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News
Christie’s makes record sale in Hong Kong
Christie’s auction in Hong Kong last Saturday was its most valuable sale in the region since it returned one year ago.
It also highlighted a broadening a taste in fine wine in the East, with notable sales successes including 50 case lots of Château La Mission Haut-Brion 1995 and 1998, each selling for over £65,000.
The total sold was 27% more than this time last year, amounting to £3,126,989.
Aside from the Haut-Brion, impressive sales also included a lot of Domaine de la Romanée-Conti 1999, which fetched more than £110,000; six bottles of Mouton-Rothschild, and a 12 bottle case of Pétrus, which each realised over £35,000.
“At over US$5 million, this sale marks Christie’s most valuable sale of wine in Hong Kong since we returned to the region a year ago – and a notable 27% increase over our Fall 2008 total,” said David Elswood, international head of wine for Christie’s.
“The results show a growing sophistication of the market and a collector base that is becoming evermore discerning and rapidly learning how to select wines that are truly rare and are worth competing for,” he added.
Patrick Schmitt, 03.12.2009