Hart Davis Hart Wine Co. Continues Remarkable Winning Streak with $8.5 Million Auction, Selling 100% of Lots Once Again

Active bidding online, global participation and strong prices achieved

Chicago, IL – Hart Davis Hart held another immensely successful auction this weekend in Chicago, realizing $8,520,955 against a pre-sale auction estimate of $5,045,970-$7,568,530. This sale was the second largest auction in the history of the company, and was the second blockbuster auction the firm has conducted in a little over a month. The firm has sold $15,930,695 at auction in Chicago since the third week of September.

The reigning King of Bordeaux, Château Lafite-Rothschild, once again generated intense bidding from collectors worldwide, with multiple cases of the 1982 and 2000 vintages commanding $57,360 and $28,680 per case respectively. Offerings of Château Petrus and Domaine de la Romanée-Conti were among the many wines that sparked intense interest and achieved strong prices throughout the two-day auction, with many soaring above the high end of their estimates.

One unique consignment was a selection of every vintage of Harlan Estate offered directly from the estate. An exceedingly rare imperial of the 1990 vintage, the estate’s first commercial release, realized an astounding $11,352 against a pre-sale estimate of $5000-$7000.

“Harlan Estate is clearly in the vanguard of wines produced in California, and it was exciting to witness the reaction to this amazing selection with perfect provenance,” commented Paul Hart, CEO.

Eager private and trade bidders participated in the saleroom, on the telephones, and via live internet bidding, hailing from 41 states and the District of Columbia as well as Australia, Brazil, The British Virgin Islands, Canada, China, France, Germany, Hong Kong, Japan, Malaysia, Mexico, the Philippines, Puerto Rico, Singapore, South Korea, Switzerland, and the United Kingdom.

“We are thrilled with the momentum of our fall season, and gratified by the enthusiastic participation of collectors worldwide. Market conditions have never been more favorable for sellers,” noted Michael Davis,Vice-Chariman.

Hart Davis Hart will conclude a highly successful 2010 with another two-day auction on December 10 and 11, which will feature a selection from the magnificent cellar of Grae Verlin.
Top Ten Lots (inclusive of 19.5% buyer’s premium):
Lot
Wine
Estimate
Aggregate
1667, 1668, 550
1982 Château Lafite Rothschild (12 bs)
$32000-48000
$57360
1388, 110
1982 Château Lafite Rothschild (11 bs)
$28000-42000
$50190
1575
1982 Château Lafite Rothschild (10 bs)
$26000-38000
$45410
282
2000 Château Pétrus (12 bs)
$32000-48000
$41825
68
1989 Château Pétrus (12 bs)
$26000-38000
$35850
20
1982 Château Lafite Rothschild (7 bs)
$18000-28000
$33460
1028, 1611
1998 Château Pétrus (12 bs)
$22000-32000
$33460
275
2000 Château Lafite Rothschild (12 bs)
$18000-28000
$28680
937
2000 Château Ausone (12 bs)
$14000-20000
$28680
1034
2000 Château Lafite Rothschild (12 bs)
$18000-28000
$28680

Sale Stats
Percent sold by lot: 100%
Hammer: $7,130,540
Total Aggregate: $8,520,955
Low Pre-Sale Estimate: $5,045,970
High Pre-Sale Estimate: $7,568,530

2010-2011 Auction Calendar
December 10 & 11, 2010
January 29, 2011
March 19, 2011

Bidding Information
Auction catalogs are available through the website or by calling Hart Davis Hart ( hdhwine.com; 312.482.9996). The expanded website allows bidders to view and search the auction catalog and place absentee bids online.

Hart Davis Hart’s state-of-the-art technology allows bidders worldwide to participate in the Chicago-based live auctions via the Internet. Bidders can follow the auction in the salesroom, hear the live auction, and bid against the room, all in real-time.

More details about the technology can be found at www.hdhwine.com

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