Sotheby's New York wine sales top $4.8 million



2015-10-01 09:42:03

The latest series of Sotheby's wine sales in New York have realized more than $4.8 million.

Friday's various-owner auction achieved a total of £3,070,708, led by The Krug 1915 Tasting Experience, which sold for $116,375. The Experience offered bidders the unique opportunity to taste a 100 year old bottle of Krug 1915 in the maison’s cellars, followed by a 2-day program of tastings and tours in Reims, France.

Other notable sales included 3 bottles of Romanée Conti 1990 Domaine de la Romanée-Conti which sold for $39,200, and 12 bottles of Château Lafite 1982 which fetched $29,400.

"Today's $3 Million sale was the first of an exciting Fall season," said Connor Kriegel, Head of Wine Auction Sales at Sotheby's. "There was tremendous interest in perfectly stored, mature wines from the world's great producers. Bidders on the phone, the internet and in the room bid feverishly for First and Second Growths, Pétrus, DRC, Lafon, Coche-Dury, Screaming Eagle and Guigal.”

"The opportunity to drink a 100 year old bottle of Krug, that will never have left their cellars, drew bidders from four continents, demonstrating the extraordinary lengths Sotheby's clients will go to pursue the world's rarest wines and unique experiences," added Jamie Ritchie, CEO of Sotheby's Wine, Americas & Asia.

The sale was followed on Saturday by the second offering of wines from the collection of James H. Clark, the renowned philanthropist and founder of Netscape. Clarke's cellar had been described as "one of the greatest collections of wine ever offered by Sotheby's", and the second sale realized a total of $1,789,603.

"Jim Clark put together a cellar of such quality and rarity that bidders competed at levels that we have rarely seen, resulting in a combined sale total $4,363,701, from both Parts 1 and II," said Duncan Sterling, VP, International Specialist of Sotheby's Wine.

Leading lots included 12 bottles of Corton Charlemagne 1999 Coche-Dury which sold for $42,875, and 12 bottles of Ermitage, Cuvée Cathelin 1991 Jean-Louis Chave which realized $36,750.

Sotheby's next New York wine sale will be Château Margaux 1900 -2010 Direct from the Cellars, A Celebration of the Mentzelopoulos Era on October 17th.

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