US wine auctions take $25m in five days
Published October 30th, 2007
Over US$25m has changed hands in American wine auctions in the last few days.
Four major sales in three cities, which have all taken place since 25 October, fetched US$27,551,707 in total October.
The most largest sale, Acker Merrall Condit’s in New York on 26-27 October, made US$15,563,359. Acker had estimated the 1,963-lot cellar, believed to be from a West Coast collector, at US$12,513,220 to US$16,766,270. A case of 1945 Mouton Rothschild fetched US$133,3330. Twelve bottles of A Rousseau’s 1962 Chambertin fetched US$108,900. A case of 1961 Lafleur made US$90,750.
An Aulden Cellars – Sotheby’s auction that featured magnums and some superlots made US$3,817,428 on 29 October. An Asian buyer forked out US$262,900 for a case of 1990 Romanée-Conti, Domaine de la Romanée-Conti. Another Asian buyer paid US$143,400 for a case of 1989 Romanée-Conti.
In Chicago, Hart Davis Hart grossed US$4,557,300 on 26-27 October. The red-hot house found buyers for all 1,646 lots, the third time in four auctions that it sold 100% of its catalogue. An imperial of 1982 Pétrus fetched US$53,775 and an imperial of 1982 Lafite Rothschild brought US$26,290. Two bottles of 1945 Trotanoy made US$7,767.
In Los Angeles, NYWines – Christie’s sold all 306 lots for US$3,613,620 on 25 October. In back-to-back purchases, US$252,000 was paid for each of two cases of 1990 Romanée-Conti, DRC.
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