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Auction update: Lamy’s Rising Star

One of the emerging forces in white Burgundy, Domaine Hubert Lamy is waving the flag for previously lesser-regarded appellations such as Saint-Aubin.

In 2023, wines from Burgundy represented more than 40% of the value generated in iDealwine auctions, firmly cementing the region’s status as the most valuable place of origin for wine sold on the company’s website. Burgundy provided all 50 of the highest-priced bottles sold on the site last year.

Sixty-five percent of the Burgundy sold on iDealwine in 2023 was red, including iconic producers such as Domaine Leroy, Domaine d’Auvenay and Georges Roumier. However, an impressive list of whites went under the hammer as well, Domaine d’Auvenay and Domaine de la Romanée-Conti, each attracting bids of over €10,000 for a single 750ml bottle.

In a region filled with icons, rising stars often provide the most excitement for the future. This includes the likes of Hubert Lamy, which saw a bottle of Criots-Bâtard-Montrachet Grand Cru Haute Densité 2017 sell for €2,754 in November.

Over the past few decades, Domaine Hubert Lamy has cemented itself as one of the best producers in Saint-Aubin. Although the estate’s popularity is recent, the family’s winemaking history is quite extensive. By the time that Hubert Lamy began his own operation in 1973, his family had already been making Burgundy wines for over three centuries. However, before Hubert took over, the family’s vineyards were primarily located in regional appellations like Bourgogne Aligoté and Bourgogne Passetoutgrains. One of his first strategic decisions was to fundamentally change the geographical footprint of his family’s operation. He set out to purchase land on valuable premier cru and village plots in the area, having substantially increased his holdings by the end of the 1990s.

Additionally, he dramatically changed the viticultural makeup of his plantings, which had historically favoured Pinot Noir.

Hubert felt that many of the Pinot plots would be better-suited to Chardonnay and, for this reason, he had much of the land replanted. Today, Chardonnay represents 80% of the estate’s production.

FATHER AND SON

Continuing his family’s centuries-long tradition of winemaking, Hubert’s son Olivier joined the winery in 1995. Having studied both business and winemaking beforehand, Olivier was able to bring fresh new perspectives to the estate, including his interest in high-density planting and larger-sized barrels. In 2022, following his father ’s death, Olivier took over ownership of the estate.

Today, the estate owns 18.5 hectares of vines, which are spread across several appellations, including Saint-Aubin, Puligny-Montrachet, Chassagne-Montrachet and Santenay. Its 1,200sq m production facility allows the family to produce about 110,000 bottles per year.

All wines are produced in the same facility, which features separate cellars for red and white wines. Only 30% of production is destined for France, while the other 70% is sent to export markets including Japan, the UK and the US.

 

DRAMATIC VARIATION

Wines from Domaine Hubert Lamy can vary dramatically in price. For example, recent vintages of the estate’s Saint-Aubin 1er Cru, Chassagne-Montrachet 1er Cru and Santenay 1er Cru can sell for around €100, while its various Haute Densité cuvées can be north of €2,000.

Two particularly impressive cuvées outside the Haute Densité line are Saint-Aubin 1er Cru Derrière chez Edouard and Saint-Aubin 1er Cru Les Murgers des Dents. The latter peaked at €237.88 last year for a 750ml bottle sold in August, while a 2020 bottle of Saint-Aubin 1er Cru Derrière chez Edouard went under the hammer for €588.40 in November.

In 2023, the highest-priced bottle of Hubert Lamy on iDealwine was a Criots-Bâtard-Montrachet Grand Cru Haute Densité 2017, which sold for €2,754, the eighth-highest price attained by a bottle of white Burgundy in all 2023 iDealwine auctions. As the name suggests, Haute Densité (high density in English) refers to the number of vines per hectare. In the high-density Criots-Bâtard-Montrachet plot, Hubert Lamy has planted 24,000 vines per hectare, compared to the producer ’s non-highdensity plot in Saint-Aubin, with only 14,000 vines per hectare.

The idea behind high-density planting is that, with more competition in the vineyard, the vines will grow deeper roots in order to survive. The depth of their roots adds to the resultant minerality, while the scarcity of resources leads to smaller grapes, the sugar content and flavour profile of which is more intense. In addition to its high-density planting in Criots-Bâtard-Montrachet, the estate also maintains high-density plots in Saint-Aubin and Puligny-Montrachet, both of which have around 30,000 vines per hectare.

In conclusion, while some of the highest-priced Burgundy wines at auction remain classic, iconic names, the region continues to prove that it does not lack dynamism. Producers like Hubert Lamy have pushed the envelope in appellations (Saint-Aubin) historically considered weaker than their peers.

For example, the average price for a bottle of Saint-Aubin wine, regardless of producer, in 2023 iDealwine auctions was €115, while Hubert Lamy’s Haute Densité expression sells for well over €1,000. Additionally, the wide range of prices paid for Domaine Hubert Lamy wines allows for wine enthusiasts to experience a rising star at a reasonable cost, before saving up for its the expensive Haute Densité cuvées.

auction update – in association with

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• Founded in 2000, iDealwine is France’s top wine auctioneer and leading online wine auction house worldwide.

• Fine Spirits Auction (FSA) is iDealwine’s dedicated spirits platform, launched in partnership with La Maison du Whisky, a French specialist in high-end spirits since 1956. Seven auctions of the finest whisky, rum, Cognac and more take place annually.

• Based in Paris, and with offices in Bordeaux and Hong Kong, iDealwine sources rare bottles from European cellars, private collections and direct from producers before meticulously authenticating and shipping to enthusiasts, collectors and trade customers worldwide.

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• If you are keen to sell your wines or spirits, then check out iDealwine’s current auctions, sales and price estimates at www.idealwine.com or at FineSpirits.Auction

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