Largest Burgundy Auction in Hart Davis Hart History Brings in $7.2 million

. April 17, 2018

Hart Davis Hart, America’s top wine auction house, continued its strong performance in 2018 with a 100% sold April sale, posting $7.2 million in sales against a pre-auction estimate of $4.4-6.5 million. The sale was Hart Davis Hart’s largest Celebration of Burgundy to date, exceeding the previous record by well over $1.5 million. The record-shattering prices confirm both the current strength of the fine wine market and HDH’s standing as the top auction house in the United States.

With a catalog that read like an encyclopedia of the region’s finest wines, HDH’s A Celebration of Burgundypresented bidders with opportunities to purchase wines from over 178 Burgundian domaines. More than half of all lots exceeded their high estimates, and many achieved record prices.

As in the past, bidders showed incredible enthusiasm for this sale’s wide array of lots from Domaine de la Romanée-Conti. Featuring an impressive 48 vintages dating back to 1966 and encompassing all the domaine’s Grand Cru vineyard sites, the sale’s DRC offers achieved a total of $2.2 million (est. $1.3-2.0 million), claiming 8 of the sale’s top 10 lots by value. The 6-liter methuselah of 1983 La Tâche shattered world records by bringing in $31,070 against presale estimates of $17,000-26,000.

The remarkable provenance and stellar quality of the wines offered throughout the sale attracted fierce bidding from collectors, breaking several world records. A 3-liter jeroboam of 1990 Grands-Echézeaux, Domaine de la Romanée-Conti sold for $26,290 (est. $8,000-12,000), 4 bottles of 2011 Corton-Charlemagne, Coche-Dury garnered $19,120 (est. $9,500-14,000), a full case of 1985 Clos Saint-Denis, Georges Lignier et Fils brought in $7,170 (est. $1,500-2,200), and a single bottle of 1993 Musigny, Domaine Leroy sold for $11,950 (est. $4,800-7,500).

Additional highlights of the sale included:
• 125 lots of Armand Rousseau sold for $510,276 (est. $290,260-435,510)
• 81 lots of Domaine Leroy sold for $365,729 (est. $193,850-288,350)
• 129 lots of Domaine Dujac sold for $330,453 (est. $192,600-288,440)
• 55 lots of Jacques-Frédéric Mugnier sold for $238,880 (est. $130,200-194,650)
• 107 lots of Comte Georges de Vogüé sold for $233,275 (est. $147,400-219,530)
• 43 lots of Coche-Dury sold for $225,974 (est. $126,770-189,650)
• 76 lots of Domaine Ponsot sold for $193,554 (est. $116,780-173,290)
• 100 lots of Domaine Leflaive sold for $154,250 (est. $98,580-147,950)

As the saleroom at Chicago’s iconic Spiaggia restaurant bustled with determined collectors, bidders from around the globe participated in the auction using Hart Davis Hart’s state-of-the-art bidding app and auction website. The sale saw participation from across the U.S. as well as Hong Kong, Denmark, Switzerland, Canada, China, Brazil, Taiwan and more.

Hart Davis Hart’s next sale will take place May 18th & 19th and will span the gamut of European and New World wine. While consignments for the May sale are no longer being accepted, there is still time to consign in our June auction. Don’t miss the opportunity to consign your wine in this strong market with America’s #1 auction house.

For more information on Hart Davis Hart Wine Co. or to arrange a media visit, please contact Sophia Springer at 312.324.0951, sspringer@hdhwine.com or visit hdhwine.com

Category: Auction News

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