather |

1959 delivered close to a perfect growing season from start to finish and holds the same legendary status as 1961. The summer was hot and dry with lots of sunlight, and just enough rain to ward off hydric stress. Mid September saw well-timed rains that rejuvenated the vines, allowing the grapes to attain full maturity and phenolic ripeness.

| Harvest |

The Bordeaux harvest of 1959 officially began September 20th.

winemaking

| Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

6 bottles per lot

€ 14’000 – 28’000 per lot lot 329 – lot 332

3 magnums per lot

€ 15’000 – 30’000 per lot lot 333 – lot 336

Château Ducru-Beaucaillou 1959

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 337 – 345

Château Ducru-Beaucaillou 1961

“Endless persistence.”

cellar-master tasting note (June 2021)

Exhilarating bouquet with top notes of crushed violets and wild mint, leading to blackberry coulis and kirsch notes, followed by exotic cardamom and aniseed, revealing earthy truffle and Cuban tobacco with aeration. Medium to full-bodied with impressive depth of succulent fruits and a caressing charmeuse-satin texture. The finale is exquisitely nuanced and perfumes the entire palate with endless persistence.

characteristics of vintage

| Quality |

| Weather |

1961 is one the legendary vintages of all time. Spring was mild leading to an early budbreak, then frost on the night of May 30th/31st reduced crops which helped to concentrate flavours. Flowering was three weeks early and even. The summer was warm, sunny and dry with mild, well-timed rains in July that helped to invigorate the vines. August was extremely hot and dry, followed by a perfect September, which was warm and dry.

| Harvest |

Harvest was conducted under perfect conditions, yielding fully ripe and highly concentrated fruit.

winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph

6 bottles per lot

€ 14’000 – 28’000 per lot

lot 337 – lot 340

3 magnums per lot

€ 15’000 – 30’000 per lot

lot 341 – lot 344

1 double-magnum per lot

€ 15’000 – 30’000 per lot lot 345

Château Ducru-Beaucaillou 1961

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles tasted and recorked in 2012, magnums in 2013 and double-magnum in 2024 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 346 – 351

Château Ducru-Beaucaillou 1962

“Supple tannins and delicate structure.”

cellar-master tasting note (June 2021)

The slightly restrained nose reveals fully mature aromas of sweet fig and black fruit coulis, intermingled with dried herbs, star anise, worn leather, and underbrush. Midweight with a sweet fruit pastille core, lifting freshness and soft supple tannins that firm up and bring structure to the delicate, lingering finish.

characteristics of vintage | Quality

 (outstanding)

| Weather

A cold and rainy winter extended until the end of May. June delivered favourable warm, dry and sunny weather promoting late but good flowering. The temperatures continued to rise, leading to a very hot summer, with just enough rain to prevent drought and hydric stress. The harvest took place at the end of September and extended into October.

| Harvest |

Ideal weather continued throughout September and into the late harvest, which began in October.

winemaking

| Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

6 bottles per lot

€ 5’000 – 10’000 per lot

lot 346 – lot 349

3 magnums per lot

€ 6’000 – 12’000 per lot

lot 350 – lot 351

Château Ducru-Beaucaillou 1962

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 352 – 357

Château Ducru-Beaucaillou 1964

“Beautifully balanced finish.”

cellar-master tasting note (June 2021)

Seducing aromas of fruitcake and blackberry paste, with liquorice, cedar and sousbois notes revealing themselves with aeration. Medium-bodied with appealing vigour, soft silky tannins and ample mid-palate depth of flavours that persist with a welldefined and beautifully balanced finish, underscored by a graphite note on the end.

characteristics of vintage

| Quality |

 (great)

| Weather |

The vintage started with a warm spring giving an early and fast flowering. Summer was hot and dry with almost perfect conditions in September. At the start of harvest the French Ministry of Agriculture declared the vintage would be one of the best in history!

| Harvest |

The harvest started well, but on October 8th heavy rains fell and continued for a fortnight and the harvest continued in wet, sunless conditions.

winemaking

| Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph

6 bottles per lot

€ 4’000 – 8’000 per lot

lot 352 – lot 353

3 magnums per lot

€ 4’500 – 9’000 per lot

lot 354 – lot 357

Château Ducru-Beaucaillou 1964

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 358 – 361

Château Ducru-Beaucaillou 1966

“Impressive fruit concentration.”

cellar-master tasting note (June 2021)

Fragrant, complex bouquet with a top note of rose petals, followed by figs and prunes, with a waft of wild mint along with undertones of roasted nuts, espresso and cigar smoke. Medium-bodied with impressive fruit concentration, fine powdery tannins and ample freshness leading to a long, vibrant and delicately nuanced finish.

characteristics of vintage | Quality

 (outstanding)

| Weather

A mild winter and early spring with fine weather continuing throughout June resulting in good, even flowering. Most of the summer was cool and dry, although July saw some rains. August was mostly dry, but was cool and overcast. This was compensated by perfect hot, dry conditions in September. Intermittent rain just before the harvest aided the final ripening.

| Harvest |

The harvest took place in early October with perfect conditions.

winemaking | Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph

3 magnums per lot

€ 4’500 – 9’000 per lot lot 358 – lot 361

Château Ducru-Beaucaillou 1966

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1970

lots 362 – 369

Château Ducru-Beaucaillou 1970

“Elegant beauty.”

cellar-master tasting note (June 2021)

Mesmerising aromas with crème de cassis, red currant coulis, hints of blood orange, smoky gravel, fresh herbs and a touch of cigar smoke. Medium-bodied and impeccably balanced with excellent mid-palate depth; firm yet silky tannins and vibrant freshness brings great focus and structural integrity to this elegant beauty. Outstanding length and grip on the complex finish, with kirsch and crème-brûlée notes lingering on the aftertaste. A thoroughbred.

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

Cool winter weather lasted until relatively late in the spring, delaying flowering that finally took place under good conditions. June and July were hot and dry. August brought variable weather patterns with intervals of hot and cool temperatures and intermittent, well-timed rains. After a stormy, cold start, September brought sunny skies and a run of hot days that lasted into the start of harvest in October.

| Harvest |

October

winemaking

| Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

12 bottles per lot

€ 6’000 – 12’000 per lot lot 362 – lot 365

6 magnums per lot

€ 6’000 – 12’000 per lot lot 366 – lot 369

Château Ducru-Beaucaillou 1970

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles tasted and recorked in 2013, magnums in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 370 – 375

Château Ducru-Beaucaillou 1975

“Beautifully balanced with ample fruit.”

cellar-master tasting note (June 2021)

Expressive, mature nose with an abundance of sweet fruit liqueurs entwined with underbrush, cedar and oiled leather. Beautifully balanced with ample fruit, soft caressing tannins and a vibrant, sweet fruitcake aftertaste.

characteristics of vintage

| Quality |

 (great)

| Weather |

Mild spring resulted in even flowering that fortunately was uninterrupted by a few cold spells and occasional frosts. June and July were warm and dry. The temperatures increased throughout the season, leading to hot and dry conditions in August and September. September brought occasional well-timed showers that aided the final phenolic ripening of the grapes.

| Harvest |

The harvest began during the last week of September and occurred under sunny skies.

winemaking

| Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph

12 bottles per lot

€ 3’000 – 6’000 per lot

lot 370 – lot 373

6 magnums per lot

€ 3’000 – 6’000 per lot

lot 374 – lot 375

Château Ducru-Beaucaillou 1975

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Tasted and recorked in 2012 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1978

lots 376 –

382

Château Ducru-Beaucaillou 1978

“Very elegant and poised.”

cellar-master tasting note (June 2021)

The bouquet is deep and complex, offering up a blend of cassis liqueur, tobacco leaf, dried herbs and a suggestion of roasted game. Medium to full-bodied and beautifully balanced with a good core of fruit, fully resolved silky tannins and a long tangy, herb-infused and well-focused finish. Very elegant and poised.

characteristics of vintage

| Quality

 (great) | Weather

The weather conditions in spring and summer were cool and damp; however, things improved by mid-August with the end of the growing season bringing dry, hot and sunny conditions. The favourable weather prevailed with perfect conditions throughout September and into the late October harvest, enabling full ripeness of the fruit. | Harvest |

Late October

winemaking

Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

12 bottles per lot

€ 2’200 – 4’400 per lot

lot 376 – lot 377

6 magnums per lot

€ 2’800 – 5’600 per lot

lot 378 – lot 381

1 double-magnum per lot

€ 1’200 – 2’400 per lot lot 382

Château Ducru-Beaucaillou 1978

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles and magnums tasted and recorked in 2012, double-magnum in 2024 ( Eternam® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck, double-magnum base of neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1981

lots 383 – 392

Château Ducru-Beaucaillou 1981

“Focused and complex finish.”

cellar-master tasting note (October 2021)

The aromas waft from the glass with layers of potpourri, sweet dried red berries, cassis liqueur, cigar wrapper, a gentle fresh herb nuance and a touch of smoky gravel. The medium-bodied palate is very lively and fresh and beautifully balanced with a great core of fruit and chiselled tannins that add grip to the focused and complex finish.

characteristics of vintage

| Quality |

 (great)

Weather

Spring was unremarkable resulting in a fast, homogenous flowering and a successful fruit setting. Early summer was cool followed by a hot dry spell from July 28th through to September 20th; the average August temperature was 22 degrees Celsius. Late September brought gentle but frequent rains, while the late harvest occurred under mostly sunny skies.

