• Press release
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  • Hong Kong
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  • For immediate release
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  • 27 May 2017

RESULTS: Fine and Rare Wines Spring Auction in Hong Kong Totaled HK$50,845,585/ US$6,557,620

Hong Kong – On the 26th and 27th of May, Christie’s Fine and Rare Wines Spring Sale realised a total of HK$50,845,585/US$6,557,620, with over 90% sold by value in this two-day sale.

SALE RESULTS – AN EXCEPTIONAL PRIVATE COLLECTION DIRECT FROM OCTAVIAN VAULTS

Date: 26 May

Total: HK$18,489,660 /US$2,385,170

88.22% by Lot, 94.52% by Value

The top lot of the sale was 6 bottles of Domaine de la Romanée-Conti, Romanée-Conti 2006, realizing HK$796,250 /US$102,716, and groups of vintage Salon Champagne also achieved fantasic results, fetching almost HK$30,000 per lot.

SALE RESULTS – AN OUTSTANDING COLLECTION OF A WINE LOVER & A SINGLE OWNER COLLECTION

Date: 27 May

Total: HK$32,355,925 /US$4,172,450

89.85% by Lot, with 93.61% by Value

The top lot of the sale was a group of 12 bottles of Château Cheval-Blanc 1947, achieving HK$1,592,500 /US$205,360.

Simon Tam, Head of Wine Asia, commented: “Not surprisingly, this year’s comprehensive selection of Bordeaux and Burgundy, as well as the particularly rare Champagne vintages from Dom Pérignon, drew dynamic bidding from both avid collectors and new buyers. We are delighted with the strong participation of both international and local clients, with our Asian buyers at the forefront. As shown by the exceptional strong sell-through rates, Hong Kong has proven once again to be the central hub for the world’s most exceptional and sought-after wines.”

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 Salvador Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn2022), for a single charitable collection sale (the Collection of Peggy and David Rockefeller, 2018), 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 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.