Finest and Rarest Wines of France – Christie’s NY

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Finest and Rarest Wines of France

New York – Wednesday, 25 January 2012

Sale no: 2639 – Top Results

[All sold prices include buyer’s premium]

Sold:

$1,180,658

£759,266

€912,410

Lots Sold: 152

Lots Offered: 158

Sold by Lot: 96%

Sold by $: 91%

Exchange Rate: £ = $1.555/  € = $1.294

Lot

Description

 

Estimate ($)

 

Purchase Price

 

Buyer

25

Pétrus–Vintage 1982

1 dozen bottles

42,000 – 65,000

$58,080

£37,350

€44,884

Asian Private

16

Pétrus–Vintage 2000

1 dozen bottles

42,000 – 60,000

$45,980

£29,569

€35,533

Asian Trade

43

Château Lafite-Rothschild–Vintage 1982

1 dozen bottles per lot

35,000 – 45,000

$45,980

£29,569

€35,533

Asian Private

150

DRC Assortment – Vintage 1990

1 dozen bottles

(1 Romanée-Conti, 3 La Tâche, 2 Richebourg, 3 Romanée St Vivant, 1 Grands Echézeaux, 2 Echézeaux)

32,000 – 40,000

$45,980

£29,569

€35,533

Asian Private

Robin Kelley O’Connor, Head of Wine for Christie’s Americas, commented: “We were very pleased with the results of this special January addition to our wine sale calendar, which proved a fitting complement to our flagship sales of Old Master paintings, drawings and watercolors this week. Our sell-through rates of 96% by lot and 91% by value indicate that the market remains strong, especially for a focused sale of this type that featured the very finest and rarest of top Bordeaux and Burgundy and Northern Rhône wines. The sale saw very active participation from Asian buyers – both private and trade – and from American collectors, who accounted for nearly 50% of the wine purchases by lot. Overall, the majority of wine prices performed within estimate or in some cases well above, which shows there is great vibrancy in the wine auction market.”

 

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