The Hospices de Nuits Wine auction takes place on Sunday 10 March
So here's your last chance to join us in a Partner's consortium to buy a barrel

As you know, every year since 2013 Elden has bought one or more barrels at the annual charity wine auctions at the Hospices de Beaune and the Hospices de Nuits.

We will be present at the Hospices de Nuits auction for the 2023 vintage THIS COMING SUNDAY, and hope to snag something great.

And you can join us!

The 2023 vintage is superlative in every sense. Burgundy is buzzing with the excitement of a great vintage and decent volumes. A vintage not to be missed. And the prestige of the famous Hospices de Nuits makes the wine all the more valuable, desirable and collectible.

We will be shooting for a Nuits St Georges premier cru. And we are looking to buy a barrel which will be raised by our good friend Pascal Marchand at Marchand-Tawse in Nuits St Georges itself. So it could not be in better hands!  

I am putting together a group of partners who would like to be part of this purchase.

Join us!
Here's how.

Prices vary depending on the appellation, of course, but we have been able to get some remarkable premier cru wines these past few years in the 15- 20,000 EURO range (hammer price) for a 228 liter barrel.

In this price range, we are buying wines that will eventually retail for $190 -$220 a bottle, making the cost to you extremely interesting.

But that's just part of it.  

You get something priceless and rare.
You get the thrill of taking part in a Burgundy tradition, of participating in one of the great events in the world of wine.

Here's a quick description of how we structure the 'consortium'.

We would have 5 members, with Elden taking a 6th part for its services.

1 BARREL.  Maximum price to be determined by the members, but in our experience, 20,000 EUR is a sweet spot in the current market
Approximate budget: 20000 euro hammer price
Additional costs include commission to the auction house, the barrel itself, and the services of Marchand-Tawse to raise, bottle and prepare for shipping
Bringing the total to around 27500 EURO
So a partner's share will be $6000 EURO
Count 288 bottles per barrel, divided 6 ways, each partner gets 48 bottles.

Elden will cover the cost of shipping to our west coast warehouse. Onward ground shipment to you and state sales tax is additional, and cost will depend on where you will take delivery.

The wine is usually shipped 15 months after the purchase.  

Join us!  It's a great Burgundian tradition, a great cause...and great fun!