Sotheby’s Hong Kong Sale of Finest and Wines

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SOTHEBY’S Hong Kong holds its first 2012 wine auction 14 January 2012. Finest and Rarest Wines including The Bordeaux Winebank Collection, fetching HK$44,058,350 / US$5,648,506.  The top lot of the auction is a case of Romanée Conti 1990 which sold for HK$1,837,500 / US$235,577 per case (Est.HK$1 – 1.5 million / US$130,000 – 190,000).
Robert Sleigh, Head of Sotheby’s Wine, Asia, commented after the sale: “Burgundy, Champagne and Californian wines continued to perform very strongly, along with mature Bordeaux. Commodity Bordeaux from younger vintages, that are still available in larger parcels, received less demand, which reflects the significant volumes of these wines that have been sold in the last two years, along with historic price increases.”
Serena Sutcliffe, M.W., International Head of Sotheby’s Wine, said: “The three thrilling Magnums of Veuve Clicquot Champagne, 1921, 1929 and 1947, came direct from their cellars in Reims especially for this auction were highlights of the sale. They were bought by a Mainland Chinese Champagne connoisseur.”
Highlights of the Sale*:

Burgundy

Romanée Conti 1990, Domaine de la Romanée Conti

Sold for HK$1,837,500 / US$235,577 per case
Est.HK$1 – 1.5 million / US$130,000 – 190,000
Romanée Conti 1988, Domaine de la Romanée Conti

Sold for HK$1,163,750 / US$149,199 per case
Est. HK$750,000 – 1 million / US$95,000 – 130,000
La Romanée 2005

Sold for HK$104,125 / US$13,349 per case
Estimate: HK$24,000 – 34,000 / US$3,000 – 4,500
Champagne

Veuve Clicquot, Brut 1921 (Magnum)

Sold for HK$67,375 / US$8,638
Estimate: HK$36,000 – $60,000 / US$5,000 – $7,500
Veuve Clicquot, Brut 1929 (Magnum)

Sold for HK$91,875 / US$11,779
Estimate: HK$36,000 – $60,000 / US$5,000 – $7,500
Veuve Clicquot, Brut 1947 (Magnum)

Sold for HK$79,625 / US$10,208
Estimate: HK$36,000 – $60,000 / US$5,000 – $7,500
Bordeaux

Château Lafite 1982

Sold for HK$490,000 / US$62,821 per case
Est. HK$300,000 – 420,000 / US$40,000 – 55,000
Château Pétrus 1982

Sold for HK$441,000 / US$56,538 per case
Est.HK$300,000 – 400,000 / US$37,500 – 50,000
Château Pétrus 2000

Sold for HK$392,000 / US$50,256 per case
Est. HK$340,000 – 500,000 / US$42,500 – 65,000
Château Pétrus 2005

Sold for HK$367,500 / US$47,115 per case
Est. HK$340,000 – $480,000 / US$42,500 – $60,000
*Pre-sale estimates do not include buyer’s premium