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On Saturday, March 16, The Henry Tang Collection sale at Christie's Hong Kong totaled HK$48,052,488/US$6,222,797, and was sold 100% by lot and 100% by value. Featuring a large variety of Burgundy producers with vintages ranging from 1949 to 2010, this two-day auction was led by 6 magnums of Romanée Conti - Vintage 1995 from Domaine de la Romanée-Conti (DRC), selling for HK$1,210,000 (US$156,695). There was also a wide spectrum of lesser-known producers such as Simon Bize, Leroy, Mommessin, Etienne Sauzet, Anne Gros, Lamarche, Ponsot and Mugnier, all of which achieved a total result that exceeded its own combined high estimate by 60%. Meanwhile, this auction marked the first time in wine auctions worldwide where Prooftag Bubble Seal™ technology is used, which protects and promotes the provenance of fine wine.
Simon Tam, Head of Wine for Christie's China, said, “This single-owner collection sale was comprised of 71 Burgundy producers, many of which were unsung heroes that we wanted to introduce to Asian collectors. By bringing these lesser-known names into the market's radar, the auction helped grow a strong current of the discovery of hidden gems. We look forward to staging more wine sales that share such feature, to broaden the collectors' vision and to create a nurturing atmosphere for the growth of up-and-coming wine producers.