Auction results - Christie's HK brings in strong wine sales

The two-day wine sales at Christie's HK totalled US$10.35 million, and was 90% sold by lot, 96% sold by value. Nearly 80% of the lots sold over the high estimate. The sale demonstrated the continued strength of the great first growth Bordeaux and indicated a new interest in large format bottles and in older vintages, Christie's said. Burgundy values were also strong, particularly for Henri Jayer and Domaine de la Romanée-Conti, and champagne prices remained bubbly, with the superlot from Krug representing the highest value ever consigned directly from the winery. This brought Christie's Hong Kong Wine sales to HK$169 million for the whole of 2010 with over 96% of all lots sold by value. Their next auction will be Mar 4-5.

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