Auction PR Publicity Announcements News and Information
Auction PR Publicity Announcements News and Information

Strong Start to 2012 as Hart Davis Hart Sells 100% of Lots for $3.5 Million; Burgundy Prices Soar

Most experienced wine auction team remains a global market leader

(Chicago, IL) – Hart Davis Hart, the leading wine auction house in America over the past two years, opened 2012 with a highly-charged auction of finest and rarest wines, selling 100% of lots offered and posting $3.5 million in sales against a pre-auction estimate of $2.3m-$3.5m.

Hart Davis Hart

Attendees filled the auction room in downtown Chicago to near capacity, competing actively with absentee bidders from 38 states as well as Australia, Belgium, Brazil, Canada, China, Colombia, France, Japan, Luxembourg, Macau, Mexico, Netherlands, Singapore, South Korea, Spain, Switzerland, Taiwan, Thailand and the United Kingdom.

Top Burgundy continued to trend upward, most notably the wines of DRC, Leroy, and Roumier. Ten bottles of 1992 Corton-Charlemagne, Domaine Leroy (est. $2,000-3,000) soared above the high, realizing $5,019, and six bottles of 1996 Chambertin, Armand Rousseau (est. $4,500-6,500) sold for $8,962. Overall, the 570 lots of Burgundy sold for $1,478,66 against a pre-sale estimate of $939,020-$1,399,850.

Californian wines, especially the wines of Sine Qua Non, performed well throughout the day, with 6 bottles of 2003 Sine Qua Non Syrah, The Inaugural (est. $2,600-$3,800) selling for $4,780 and 4 bottles of 2007 Next of Kyn Syrah No ~ I Assortment (est. $2,000-3,000) selling for $3,824.

“We were thrilled to bring so many top wines with impeccable provenance to the market and provide such strong results for our consignors. I am proud of the HDH team; they are the most experienced in the world and they showed that on Saturday,” commented CEO Paul Hart.

Hart Davis Hart’s next auction will be devoted entirely to the wines of Burgundy and will be held on March 24th. This multi-million dollar sale will exclusively feature only the top producers from this esteemed region.

Top Lots (inclusive of 19.5% buyer’s premium):
Lot 877: 2001 Romanée-Conti DRC (6 bs) (est. $40,000-$60,000) $59,750
Lot 45: 2002 Romanée-Conti DRC (3 bs) (est. $22,000-$32,000) $33,460
Lot 753: 1982 Château Lafite Rothschild (9 bs) (est. $20,000-$30,000) $26,290
Lot 840: 1990 Château Pétrus (1 jeroboam (5L)) (est. $20,000-$30,000) $26,290
Lot 1176: 1985 DRC: Romanée-Conti (1 b); La Tâche (3 bs); Echézeaux (3 bs); Grands-Echézeaux (2 bs); Romanée-St.-Vivant (2 bs); Richebourg (1 b) (est. $22,000-$32,000) $26,290
Lot 43: 2001 Domaine de la Romanée-Conti Assortment (12 bs) (est. $20,000-$30,000) $23,900
Lot 563: 1982 Château Lafite Rothschild (6 bs) (est. $13,000-$19,000) $21,510
Lot 105: 2000 Château Lafite Rothschild (12 bs) (est. $18,000-$28,000) $19,120
Lot 106: 2000 Château Lafite Rothschild (12 bs) (est. $18,000-$28,000) $19,120
Lot 868: 1990 Château Pétrus (5 bs) (est. $10,000-$15,000) $19,120
Lot 54: 2004 Romanée-Conti DRC (2 bs) (est. $12,000-$18,000) $17,925
Lot 1052: 1997 Romanée-Conti DRC (2 bs) (est. $12,000-$18,000) $17,925

Sale Stats
Percent sold by lot: 100%
Total Aggregate: $3,484,667
Low Pre-Sale Estimate: $2,343,380
High Pre-Sale Estimate: $3,501,660

2011 Auction Calendar
March 24, 2012
May 5, 2012
June 23, 2012

About Hart Davis Hart Wine Co.
Hart Davis Hart Wine Co. is both a dynamic retailer and an internationally prominent wine auction house, occupying a unique position in the rare wine market. We offer collectors and restaurateurs a broad range of options for buying and selling wines, providing unrivaled expertise and personalized service.

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