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Auction PR Publicity Announcements News and Information

Heritage single-cellar wine auction expected to bring $3,000,000+

The stellar cellar of a northeast gentleman is expected to bring in the range of $3,000,000 when it comes under the hammer on May 6 at Heritage Auctions in Beverly Hills (simulcast to SHORE Bar & Restaurant, 3rd Floor, The L Place, 139 Queens Road, Central, in Hong Kong, the morning of May 7) in the company’s Signature® Wine Auction .

The auction marks Heritage’s first foray into the Asian auction market, led by twelve bottles of Chateau Lafite Rothschild 1982, estimated at more than $40,000, along with six more magnums of Chateau Lafite Rothschild 1982, which also carry an equal estimate of $40,000+

““The simulcast to Hong Kong is an exciting development in the future of Heritage Auctions and especially the wine department,” said Frank Martell, Director of Wine Auctions at Heritage. “Having spent a lot of time in the Hong Kong wine community since hosting the first auction after the duty was reduced, it has always been a priority for me to bring Heritage’s high level of service to what has become the Mecca of the wine world in recent years. The passion and demand on behalf of the Asian wine community is well documented, so it was a logical move; expect to see us around Asia for quite some time.”

A double magnum of Romanee Conti 1978, Domaine de la Romanee Conti, continues the amazing offerings, carrying the same $40,000+ estimate, a pre-auction assessment almost met by three magnums of Chateau Petrus 1961, set at $37,500.

“This is such a spectacular concentration of top wines in top vintages that most lots would suit the highlight reel in any other auction,” said Martell. “There is real depth in Bordeaux and Burgundy, featuring all the top producers and estates. Italy and the Rhone are represented by smaller selections of blue-chip labels that sit uniquely at the top of their peer group. Wine lovers the world around will be impressed when they see the level of quality on offer here.”

That quality continues without pause in the offering of 12 bottles of DRC Assortment 1990, estimated at $37,500+, three magnums of a superb Chateau Latour a Pomerol 1961 – “If I had only one Bordeaux to drink, the 1961 Latour a Pomerol would have to be at the top of my list,” wrote Robert Parker in Bordeaux Book, Jan. 1998 – expected to bring $35,000+and a single magnificent imperial of Chateau Petrus 1982, estimated at $32,500+.

Further highlights continue with, but are certainly not limited to twelve bottles of La Tache 1999, Domaine de la Romanee Conti , estimated at $30,000+, along with a Methuselah (6 liters) of 1971 La Tache, expected to fetch at least $28,000 and a banded case of 1985 La Tache, which should bring no less than $26,000.

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