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31 July 2020

Jennifer Cuminale

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Results | The Benjamin Ichinose Collection of Fine and Rare Wines totaled $2,340,800 with 76 Auction Records

Wines & Spirits
New York Americas 31 July 2020

Results - Christie’s New York Wine Department’s single owner online-sale The Benjamin Ichinose Collection of Fine and Rare Wines, (July 16-31) totalled $2,340,800, the highest total ever achieved for an online wine sale at Christie’s, with 98% sold by lot, 100% sold by value, and 229% hammer above low estimate. There was global participation with registered bidders from 27 countries and 34% first-time registrants. Throughout the sale there were 76 world auction records set.

The top lot of the sale was a jeroboam of Domaine de la Romanée-Conti, Romanée-Conti 1970, which achieved $75,000. Notable results also included 6 bottles of de Vogüé, Cuvée Vieilles Vignes Musigny 1971, which realized $43,750 against a low estimate of $9,000; a bottle of Petrus 1961 that achieved over three times its low estimate selling for $18,750; a magnum of Château Mouton-Rothschild 1929; which sold for four times its low estimate achieving $16,250; and two bottles of Château Haut-Brion 1929, which realized over four times the low estimate selling for $17,500. There were strong results throughout the sale recognizing Christie’s ability to reach buyers for all categories, from rare Burgundy to Bordeaux and also Port, Madeira and the Mosel. We were particularly pleased with the exceptional prices for one of the greatest offerings of mature wines from California ever to appear at auction.

Chris Munro, Head of Department, Americas Fine Wine & Spirits, remarks, This collection represented one of those rare opportunities to acquire great wines from an impeccable source, and our clients responded with enthusiasm. Well cellared, bought with strict guidance from importers and producers from a hugely knowledgeable and loved collector, we are delighted to report that nearly every bottle offered from this impeccable collection found a new home. The exceptionally strong results, including a number of world record prices, witnessed in this sale demonstrates the success of Christie’s Online platform’s ability to showcase important collections to the broadest possible global audience. This tremendous sale result is a fitting tribute to one of the wine world’s greatest collectors.”

Bartholomew Broadbent, CEO, Broadbent Selections, notes, "The trusted alliance between Christie’s and the Ichinose family began shortly after my father, Michael Broadbent, founded the wine department in 1966. Ben Ichinose began buying in the early days of Christie’s wine auctions and a lifelong, now two generational, family friendship ensued. Buying and collecting the greatest imaginable wines, many from Christie’s which have re-appeared in today’s sale, the Ichinose cellar was the last of the surviving great iconic American cellars. The two men died within a year of each other but I cannot express how delighted my father was when I told him that Ben’s daughter, Louise, had entrusted Christie’s with the enormous responsibility of taking the pride and joy of her father’s valuable collection to auction. This multi-record breaking sale demonstrates that Christie’s is still at the forefront of the world of wine auctions, as it has been since 1966, and the legacy of my father’s career continues."

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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