AUCTIONS WINE & SPIRIT Auctions

RESULTS/HONG KONG /13 JULY 2020  FINEST & RAREST WINES AND SPIRITS ACHIEVED HK$42,076,250 / US$5,455,374

RESULTS/HONG KONG /13 JULY 2020  FINEST & RAREST WINES AND SPIRITS

ACHIEVED HK$42,076,250 / US$5,455,374

Over 99% Sold By Lot And By Value
Sale Totals Achieved Almost 1.5 Times Over Pre-Auction Low Estimate

Excellent Prices Realised for Burgundy and Bordeaux Bottles

Christie’s Auction Debut of Japanese Sake 100% Sold

Hong Kong – On 12 July, Finest and Rarest Wines and Spirits auction totaled HK$42,076,250/US$5,455,374, with 99.3% sold by lot and 99.6% sold by value. The crowded saleroom attracted heated bidding from wine enthusiasts from 10 countries across 3 continents via all sale channels, with 28% of buyers from Christie’s LiveTM.

Michelle Chan, Head of Wine, Christie’s Asia Pacific, commented:

“As Christie’s first live wine auction of the year, we are delighted to witness very strong market response, with the sale totals achieved representing an increase of 50% from last season. We are also excited to see superb results fetched in the selection of Burgundy and Bordeaux vintages, Scottish and Japanese Single-Malt Whiskies, and the white-glove debut sale of Juyondai premium sake at Christie’s. Vigourous bidding in room and worldwide via our online platform fully reflected the global appeal of our thoughtfully curated sale which presented the most coveted wines in the market. We look forward to seeing this momentum continue in the upcoming online-only sale (16 – 31 July) and live auctions in Geneva (21 July) and London (28 July).”

Sale Highlights:

* Large formats wines such as both DRC Romanée-Conti 1990 and La Tâche 1995 in jeroboam, and Mouton 2000 in imperial warmly received by Asian buyers   Almost all Scottish and Japanese

* Single-Malt Whiskies found buyers, with the sale total for the group achieving 154% over its pre-auction low estimate

* The auction debut of Juyondai premium sake 100% sold, with the sale total realizing 168% over its pre-sale low estimate

Other top performing lots:

KARUIZAWA SAMURAI COLLECTION AND CABINET

10 bottles (700ml) per lot
Price Realised: HK$625,000/ US$81,034

DOMAINE DE LA ROMANEE-CONTI, ROMANÉE-CONTI 1996

4 bottles per lot

Price Realised: HK$562,500/ US$72,931

DOMAINE D’ AUVENAY,

CHEVALIER MONTRACHET 1996

9 bottles per lot

Price Realised: HK$475,000/ US$61,586

THE MACALLAN MILLENNIUM DECANTER

50 YEAR OLD 1949

1 bottle (700ml) per lot

Price Realised: HK$437,500/ US$56,724

About Christie’s

Christie’s, the world’s leading art business, had auction sales in 2019 that totaled £4.5 billion / $5.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

Alongside regular sales online, Christie’s has a global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price – see Section D of the Conditions of Sale at the back of the sale catalogue.
*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.

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