The Romanée-Conti is the most famous (and titular) vineyard in the Domaine de la Romanée-Conti, one of the world's great wine estates.

Buyers will have a chance to buy a bottle (actually, the lot generously includes two) of this famous wine for themselves at an upcoming Christie's auction. Link:

LE GAVROCHE PART II: THE WINE CELLAR: Lot 71, Domaine de la Romanée-Conti, Romanée-Conti 2007

The pre-auction estimate is GBP 20,000 - GBP 30,000 (i.e. roughly $25K - $37K in USD). This market resolves YES if the final sale price listed on the Phillips website is >$40,000 USD.

Resolution details

• Example from a past auction: these bottles of Domaine Armand Rousseau, Chambertin 2015 list "Price realised HKD 275,000". This is the equivalent number I will use.

• This final listed sale price will likely include a buyer's premium.

• If the lot is withdrawn before the auction, or it fails to sell, this market resolves NO. It only resolves YES with a listed sale price during this auction of >$40,000.

• The sale price will likely be reported in GBP. If Phillips directly reports a USD price, I will use that, otherwise I will use the Yahoo currency converter on the day I resolve the market.

  • For reference, at the time of market creation, it would take >31,894 GBP to surpass $40,000 USD.

Wine details

Wine from the vineyard is among the most sought after, and expensive, in the world. In October 2010, 77 bottles sold for a total of US$750,609 (about US$9,748 each) at auction.... On 13 October 2018, at Sotheby's of New York, a single bottle of Romanée-Conti 1945 from the cellar of Robert Drouhin sold for $558,000. (Wikipedia)

In the title, I call it pinot noir, because as far as I know that's the grape varietal implied by this vineyard. However, I don't see that actually confirmed anywhere in the auction, FWIW.

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