Napa and Pacific Northwest wine auction bags almost US$2m
A Pacific Northwest collection of French wines and selection of Napa Valley cult wines, including a private collection of Screaming Eagle, has achieved a total of US$1,974,500 at auction.
The Christie’s Pacific Northwest and ‘California Only’ auction featured some of the most sought after and exclusive California wines, predominantly from Napa Valley, including twenty vintages of Screaming Eagle, including three bottles of Screaming Eagle 2015 which went for US$15,000.
Also featured was a rare full case of Beaulieu Vineyards Private Reserve Cabernet Sauvignon 1968 purchased from the collection of Mr. Henry E Singleton at Christie’s Los Angeles in April 2000. This collection also includes bottles of Heitz Martha’s Vineyard from 1968 and 1969, alongside multiple vintages of Harlan Estate.
The Northwest collection totalled US$1,376,562 with 96% sold by lot and 104% hammer above low estimate. The single owner collection came directly from a cellar in the Pacific Northwest, with the sale featured 302 lots and a selection of mature Bordeaux, Burgundy, and Champagne in a variety of formats. The top lot of the sale was a 12 bottles of Château Mouton-Rothschild 1945, which sold for US$112,500, setting a record price for wine in an online auction at Christie’s Americas.
The California lots totalled US$597,938 with 94% sold by lot and 104% hammer above low estimate. The sale was the first California Only auction in over twenty years and the first one to be held in Los Angeles, The sale featured over 140 lots, the top lot of the sale was a Screaming Eagle 2007 (3 bottles per lot) which achieved $15,000.
Chris Munro, head of department, Americas fine wine and spirits, said: “With a number of new world record prices in both sales we are delighted with the results of our opening two auctions of the Fall season. Highlights included a full case of Château Mouton-Rothschild 1945, making over $100,000 and becoming the highest ever price paid for a wine lot on-line in America.
“We were also very pleased with the global participation in our first California Only sale in twenty years. Registrants from around the globe competed for both the classic and cult wines from California establishing a number of record high prices.”