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WINE Auctions

THE SAKURA COLLECTION || FINE & RARE WINES & SPIRITS REALIZES OVER HIGH ESTIMATE AT HK$85.69M / US$11.06M AND 99% SOLD

Written by Aksel Ritenis

THE SAKURA COLLECTION || FINE & RARE WINES & SPIRITS REALIZES OVER HIGH ESTIMATE AT HK$85.69M / US$11.06M AND 99% SOLD

Hong Kong, 5 June 2018 – This highly-anticipated two-day auction realized HK$85,694,346/ US$11,057,335 featuring The Sakura Collection, one of the greatest single-owner cellars to hit the auction block in 2018 as well as our Fine and Rare Wines & Spirits featuring An Offering Direct from the Antinori Family Cellars and the Private Library of Domaine de la Pousse d’Or.

Regional and international absentee bids were at an all-time high, as were telephone and internet bids. Many international fine wine collectors flew in to Hong Kong to bid aggressively in the packed room in Cuisine Cuisine in the hopes of winning some gems from The Sakura Collection.

New record prices for Burgundy, Bordeaux and Italian wines were set, particularly DRC, Henri Jayer, Leroy, d’Auvenay, Roumier, Petrus and blue-chip Bordeaux.

 

WORLD RECORDS for six very rare magnums of DRC Assortment Case 2005 (1.5L) realized HK$1.05M (US$134,903), exceeding its pre-sale high estimate and three magnums of Henri Jayer Vosne Romanée Cros Parantoux 1996 (1.5L) exceeded its pre-sale high estimate, realizing at HK$799,500 (US$103,161). 6-pack OWC of DRC Romanée-Conti 2002 (750ML) realized HK$861,000 (US$111,097), exceeding its pre-sale high estimate. Cult Italian wine Masseto saw very aggressive bidding and most lots, particularly magnums and double magnums hammered at or very near their pre-sale high estimates.

The Private Library of Domaine de la Pousse d’Or was 100% sold and realized HK$1,006,140 exceeding its pre-sale high estimate of HK$632,000. The highly coveted and only commercially available methuselah of Volnay En Caillerets Clos de 60 Ouvrees Pousse d’Or 1964 realised HK$79,950 against its pre-sale estimate of HK$36,000.

Not surprisingly, An Offering Direct from the Antinori Family knocked it out of the park, realizing HK$1.3M against pre-sale estimates of HK$734,400 – HK$1,112,100. With 40 of the 70 lots selling well above the high estimate, Zachys saw feverish bidding from across the globe, including China and Indonesia to Mexico,Texas and California. Rarely before seen 6L and 12L bottles of Tignanello achieved more than 3 times their pre-sale estimates, with the 12Ls of Solaia and Tignanello 2012 realizing a colossal HK$46,930 and HK$29,640 respectively.

The debut release of 2015 Solaia, which received a perfect 100-point rating from James Suckling, also exceeded all expectations at HK$74,100 (against a pre-sale estimate of HK$26,000) and setting the market price at over HK$4,115 per bottle. A very rare 6L of 2015 Solaia nearly tripled the estimate, realizing HK$34,580 against a pre-sale estimate of HK$12,000.

Clients also vied for the lesser seen but equally iconic wines from the Antinori family, such as Guado al Tasso, Matarocchio and Cervaro della Sala. A mixed lot of Cervaro della Sala 1999 sold for HK$9,880 against a pre-sale estimate of HK$3,800, while Guado al Tasso 2007 and 2008 doubled their pre-sale estimates bringing in a total HK$14,820 each against pre-sale estimates of HK$7,000.

Jeff Zacharia, President of Zachys commented:

These tremendous results round up the Spring Season at Zachys as we continue to lead this strong fine wine market for DRC, rare Burgundies and ex-Domaine offerings. Mark your calendars so you do not miss out on our next Zachys auctions, Fine & Rare Wines on 8 September in Hong Kong and 13 & 14 September in New York!”

 

World record prices according to WineMarketJournal.com.

Price Realized Lot Qty Description Size HKD

Price Realized USD

181 1 Assortment Case Domaine de la Romanee Conti 2005 1500ml $1,045,500

$134,903

114 6 Romanee Conti Domaine de la Romanee Conti 2002 750ml $861,000

$111,097

207 3 Vosne Romanee Cros Parantoux Henri Jayer 1996 1500ml $799,500

$103,161

778 1 Richebourg Henri Jayer 1985 1500ml $565,800

$73,006

110 3 Romanee Conti Domaine de la Romanee Conti 1999 750ml $541,200

$69,832

180 1 Assortment Case Domaine de la Romanee Conti 1999 750ml $516,600

$66,658

119 1 Romanee Conti Domaine de la Romanee Conti 2010 1500ml $492,000

$63,484

273 12 Richebourg Domaine Leroy 2013 750ml $492,000

$63,484

205 6 Vosne Romanee Cros Parantoux Henri Jayer 1993 750ml $467,400

$60,310

275 12 Romanee St Vivant Domaine Leroy 2013 750ml $467,400

$60,310

About Zachys

Zachys is a third-generation family-owned business based in Scarsdale, New York, whose holdings include Zachys wine auctions in the U.S. and in Hong Kong, Zachys Wine and Liquor and New York Fine Wine Storage.

Zachys Wine Auctions, Inc.
Tel +1.914.448.3026 • +852.2530.1971
Fax +1.914.313.2350 • +852.3014.3838
Email auction@zachys.comasia@zachys.comzachys.com/auctions

About the author

Aksel Ritenis

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