Over $12 Million In Sales At Sotheby’s Hong Kong Wine Auction

Held as a two day event, The Sotheby’s October wine auction took place in Hong Kong October 1st-2nd.
Rare Imperials of Chateau Lafite, Latour and Cheval Blanc and Jeroboams of Mouton and Haut Brion were up for grabs, as well as a selection of Lafite from the Rothschild’s private cellars, raking in sales totaling $12.7 million
Auction highlights included the sale of 12 bottles of 1990 Chateau Petrus at $43,436, the six-liter Imperials of Chateau Lafite Rothschild from 2000 which sold for $20,167 and 12 bottles of 1988 Domaine de la Romanée Conti for a whopping $116,346.

New York-based Sotheby’s said its first day sale, the eighth part of the long-running Classic Cellar of a Great American Collector, sold all bottles, fetching a total of $3.5 million, just under Sotheby’s highest pre-auction estimate of $4 million. The second day of the auction raised $9.2 million from the sale of the Finest & Rarest Wines, including The Ultimate Nine from The Bordeaux Winebank Collection.
Source: artdaily.org
Hong Kong is expanding its palette as the city in the lead for chief fine wine buyers, spending $200 million at auctions in the first half of 2011. The numbers of 2011 nearly double the amount for the same period last year, which is leaving auction houses such as Christie’s and Sotheby’s more t...
Hong Kong is expanding its palette as the city in the lead for chief fine wine buyers, spending $200 million at auctions in the first half of 2011. The numbers of 2011 nearly double the amount for the same period last year, which is leaving auction houses such as Christie’s and Sotheby’s more t...
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A 300-bottle collection of Chateau Lafite-Rothschild, spanning every year from 1981 to 2005, was the top lot in a two-day Hong Kong auction that raised HK$59.5 million ($7.6 million).
Hong Kong has gained the reputation as the third-largest art auction center in the world, behind New York and London respectively.