28 September — 6 October

winemaking | Blend |

(approximate): 65% Cabernet Sauvignon, 25% Merlot Noir, 3% Cabernet Franc, 7% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in

12 bottles per lot

€ 1’600 – 3’200 per lot lot 383 – lot 392

Château Ducru-Beaucaillou 1981

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles were reconditioned from bottles, tasted and recorked in 2011 ( Re-bottling® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels base of neck or better.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1982

lots 393 – 430

Château Ducru-Beaucaillou 1982

“Epic persistence.”

cellar-master tasting note (June 2021)

Stunningly deep and complex bouquet starting with dried rose petals and a wisp of cedary herbs, followed by a core of sweet fruit liqueurs and a hint of liquorice. With aeration, Havanna cigar smoke, wild mushrooms and oiled leather notes unfurl. Medium to full-bodied with impressive concentration of sweet fruits, seamless integration of cashmere-textured tannins and vibrant freshness bringing focus to the flavours. The finish is highly perfumed and nuanced with epic persistence.

characteristics of vintage

| Quality |

 (mythic)

| Weather |

Close to perfect conditions from start to finish. The winter was mild followed by a warm, dry spring; flowering took place in ideal conditions and was fast and even. A very hot summer with just enough rain from occasional thunderstorms allowed for spectacular ripening. Temperatures spiked for the first two weeks of September, perfecting the final ripening of the skins.

| Harvest |

16 September — 3 October

winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 3% Cabernet Franc, 7% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

12 bottles per lot

€ 3’800 – 7’600 per lot lot 393 – lot 402

6 magnums per lot

€ 4’400 – 8’800 per lot lot 403 – lot 408

1 double-magnum per lot

€ 2’000 – 4’000 per lot lot 409 – lot 420

1 imperial per lot

€ 4’500 – 9’000 per lot lot 421 – lot 426

1 salmanazar (9L) per lot

€ 7’500 – 15’000 per lot lot 427

1 melchior (18L) per lot

€ 20’000 – 40’000 per lot lot 428 – lot 429

1 babylonium® (27 L) per lot

€ 40’000 – 80’000 per lot lot 430

Château Ducru-Beaucaillou 1982

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles, magnums, double-magnums, imperials, salmanazar, melchiors and Babylonium® were reconditionned from bottles.

Bottles were tasted and recorked in 2011 ( Re-bottling ®)* and large formats in 2021 ( Re-bottling ®)*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels base of neck or better for bottles, into neck for large formats.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1985

lots 431 – 456

Château Ducru-Beaucaillou 1985

“Exquisite freshness.”

cellar-master tasting note (June 2021)

Seductive nose combining crème de cassis, wild mint and graphite, with earthy cedar and black truffle notes unfurling in the glass. Medium to full-bodied, densely concentrated with exquisite freshness, and perfectly integrated, velvety tannins. The finish is impressively long, pure and smooth.

characteristics of vintage

| Quality |

 (outstanding)

| Weather

A very cold winter was followed by a cold start to spring. However, the weather improved in March with hot June temperatures in time for flowering. The summer was hot and dry with just enough rain in August to reduce temperatures, rejuvenate the vines and retain freshness in the fruit. September was one of the hottest and driest on record, ideal for the final ripening phase, giving concentrated berries with perfectly ripened skins. The favourable conditions continued through to the end of the harvest in October. | Harvest |

30 September — 11 October winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 3% Cabernet Franc, 7% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

12 bottles per lot

€ 1’800 – 3’600 per lot

lot 431 – lot 440

6 magnums per lot

€ 2’000 – 4’000 per lot

lot 441 – lot 446

1 double-magnum per lot

€ 700 – 1’400 per lot

lot 447 – lot 452

1 imperial per lot

€ 1’500 – 3’000 per lot

lot 453 – lot 455

1 melchior (18L) per lot

€ 12’000 – 24’000 per lot lot 456

Château Ducru-Beaucaillou 1985

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles, magnums, double-magnums, imperials, and melchior were reconditionned from bottles.

Bottles were tasted and recorked in 2011 ( Re-bottling® )* and large formats in 2021 ( Re-bottling® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels base of neck or better for bottles, into neck for large formats. Melchior top shoulder.

* Please refer to pages 14 – 15 or more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1986

lots 457 – 491

Château Ducru-Beaucaillou 1986

“Great power and poise.”

cellar-master tasting note (June 2021)

Intense nose of blackberry liquor and kirsch, laced with mint and liquorice, followed by cedar, leather and nuances of smoked charcuterie. Medium to full-bodied, with high concentration and depth of fruit, wrapped around a powerful backbone of firm ripe tannins and mouth-watering freshness. An appealing savoury note, combining dried herbs with cassis leaf, brings lovely freshness to the long, lingering finish. Great power and poise.

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

A cold spring led to late budbreak, but thanks to a warm, dry May, flowering occurred on schedule. The summer was hot and dry, July and August were particularly hot, while welcomed rains in September rejuvenated the vines and helped the final ripening, without diluting the fruit, or disrupting harvest. The weather was perfect in early October giving ideal harvest conditions and exceptional fruit quality.

| Harvest |

Started September 29, lasted two weeks.

winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 3% Cabernet Franc, 7% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

12 bottles per lot

€ 1’800 – 3’600 per lot

lot 457 – lot 466

6 magnums per lot

€ 2’000 – 4’000 per lot

lot 467 – lot 476

1 double-magnum per lot

€ 700 – 1’400 per lot

lot 477 – lot 488

1 imperial per lot

€ 1’500 – 3’000 per lot

lot 489 – lot 490

1 melchior (18L) per lot

€ 12’000 – 24’000 per lot lot 491

Château Ducru-Beaucaillou 1986

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles, magnums, double-magnums, imperials, and melchior were reconditionned from bottles.

Bottles were tasted and recorked in 2011 ( Re-bottling ®)* and large formats in 2021 ( Re-bottling ®)*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels base of neck or better for bottles. Levels into neck for large formats. Melchior base of neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1988

lots 492 – 521

Château Ducru-Beaucaillou 1988

“Firmly structured finish.”

cellar-master tasting note (June 2021)

Enticingly fragrant nose combining sweet plums and dried cassis, with roasted coffee beans, tobacco leaf, cedar and smoked charcuterie. Full-bodied and very soft, with round tannins, giving a plush, velvety texture. The finish is very long and firmly structured with a delicious mocha-infused aftertaste.

characteristics of vintage

| Quality |

 (outstanding)

| Weather

April and May were mild and damp with a spell of favourable late spring conditions that enabled flowering to pass smoothly, despite some coulure and millerandage.

June and July were sunny and warm rather than hot, while August was very dry, with just 16mm of rain. Harvest was predictably late compared to other vintages. | Harvest |

30 September — 12 October

winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available

12 bottles per lot

€ 1’800 – 3’600 per lot

lot 492 – lot 501

6 magnums per lot

€ 2’000 – 4’000 per lot

lot 502 – lot 511

1 double-magnum per lot

€ 700 – 1’400 per lot

lot 512 – lot 517

1 imperial per lot

€ 1’500 – 3’000 per lot

lot 518 – lot 520

1 melchior (18L) per lot

€ 12’000 – 24’000 per lot lot 521

Château Ducru-Beaucaillou 1988

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles, magnums, double-magnums, imperials, and melchior were reconditionned from bottles.

