Hong Kong - Christie's sale of Fine and Rare Wines: Featuring an Important European cellar on Saturday, 16 June 2012 totaled HK$ 16,794,437/ US$ 2,164,371 and was 93% sold by lot and 92% sold by value

Hong Kong

Fine and Rare Wines: Featuring an Important European Cellar

Hong Kong – 16 June 2012 (Saturday) – Sale no: 2904 Top Ten

[All sold prices include buyer’s premium]

 

Sold:   HK$ 16,794,437

US$ 2,164,371

£ 1,395,014

1,713,473

Lots Sold: 280 

Lots Offered:  301

Sold by Lot:  93%

Sold by Value:  92%

Exchange Rate: HK$1 = US 0.1289/£ 0.0831/€ 0.1020

 

 

Lot

Description

Estimate (HK$)

Purchase Price

Buyer

300-301

Romanée-Conti – Vintage 1988

Domaine de la Romanée Conti

 

12 bottles

750,000 - 1,000,000

HK$ 907,500

US$ 116,977

£ 75,413

€ 92,565

Asian Private

299

Pétrus – Vintage 1982

Pomerol, cru exceptionnnel. Château-bottled

 

12 bottles

400,000 - 500,000

HK$ 508,200

US$ 65,507

£ 42,231

€ 51,836

Asian Private

281

DRC Assortment – Vintage 1990

Domaine de la Romanée Conti

 

12 bottles

320,000 - 480,000

HK$ 387,200

US$ 49,910

£ 32,176

€ 39,494

Asian Private

83

Château  Lafite-Rothschild–Vintage 1982

Pauillac, 1er cru classé. Château-bottled

 

12 bottles

350,000 - 480,000

HK$ 363,000

US$ 46,791

£ 30,165

€ 37,026

European Trade

277

DRC Assortment – Vintage 1996

Domaine de la Romanee Conti

 

12 bottles

200,000 - 280,000

HK$ 338,800

US$ 43,671

£ 28,154

€ 34,558

Asian Private

218

Pétrus – Vintage 2005

Pomerol, cru exceptionnel. Château-bottled

 

12 bottles

280,000 - 400,000

HK$ 290,400

US$ 37,433

£ 24,132

€ 29,621

Asian Trade

226

Pétrus – Vintage 1989

Pomerol, cru exceptionnel. Château-bottled

 

12 bottles

240,000 - 320,000

HK$ 266,200

US$ 34,313

£ 22,121

€ 27,152

Asian Private

274

DRC Assortment – Vintage 1999

Domaine de la Romanee Conti

 

12 bottles

300,000 - 400,000

HK$ 266,200

US$ 34,313

£ 22,121

€ 27,152

European Trade

95

Château Latour – Vintage 1982

Pauillac, 1er cru classé. Château-bottled

 

12 bottles

170,000 - 260,000

HK$ 217,800

US$ 28,074

£ 18,099

€22,216

Asian Private

276

DRC Assortment – Vintage 1997

Domaine de la Romanee Conti

 

12 bottles

140,000 - 190,000

HK$ 205,700

US$ 26,515

£ 17,094

€20,981

Asian Private

 

 

 

Hong Kong – Christie’s sale of Fine and Rare Wines: Featuring an Important European Cellar on Saturday, 16 June 2012 totaled HK$ 16,794,437/ US$ 2,164,371 and was 93% sold by lot and 92% sold by value.

Charles Curtis MW, Head of Wine for Christie’s Asia commented, “The Fine and Rare Wines Hong Kong Sale on 16 June showed the vigor of the fine wine market in Asia, with lively interest from around the region well into June.  Confirming recent trends, there was competitive bidding for Burgundy, for white wine and for Bordeaux’s “Super Second” growths, and ever stronger results for Italian and Napa Valley wine.  Buyers eagerly snapped up both older vintages and large format bottles, again showing that collections here are broadening. We are pleased with this strong finish to the spring sales season and look forward to an exciting sale to open the fall season on 8 September in Hong Kong.”

Simon Tam, Head of Wine for Christie’s China added, “Our 16 June sale shows that wine knowledge in Greater China is growing rapidly. Burgundy, particularly DRC are clear favorites at the moment.  We see that not only buyers from Beijing are becoming increasingly sophisticated, but rather wine knowledge and appreciation are also permeating into China’s second tier cities, reflecting the increasingly diverse origins of our Chinese bidders.” 

Images of select top lots as well as images from the auction hall can be downloaded here:

http://cshk.myftp.org/2012%20Spring%20Christie's%20Hong%20Kong%20Auctions/June2012WineSale/Results/

To view the full auction results:

http://www.christies.com/lotfinder/searchresults.aspx?intSaleid=24046&viewType=list

 

Press Contacts

Luyang Jiang (Hong Kong)                   +852 2978 9919        ljiang@christies.com

Belinda Chen (Beijing)                         +86 10 6500 6517    bchen@christies.com

 

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