Hart Davis Hart Wine Co 100% Sold May Auction Brings in $9.9 Million

. May 22, 2018

Hart Davis Hart Wine Co., the internationally renowned wine auction house and retailer, continued its success in 2018 with a tremendous May auction that brought in a total of $9.9 million against pre-sale estimates of $6.1-9.1 million. Held at the iconic Spiaggia restaurant in Chicago, the three-day sale saw 100% of its 2,981 lots sell. These record results were due to the passionate bidding seen throughout the sale from bidders around the globe, bringing 64% of lots to sell above their high estimate.

One of the highlights of the May sale was The Dr. Lee Smith Collection. This consignment featured an array of top producer Burgundy along with classified Bordeaux and top Rhône wines, all with impeccable provenance. With over 3,000 bottles offered in the sale, the consignment garnered $2.6 million against pre-sale estimates of $1.4-2.1 million. Highlights from the collection include 12 bottles of 1990 Clos Saint-Denis, Domaine Dujac which brought in $71,700 (est. $18,000-28,000); 10 bottles of 1990 Bonnes-Mares, Domaine Dujac which sold for $41,825 (est. $16,000-24,000); and 5 bottles of 1990 Chambertin, Domaine Leroy which garnered $38,240 (est. $15,000-22,000).

Red Bordeaux and Red Burgundy continued to see strong results this past weekend. The 792 lots of Red Bordeaux brought in $3.15 million against pre-sale estimates of $2.06-3.08 million. Several highlights include 3 double magnums of 1982 Château Lafite Rothschild which sold for $45,410 (est. $24,000-35,000); 6 magnums of 1982 Château Latour which brought in $33,460 (est. $16,000-24,000); and 12 bottles of 1964 Château Latour à Pomerol which garnered $11,950 (est. $3,500-5,500). The 512 lots of Red Burgundy sold for $3.03 million against pre-sale estimates of $1.6-2.4 million. 12 bottles of 1994 Musigny, Domaine Leroy shattered world records by bringing in $101,575 against pre-sale estimates of $30,000-45,000. Additional Red Burgundy highlights include 12 bottles of 1994 Romanée-St-Vivant, Domaine Leroy which sold for $28,680 (est. $12,000-18,000); 12 bottles of 1990 La Tâche, Domaine de la Romanée-Conti which garnered $89,625 (est. $48,000-75,000); and a 12 bottle 1997 Domaine de la Romanée-Conti Assortment which garnered $35,850 (est. $22,000-32,000).

Additional highlights of the sale included:
• 72 lots of Screaming Eagle sold for $510,145 (est. $328,000-495,300)
• 77 lots of Château Mouton Rothschild sold for $413,051 (est. $277,970-412,930)
• 61 lots of Château Lafite Rothschild sold for $383,714 (est. $242,300-363,180)
• 53 lots of Château Latour sold for $361,607 (est. $234,100-348,450)
• 14 lots of Château Pétrus sold for $266,843 (est. $154,100-234,100)
• 48 lots of Dominus sold for $94,859 (est. $58,300-86,450)
• 59 lots of Domaine de la Romanée-Conti sold for $656,652 (est. $383,650-578,100)
• 31 lots of Domaine Leroy sold for $473,698 (est. $201,900-301,000)
• 27 lots of Domaine Dujac sold for $269,592 (est. $102,950-156,100)

HDH has a proven track record of excellence and continues to exceed its competition in terms of service and technology. Since the firm’s industry-leading bidding app was released in 2015, it has been downloaded by thousands of collectors around the globe. The incredible mobile bidding platform allows for ultimate flexibility, as bidders can place bids on-the-go from anywhere in the world. Download the app today and never miss an HDH auction again.

HDH’s next sale will take place June 22nd & 23rd and will span the gamut of European and New World wine. Hart Davis Hart is always accepting consignments for an upcoming sale. If you are looking to make room in your cellar or are looking to capitalize on the current strength of the wine market by consigning a portion of your collection, please contact our expert consignment team at consignments@hdhwine.com or 312.379.8712.

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

Comments are closed.