Bottles were tasted and recorked in 2011 ( Re-bottling ®)* and large formats in 2021 ( Re-bottling ®)*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels base of neck or better for bottles. Levels into neck for large formats.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1989

lots 522 – 530

Château Ducru-Beaucaillou 1989

“Wonderfully savory finish.”

cellar-master tasting note (June 2021)

A captivating, layered bouquet leading with dried violets, followed by sweet prunes, figs and exotic spices, then revealing savoury tobacco wrapper, charcuterie and wild mushrooms with aeration. Medium to full-bodied with a core of rich opulent fruits, beautifully balanced with firm but fine powdery tannins and lifting freshness. The finish is impressively long, succulent, and wonderfully savoury.

characteristics of vintage

|

Quality |

 (outstanding)

| Weather |

The 2nd in a trio of great vintages. Following an auspicious start with a very mild winter and wet spring, the weather rapidly improved in May resulting in an even flowering, three weeks ahead of schedule. The summer was hot, sunny and dry (the hottest summer since 1949). It stayed hot and extraordinarily dry from May to September (only 195mm of rain during this period), with heavy deluges in August rejuvenating the vines at key times. At the beginning of September the grapes were perfectly mature and healthy, resulting in an exceptionally early harvest.

| Harvest |

11 September — 24 September

winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

12 bottles per lot

€ 1’800 – 3’600 per lot

lot 522 – lot 526

6 magnums per lot

€ 2’000 – 4’000 per lot

lot 527 – lot 528

1 imperial per lot

€ 1’500 – 3’000 per lot

lot 529 – lot 530

Château Ducru-Beaucaillou 1989

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles, magnums and imperials were reconditioned from bottles, tasted and recorked in 2011 ( Re-bottling ®)*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

1990

lots 531 – 561

Château Ducru-Beaucaillou 1990

“Powerful and opulent texture.”

cellar-master tasting note (June 2021)

Captivating aromas of stewed plums and kirsch, with star anise and cardamon spices, followed by truffle and dried herbs. Medium to full-bodied with great depth and concentration of flavours, offset by firm, fine-grained tannins and vibrant freshness, giving a powerful and opulent texture. Savoury fruit and stony notes persist on the long, lingering finish.

characteristics of vintage

| Quality |

 (outstanding)

| Weather

Spring was cool, but temperatures warmed in May leading to early flowering. July and August were extremely dry; at the time, 1990 was the hottest summer on record, enabling grapes to reach a high level of ripeness. Rains at the end of August reinvigorated the vines and moderated the temperatures, preserving freshness in the grapes. September was ideally warm, sunny and dry, creating perfect conditions for harvest.

| Harvest |

23 September — 8 October winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 3% Cabernet Franc, 7% Petit Verdot

Photograph

12 bottles per lot

€ 2’200 – 4’400 per lot

lot 531 – lot 540

6 magnums per lot

€ 2’400 – 4’800 per lot

lot 541 – lot 546

1 double-magnum per lot

€ 850 – 1’700 per lot

lot 547 – lot 558

1 imperial per lot

€ 1’800 – 3’600 per lot

lot 559 – lot 561

Château Ducru-Beaucaillou 1990

Grand Cru Classé, Saint-Julien.

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Bottles, magnums, double-magnums and imperials were reconditionned from bottles.

Bottles were tasted and recorked in 2011 ( Re-bottling ®)* and large formats in 2021 ( Re-bottling ®)*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

lots 562 – 577

Château Ducru-Beaucaillou 1995

“Very polished and suave.”

cellar-master tasting note (June 2021)

Hedonistic and seducing aromas of preserved plums and cassis liqueur with exotic star anise, followed by mocha, leather and a touch of wild mint. The palate is mediumbodied with a dense, sweet fruit core, impeccably balanced by draping cashmeretextured tannins and a bright freshness, finishing in a long, nuanced finale. Very polished and suave.

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

A warm spring led to early flowering while spring rains helped to restore the water tables for the dry season ahead. June, July and August delivered three months of exceptional weather: very hot and dry but without water stress. Temperatures cooled in September with light rains in mid-September, followed by another dry spell extending through to the end of the month, giving perfect weather from September 20th through to October, yielding ripe, healthy, thick-skinned fruit.

| Harvest |

18 September — 30 September

winemaking

| Blend |

65% Cabernet Sauvignon, 25% Merlot Noir, 5% Cabernet Franc, 5% Petit Verdot

Photograph

12 bottles per lot

€ 2’400 – 4’800 per lot lot 562 – lot 571

3 magnums per lot

€ 1’300 – 2’600 per lot lot 572 – lot 573

1 double-magnum per lot

€ 1’000 – 2’000 per lot lot 574 – lot 576

1 imperial per lot

€ 2’200 – 4’400 per lot lot 577

Château Ducru-Beaucaillou 1995

Grand Cru Classé, Saint-Julien.

Bottles

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Large formats

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Magnums, double-magnums and imperial were reconditioned from bottles, tasted and recorked in 2023 ( Re-bottling® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

Château Ducru-Beaucaillou

lots 578 – 586

Château Ducru-Beaucaillou 1996

“An abundance of rich fruits.”

cellar-master tasting note (June 2021)

Mesmerising bouquet of macerated red and black fruits with a touch of dried herbs, opening to sweet cigar smoke and cedar nuances with aeration. Medium body with an abundance of rich fruits wrapped around a core of ripe, supple tannins, underpinned by exquisite freshness that brings focus and precision to the long, nuanced finish.

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

A warm, mild spring, with rainfall well below the seasonal average, led to early flowering. June and July were hot and dry. August delivered cool temperatures with late-month rains. September was hot, sunny and dry with cool nights, resulting in a rapid accumulation of sugar, ripe phenolics and retained acidity levels, giving beautifully concentrated and structured wines.

| Harvest |

23 September — 8 October winemaking

Photograph shows part of lot(s) – photographs of each individual lot in

12 bottles per lot

€ 2’600 – 5’200 per lot

lot 578 – lot 582

6 magnums per lot

€ 3’000 – 6’000 per lot

lot 583 – lot 584

1 double-magnum per lot

€ 1’100 – 2’200 per lot lot 585 – lot 586

Château Ducru-Beaucaillou 1996

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels base of neck.

lots 587 – 598

Château Ducru-Beaucaillou 1999

“Impressive vivacity.”

cellar-master tasting note (June 2021)

Appealing bouquet offering cassis and raspberry liqueurs and crushed stones, unfurling nuances of mocha and roasted walnut with time in the glass. Mediumbodied with impressive vivacity and purity of flavours, refined, ultra-silky tannins, and a persistent and layered finish, with sweet fruits and cocoa notes lingering.

characteristics of vintage

Quality

 (great) | Weather

A warm spring enabled a fast, homogenous flowering; however, humid conditions required extra efforts to keep the bunches healthy. June and July brought hot, dry weather. Early August saw a short, wet period that replenished the soils and then quickly gave way to ideal sunny, dry weather for the remainder of the month and into the first two weeks of September. This was followed by a 3-week rainy period, which subsequently required high selection of fruit (60% of the crop was retained) to ensure ample concentration and ripeness. | Harvest |

20 September — 4 October

12 bottles per lot

€ 1’800 – 3’600 per lot lot 587 – lot 590

6 magnums per lot

€ 2’000 – 4’000 per lot lot 591 – lot 598

Château Ducru-Beaucaillou 1999

Grand Cru Classé, Saint-Julien.

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

lots

Château Ducru-Beaucaillou 2000

“Sublime.”

cellar-master tasting note (June 2021)

Spellbinding bouquet combining roses with rich blackberry and cassis liqueurs, layered with exotic star anise and cigar box aromas. Full-bodied with superb concentration showing stunning delineation and purity of flavours, a dense core of ripe polished tannins and mouth-watering vibrancy. The finish is impressively long and perfumed. Sublime.

characteristics of vintage

| Quality |

 (outstanding)

| Weather |

From May through to July, the weather brought alternating periods of heat and cool temperatures. The weather improved dramatically in August and the conditions in September were perfect! The harvest took place under ideal warm and dry conditions.

| Harvest |

22 September — 4 October

winemaking

| Blend |

70% Cabernet Sauvignon, 30% Merlot Noir

Photograph shows part of lot(s) – photographs of each individual lot in its entirety are available on

12 bottles per lot

€ 2’200 – 4’400 per lot lot 599 – lot 600

6 magnums per lot

€ 2’400 – 4’800 per lot lot 601 – lot 602

1 melchior (18L) per lot

€ 10’000 – 20’000 per lot lot 603

Château Ducru-Beaucaillou 2000

Grand Cru Classé, Saint-Julien.

Bottles & magnums

Kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Large format

Original bottles kept ‘sur pile’ in the Château cellars, Saint-Julien, France.

Melchior is reconditionned from bottles, tasted and recorked in 2021 ( Re-bottling® )*.

New capsules, new labels and new strip labels especially designed for this auction.

New wooden cases especially designed for this auction.

Levels into neck.

