US auction house Acker Merrall & Condit has paid a “substantial sum” to billionaire wine collector Bill Koch in an out of court settlement.
Alleged wine counterfeiter Rudy Kurniawan was millions of dollars in debt to a major auction house the court heard yesterday as his trial continues in New York.
The Asian market is developing a thirst for Californian cult wine Screaming Eagle in addition to top Bordeaux and Burgundy.
Acker Merrall & Condit’s New York season was off to a flying start last weekend with Burgundy, once again, proving the standout seller as the US grows stronger.
18th century Madeira, red and white Bordeaux from the swinging sixties, the pick of some of the truly rarer lots at various auctions over the coming weeks.
US auction house Acker Merrall & Condit has lined up a host of current auction favourites for its upcoming Hong Kong sale, including the first full case of Screaming Eagle 1992 to be offered since 2008.
Burgundy topped the results at Acker Merrall & Condit’s New York sale and Christie’s Hong Kong auction last week.
The “greatest ever” Italian collection offered by Acker Merrall & Condit was hailed as a major part of the house’s success at a recent New York sale.
John Kapon, CEO of Acker Merrall & Condit, has released a book detailing his encounters with the world’s finest wines.
Thousands of top-quality fine wines went on auction at Acker Merrall & Condit on 25 and 26 January, with 96% of lots sold, totalling HK$52,900,086.
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