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25 November 2018

Lee BINGLE

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RESULTS | Christie’s Fine and Rare Wines Autumn Auction Sale Total: HK$38,599,628/US$4,954,499

Wines & Spirits
Hong Kong APAC 25 November 2018

88% by lot│95% by value

100% SOLD FOR:

  • collection of Century Old Madeira

  • VINTAGE GERMAN WINES from KLOSTER EBERBACH & Van Volxem

  • South african wines led by Vilafonté Series ''M'' 2007 at HK$13,475/US$1,730, highest price achieved at auction

Hong Kong – on 24 November Christie’s Fine and Rare Wines auction totaled HK$38,599,628/US$4,954,499 with an exceptional sell-through rate of 88% by lot and 95% by value. The heated saleroom attracted strong participation from 9 countries across 3 continents, achieving 100% sold for the collection of century old Madeira, vintages from Kloster Eberbach and Van Volxem, and South African wines.

Notable results include the top lot of South African wines, Vilafonté Series ''M'' 2007 (6 bottles per lot, HK$13,475/US$1,730 against its low estimate of HK$3,000/US$385, shown left) which achieved the highest price at auction. 

D. Bolger, Bastardo 1889 (1 bottle per lot, HK$19,600/US$2,516 against its low estimate of HK$8,000/US$1,027), Kloster Eberbach Assmannshäuser Höllenberg Spätburgunder Cabinet Natur 1959 (3 bottles (700ml) per lot, HK$110,250/US$14,151).

Simon Tam, Head of Wine, Christie’s Asia, commented “This season we are thrilled to witness great depth of bidding not only for the revered Burgundies and Bordeaux, but also for the legendary vintages of Madeira and German wines as well as South African wines, which were all rarely seen in the market. The stellar results are a testament to our comprehensive offering of rare bottles from both iconic and emerging regions, and the diverse appetite and continued strength of exceptional wines especially in Asia.”

Visuals

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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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