Wine

In 2008 Christie’s International Wine Department reported a global total of $50,665,602/₤32,702,441/€41,080,927, the third highest annual total on record. With an unrivalled network of international sale centers that now spans across three continents with the recommencement of Asia sales this year, the 2008 figure sets the department firmly at the front of the international wine auction market. The global total includes private sales of $1,898,068/₤1,224,560/€1,542,849.

Twenty-five sales were held in Europe totaling $27,660,514/₤17,845,493/€22,483,928, with London reporting 10% auction sales growth over 2007. The top lot of the year was a 20 case superlot of 1986 Château Mouton-Rothschild that sold at London King Street in May for ₤112,700. European auctions in 2008 saw the continued success and growth of the Hospices de Beaune sale with Christie’s LIVE™ real-time Internet bidding, and in London, a September auction focused solely on the famed Bordeaux 2000 vintage. The first wine sale ever devoted to a single bottled vintage, the auction totaled ₤1,654,775 and was 98% sold by value.

Christie’s Americas held 12 sales in 2008 totaling $17,038,644/₤10,992,674/€13,849,910. The top lot of the year was sold in Los Angeles in October, six bottles of 1961 Hermitage La Chappelle that realized $60,000, sourced directly from the Jaboulet cellar.

The November wine auction, which opened Christie’s Autumn 2008 Hong Kong sales season, totaled $4,068,376/₤2,639,714/€3,204,240, with 94% of all lots selling, and 60% of those above their pre-sale high estimates. The sale presented an exceptional range of wines, including 127 lots sourced directly from Château Latour which were 98% sold. Plans are now underway for two major wine auctions at the Christie’s Asia auction hub in 2009.

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Also see: Wine Events & Tastings | Wine eCatalogues | Wine Features

Upcoming Sales from this department

  • Sep 2009 10 10:30am

    King Street

    Wine

  • Sep 2009 12 10am

    Rockefeller Center

    Fine and Rare Wines

  • Sep 2009 22 10:30am & 2:30pm

    Paris

    Vins Fins et Spiritueux

  • Sep 2009 23 10:30am & 2:30pm

    Paris

    Vins Fins et Spiritueux

  • Oct 2009 7 10:30am & 2pm

    Amsterdam

    Fine and Rare Wines from a Remarkable Private Collection

  • Oct 2009 13 2pm

    Rockefeller Center

    Wine

  • Nov 2009 1 10:30am & 2pm

    Amsterdam

    Fine Wine and Vintage Port

  • Nov 2009 5 10:30am

    King Street

    Wine

  • Nov 2009 15 2:30pm

    Beaune

    149ème Vente des Vins des Hospices de Beaune

  • Nov 2009 15 2:30pm

    Paris

    149ème Vente des Vins des Hospices de Beaune

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