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25 May 2019

RESULTS | Christie’s Finest and Rarest Wines and Spirits Spring Auctions 2019 Totaled HK$58,017,250 /US$7,438,109

85% by lot | 91% by valueTHE FIRST CHRISTIE’S WHISKY AUCTION IN HONG KONG SELLS 100%
Wines & Spirits
Hong Kong APAC 25 May 2019

Hong Kong – On 24th and 25th May, Christie’s Finest & Rarest Wines and Spirits Featuring Prestigious Collections & Exceptional Whisky auctions totaled HK$58,017,250/US$7,438,109 with an exceptional sell-through rate of 85% by lot and 91% by value. The sales attracted global interest from over 20 countries across four continents and welcomed new registrants. A total of 15% of the 1717 lots saw online activity, the highest, since we are holding wine auctions in Hong Kong. The sale, which offered 1717 lots took 20 hours – a record for any Christie’s wine sale in Hong Kong.

Christie’s first sale dedicated to whisky in Asia was 100% sold, achieving HK$3,898,750 /US$499,840 against its low estimate of HK$1.9 million, with lot 5477, composed of 10 bottles of Macallan Single Malt Vertical 1960-1969, selling for HK$525,000/ US$67,308 and becoming the top lot of the sale followed in third position by lot 5496 - Karuizawa Geisha collection 1999-2000 (5 bottles) realizing HK$475,000 / US$60,898.

The overall Top Lot of the 2-day sale was lot 6505 two Magnums of Domaine de la Romanée-Conti, 1999, Grand Cru, Cote des Nuits, which realized HK$875,000/US$112,180. Also, on offer were six prestigious private collections of exceptional wines from Bordeaux, Burgundy, Rhône, Australia, Champagne, Italy, California, Chile, Madeira and Germany. Each of these collections achieved strong results.

 

Tim Triptree MW, International Director & Specialist, Wine Department, commented “The stellar results achieved in our first whisky auction in Hong Kong – selling 100% - as well as for the superlative Bordeaux and Burgundy vintages and rare bottles from the world’s iconic Estates and regions, embody our successful curatorial strategies in offering the most sought-after and finest wines in Asia. We look forward to continuing this strong momentum in our auctions on 5th & 6th June in London.”

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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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