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22 June 2023

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CHRISTIE’S LONDON CONCLUDES THE OUTSTANDING THREE-PART SINGLE-OWNER SALE: THE TWO CONTINENTS COLLECTION 

THE PRIVATE CELLAR OF IRWIN KOTOVSKY WITH A COMBINED TOTAL OF £2,473,394 / $3,114,267
Wines & Spirits
London EMEA 22 June 2023
CHRISTIE’S LONDON CONCLUDES THE OUTSTANDING THREE-PART SINGLE-OWNER SALE: THE TWO CONTINENTS COLLECTION 

LONDON – On 21 and 22 June, Christie’s London concluded the outstanding single-owner collection of wines and spirits by celebrated collector Irwin Kotovsky with The Two Continents Collection: The Private Cellar of Irwin Kotovsky Online: Part II and The Two Continents Collection: The Private Spirits Collection of Irwin Kotovsky Online: Part III, achieving a combined total of £1,389,976 / $1,770,830. This follows part I of the auction in April 2023 in Los Angeles, bringing the combined total for this extraordinary three-part collection to £2,473,394 / $3,114,267.

The Two Continents Collection: The Private Cellar of Irwin Kotovsky, Part II featured over 500 lots and represented the world’s most sought-after wines, attracting global participation with bidders and buyers from 19 countries. The sale was 98% sold by lot, and 36% of new registrants to the sale were millennials. The top lot of the spectacular collection were three bottles of Mixed Barbeito Madeira 1802-1915 which sold for £20,000 / $24,860 surpassing its estimate of £6,000-8,000. Another leading highlight was 12 bottles of Petrus 1983 which sold for £17,500 / $21,753.

Other notable results were achieved for a rarely seen 1955 vintage bottle of champagne from the world-renowned Clos de Goisses vineyard, which sold for £3,250 / $4,040. Rare vintages of Chevalier Montrachet sold for £11,250 / $13,984 (six bottles per lot), surpassing its estimate of £6,000-8,000.

The Two Continents Collection: The Private Spirits Collection of Irwin Kotovsky Online: Part III showcased one of the finest collections of rare spirits to come to market. Highlight lots of the sale included a bottle of Napoleon Maison de L’Empereur Palais de Compiegne 1802 which realised £20,000 / $24,860, ten times its estimate of £2,000-3,000, alongside a bottle of Cave Maxim’s Reserve Napoleon which sold for £17,500 / $21,753. Five bottles of Mixed J Bally Rhum (1950-1966) achieved £11,875 / $14,761.

An additional important section of the sale was one of the largest private collections of Chartreuse ever to appear at Christie’s. Two impressive bottles of Chartreuse Jaune Tarragone sold for £10,000 / $12,430, surpassing its estimate of £4,000-6,000.

Christopher Munro, VP, Head of Wine & Spirits Department, Americas and Noah May, Head of Wine & Spirits Department, EMEA: “The Private Spirits Collection Of Irwin Kotovsky Online sale was the final chapter of The Two Continents Collection, which achieved £2,473,394 / $3,114,267 globally. Part III was 100% sold by lot and 100% by value. These stellar results are testament to Irwin Kotovsky’s decades of connoisseurship and passion in the world of fine and rare wines and spirits. This was one of the most compelling collections we’ve encountered in recent years, with a scope ranging from mature vintages of Krug and Salon, to ancient Madeiras and Napoleonic Cognacs. Collectors responded with an enthusiasm which speaks to the collection’s singular qualities, our clients’ eye for quality and the collaboration of the Christie’s Global team.”

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* 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.

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