* Please refer to pages 14 – 15 for more information about recorking and re-bottling® techniques

index and guidelines

index

Château Ducru-Beaucaillou 1887 p. 21 – 28

Bottle(s) ( lot 298)

Château Ducru-Beaucaillou 1896 p. 29 – 36

Bottle(s) ( lot 299)

Château Ducru-Beaucaillou 1911 p. 37 – 44

Bottle(s) ( lot 300)

Château Ducru-Beaucaillou 1916 p. 45 – 52

Bottle(s) ( lot 301)

Château Ducru-Beaucaillou 1917 p. 53 – 60

Bottle(s) ( lot 302)

Château Ducru-Beaucaillou 1920 p. 61 – 68

Bottle(s) ( lots 303 – 304 )

Château Ducru-Beaucaillou 1926 p. 69 – 76

Bottle(s) ( lot 305 )

Magnum(s) ( lot 306 )

Château Ducru-Beaucaillou 1928 p. 77 – 84

Bottle(s) ( lot 307 )

Château Ducru-Beaucaillou 1929 p. 85 – 92

Bottle(s) ( lot 308)

Château Ducru-Beaucaillou 1934 p. 93 – 100

Bottle(s) ( lot 309)

Château Ducru-Beaucaillou 1938 p. 101 – 108

Bottle(s) ( lot 310)

Château Ducru-Beaucaillou 1939 p. 109 – 116

Bottle(s) ( lot 311)

Château Ducru-Beaucaillou 1945 p. 117 – 124

Bottle(s)

Château Ducru-Beaucaillou 1947 p. 125 – 132

Magnum(s) ( lot 316 )

Château Ducru-Beaucaillou 1949 p. 133 – 140

Bottle(s) ( lots 317-319)

Château Ducru-Beaucaillou 1950 p. 141 – 148

Bottle(s) ( lot 320)

Château Ducru-Beaucaillou 1953 p. 149 – 156

Bottle(s) ( lots 321 – 322)

Château Ducru-Beaucaillou 1954 p. 157 – 164

Bottle(s) ( lots 323 – 325 )

Château Ducru-Beaucaillou 1955 p. 165 – 172

Bottle(s) ( lots 326 – 327 )

Château Ducru-Beaucaillou 1956 p. 173 – 180

Bottle(s) ( lot 328)

Château Ducru-Beaucaillou 1959 p. 181 – 188

Bottle(s) ( lots 329 – 332)

Magnum(s) ( lots 333 – 336 )

Château Ducru-Beaucaillou 1961 p. 189 – 196

Bottle(s) ( lots 337 – 340)

Magnum(s) ( lots 341 – 344 )

Double-magnum(s) ( lot 345 )

Château Ducru-Beaucaillou 1962 p. 197 – 204

Bottle(s) ( lots 346 – 349)

Magnum(s) ( lots 350 – 351)

Château Ducru-Beaucaillou 1964 p. 205 – 212

Bottle(s) ( lots 352 – 353)

Magnum(s) ( lots 354 – 357 )

( lots 312 – 314 )

Magnum(s) ( lot 315 )

Château Ducru-Beaucaillou 1966 p. 213 – 220

Magnum(s) ( lots 358 – 361)

Château Ducru-Beaucaillou 1970 p. 221 – 228

Bottle(s)

Magnum(s)

( lots 362 – 365 )

( lots 366 – 369)

Château Ducru-Beaucaillou 1975 p. 229 – 236

Bottle(s

Magnum(s)

Château Ducru-Beaucaillou 1988 p. 277 – 284

Bottle(s)

Magnum(s)

Double-magnum(s)

( lots 370 – 373)

( lots 374 – 375 )

Château Ducru-Beaucaillou 1978 p. 237 – 244

Bottle(s)

Magnum(s)

Double-magnum(s)

( lots 376 – 377 )

( lots 378 – 381)

( lot 382)

Château Ducru-Beaucaillou 1981 p. 245 – 252

Bottle(s)

( lots 492 – 501)

( lots 502 – 511)

( lots 512 – 517 )

Imperial(s) ( lots 518 – 520)

Melchior(s) ( lot 521)

Château Ducru-Beaucaillou 1989 p. 285 – 292

Bottle(s)

Magnum(s)

( lots 383 – 392)

Château Ducru-Beaucaillou 1982 p. 253 – 260

Bottle(s)

Magnum(s)

Double-magnum(s)

Imperial(s)

Salmanazar(s)

Melchior(s)

Babylonium(s)®

( lots 522 – 526 )

( lots 527 – 528)

Imperial(s) ( lots 529 – 530)

Château Ducru-Beaucaillou 1990 p. 293 – 300

Bottle(s)

Magnum(s)

( lots 393 – 402)

( lots 403 – 408)

( lots 409 – 420)

( lots 421 – 426 )

( lot 427 )

( lots 428 – 429)

( lot 430)

Château Ducru-Beaucaillou 1985 p. 261 – 268

Bottle(s)

Magnum(s)

Double-magnum(s)

Imperial(s)

( lots 431 – 440)

( lots 441 – 446 )

( lots 447 – 452)

( lots 453 – 455 )

Melchior(s) ( lot 456 )

Château Ducru-Beaucaillou 1986 p. 269 – 276

Bottle(s)

Magnum(s)

Double-magnum(s)

Imperial(s)

( lots 457 – 466 )

( lots 467 – 476 )

( lots 477 – 488)

( lots 489 – 490)

Melchior(s) ( lot 491)

( lots 531 – 540)

( lots 541 – 546 )

Double-magnum(s) ( lots 547 – 558)

Imperial(s)

( lots 559 – 561)

Château Ducru-Beaucaillou 1995 p. 301 – 308

Bottle(s)

( lots 562 – 571)

Magnum(s) ( lots 572 – 573)

Double-magnum(s) ( lots 574 – 576 )

Imperial(s) ( lot 577 )

Château Ducru-Beaucaillou 1996 p. 309 – 316

Bottle(s) ( lots 578 – 582)

Magnum(s) ( lots 583 – 584 )

Double-magnum(s) ( lots 585 – 586 )

Château Ducru-Beaucaillou 1999 p. 317 – 324

Bottle(s) ( lots 587 – 590)

Magnum(s) ( lots 591 – 598)

Château Ducru-Beaucaillou 2000 p. 325 – 332

Bottle(s) ( lots 599 – 600)

Magnum(s) ( lots 601 – 602)

Melchior(s) ( lot 603)

inspection criteria

DESCRIPTION

Baghera/wines indicates conditions of the lots according to four criteria : capsules, corks, labels and levels. It is our duty to catalogue and report on wines as accurately as possible at the time of going to press. High resolution photographs are available upon request. The actual condition of the wine within the bottle is not necessarily linked to its outward appearance. You are strongly advised to examine any lot you are interested in before the sale to form your own opinion (or have it examined on your behalf).

CORKS AND ULLAGES IN REGARDS TO WINE

Ullage refers to the space between the base of the capsule and the wine itself. Acceptable ullage levels tend to increase with age.

It should be noted that ullages may change between publication of the catalogue and the sale. This may be caused by the ageing of the cork or by a change in the temperature of the storage conditions or the shipment of the wine. We will only accept responsibility for descriptions of conditions at the time of print of this catalogue and cannot accept responsibility for any loss resulting from failure of corks either before or after this point.

PARCELS

Same wines (producers, appellation, vintage, etc.) may be regarded as part of a parcel. The successful bidder on a lot in a parcel has the possibility to purchase each of the remaining unsold lots in this parcel at the same price, at the time of the bidding. Please note that, in this catalogue, a parcel notice is indicated by the numbers of its constitutive lots in the heading.

CAUTIONARY NOTES

– Descriptions and estimates in this catalogue may be amended at our own discretion. Information is given orally or in writing, before or during the sale.

– Note that some producers tend to over-fill their bottles and a small quantity of wine may be trapped between the capsule and the cork and seep. This should not be confused with ullage (ullage is a natural occurrence in older wines).

BORDEAUX FORMATS IN THIS SALE

• Bottle: 0,75L

• Magnum: 1,5L

• Double-magnum: 3L

• Imperial: 6L

• Salmanazar: 9L

• Balthazar: 12L

• Nabuchodonosor: 15L

• Melchior: 18L

• Babylonium®: 27L

• Barrel: 225L

bid with Baghera/wines

BIDDING IN PERSON

If you would like to experience the live excitement of an auction first hand and attend the auction room, you will need to register for a paddle in advance of the sale by filling out and submitting the dedicated Bidder Pre-Registration Form at your disposal in this catalogue on page 349

ABSENTEE BIDDING

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If you cannot physically attend the sale, you can leave your absentee bids through our website and online-catalogue. Connect to www.bagherawines.com

ONLINE LIVE BIDDING

Should you rather place your bids in real time through our online live bidding platform, please register ahead of the date and connect to www.bagherawines.com on the day of the sale and follow the guide.

TELEPHONE BIDDING

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As an alternative service to bidders, Baghera/wines also offers the possibility to submit a telephone bids request. We will contact you during the sale, and a member of our team will bid live with you over the phone. Contact : office@bagherawines.com.

conditions of business

Baghera Wines Auction France is an operator of voluntary sales of furniture by public auction governed by articles L. 321-4 et seq. of the French Commercial Code defining the ethical obligations of operators of voluntary sales.

These conditions of sale govern the contractual relationship between Baghera Wines Auction France (the “Company”), the seller whose contact details are indicated in the sales mandate (the “Seller”), as well as any bidder at the auction or any other buyer (the “Buyer”) in the context of the sale of lots (the “Lot(s)”).

These terms and conditions apply unless otherwise stated.

These conditions of sale may be amended at any time, either in writing or orally during the sale. By participating in any capacity whatsoever in an auction or private sale organised at the discretion of the Company, you agree to be bound by these conditions. We therefore advise you to read them carefully before participating.

1. THE PRINCIPLE OF THE AUCTIONS

The Company organises live, telephone and online auctions.

