WINE Auctions Wine Investment

Fine & Rare Wines Spring Auctions 2018 Totalled HK $4 5,323,163-Cellars of the Historic Domaine Comte Georges de Vogüé  & Collection Direct from Masseto 

Written by Aksel Ritenis

Christie’s Fine&Rare Wines Spring Auctions 2018

Totalled HK $45,323,163 / US$5,803,974

The Cellars of the Historic Domaine Comte Georges de Vogüé  &  Collection Direct from Masseto 

Both 100% Sold by Lot & by Value!

Hong Kong – Fine & Rare Wines auctions unveiled Christie’s Hong Kong Spring Auctions Week with totals HK$45,323,163/ US$5,803,974 over a two-day sale on 25th & 26th May.

Achieving a 100% sell-through sale was the Cellars of the Historic Domaine Comte Georges de Vogüé on 25 May, which fetched a total of HK$21,078,575/ US$2,699,271.

Top lot of the auction was COMTE GEORGES DE VOGÜ É , MUSIGNY BLANC 1990, 12 BOTTLES PER LOT (illustrated left), realizing HK$367,500/US$47,061. On 26 May, the sale of Masseto and a Collection of Château Lafleur and other Guinaudeau Family Estate Wines totalled HK$24,244,588/ US$3,104,703.

Notable highlights include wines that were especially released from Masseto in original wooden cases and they were 100% sold. The top lot of this auction was HENRI JAYER, VOSNE-ROMANÉ E CROS PARANTOUX 1985, 3 BOTTLES PER LOT, which realized HK$588,000/ US$75,298.

Edwin Vos, Head of Wine Sales, Christie’s Continental Europe, commented,:

“We are very proud that our incredible offering of ex-domaine wines with wonderful provenance has once again generated high interest among extremely knowledgeable wine lovers from Asia and beyond.”

Simon Tam, Head of Wine Asia, further commented,

Christie’s is the only auction house in Hong Kong that offered two single ex-domaine collections in the market. For the first time ever, we presented the largest offering of the extremely rare Musigny Blanc which realized a very high sell-through rate. We are also very pleased that Burgundy, which has always been one of our core strengths, continued its stellar performance. In addition, we demonstrated our market leadership with the impressive sale of an extensive Library Release of Masseto and Premier Preview Masseto 2015 in various formats. The collection of Château Lafleur and other Guinaudeau Family Estate Wines also performed exceedingly well, which further proves our strength in presenting the very best vintage wines to connoisseurs in Asia.”

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About Christie’s, the world’s leading art business, had global auction, private and digital sales in 2017 that totalled £5.1 billion / $6.6 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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Aksel Ritenis

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