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  • Press release
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  • Hong Kong
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  • For immediate release
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  • 23 November 2019

RESULTS | Christie's Fine and Rare Wines and Spirits Autumn Auctions 2019 Totaled HK$28,919,750 / US$3,714,595

84% by lot | 89% by value

STRONG PERFORMANCE CONTINUES IN THE FINE WINE MARKET WITH STELLAR RESULTS FOR BURGUNDY, BORDEAUX AND WHISKY MARKETS

Hong Kong – On 23rd November, Christie’s Fine & Rare Wines and Spirits Featuring an Exceptional Private Collection and a Collection of Century Old Madeira auction totaled HK$28,919,750 /US$3,714,595, and achieved an excellent overall sell-through rate of 84% by lot and 89% by value. The sale attracted global interest from over 13 countries across 4 continents and attracted new registrants to Christie’s.

Domaine de la Romanée-Conti led the sale, contributing the top two lots.  Romanée-Conti Grand Cru 1999, an exceptionally rare six-bottle case of Burgundy, was the top lot of the sale, achieving a total of HK$937,500/US$120,417. This was followed by Romanée-Conti Grand Cru 1989, which realised a total of HK$750,000/US$96,334. Rounding out the top 3 lots was Château Mouton Rothschild 1945, one of the finest and rarest Bordeaux, which realized a final hammer price of HK$625,000/US$80,278.

The spirits section of the auction was led by the Karuizawa “Aqua of Life” 50 Year Old, which sold above its high estimate, for HK$525,000/US$67,434, and was the fourth top lot of the sale. Also offered at the sale was a magnificent private collection of the finest Mosel wines from Egon Müller and JJ Prüm, including the legendary 1975, 1976 and 1983 vintages, as well as a selection of the best and rarest Madeiras dating back to 1801, which also held strong appeal for collectors from around the globe.

Tim Triptree MW, International Director & Specialist, Wine Department, commented “The fantastic results achieved demonstrate the continued strong demand for outstanding vintages from the worlds top wine Estates. The exceptional result realised for Domaine de la Romanée-Conti Grand Cru 1999 indicates that the finest Burgundy continue to attract the attention of wine connoisseurs and collectors. Japanese whiskies remain highly coveted, as we saw from the stellar sale result for the Karuizawa “Aqua of Life” 50 Year old. Overall, we have seen sustained purchase activity, and we hope to see this encouraging momentum carried forward to our Fine & Rare Wines Sale in London on November 28th – 29th, and also our Finest and Rarest Wines & Spirits Sale in New York on December 13th “ .

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.