Online auctions are held on the website www.bagherawines.com which provides a technical platform enabling remote electronic participation in public auctions held in auction rooms.

2. TRANSFER OF RISKS AND PROPERTY

As soon as the word “sold” is pronounced, the risks and ownership of the Lot(s) are transferred to the Buyer.

3. ABSENTEE BIDDING

The Company may place bids under the instructions of its customers if the latter are unable to attend the auction in person.

The Company and its employees or agents cannot be held liable for failure to carry out these instructions during the auction.

In the event that two identical bidding instructions correspond to the highest bid, the Lot will be attributed to the first bidder. The Company reserves the right, at its sole discretion, to refuse bids based on a Buyer’s instructions in the event that the information and documents presented as proof of identity, i.e. the identity of the beneficial owner, prove to be false, incomplete, ambiguous or inadequate.

4. TERMS OF AUCTION

4.1 Bidding in the auction room

In order to bid, the Buyer must be present in the auction room and indicate his intention to bid by a gesture. Bids follow the order of the catalogue numbers.

The Seller and any person appointed by him/her may not bid on his/her own Lots. The Company may bid successively in response to other bids, in the name and on behalf of the Seller, up to the reserve price.

4.2 Online bidding

To participate in a sale taking place exclusively online, you must first register and provide a proof of identity in the form of gouvernment-issued indentification with a photograph, along with a proof of address.

5. ESTIMATE

The estimate for each Lot is based on prices achieved at previous auctions for similar lots. It is subject to change and is not a guarantee or indication of the final sale price. The estimate does not include costs such as adjudication fees and additional costs (see Article 7. below).

6. RESERVE PRICE

The reserve price is the minimum confidential price at which the Seller agrees to sell the Lot. If the reserve price is not reached, the Company may refuse the last bid and set a new starting price equal to or higher than the reserve price. If no bid matches or exceeds the reserve price, the Company shall withdraw the Lot without awarding it. However, the Company reserves the right to organise a private sale after the auction, in which case the price will not be lower than the reserve price, subject to the Seller’s agreement to a price below the reserve price.

7. AUCTION FEES AND ADDITIONAL COSTS

7.1 The price

In addition to the hammer price, the Buyer must pay a commission of 22% excluding VAT (i.e. 26.4% including VAT) calculated on the hammer price.

The commission is also 22% excluding VAT (i.e. 26.4% including VAT) calculated on the sale price in the event of a private sale.

7.2 Duties and taxes

Please refer to page 351 for VAT regimes and applicable VAT.

In the case of Lots put up for sale by persons who are not subject to VAT, only the commission paid by the Buyer, calculated according to the VAT margin system, is subject to value added tax. In this case, the VAT cannot be recovered, including by professional Buyers. In application of the VAT margin system, VAT may not appear on the invoice issued by the Company.

In the case of Lots put up for sale by persons subject to VAT, the common law system is applicable and VAT will be applied to the auction price plus the commission. The VAT

charged will be indicated on the invoice and may be recovered by professional Buyers in accordance with the rules applicable to them.

For taxable professionals, the indication of whether VAT is recoverable or non-recoverable appears in the description of the lots offered for sale.

Customers not residing in mainland France

Customers of the Company whose place of residence is outside mainland France are informed that customs duties and excise duties are not included in the price of the commission and are invoiced to customers in accordance with current legislation. Customers may contact the Company’s customer service department to find out about these rates.

The VAT regime for remote sales is likely to be applied, which entails the application of the VAT of the country of the Buyer resident in the European Union.

Export and Import

Under certain conditions, the Company may be exempted from applying VAT or authorised to refund it on Lots exported by a non-EU resident Buyer who exports the Lot outside the European Union.

The export of any goods from France, and the import into another country, may be subject to obtaining authorisations (export certificates, customs authorisations). It is the Buyer’s responsibility to check the required authorisations.

Specificity

The above rules are provided for information purposes only and the Company cannot be held liable for them. Each Seller and Buyer must check the fiscal and tax regime applicable to them.

8. EXCHANGE RATES

In certain auctions, in order to ensure adequate information for the Buyer, a currency converter is made available. The data displayed is provided for information purposes only and the Company accepts no liability whatsoever in relation thereto.

9. PRE-AUCTION INSPECTION

Prospective Bidders are encouraged to inspect Lots at the pre-auction viewing, which may be attended free of charge by appointment only (please contact Mrs. Virginie Maison, email vmaison@bagherawines.com , tél : + 33 (0)6 07 06 28 58).

Bidders accept responsibility for making inspections and inquiries during this visit to be satisfied as to the Lots in which they are interested.

The Company may also provide condition reports. The absence of reference to the condition of a Lot in the catalogue description does not imply that the Lot is free from defects or imperfections.

10. GUARANTEES

10.1 Guarantees given by the Company to the Buyer concerning the Lots

1) Right of retraction

In accordance with article L. 221-28, 11° of the French Consumer Code, the right of retraction does not apply to contracts concluded at a public auction.

Notwithstanding the provisions of article L. 221-28 of the French Consumer Code, if the Company decides to put an unsold Lot back up for sale by means of a private online sale, the individual Buyer is entitled to a right of retraction under the following conditions. The retraction period expires fourteen (14) days after the day on which the Buyer, or a third party other than the carrier and designated by the Buyer, takes physical possession of the Lot. To exercise the right of retraction, the Buyer must notify the Company of his/ her decision to retract from this contract by means of an unambiguous statement (e.g. letter sent by post, fax or e-mail). The Buyer may use the model retraction form that can be provided upon request.

In the event of retraction from this contract, the Company will reimburse all payments received from the Buyer, including delivery costs, without undue delay, within fourteen (14) days from the date on which the Company is informed of the Buyer’s decision to retract from this contract, or from the date of the actual return of the Lot. The Company will make the refund using the same means of payment as that used for the initial transaction, unless the Buyer expressly agrees to a different means.

The Buyer must send or return the Lots to the Company at the following address: Baghera Wines France, 13 rue Paul Cabet, 21700 Nuits-Saint-Georges, without undue delay and, in any event, no later than fourteen (14) days after having communicated his/her decision to retract from this contract. This deadline is deemed to have been met if the Buyer returns the Lot before the fourteen (14) day deadline has expired. The Buyer is only liable for the depreciation of the Lots resulting from handling other than that required to check the contents of the order or resulting from improper storage.

2) Guarantee of authenticity

If the Company sells a wine which the Buyer subsequently demonstrates to the Company’s reasonable satisfaction to be a “counterfeit”, subject to the conditions below, the Company will cancel the sale and refund to the Buyer the full amount paid by the Buyer (in the original currency). Definition: “counterfeit” means a wine, which in the reasonable opinion of the Company, is an imitation created to mislead as to producer and vintage, where the exact description of producer and vintage is not reflected by the description in the catalogue.

The guarantee is granted for a period of five (5) years from the date of the auction, for the sole benefit of the original Buyer and cannot be transferred to a third party.

conditions of business (continued)

In order to benefit from this guarantee, the Buyer must:

(i) inform the Company in writing within 14 days of becoming aware of a possible counterfeit, of his or her reasons for believing that the wine is counterfeit. The Buyer must specify the number of the Lot and the date of the sale at which it was purchased; and

(ii) return the Lot to the Company in the same condition as on the date of sale to the Buyer and be in a position to transfer the title deed for the Lot, free of any claim from a third party subsequent to the date of sale. The Company has the discretion to waive any of the above. The Company may require the Buyer to obtain, at his or her own expense, reports from two recognised and independent experts in the field, mutually acceptable to the Company and the Buyer.

The Company shall not be bound by any report produced by the Buyer, and reserves the right to seek additional expert advice at its own expense.

In the event that the Company decides to cancel the sale under this garantee, the reasonable cost of two mutually agreed independent expert reports may be reimbursed to the Buyer.

Since wine is a living product, it is likely to show variations in quality from one bottle to the next within the same vintage of the same cuvée, despite all the care taken.

10.2 Guarantees from the Seller to the Company concerning the Lots

The Seller guarantees to the Company:

(i) that in the event that he/she is the sole owner of the Lots, he/she holds an unlimited right to transfer ownership of the Lots to the Buyer, free of all rights and claims from third parties;

(ii) that in the event that he/she is not the owner of the Lots, that he/she is putting them up for sale on behalf of one or more third parties, or that he/she is a domiciliary company, which means the rules on anti-money laundering and the financing of terrorism are applicable; the Seller confirms in this respect that the documents and information sent to the Company in this context are correct and complete;

(iii) that he/she has complied with all requirements, legal or otherwise, relating to the export or import of the Lots and that he/she has notified the Company in writing of any failure by third parties to act in accordance with these requirements of which he/ she may have become aware;

(iv) that he/she has communicated all information in his/her possession concerning the origin of the Lots;

(v) that he/she has notified the Company in writing of any material alteration to the Lots of which he/she is aware and of any concerns expressed by a third party regarding the ownership, condition and allocation of the Lots. He/She guarantees to have disclosed all factors or facts of which he/she is aware and which could, on the date thereof, affect the sale of the Lots. The Seller undertakes to inform the Company immediately of any facts

or factors that may be revealed to him/her at any time prior to the sale of the Lots. These facts and factors include, but are not limited to, all details concerning:

- Any attempt by the Seller or his or her representatives to sell the Lots within a period of five years prior to the date of the sale.

