15th February, 2018 by Rupert Millar
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Auction house Sotheby’s is to offer what it estimates is the most valuable single owner collection it has ever handled in Asia at the end of next month – with all proceeds going to charity.
Counting 800 lots, the collection has a pre-sale estimate of HK$60 million (US$7.7m) and all of it will go to support various charitable causes with the main beneficiary being Stanford University’s ‘Rural Education Action Program’, which helps underprivileged children in rural China.
Dubbed ‘The Philanthropist’s Cellar’, the collection will go on sale in Hong Kong on 31 March.
The collection took Sotheby’s team about four weeks to inspect, and “for a wine nerd, this was the holy grail”, Adam Bilbey, head of wine for Sotheby’s Asia, told dbHK when recalling the inspecting experience,….
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