Tuesday, December 15, 2009

Sotheby's To Hold the First Hong Kong Wine Auction of 201023 January, 2010


Sotheby's is pleased to announce today that the fourth part of the Classic Cellar from A Great American Collector will be offered at Sotheby's Hong Kong on 23 January, 2010 in Victoria and Chater Rooms, 2/F Mandarin Oriental, Hong Kong, making it the first Hong Kong wine auction of 2010 as well as the first stand-alone wine sale staged at Sotheby's Hong Kong. Being the most valuable wine collection ever offered at auction by Sotheby's, the fourth part of which will include 840 lots and is expected to raise US$3.6-5.2 million (HK$28.5-40.8 million)*. It follows the hugely successful sales held in Asia in April and October 2009 which saw Hong Kong join London and New York as leading centres for wine auctions. Indeed, it was with the second part of this collection that Sotheby's started regular wine sales in Hong Kong in April 2009. All three previous sales of wine from this collection have sold above the high estimates.

Serena Sutcliffe MW, Worldwide Head of Wine at Sotheby's said: "We are honoured to return to Hong Kong with another fabulous selection from this Great American Collector. This is becoming the greatest wine collection that Sotheby's has ever sold - it is like a string of perfect pearls, chosen for their individual beauty and for the splendor of the ensemble. It would be easy to say that all these wines are hand-picked for their excellence and temptation rating but, in fact, the wines choose themselves since this whole, breathtaking collection is desirable. If there were a classification of wine cellars, this would be in its own category.

Patti Wong, Chairman of Sotheby's Asia, continued, "We begin 2010 with an exciting addition to our regular biannual series of auctions in Hong Kong in April and October. Such has been the enthusiasm, excitement, demand and growth in our wine sales that we have expanded our programme and will be holding additional wine auctions, alongside those scheduled for our regular series. We will be serving lunch to all registered bidders and, appropriately for this great collection which features so many large format bottles, we will also be pouring Haut Brion 1998, Leoville Lascases 1996 and Lynch Bages 2000 out of 6L imperials, naturally all of which come directly from this cellar – we hope to see many clients at the sale, but if anyone cannot make it, they can always join in the action by bidding live online."




AUCTION HIGHLIGHTS

The sale features all of the very best Bordeaux Châteaux in a range of vintages and formats:

More than 59 lots of Château Pétrus from 1975-2005 including:
2 cases of 1989 estimated at HK$160/240,000 (US$20/30,000) per case
3 cases of 1990 estimated at HK$160/240,000 (US$20/30,000) per case
7 cases of 1995 estimated at HK$80/120,000 (US$10/15,000) per case
2 cases of 1998 estimated at HK$140/220,000 (US$18/27,500) per case
1 case of 2000 estimated at HK$140/200,000 (US$18/25,000) per case
More than 80 lots of Château Lafite from 1982-2006 including:
1 1982 imperial (6 liter) estimated at HK$140/200,000 (US$18/25,000)
24 1986 half bottles estimated at HK$70/95,000 (US$9/12,000) per 24 bts
1 1996 imperial (6 liter) estimated at HK$55/80,000 (US$7/10,000) per case
4 cases of 1996 estimated at HK$70/95,000 (US$9/12,000) per case
3 cases of 2000 estimated at HK$95,000-160,000 (US$12/20,000) per
case
3 cases of 2003 estimated at HK$46/70,000 (US$6/9,000) per case

More than 65 lots of Château Latour from 1961-2006 including:
1 jero (4.5 liter) of 1961 estimated at HK$200/280,000 (US$25/35,000) per case
2 cases of 1982 estimated at HK$140/200,000 (US$18/25,000) per case
10 cases of 1990 estimated at HK$38/55,000 (US$5/7,000) per case
More than 126 lots of Château Mouton Rothschild from 1975-2006 including:
6 cases of 1982 estimated at HK$80/120,000 (US$10/15,000) per case
4 lots of 6 1982 magnums estimated at HK$95/150,000 (US$12/20,000) per case
8 cases of 1986 estimated at HK$55/80,000 (US$7/10,000) per case
5 imperials (6 liter) of 1989 estimated at HK$30/42,000 (US$3,750/5,500) per case
5 imperials (6 liter) of 1990 estimated at HK$16/24,000 (US$2/3,000) per case
7 cases of 2000 estimated at HK$65/95,000 (US$8/12,000) per case
More than 78 lots of Château Margaux from 1982-2008 including:
6 cases of 1995 estimated at HK$28/38,000 (US$3,500/5,000) per case
More than 69 lots of Château Haut Brion from 1959-2006 including:
3 cases of 1982 estimated at HK$60/85,000 (US$8/11,000) per case
5 cases of 1989 estimated at HK$85/140,000 (US$11/18,000) per case
6 cases of 1995 estimated at HK$26/32,000 (US $3,250/4,250) per case
More than 70 lots of Château Cheval Blanc from 1982-2006 including:
4 cases of 1982 estimated at HK$70/95,000 (US$9/12,000) per case
8 cases of 2000 estimated at HK$55/80,000 (US$7/10,000) per case

Source:wines-info.com/

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