- Any questions relating to the Lot raised by third parties in connection with the ownership, authenticity, provenance or compliance with the legal procedures to be respected for the import and export of the Lots.

11. REGISTRATION OF BIDDERS

Prospective Buyers participating in an auction with the Company for the first time are requested to provide the following documents, at least 48 hours in advance, to allow sufficient time for the Company to process and approve the auction registration:

- Individuals: photographic identification issued by a state authority, e.g. driving license, identity card or passport, and, if not on the identification document, proof of current address, e.g. electricity or water bill or bank statement.

- Companies: recent (less than 3 months) copy of the corporate register with which it is registered.

- For other structures such as trusts, offshore companies or partnerships, please contact the Company’s accounts department (Mrs. Ching-Hua Hsu, email chinghua@bagherawines. com) for advice on the information to be provided.

- A financial reference in the form of a statement or bank reference.

- Any person registering to bid on behalf of a third party who has not previously bid or consigned with the Company must bring identification documents not only for themselves but also for the third party on whose behalf they are bidding, together with a letter of authorisation signed by the third party.

Participation in any sale organised through the Company requires:

- to be of French legal age, i.e. 18 or over, and to meet the legal requirements of the country of delivery chosen at the time of registration.

- to have the legal capacity required to give consent, or to have the authorisation of a person with parental authority, a tutor or a curator if the user is a minor or incapable.

- to comply with all the conditions of these general terms and conditions of sale.

The Company is entitled to request a deposit in EUR from the Buyer in order to ensure the definitive registration of the bidders. If the bidder is not accepted and does not owe any debt to the Company, the deposit (i.e. the amount in EUR received) will be refunded in full 7 days after the sale.

The Company is entitled to modify the deposit procedures and pre-registration conditions at its own discretion and without prior notice.

12. TERMS AND CONDITIONS OF SALE

The Company shall have full discretion in:

(i) the way in which the Lots will be described and illustrated in the catalogue or in any additional document;

(ii) the place and manner in which they will be displayed and sold; decisions as to who will be admitted to the sale and auction;

(iii) the presentation of Lots at an exhibition; and

(iv) the use of an expert or a third party.

Any estimate given verbally or in writing is given as an indication only. It constitutes neither a guarantee nor a commitment as to the auction price that the Lots may eventually fetch.

The Seller may not withdraw the Lots from the sale without our prior written consent. The Company may withdraw Lots from the sale, or, at its discretion, postpone the sale until a reasonable date at any time if:

(i) the Company has reasonable doubts as to their ownership, authenticity or provenance, or as to the truth of any representations made;

(ii) the Seller is in breach of any agreement with the Company; or

(iii) the Company has reason to believe that the inclusion of the Lots in the sale could expose the Company or the Seller to legal action or damage their reputation.

If a Lot is withdrawn before the sale, the Company will charge an amount equivalent to 20% of the estimated value of the said Lot.

After the sale, the Seller is liable for all fees and commissions normally due. The Company reserves the right to retain the Lots until any dispute has been resolved if it learns that a third party is claiming ownership of the Lot.

13. RESULTS OF THE AUCTION

If the bidder’s bids are successful, he/she will be informed the day after the sale by e-mail. The results of the sale are available on request. The Company cannot be held responsible for any errors or omissions, whatever the cause. Sellers will await their declaration of payment as confirmation of any sale proceeds.

13.1 Sale after auction

If Lots remain unsold at auction, unless otherwise instructed by the Seller, the Company shall be entitled, as exclusive agent, for a period of two (2) months following the auction to sell these Lots privately at a price that will provide the Seller with a net payment - i.e. after deduction of commissions and costs payable by the Sellerof an amount at least equal to that which would have been paid to the Seller if the Lots had been sold for an amount equal to the reserve price, or for any lower amount to which the Seller has previously agreed. In such cases, the Seller’s obligations

towards the Company and the Buyer in respect of such Lots shall be the same as if they had been sold at auction.

13.2 Unsold Lots

If all or part of the Lots remain unsold, are withdrawn from the sale or are not included in the sale, the Seller must collect them within 10 working days following the day of the sale.

If the Seller does not collect the Lots by the end of this period, the Company will charge storage and insurance costs, and may have to call in a third party to move them, and will only hand over the Lots once it has received full payment of all storage, transport and insurance costs, as well as any other costs that the Company may have incurred.

13.3 Insurance

Unless otherwise agreed, the Company will automatically insure the Lots for amounts corresponding to its estimates. The insurance value is not a guarantee of the amount of the hammer price of the Lots. The Company will deduct its insurance and transport costs from the Seller at their actual cost. The Lot will remain insured for 10 working days following the sale, subject to a possible a relisting at a subsequent auction. If the Lots are not sold, they will then remain at the Seller’s own risk after this period. The Company will not accept any liability in the event of damage to the Lots.

If the Seller has given instructions not to insure the Lots under the conditions indicated above, the Lots will be at the Seller’s risk for as long as the Buyer has not paid for them in full and the Company cannot be held responsible in the event of damage to or loss of the Lots. In the event of a claim or dispute against the Company, the Seller shall pay full indemnity to the Company, on first demand, for all costs incurred in connection with the said claim or dispute, including costs relating to its employees, its agents and the Buyer.

14. PAYMENT OPTIONS AND DUE DATES

The price is payable in euros within seven days of the sale by the Buyer.

Payment for the Lot will be made in full, including all costs and taxes, even if an export licence is required.

On the eighth day after the sale, in the event of late payment, interest at the rate of 1% per month may be added to the amount due, if the Buyer is a professional.

If the Buyer is a private individual, interest at the legal rate will apply. Payments may also be made in foreign currencies with legal tender status if this amount can be converted into Euros on the value date of the payment. To avoid any delay in the release of the Lots, prospective Buyers must provide bank references prior to the auction.

The Buyer must indicate his/her name and invoice number in his/her instructions to the bank. The Buyer is informed that the Company is entitled to refuse payments from any

conditions of business (continued)

person other than the Reference Buyer and that payment of such amounts will be required.

All costs relating to bank transfers shall be borne by the Buyer.

Payments can be made in euros at the time of sale, in cash up to 1000 euros, by credit or debit card, or by bank transfer to:

Beneficiary: Baghera Wines Auction France

13 rue Paul Cabet, 21700 Nuits-Saint-Georges

Bank Address : Société Générale Nuits-Saint-Georges (00754)

9 Grande Rue, 21700 Nuits-Saint-Georges, France

IBAN: FR76 3000 3007 5400 0220 5386 653 — Swift/BIC: SOGEFRPP

The Buyer is advised that transactions should preferably be made by bank transfer. No payment by cheque will be accepted. If the Buyer wishes to pay in cash, he/she should contact the Company’s finance department for advice before proceeding with payment and contact the Company’s accounting department (Mrs. Ching-Hua Hsu, email chinghua@ bagherawines.com) in order to comply with applicable regulations. The Company accepts all major credit cards, American Express (3% fees will apply), Visa and MasterCard (1,7% fees will apply) to pay invoices. (A processing fee will apply). The Buyer at the auction is solely responsible for payment to the Company. The Company will not accept payment for Lots purchased from any party other than the Buyer, unless otherwise agreed between the Buyer and the Company prior to the sale. Lots may only be collected once payment has been made.

Subject to having received payment in full of the hammer price from the Buyer, as well as the buyer’s commission and costs payable by the Buyer, the Company will transfer the amount due to the Seller within 35 working days following the sale, unless it has been notified in the meantime that the Lots are not authentic or do not comply with the guarantees provided for under the terms of these general terms and conditions. In the event of late payment by the Buyer, the Company will transfer the amount due within 7 days of receiving full payment from the Buyer.

15. NON-PAYMENT

In the event of non-payment by the Buyer, after formal notice has remained without effect, the Lot may be reoffered for sale, at the Seller’s request, upon the reiteration of the defaulting Buyer’s bids. The defaulting Buyer will be charged a fixed re-sale fee of 10% of the amount of the order.

If the Seller does not formulate his request within three months of the auction, the sale will be cancelled ipso jure, without prejudice to any damages and interest owed by the defaulting Buyer, who may not take advantage of the cancellation of the sale to avoid his/her obligations.

Notwithstanding the above, the Company expressly reserves the right, at its sole discretion and at the Seller’s expense, to accept special terms of payment of the price, to take steps to store and/or insure the Lots, to initiate or pursue any legal proceedings brought by or against

the Buyer on such terms as the Company considers appropriate, to take all steps necessary to recover the amounts owed by the Buyer and, if possible, to return the Lot to the Seller.

