Christie's Finest & Rarest Wines Including a Collaboration with Grapes for Humanity Totals $1,558,313
Domaine de la Romanée-Conti, Assortment 1996
12 bottles per lot
Price Realized: $81,250
Los Angeles – Christie’s online sale Finest & Rarest Wines Including a Collaboration with Grapes for Humanity Global Charity Foundation totaled $1,558,313, with 99% sold by lot and 125% hammer above low estimate. The sale attracted 27% first-time registrants and five auction records were set throughout the sale.
The top lot of the sale was a Domaine de la Romanée-Conti, Assortment 1996 (lot 164), which sold for $81,250. Other notable results were achieved for rare Burgundy wines, including a mixed set including 12 bottles of Domaine Leroy 1996 (lot 168), which achieved $47,500 and four bottles of Domaine Leroy, Clos de Vougeot 2002 (lot 170), which realized $21,250.
Unique lots donated as part of a charitable collaboration with Grapes for Humanity Global Foundation also achieved notable results and were 100% sold by lot. Proceeds from these lots will support projects aimed at mitigating the impact of climate change specific to the wine community.
Chris Munro, Head of Department, Wine and Spirits, Christie’s Americas, commented: “Following our successful wine sale in January, our second online auction out of Los Angeles continues to demonstrate the strength of the fine wine market. We were delighted to collaborate with the Grapes for Humanity Global Foundation and help raise $71,450 to fund projects affected by climate change. Bidders from around the globe fought to secure some of the fantastic experiences donated by wine producers committed to this worthwhile cause. Elsewhere in the sale prices for the wines Domaine de la Romanée-Conti continue to surge as a rare Assortment 1996 made $81,250 (estimate $40,000-60,000) and three bottles of Romanée-Saint-Vivant 1996 sold for $11,250 (estimate $6,000-9,000). We now look forward to our next sale to be held in Hong Kong on April 13, Iconic Wines from Joseph Lau and our next online auction in Los Angeles that opens on April 19.”
Arlene Willis, Founder and CEO, Grapes for Humanity Global, commented: “We are thrilled with the response to the auction and know that the funds raised will be a significant first step toward addressing the daunting challenge of climate change within the wine industry. Christie’s has been a game-changing partner, and we look forward to continuing to work together to address this existential challenge.”
Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).
Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. Christie’s has sold 8 of the 10 most important single-owner collections in history, including the Paul G. Allen Collection—the most valuable collection ever offered at auction (November 2022). In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019).
Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.
Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats.
Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability by reducing our carbon emissions by 50% and pledging to be net zero by 2030, and actively using its platform in the art world to amplify under-represented voices and support positive change.
Browse, bid, discover, and join us for the best of art and luxury at: www.christies.com or by downloading Christie’s apps. The COVID-related re-opening status of our global locations is available here.