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  • Hong Kong
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  • 22 May 2022

Christie’s Hong Kong Spring Auctions Commenced with

The Visionary's Spectacular Cellar Live Auction
100% Sold with Historical Sale Total of HK$131,898,875

Highest Ever Total for the Category and Most Valuable Single-owner Wine Collection Ever Sold At Christie's

4 auctioneers welcoming bids from worldwide wine lovers over the 11-hour long live auction on 21 May

Hong Kong – Christie’s 2022 Hong Kong Spring Auctions kicked off with the white-glove live auction of The Visionary’s Spectacular Cellar which realised HK$131,898,875/ US$16,884,784, the highest ever total for the category, and the most valuable single-owner wine collection ever sold at Christie’s, globally. The 11-hour long sale witnessed worldwide participation from 11 countries across 3 continents, with almost 40% of lots sold via Christie’s LiveTM. Part ll of the Cellar will be offered in an online auction to be held from 23 May – 8 June, and proceeds of these two sales will be donated to London Business School to support its commitment to deliver an impact on the way the world does business and the way business impacts the world.

Adam Bilbey, Global Head of Wine and Spirits, Christie’s, commented, “We are delighted to witness today, wine collectors across the globe sharing the same passion for the very finest wines amassed by this visionary collector for over two decades. Their enthusiastic participation not only established a historic sale total for the category at Christie’s, but also opened new chapters in the journeys of these iconic bottles. To have had the opportunity to partner with this friend and wine lover on their collecting journey is an absolute honour. We look forward to contributing further support to London Business School through the online auction of this magnificent single-owner collection, which opens for bidding on 23 May and closes on 8 June. The sale season then continues in London with a historic offering of Finest and Rarest Wines and Spirits: Featuring Generations of Jayer, Burgundy from the Historic Cellars of King's College, Cambridge. We then land in Los Angeles with Fine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold. It truly is an exciting time for wine at Christie’s!”

The Visionary Collector remarked, “I am very humbled and privileged that so many wine lovers from around the world took the time to explore and appreciate my wine collecting journey, made possible by Christie’s expertise and international network. The collecting community’s excitement and recognition of the quality and provenance of my fine wine collection now extends beyond Christie’s saleroom and is transformed into generous support towards London Business School, which has been most inspiring for so many students, staff, executives, and alumni like myself. A toast to everyone who joined us today to make an impact on the world!”

Sale Highlights:

Top lot of the sale was Lot 5407, Domaine de la Romanée-Conti, Romanée-Conti 1999, 12 bottles per lot, sold for HK$3,000,000/ US$384,039 against its pre-sale low estimate of HK$1,800,000/ US$230,424

Demand for DRC remained robust, fetching a total hammer price of 120% of low estimate. Large formats were particularly desired, and top-performing lots include:Lot 5407Domaine de la Romanée-Conti, Romanée-Conti 199912 bottles per lotPrice realised: HK$3,000,000/ US$384,039

Demand for DRC remained robust, fetching a total hammer price of 120% of low estimate. Large formats were particularly desired, and top-performing lots include:

Lot 5407
Domaine de la Romanée-Conti, Romanée-Conti 1999
12 bottles per lot
Price realised: HK$3,000,000/ US$384,039

The mature Bordeaux commanded solid prices, with large formats sparking competitive bidding. Notable highlights include:Lot 5179Château Cheval-Blanc 19472 magnums per lotPrice realised: HK$600,000/ US$76,808

The mature Bordeaux commanded solid prices, with large formats sparking competitive bidding. Notable highlights include:

Lot 5179
Château Cheval-Blanc 1947
2 magnums per lot
Price realised: HK$600,000/ US$76,808

Domaine Armand Rousseau, Petrus and Henri Jayer bottles were coveted by collectors, achieving a total hammer price of 136%, 128%, and 120% of low estimates respectively. Highlight lots include:Lot 5485Henri Jayer,Vosne-Romanée Cros Parantoux 200012 bottles per lotPrice realised: HK$1,375,000/ US$176,018

Domaine Armand Rousseau, Petrus and Henri Jayer bottles were coveted by collectors, achieving a total hammer price of 136%, 128%, and 120% of low estimates respectively. Highlight lots include:

Lot 5485
Henri Jayer,
Vosne-Romanée Cros Parantoux 2000
12 bottles per lot
Price realised: HK$1,375,000/ US$176,018

Domaine Armand Rousseau, Petrus and Henri Jayer bottles were coveted by collectors, achieving a total hammer price of 136%, 128%, and 120% of low estimates respectively. Highlight lots include:Lot 5303Domaine Armand Rousseau,Chambertin 19966 magnums per lotPrice realised: HK$625,000/ US$80,008

Domaine Armand Rousseau, Petrus and Henri Jayer bottles were coveted by collectors, achieving a total hammer price of 136%, 128%, and 120% of low estimates respectively. Highlight lots include:

Lot 5303
Domaine Armand Rousseau,
Chambertin 1996
6 magnums per lot
Price realised: HK$625,000/ US$80,008

Domaine Armand Rousseau, Petrus and Henri Jayer bottles were coveted by collectors, achieving a total hammer price of 136%, 128%, and 120% of low estimates respectively. Highlight lots include:

Lot 5219
Petrus 1970
12 bottles per lot
Price realised: HK$375,000/ US$48,005

White Burgundy continued to be among the top-notch favourites of wine lovers. Featured lots of this category include:Lot 5691Domaine Leflaive, Montrachet 19963 magnums per lotPrice realised: HK$750,000/ US$96,010

White Burgundy continued to be among the top-notch favourites of wine lovers. Featured lots of this category include:

Lot 5691
Domaine Leflaive, Montrachet 1996
3 magnums per lot
Price realised: HK$750,000/ US$96,010

Rounding out the sale was a diverse selection of Champagne which commanded impressive prices. Highlights of the champagne selection include:Lot 5805Salon Le Mesnil Blanc de Blancs 198512 bottles per lotPrice realised: HK$175,000/ US$22,402

Rounding out the sale was a diverse selection of Champagne which commanded impressive prices. Highlights of the champagne selection include:

Lot 5805
Salon Le Mesnil Blanc de Blancs 1985
12 bottles per lot
Price realised: HK$175,000/ US$22,402

Christie’s Hong Kong’s wine live auction series continues from 22 – 23 May with The Ultimate Private Collection Featuring The Greatest Burgundies Part ll at the Hong Kong Convention and Exhibition Centre.

Notes to Editors

Auctions:
Location: Hong Kong Convention and Exhibition Centre, No. 1 Harbour Road, Hong Kong
22 – 23 May | Live Auctions | The Ultimate Private Collection Featuring The Greatest Burgundies Part ll
23 May – 8 June | Online Auction | The Visionary’s Spectacular Cellar Part ll

About Christie’s

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. 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 is also recognised as a reference for prestigious single owner collections, having auctioned 8 of the 10 most important collections in history.

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 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 through net zero carbon emissions 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.