16. COLLECTION AND STORAGE

Please refer to page 350.

All Lots are stored at an address provided by the Company prior to the sale.

All Lots may be collected once confirmation of full payment has been issued to the Buyer by the Company.

17. RIGHT OF RETENTION AND DELIVERY

In order to avoid any error in the auction process, to ensure the payment of invoices and to carry out – if necessary and in accordance with legal and regulatory requirements – the required checks on the Buyer and the identity of the beneficial owner, no Lots may be removed during the sale. The Company is entitled to retain the Lots until all amounts due to the Company have been paid in full or until the Buyer has fulfilled all other obligations which the Company, at its sole discretion, considers to be due, including in respect of compliance with legislation relating to anti-money laundering and the prevention of the financing of terrorism.

In the event that a Buyer fails to meet the requirements of the checks to the satisfaction of the Company, the Company shall have the right to cancel the sale and take any other action as may be necessary or permitted by law. The transport service will take place once payment has been received.

18. NON-COLLECTION OR NON-DELIVERY

In the event that the Buyer, having fulfilled all his/her obligations under the General Terms and Conditions of Sale, does not collect or take delivery of the Lot within thirty (30) days of the auction, the Company may, in agreement with the Seller, and after notifying the Buyer of the cancellation of the sale, reoffer the Lot for sale by auction or privately. The Company reserves the right to invoice the Buyer for all storage, insurance and other costs that may arise, under the conditions set out in Article 16 above, between the date of the auction and the date of the effective cancellation of the sale. The Company reserves the right to retain the lots until all these costs have been paid.

19. FALSE INFORMATION

If the information or documents provided by the Buyer concerning his/her identity or that of the beneficial owner prove to be false, incomplete, ambiguous or insufficient, the Company may, at its sole discretion, cancel the sale and prosecute the fraudster. The Buyer will be responsible for all costs incurred.

20. LIABILITY

When bidding, the bidder assumes personal responsibility for paying the hammer price and any other applicable taxes or charges, unless it has been explicitly agreed in writing with the Company, prior to the auction, that the bidder is acting as an agent for and on behalf of a third party, recognised and accepted by the Company, and that said third party will be solely responsible for payment of the price.

The Company declines all liability in the event of an error in the currency converter. All participants in the sale, in any capacity whatsoever, in particular as bidders, visitors or third parties, are liable for any damage, in particular to the Lots on display.

Unless otherwise agreed, the Company shall be liable to the Seller in the event of total or partial damage to the Lot, even in transit. In all cases, the Company’s liability is limited, prior to the sale, to the amount of the average estimate of the Lot, and, upon the adjudication of the Lot, to the hammer price increased by the costs to be borne by the Buyer. The liability that the Company agrees to assume as indicated above shall take effect upon delivery of the Lot to the Company or upon the dispatch of the Lot by the Seller or his agent, provided that the Lot is packaged and dispatched by a specialised carrier acting on the Company’s instructions. The Company’s liability will cease as from the day of withdrawal of the Lot by the Buyer or, if the Lot is not immediately withdrawn by the Buyer or has not been sold, at the latest at the end of the tenth day following the sale.

21. DATA PROTECTION

In accordance with the provisions of Law no. 78-17 of January 6, 1978, and Regulation (EU) 2016/679 of May 25th, 2018, the Company may request as part of the provision of auction and related services that customers provide personal data. The Company may receive and retain a copy of an identity document issued by a state authority, such as a passport or driving license. We will use your personal data:

(i) to provide auction and related services;

(ii) to enforce these terms and conditions of sale;

(iii) to carry out identity and credit checks;

(iv) to implement and improve the management and operation of our business; and

(v) for other purposes described in our privacy policy published on our website at www. bagherawines.com and available on request by sending an email to Mrs. Julie Carpentier: jcarpentier@bagherawines.com

The Company may pass on personal data to commercial partners, subject to obtaining the customer’s prior consent. If the customer provides the Company with information that is defined by European data protection legislation as "sensitive", this must be expressly accepted by the Buyer when the account is created, or at the time of registration.

As part of these disclosures, personal data collected in the European Economic Area may be disclosed to countries outside the European Economic Area. By accepting these general terms and conditions of sale, the customer consents to this disclosure.

Please read our privacy policy at www.bagherawines.com for full information on personal data and data protection. The Company’s premises may be subject to surveillance and video recording. Telephone calls for the purpose of bidding may also be recorded. We may process this information in accordance with our privacy policy.

22. MISCELLANEOUS

a) Taxes. If taxes are applicable on an amount paid by the Buyer, the latter shall be solely responsible for paying them at the rate and on the date required by the competent administration.

b) Severability provisions. If any provision of this agreement should be held by a court to be invalid, illegal or unenforceable, such provision may be waived without invalidating the remaining provisions.

c) Prohibition of Assignment. The Buyer may not assign any benefit and/or obligation under this agreement with the Company and/or the Seller without our prior written consent.

d) Applicable law and jurisdiction. The general terms and conditions are governed by French law, subject to any more favourable provisions that may apply due to conflict of laws. It is specified that, in accordance with the law, all civil liability claims arising from voluntary sales of furniture by public auction are subject to a limitation period of five years from the date of the auction.

All disputes relating to these conditions and sales will be submitted to the competent Court.

guide for absentee bidders

HOW TO…

If you can not attend the sale in person, Baghera/wines’ Live auction platform may relay your bids and give you the opportunity to live the sale as if you were attending it in person. Feel the atmosphere in the room, follow the auction’s

ABSENTEE BIDS

If you are unable to attend an auction in person, you may give Baghera/wines instructions to bid on your behalf. Our staff members will then try to purchase the lot(s) of your choice for the lowest price possible. Please note this service is free, totally confidential and offered as a convenience to clients who are unable to attend the sale. Although our representative will make every effort, Baghera/ wines will not be responsible for error or failure to execute bids.

excitement and place your bids at your convenience – your bids will be instantly relayed to the auctioneer.

B/Live is accessible from computers and mobile devices, all you need to do is to ensure that your connection is sufficent to

HOW TO… PLACE ABSENTEE BIDS?

In order to place absentee bids, please connect to our website and use the online catalogue bidding plateform.

Your bid form must be placed and sent over to us as soon as possible. In event of identical bids, the earliest received will take precedence. Alternative bids may be indicated by using the word “OR” between lot numbers. As a result, if your bid on an early lot is successful, our representative will not continue to bid on other lots on your behalf, or, if your early bids are unsuccessful, we will continue to execute bids for alternative lots until a bid is successful. It is important that your bids are listed in numerical order (as the lot numbers appear in the catalogue).

BIDDING INCREMENTS

support live video streaming. If not, you will still be able to bid live (without the video) as the current bid and next increment will be visible on the screen.

You will need to register at least 48h prior the sale on www.bagherawines.com

HOW TO… PLACE TELEPHONE BIDS?

If you cannot attend the auction, you can place bids on the telephone. We also recommend that you leave a covering bid which we can execute on your behalf just in case we are unable to reach you by telephone. As the number of telephone lines are limited please make arrangements for this service at least 48 hours before the sale. Please note that Baghera/wines only offers telephone bids in French, English, Spanish, German, Italian and Chinese.

SUCCESSFUL BIDS

Successful bidders will be notified and invoiced within a few hours of the sale.

to ensure registration is complete prior to the sale and confirmed. You will be able to enter the sale and place your bids at your convenience. Please note that credit controls apply on these bids (please refer to page 344).

BUYER’S PREMIUM

The maximum bid price that you indicate in your absentee bid form is the hammer price only. If you are successful on a lot, a buyer’s premium of 22% will be added to the hammer price for each lot you buy. The successful bidder is responsible for any VAT that may arise on the hammer price and the buyer’s premium. VAT charges and refunds depend on the particular circumstances of the buyer. It is the buyer’s responsibility to ascertain and pay all taxes due. Please refer to page 351 of this catalogue.

INFORMATION

Please contact Baghera/wines at +33 (0)3 80 74 03 11 office@bagherawines.com

Bidding generally opens with the low estimate and advances in increments of up to 10% subject to the auctioneer’s discretion. The auctioneer retains the right to call bids at his own discretion but the following will give buyers an indication of the normal bid steps :

€

€

€

€

€

€

€

€

€

discretion

bidder pre-registration form

If you plan to attend the auction in person, please fill out this form and submit it by email to : office@bagherawines.com , or bring it with you to the salesroom to register on the day of the auction. All documents can be found on our website, here : www.bagherawines.com

Please indicate in what capacity you will be bidding (please select one) :

O AS A PRIVATE INDIVIDUAL

Proof of identity in the form of government-issued identification with a photograph and proof of address will be required.

O

ON BEHALF OF A COMPANY

We require a Letter of Authorisation signed by a company director for the noted individual to transact on the company’s behalf and a copy of government-issued identification (such as the certificate of incorporation) to verify the status of the company. This should be accompanied by an official document confirming the company’s EU VAT registration number, if applicable.

