Market Shows Continued Strength as Hart Davis Hart June Wine Auction Brings in $7.1 Million

Hart Davis Hart Wine Co., America’s #1 wine auction house, closes out its successful spring season with a monumental June auction that achieved a total of $7.1 million against pre-sale estimates of $4.2-6.3 million. These impressive numbers were the result of exciting bidding activity seen throughout both sessions of the sale, and from bidders from all around the world. HDH has sold 100% of all lots offered at auction in 2021 and repeatedly sees the strongest prices realized in the industry.

A highlight of the sale was A Treasure Trove of Young and Mature Burgundy, which offered top wines from the likes of DRC, Leroy and Rousseau as well as exciting lots from around the world. Serious bidding activity brought soaring prices on lots such as 8 bottles of 2001 Clos Vougeot, Domaine Leroy which sold for $38,240 (lot 290, est. $16,000-24,000); 12 bottles of 2010 Gevrey-Chambertin, Clos St-Jacques, Armand Rousseau which garnered $26,290 (lot 332, est. $14,000-20,000); and a magnum of 1988 Dom Pérignon Rosé, P3 which brought in $5,378 (lot 345, est. $2,200-3,200).

Leroy prices in particular dominated, as Friday saw an incredible selection of lots from the esteemed producer hammer above the high estimate. 12 bottles of 1992 Romanée-St-Vivant Domaine Leroy achieved $50,190 (lot 901, est. $18,000-28,000); 3 bottles of 2009 Chambertin, Domaine Leroy sold for $38,240 (lot 928, est. $17,000-26,000); 2 bottles of 2000 Chambertin, Domaine Leroy brought in $17,925 (lot 1446, est. $9,000-14,000); and 3 bottles of 2000 Latricières-Chambertin Domaine Leroy saw $14,340 (lot 1449, est. $7,000-10,000).

It should come as no surprise that a single jeroboam of 2004 Romanée-Conti, Domaine de la Romanée-Conti exceeded the high estimate, however, with a selling price of $101,575, lot 1127 climbed well above it’s original pre-sale estimate of $40,000-60,000, selling for 254% of the low estimate. Further DRC highlights included 3 bottles of 1990 Romanée-Conti, Domaine de la Romanée-Conti that sold for $95,600 (lot 166, est. $60,000-90,000); a 12 bottle 2001 DRC Assortment Case that garnered $53,775 (lot 479, est. $32,000-48,000); and 6 bottles of 2010 Richebourg, Domaine de la Romanée-Cont that brought in $21,510 (lot 617, est. $12,000-18,000).

Additional highlights from the sale included a magnum of 1970 Trotanoy, which sold for $4,183 (lot 9, est. $1,600-2,400); 7 bottles of 2002 Jacques Selosse, Grand Cru Blanc de Blancs, Extra Brut which brought in $8,365 (lot 406, est. $4,000-6,000); and a single bottle of Screaming Eagle’s inaugural 1992 vintage achieved $14,340 (lot 1169, est. $6,500-9,500).

As the leading wine auction house in the U.S., HDH has a proven track record of excellence, and continues to exceed its competition in terms of market share, technology, and sell-through rate. HDH’s next sale will be held on August 12th & 13th and will feature an exceptional selection of wine.

Consignments are being accepted for HDH’s fall auctions. If you are looking to make room in your cellar or to capitalize on the current strength of the wine market by consigning a proportion of your collection, please contact HDH’s expert consignment team at [email protected] for a complimentary appraisal.

Top Lots by Price (inclusive of 19.5% buyer’s premium):

Lot 1127: 2004 Romanée-Conti, Domaine de la Romanée-Conti (1 jeroboam (3L)) (est. $40,000-60,000) $101,575
Lot 166: 1990 Romanée-Conti, Domaine de la Romanée-Conti (3 bs) (est. $60,000-90,000) $95,600
Lot 903: 1995 Musigny, Domaine Leroy (4 bs) (est. $40,000-60,000) $77,675
Lot 313: 2015 La Romanée, Comte Liger-Belair (6 bs) (est. $45,000-65,000) $53,775
Lot 479: 2001 Domaine de la Romanée-Conti Assortment (12 bs) (est. $32,000-48,000) $53,775
Lot 906: 1998 Mazis-Chambertin, Domaine d’Auvenay (Leroy) (10 bs) (est. $30,000-45,000) $53,775
Lot 901: 1992 Romanée-St-Vivant, Domaine Leroy (12 bs) (est. $18,000-28,000) $50,190
Lot 331: 2010 Chambertin, Armand Rousseau (12 bs) (est. $30,000-45,000) $45,410
Lot 295: 2005 La Romanée, Comte Liger-Belair (6 bs) (est. $28,000-42,000) $41,825
Lot 330: 2010 Chambertin, Armand Rousseau (11 bs) (est. $28,000-42,000) $41,825

Top Lots to Exceed Estimates (inclusive of 19.5% buyer’s premium):

Lot 1487: 2000 Auxey-Duresses Blanc, Les Clous, Domaine d’Auvenay (Leroy) (est. $1,400-2,000) $8,365
Lot 851: 2002 Echézeaux, Domaine Bizot (1 b) (est. $500-750) $2,390
Lot 1489: 2001 Meursault, Domaine d’Auvenay (Leroy) (6 bs) (est. $4,800-7,500) $22,705
Lot 483: 1999 Auxey-Duresses Blanc, Domaine d’Auvenay (Leroy) (4 bs) (est. $2,400-3,500) $10,158
Lot 1488: 2000 Meursault, Chaumes des Perrières, Domaine d’Auvenay (Leroy) (3 bs) (est. $3,500-5,500) $14,340
Lot 1490: 2005 Meursault, Domaine d’Auvenay (Leroy) (4 bs) (est. $4,200-6,500) $16,730
Lot 934: 2009 Nuits-St-Georges, Aux Allots, Domaine Leroy (3 bs) (est. $2,000-3,000) $7,768
Lot 936: 2009 Nuits-St-Georges, Lavières, Domaine Leroy (1 b) (est. $700-1,000) $2,629
Lot 1324: 1970 Château Trotanoy (1 mag) (est. $1,600-2,400) $5,975
Lot 960: 2015 Nuits-St-Georges, Vignerondes, Domaine Leroy (1 b) (est. $900-$1,400) $3,346
Sale Stats: Percent sold by lot: 100% | Total Aggregate: $7,145,216
Low Pre-Sale Estimate: $4,278,490 | High Pre-Sale Estimate: $6,393,780

Upcoming Auctions:
August 12 & 13, 2021
September 24 & 25, 2021
November 6 & 7, 2021

About Hart Davis Hart Wine Co.
Hart Davis Hart Wine Co. is the #1 wine auction house in the U.S. and a leading online retailer, occupying a unique position in the rare wine market. HDH provides unrivaled expertise and personalized service to collectors and the wine trade, offering a broad range of options for buying and selling wine. The company was founded in October 2004 by our team of the most experienced professionals in the wine industry and quickly became a trusted source for rare wine. Today, HDH is helmed by Paul Hart (Chairman & CEO), and Ben Nelson (President). Paul began his career at Christie’s Wine Department and held executive positions at Davis & Company and Sotheby’s. As part of their commitment to superior service, Hart Davis Hart spearheaded the development of their online bidding platform, which is the most sophisticated system of its kind. Released in March of 2015, the mobile app and auction website allow users to place absentee and live bids from anywhere. Hart Davis Hart’s dedication to innovation has made the firm the industry leader in terms of technology, service, and expertise.

For more information visit hdhwine.com

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