Christie’s makes record sale in Hong Kong
Christie’s auction in Hong Kong last Saturday was its most valuable sale in the region since it returned one year ago.
It also highlighted a broadening a taste in fine wine in the East, with notable sales successes including 50 case lots of Château La Mission Haut-Brion 1995 and 1998, each selling for over £65,000.
The total sold was 27% more than this time last year, amounting to £3,126,989.
Aside from the Haut-Brion, impressive sales also included a lot of Domaine de la Romanée-Conti 1999, which fetched more than £110,000; six bottles of Mouton-Rothschild, and a 12 bottle case of Pétrus, which each realised over £35,000.
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“At over US$5 million, this sale marks Christie’s most valuable sale of wine in Hong Kong since we returned to the region a year ago – and a notable 27% increase over our Fall 2008 total,” said David Elswood, international head of wine for Christie’s.
“The results show a growing sophistication of the market and a collector base that is becoming evermore discerning and rapidly learning how to select wines that are truly rare and are worth competing for,” he added.
Patrick Schmitt, 03.12.2009