INVOICE INFORMATION

FINANCIAL INFORMATION

First time buyers are expected to provide with their credit card information and with their bank details

I agree that all bids are subject to the "Conditions of Business" printed in this catalogue, additional notices or terms printed in the catalogue and supplements to the catalogue posted in the saleroom, and in accordance with the above statements and conditions. I assume all responsibility for payment for the goods purchased under the assigned paddle. If I am acting as an agent, I agree to be personally responsible for all purchases made on behalf of my client(s), unless other arrangements are confirmed in writing prior to each auction.

Signature Date

collection, shipment and storage

STORAGE & COLLECTION

All lots featured in this sale are stored at Château Ducru-Beaucaillou’s cellars until the day after the auction. The wines will then be transferred to JF Hillebrand Blanquefort. Baghera/wines offer complimentary storage at JF Hillebrand Blanquefort storage for 12 weeks after the date of the sale.

Purchased lots will be made available for collection as from July 8th, 2024. Buyers must arrange collection of their purchased lots not later than September 13th, 2024.

Collection from the JF Hillebrand Blanquefort warehouse will be by appointment only and at least 72 hours notice must be given. Property will not be released until payment in full has been received and funds have been cleared. Authority for the release of lots to the Buyer will be a Release Order provided by Baghera/wines. Moreover, it is the policy of JF Hillebrand and Baghera/wines to request proof of identity (the Buyer’s, or that of the Buyer’s authorised representative/shippers, in which case they will require an authorisation letter from the Buyer) on collection of a lot. All Buyers (or shippers) must examine every lot or consignments in the presence of cellar staff at JF Hillebrand prior to collection.

If the Buyer fails to collect a Lot before September 13th, 2024, the Lot will be stored at the Buyer’s expense at JF Hillebrand at a rate of 0,65 Euros (excl. taxes) per case per month (minimum 200 Euros excl. taxes per month) with added 0,04% Euros (excl. taxes) insurance per month on the declared value (minimum 54 Euros excl. taxes per month).

If Buyers invoiced without French VAT for export fail to collect a Lot before September 13th, 2024, the Lot will be shipped and stored at the Buyer’s expense at the Geneva FreePorts. The group shipping costs will be communicated to the Buyers at the time of shipment. Storage costs at the Geneva FreePorts are 10 CHF per case per month with added 0,04% insurance on the declared value. ‘Case’ refers to the original packaging of the Lot of 1 to 12 bottles.

SHIPPING

Please contact directly JF Hillebrand (or Baghera/wines shipping department) for any transport or insurance requests. A detailed shipping quote will be provided.

Shipping will be at the Buyer’s expense, and freight collect must be prepaid. Shipping by commercial means, particularly of older wines, can be risky and it is at the Buyer’s risk. Baghera/wines will not refund any shipment charges under any circumstances. Please contact directly Baghera/wines shipping department for any transport or insurance requests.

For any Buyers outside France, a transit document will be needed to ship the wines. Destination VAT, excise duty, clearance charges and other additional fees shall be borne

by the Buyer and cannot be cancelled or refunded by Baghera/wines. For Buyers within France, excise duty and clearance charges will be charged. VAT is already included in Baghera/wines invoices. Hillebrand may assist you in the shipment process. We strongly recommend using a professional wine carrier.

Extreme temperatures (too hot or too cold) can damage fine wines. If the Buyer chooses to ship during extreme weather conditions, the Buyer assumes all responsibility for possible weather-related damage that may incur during that wine shipment (i.e. pushed-up corks, leakage, etc.) and the Buyer understands that Baghera/wines will not guarantee the condition of any wine transported during periods of extreme heat or extreme cold and will not replace any wine deemed to have incurred temperature related damage in transit.

WINE PACKING

All lots will be delivered in their packaging as described in the catalogue.

If you would prefer an optimum protection of the bottles, JF Hillebrand can provide styrofoam (upon request and estimate and at the Buyer's expense), and the empty original wooden cases will be added to the shipment. All packing and handling is at the Buyer’s risk.

Baghera/wines will not be liable for any acts or omissions of third-party packers or shippers.

TAXATION

The laws of the final destination of shipment determine taxation. It is the Buyer’s responsibility to ensure compliance with applicable tax laws shipments.

IMPORTATION

Wine buyers from outside France should be aware of restrictions imposed by various jurisdictions regarding importation of alcoholic beverages. It is the buyer’s responsibility to obtain any relevant export or import license. The denial of any license cannot justify the cancellation of the sale or any delay in making payment of the total amount due.

NOTE

In all instances, neither Baghera/wines nor the Geneva FreePorts nor JF Hillebrand are responsible for any deterioration, damage, loss or any acts or omission of any shipper, including, without limitation, any packing, shipping, delivery or insurance for purchased lots.

JF HILLEBRAND

22 Rue Antoine de Saint-Exupéry, 33290 Blanquefort, France

Tel: +33 (0)5 56 43 80 85 – Email: lucie.poitou@hillebrandgori.com

Opening hours: Monday – Friday 8:45am to 5:15pm (latest arrival at 4:45pm)

a guide through VAT

INDIVIDUAL IN FRANCE

You are a private individual domiciled in France and your purchases will remain on French soil.

Baghera/wines buyer’s commission of 22% applies to the hammer price. The hammer price and the buyer’s commission will be subject to VAT at 20%.

COMPANY REGISTERED IN FRANCE

You represent a company registered in France and your purchases will remain on French soil.

The VAT number of the invoiced company must be provided to the Baghera/wines accounting department in order to appear on the purchase invoice. Baghera/wines buyer’s commission of 22% applies to the hammer price.

The hammer price and the buyer’s commission will be subject to VAT at 20%.

INDIVIDUAL IN EU

You are a private individual domiciled outside France, in a European Union country, and your purchases will be shipped to this same EU country.

Baghera/wines buyer’s commission of 22% applies to the hammer price. The hammer price and the buyer’s commission will be subject to VAT at 20%.

COMPANY REGISTERED IN EU

You represent a company registered in the European Union, and your purchases will be: shipped to this same EU country:

The VAT number of the invoiced company must be provided to the Baghera/wines accounting department in order to appear on the purchase invoice. Baghera/wines buyer’s commission of 22% applies to the hammer price.

The hammer price and the buyer’s commissions will be VAT-exempt.

Will be exported outside the EU:

VAT-exempt sale may be applied. Baghera/wines buyer’s commission of 22% applies to the hammer price. The hammer price and the buyer’s commission will not be subject to VAT, insofar as the buyer entrusts Hillebrand or Baghera/wines with the transport of his lots. In this case, lots invoiced VAT-exempt must be exported before September 13th, 2024

If the buyer wishes to transport his lots himself or through another transport company, VAT at the rate of 20% will be added to the hammer price and the buyer’s commission. Upon proof of export to a country outside the European Union, these VAT amounts may be reimbursed to the buyer.

INDIVIDUAL OR COMPAGNY REGISTERED OUTSIDE EU

You are a private individual domiciled outside the European Union and your purchases are destined for export outside the EU.

VAT-exempt sale may be applied. Baghera/wines buyer’s commission of 22% applies to the hammer price. The hammer price and the buyer’s commission will not be subject to VAT, insofar as the buyer entrusts Hillebrand or Baghera/wines with the transport of his lots. In this case, lots invoiced VAT-exempt must be exported before

September 13th, 2024

If the buyer wishes to transport his lots himself or through another transport company, VAT at the rate of 20% will be added to the hammer price and the buyer’s commissions. Upon proof of export to a country outside the European Union, these VAT amounts may be reimbursed to the buyer.

credits

— Our very special thanks… —

… to Bruno-Eugène Borie and the Ducru-Beaucaillou team who entrusted us with their beloved bottles, and to the many others, family and friends, whose names are not credited, we thank you for your continuous support.

— Editors —

Michael GANNE, Julie CARPENTIER, V irginie MAISON & C amille BALBOUX

— Art direction & layout —

Olivia BOUËT-WILLAUMEZ

&

Vanessa PARIS & Clotilde CHEVALIER

— Photographer — Vincent GELLY

— Artwork — Olivia BOUËT-WILLAUMEZ

— Catalogue production team — Stellio CAILLAT, M arnick LUCAS, C yril PACROT & D avid SEGUIN ( D eux -P onts M anufacture d’ H istoires )

— Printers — Deux-Ponts M anufacture d’Histoires ( 38 320 Bresson)

Printed in March 2024 on Munken Pure (Arctic Paper), Blocker (Gmund) and Symbol Tatami white (Fedrigoni).

All rights reserved ~ 2024

© Baghera Wines Auction France SAS. Déclaration au Conseil des Ventes n° 245-2023.

13 rue Paul Cabet, 21700 Nuits-Saint-Georges, France — phone : + 33 (0)3 80 74 03 11 — email : office@bagherawines.com bagherawines.com