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2008 Domaine d’Auvenay Meursault leads Madison autumn sale

Madison Auction 2021 ended its 2021 live-streaming auction with great success, selling 403 lots of fine wines and whiskies.

The auction house’s third live-streaming sale of the year took place on 7 August in Hong Kong. The sale realised a total sale value near HK$32,000,000 against an estimated HK$23,000,000. The average sale price per lot is HK$78,000. 138 lots were sold above the high estimate values.

Bidders from around the world participated in this sale on Madison’s website and newly developed app. The simultaneous-casting event was also held in Shanghai for the first time, connecting the Shanghai saleroom with the Hong Kong saleroom via a live broadcast.

Burgundy remains extremely popular, with bottles from Domaine de la Romanée-Conti and dʼAuvenay selling past their high estimate values. Among the top performed lots, 2008 Domaine d’Auvenay Meursault, Les Narvaux crowned the top in the show for the price HK$673,750, followed by 2000 Domaine de la Romanée-Conti Assortment, which was sold at HK$551,250.

A bottle of 2007 Domaine d’Auvenay Meursault, Pré de Manche was sold at 250% of its estimate for HK$122,500.

Bordeaux was another strong performer in the show with some lots achieving more than 150% of their pre-sale estimates. A bottle of 1982 Château La Mission Haut-Brion Pessac-Léognan Grand Cru Classé was realised for HK$124,512; while Château Latour Assortment was sold at HK$73,500.

The August sale was live-streamed via the Madison App for the first time. The auction house aims to launch a mobile app, which further facilitates the transformation of the traditional auction model into the digital era. By improving the bidding platform, the company hopes to bring better auction experience for its audience in future.

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