Auction Results - HK latest wine sale disappoints sligthly

Christie's two day wine sale brought in $9.91 million, selling 86% by lot. The top lot was 6 magnum bottles of La Tâche, Vintage 1961, which sold for S$92,448, with sale showing a trend for buying older vintages and large formats. Charles Curtis MW, Head of Wine for Christie’s Asia, commented, “On the second day of our sale, we sold large quantities of young Bordeaux at very strong prices, demonstrating the continued strength of the market. The majority of the bids came from private clients from around the Asia region. Particular areas of strength included the wines of Château Mouton-Rothschild, which sold above high estimates in many cases, especially the 1990 and 2000 vintages, and Lafite, which maintained its continued popularity.   "But as previously mentioned, HK wine sales had all been white gloves results in recent months, so this is a bit disappointing.