Sotheby’s $2.6m sale sees ‘frenzied bidding’

Posted by Rachel England on 6 December 2017 |

Sotheby’s $2.6m sale sees ‘frenzied bidding’

The first sale in Sotheby’s ‘Life of Luxury’ series this winter took place in New York on Saturday and achieved US$2.6m, pushing the auction house’s sales total so far this year to nearly $23m.

The lead consignment, called ‘DRC Spanning Four Decades, Rousseau in Historic Vintages and Top-Flight Bordeaux’, sold for $619,244 against a high pre-sale estimate of $537,700, while three bottles of DRC’s 2013 Romanee-Conti sold for $55,350.

Other top lots included: a case of 1985 Petrus; 1988 Clos de la Roche from Domaine Dujac; two bottles of 1990 Montrachet from DRC; three bottles of 2004 Corton Charlemagne from Coche-Dury; and one magnum of 1998 Krug Clos du Mesnil.

According to Sotheby’s, there was “frenzied bidding” for red and white Burgundy and Rhone, with bidders competing fiercely for magnums of Domaine Roulot’s 2008 Merusault Clos de Mon Plaisir, double magnums of 2007 Volnay Clos des Ducs from Marquis d’Angerville and magnums of 1979 Hermitage from Jean-Louis Chave.

Sotheby’s last fine wine sale of the year will take place in London on 13 December.

Related link:

https://www.thedrinksbusiness.com/2017/12/sothebys-nyc-wine-sales-approach-23m-total/

 

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