Cheval Blanc collection makes $11m

3rd June, 2014 by Rupert Millar

An ex-cellar collection of Cheval Blanc made over HK$11 million when it was auctioned by Sotheby’s in Hong Kong last weekend.

Cheval-Blanc-Label180All 600 lots, with over 220 large format bottles included, were sold with the top lot being a Nebuchadnezzar of the 1998 which went for HK$269,500, more than double its high estimate.

Other top lots from the Cheval Blanc collection  included a magnum of 1936 (HK$79,625), two double magnums of the 1974 (HK$61,250) and a Melchior of 2004 (HK$85,750).

Serena Sutcliffe MW, international head of Sotheby’s Wine, said: “Direct from the Château provenance cannot be beaten and Asian collectors demonstrated their knowledge and passion for great wines with their enthusiastic pursuit of these historic bottles of Cheval Blanc.”

Robert Sleigh, Head of Sotheby’s Wine, Asia, commented: “The rarity of the monumental nine to 18-litre bottles from Cheval Blanc ignited the bidding in the room, on the phones and online. With an average of fewer than 10 of these large format bottles made per vintage the opportunity was too good to miss!”

Cheval Blanc is clearly seeking to capitalise on this year being the Year of the Horse in the Chinese zodiac.

In February, as reported by the drinks business, the estate saw its highest share of trading on Liv-ex since 2012.

The collection was part of a wider auction that made over HK$24m and saw a case of 2000 Mouton sell particularly well (HK$134,750).

Other highlights from the second half of the sale ranged from Lynch Bages 2003 to Gruaud Larose 2004 and Palmer 2004.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

National Account Manager – On-Trade

Berkmann Wine Cellars
London, UK

Sales Manager – Midlands and South West

Pol Roger Portfolio
Midlands and South West

UK Brand Ambassador - That Boutique-y Gin Company

That Boutique-y Gin Company
Tunbridge Wells, Kent, UK

Senior National Account Manager – Grocery (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Senior National Account Manager – Wholesale RTM (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Digital Marketing Manager

Master of Malt
Tunbridge Wells, Kent, UK

Experienced On Trade Sales Person

Borough Wine Imports
London, GB

3 x Business Development Executive

The Lakes Distillery Company Limited
Newcastle head office and nationwide, UK

Editor

Master of Malt Ltd
Tunbridge Wells(Kent)

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Brand Manager

Hallgarten Druitt
Luton, UK

Experienced On-Trade Salespeople Required

Portal Wines and Spirits
London, UK

The Global Merlot Masters 2017

Deadline : 17th April 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 14th April 2017

The Global Sparkling Masters 2017

Deadline : 12th May 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

The Global Malbec Masters 2016

the drinks business is proud to announce the inaugural Global Malbec Masters 2016.

Click to view more