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31 May 2017

Lee Bingle

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RESULTS: Fine and Rare Wines Spring Auction in Hong Kong Totaled HK$50,845,585/ US$6,557,620

Hong Kong APAC 31 May 2017

Hong Kong – On the 26th and 27th of May, Christie’s Fine and Rare Wines Spring Sale realised a total of HK$50,845,585/US$6,557,620, with over 90% sold by value in this two-day sale.

SALE RESULTS – AN EXCEPTIONAL PRIVATE COLLECTION DIRECT FROM OCTAVIAN VAULTS

Date: 26 May

Total: HK$18,489,660 /US$2,385,170

88.22% by Lot, 94.52% by Value

The top lot of the sale was 6 bottles of Domaine de la Romanée-Conti, Romanée-Conti 2006, realizing HK$796,250 /US$102,716, and groups of vintage Salon Champagne also achieved fantasic results, fetching almost HK$30,000 per lot.

SALE RESULTS – AN OUTSTANDING COLLECTION OF A WINE LOVER & A SINGLE OWNER COLLECTION

Date: 27 May

Total: HK$32,355,925 /US$4,172,450

89.85% by Lot, with 93.61% by Value

The top lot of the sale was a group of 12 bottles of Château Cheval-Blanc 1947, achieving HK$1,592,500 /US$205,360.

Simon Tam, Head of Wine Asia, commented: “Not surprisingly, this year’s comprehensive selection of Bordeaux and Burgundy, as well as the particularly rare Champagne vintages from Dom Pérignon, drew dynamic bidding from both avid collectors and new buyers. We are delighted with the strong participation of both international and local clients, with our Asian buyers at the forefront. As shown by the exceptional strong sell-through rates, Hong Kong has proven once again to be the central hub for the world’s most exceptional and sought-after wines.”

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.