HONG KONG, 27 November 2023 – Sotheby’s two-day sale of the first tranche of wines from the legendary cellar of visionary epicurean and aesthete Pierre Chen concluded this weekend in Hong Kong, having realised HK$131 million / US$16.8 million. The sale was the first in a series of offerings from Mr Chen’s legendary collection, with further sales to be staged in various cities around the globe. The remarkable quality, breadth and rarity of this extraordinary cellar drew a response from collectors from around the world, with the results already ranking high among the top records for any wine offering at auction.
The strong results for The Epicurean’s Atlas mark the end of a week global Wines and Spirits sales at Sotheby’s which have together totaled HK$392 million / US$50 million – the highest total ever achieved for a single week of sales of wines and spirits at any auction house. (See below.)
Pierre Chen said: “When I first decided to offer wines from my collection, it was with the aim of sharing them with the widest possible community of wine collectors and enthusiasts around the world – something this sale has admirably achieved – in order that they too could share and enjoy them as I do. I truly believe in the exceptional value of these wines, which I know will endure – and continue to grow over time.”
Nick Pegna, Global Head of Sotheby’s Wine & Spirits, said: “What an honour to bring to the market this first offering of very special wines from the most outstanding of private cellars, and what a thrill to see both established and new collectors out in force, their enthusiasm for the offering evident in the strength of their bids.”