New York, NY – Aulden Cellars – Sotheby’s March 15th sale of Finest and Rarest Wines totaled $3,964,565, well above expectations (est.$2.2/3 million).
The sale featured The Cellar of V. Cheryl Womack, including 4,775 bottles from Bordeaux, Burgundy, California and Australia, as well as a quantity of large-format bottles – 81 magnums, 7 double magnums, 2 jeroboams and 3 imperials, which brought $1,678,900, above the high estimate of $1.6 million, and included five of the sale’s Top Ten lots.
Cheryl Womack, one of America’s most successful entrepreneurs, innovators and business leaders, said “I couldn’t be happier with my first experience on this side of the gavel.”
Commented Robert Sleigh, Vice President, Head of Sotheby’s New York Wine Dept.,“From the beginning it was a great pleasure to work with such an enthusiastic collector as Cheryl Womack. The success of her cellar at auction is a tribute to her passion for selecting the finest wines from the best years. The impeccable cellar conditions in which she continues to store the rest of her collection ensured there was keen competition for these superb wines.”
Sale Highlights – The Cellar of V. Cheryl Womack – March 15, 2008
Highlighting the sale of this magnificent cellar included multiple vintages of Château Pétrus, with 12 bottles of 2001 achieving $19,360 (est. $7/10,000), 12 bottles of 1999 also selling for $19,360 (est. $6/9,000), 12 bottles of 1998 fetching $36,300 (est. $25/35,000), 12 bottles of 1995 selling for $21,780 (est. $13/20,000) and six bottles of 1989 going for $19,360 (est. $12/18,000); Le Pin, with 12 bottles of 1998 selling for $20,570 (est. $10,18,000); six magnums of 1998 achieving $27,225 (est. $12/20,000), 12 bottles of 1997 demanding $10,285 (est. $4.5/6,500); 12 bottles of 1997 selling for $10,285 (est. $4.5/6,500), 12 bottles of 1995 going for $13,350 (est. $8/12,000) and six bottles of 1990 selling for $22,990 (est. $12/20,000); Château d’Yquem, with 12 bottles of 1997 selling for $4,235 (est. $2/2,750), 12 bottles of 1996 achieving $4,538 (est. $1.8/2,500), 12 bottles of 1995 demanding $3,630 (est. $1.8/2,500) and 12 bottles of 1990 going for $9,075 (est. $5.5/7,500); and Champagne, with 12 bottles of Krug Clos du Mesnil 1985 selling for $11,495 (est. $5/7,000), nine bottles of Krug Clos du Mesnil 1989 going for $9,075 (est. $4/5,500), 12 bottles of Dom Pérignon 1990 demanding $3,328 (est. $1,8/2,500), six magnums of 1996 Louis Roederer Cristal achieving $5,748 (est. $2,250/3,000) and 12 bottles of 1990 Louis Roederer Cristal selling for $7,260 (est. $4/6,000).
Sale Highlights – Finest and Rarest Wines – March 15, 2008
Other highlights from Finest and Rarest Wines included 12 bottles of 1996 Château Pétrus which sold for $12,100 (est. $7.5/11,000), and 12 bottles of the 1990 vintage which demanded $48,400 (est. $35/55,000).
*Estimates do not include buyer’s premium
Please note that the new buyer’s premium rate of 21% of the hammer price for Aulden Cellars – Sotheby’s wine auctions in New York took effect as of January 1, 2008.
Aulden Cellars-Sotheby’s next Wine sale in New York will take place on April 10, 2008.