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Sotheby’s autumn schedule expected to make $25m


Posted in: Wine Investment

Tagged: Auction results

Sotheby’s has unveiled its autumn sales line-up which is expected to fetch in the region of $25m, putting the auction house on track to beat its $64m total results from last year.

Sales will take place in London, New York and Hong Kong, and will feature fine wines such as the Domaine de la Romanee-Conti collection from Domaine Drouhin, ‘historic’ vintages of Latour and a bottle of 1926 Macallan with the Sir Peter Blake label – which has the highest estimate ever placed on a bottle of wine or whisky at Sotheby’s.

According to Sotheby’s head of wine, Jamie Ritchie, the sales series is “the strongest and most diverse range of wines since Sotheby’s started offering wine in 1970”.

Two sales in London being held on 19 September have the potential to realise almost £3m (US$3.6m) and include 1989 Petrus and Haut Brion and 1963 Quinta do Noval Nacional.

In Hong Kong, three sales being held from 29-30 September could make as much as HK$105m (US$13.4m) with highlights including 1961 Latour and various vintages of Cheval Blanc and Domaine de la Romanee-Conti.

Meanwhile, the three New York sales from 12-13 October and 10 November includes the Drouhin DRC collection and 1926 Macallan, and could make as much as US$9.9m.

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