croppedimage680368 Montrachet v2
20 September 2018

HDH’s massive Burgundy-dominated sale fetches $16m


Posted in: Wine Investment

Tagged: Auction results

US auction house Hart Dvis Hart kicked off its autumn season with its biggest ever sale, which was 100% sold and netted a total of US$16.7m.

Taking place in Chicago, the sale was dominated both in scale, quality and price by Burgundy. Six magnums of 1996 Montrachet from Domaine de la Romanee-Conti went for $113,525, while 12 bottles of Domaine Leroy’s 1991 Musigny and six magnums of Armand Rousseau’s 1991 Chambertin Clos de Beze made $107,550 apiece.

Other highlights included three bottles of 1978 Chateauneuf du Pape Cuvee des Celestins from Henri Bonneau ($13,145), Jeroboams of 1986 Lafite ($11,352 each), a Melchior of 2005 Cheval Blanc ($21,510) and an imperial of 1989 Haut-Brion ($20,315).

Some 67% of lots sold above their pre-sale high estimates, including Domaine Leroy’s 1990 Musigny, 1996 Echezeaux from Henri Jayer, and 1971 Clos de la Roche from Domaine Ponsot.