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The Hospices de Beaune or Hôtel-Dieu de Beaune is a former charitable almshouse in ... The auction was organised by Christie's from 2005 to 2020 and Sotheby's since ...
Although Beaune is lacking a Grand cru vineyard in the commune, it is the hub of the region's wine business, as most of Burgundy's major négociants are here. Beaune is renowned for its annual charity wine auction on behalf of the Hospices de Beaune. It is on the route des Grands Crus tourist trail among the vineyards.
Beaune is also the centre of the Burgundy wine business, with most of the largest négociants located in the town, as well as the Hospices de Beaune, which annually holds a charity wine auction. Premiers crus
The Hospices de Beaune is a charity based in the town, consisting of the Hôtel-Dieu Hospital and the Hospices de la Charité. The Hospices are funded by their endowment of 55ha of vineyards on the Côte d'Or, and the auction of their wines on the third Sunday in November sets a benchmark for prices for that vintage.
Christie's Auction House sold billionaire Jaqui Safra prized collection of Albert Einstein's "Love Letters" at "fire sale" prices to boost profits, court papers allege.
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Hospices exist to provide comfort to people who doctors determine are at the end of their lives, with six months or less to live. The paramount objective, according to the National Hospice and Palliative Care Organization, a trade association, is to make patients comfortable, with a focus “on enhancing the quality of remaining life.”
An example of such auctions is the annual wine auction held by Hospices de Beaune in Burgundy, where Burgundy wines from vineyards donated to the Hospices de Beaune are auctioned off by the barrel, and often bought by négociants who bottle and sell the wines to the consumer market.
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