Acker Merrall Condit November Auction Analysis: $9.4M Total and 100% Sell-Through

Market Pulse

The Acker Merrall Condit auction concluded on November 21, 2025, realizing a total of $9,417,348. Every one of the 1,837 lots offered found a buyer, resulting in a 100% sell-through rate. The average bottle price for the event stood at $1,902.72. Compared to the provider's recent activity between February and October 2025, this sale was significantly larger in scale. The total lots and sale total both exceeded the median of recent auctions by approximately 63%. This indicates a substantial volume of inventory successfully absorbed by the market in a single event.

Record and Breakout Lots

The sale established 221 new price records, with performance spikes observed across Champagne, Burgundy, and the Rhône. A notable highlight was the 2000 Dom Perignon Vintage Champagne P2, which reached $1,583.33 per bottle. This result sits 237% above the median of the last five transactions and well above the previous recent maximum of $1,013.62. Similarly, Italian benchmarks showed strength, exemplified by the 1978 Barolo Monfortino Riserva by G. Conterno, which realized $5,250.00, more than doubling its recent five-transaction median of $2,493.81.

Estimate Performance

While specific percentage data for performance against estimates was unavailable for this session, the price histogram reveals that the highest concentration of lots fell within the $250 to $2,500 range. Specifically, 1,356 lots sold between $250 and $5,000, representing the core volume of the auction. The high-end segment was also active, with 43 lots selling for prices exceeding $10,000.

Spotlight: Louis Roederer Vintage Champagne Cristal 2000

The 2000 Louis Roederer Vintage Champagne Cristal saw a significant outlier price of $937.50 per bottle in a 1500ml format. This represents a 172% deviation from the recent five-transaction median of $344.26. Looking at the one-year history across major auction houses, this vintage typically traded between $234 and $343 throughout 2024 and mid-2025. The current result is a record high for the period, contrasting with a large 12-bottle lot sold in the same auction that realized a more standard $291.67 per bottle. This suggests that format and lot sizing may have influenced the premium achieved for the larger bottle.

Spotlight: Chateau Mouton Rothschild 1990

Chateau Mouton Rothschild 1990 achieved a bottle price of $1,000.00 in a 3000ml format. This result sits at the top of the recent trading range, which has seen prices as low as $205.68 over the last year. The median price for the last five transactions was $394.88. Multiple 12-bottle cases in this same sale realized prices between $416.67 and $520.83, illustrating that while the 1990 vintage remains a staple of the secondary market, larger formats are currently commanding significant premiums over standard 750ml bottles.

Spotlight: Chateauneuf du Pape Chateau Rayas 2000

The 2000 vintage of Chateauneuf du Pape Chateau Rayas reached $1,500.00 per bottle in this session. This is a notable increase from the five-transaction median of $641.61. Data from the past 12 months shows a steady presence for this wine at other major houses, with prices generally fluctuating between $802 and $1,135 earlier in 2025. The current $1,500 result represents a 133% deviation from the recent median, marking it as one of the standout performers in the Rhône category for this auction.

Outlook

The consistent 100% sell-through rate across more than 1,800 lots suggests a high level of buyer engagement and effective lotting. The prevalence of new records in both mature vintages like 1990 and millennial vintages like 2000 indicates broad demand across different collection stages. While individual records were set, the bulk of the market remains centered in the $500 to $2,500 per bottle bracket, providing a stable foundation for upcoming year-end sales.