Christie’s Chateau Latour Rarities Auction Totals Over HK$59 Million

Vintage 1961 stole the show at a recent Christie’s auction.

Lasting over eight hours, the session held on Saturday May 28, 2011, resulted in the sale of every one of the 329 lots of Rarities that the Cellar of Château Latour has on offer.

This marks a promising start to the Hong Kong spring sales as bidders blew away valuations with 95% of lots exceeding their high estimates.

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Taste 24 Second Wines From Leading Bordeaux Estate at The Sheraton

Sheraton’s Sky Lounge offers second wines via their Enomatic Wine Dispenser till the end of August.

Sheraton’s Sky Lounge is featuring a collection of 24 second growth wines from some of the most prestigious wine estates in the world including Chateau Lafite Rothschild, Chateau Latour, Chateau Margaux, Chateau Haut-Brion, Chateau Mouton-Rotschild, Thermanthia, Dominus Estate and many more. Second wine is the term for second label wine not selected for use in the Gran Vin or first label. Though the wine is from the same winemaker, same vineyard and has gone through similar blending and processes, they’re offered at 50-70% of the price of first label.

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Sotheby’s Kicks Off 2010 with Classic Cellar Wine Auction in Hong Kong

Next big wine auction is set for January 23, 2010.

Sotheby’s will have the honor of hosting the first wine auction of the New Year, which will take place at the Mandarin Oriental in Hong Kong. It will be the fourth installment in the Classic Cellar from A Great American Collection wine auction series. The auction takes place January 23rd.

The event will offer the most valuable wine collection ever provided by Sotheby’s, which includes 840 lots worth HK$28.5 to $40.8 million. Haut Brion 1998, Leoville Lascases 1996 and Lynch Bages 2000 will be offered to participants – bottles which come straight from the Classic Cellar.

Bordeaux Chateaux bottles include 59 lots of Chateau Petrus, 80 lots of Chateau Lafite, 65 lots from Chateau Latour and 78 lots of chateau Margaux. To register for online bidding on auction items, click here.

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Zachys Hong Kong Wine Auction Results

Zachys Hong Kong auction features rare Bordeaux collection.

Zachys returned to Hong Kong for its second auction in the city last Saturday, April 25. The auction reached a staggering sales total of HK$32 million and featured over 760 lots of the world’s finest and rarest wines, including the best of Bordeaux and Burgundy.

Zachys President Jeff Zacharia commented, “We are thrilled to return to Hong Kong for our second auction. There is no doubt in my mind that Asia is emerging as one of the most important wine markets in the world and that Hong Kong is certainly the hub of all of this excitement.”

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Sotheby’s First Wine Auction in Hong Kong A Success

Hong Kong wine hub status on the rise.

Sotheby’s first-ever single-owner wine auction in Asia has been hailed as ‘an outstanding success’.  The auction, which took place April 4 at the Hong Kong Convention and Exhibition Center, fetched a higher-than-expected HK$49.9 million.

The most expensive lot was a 6-liter bottle of 1961 Chateau Latour which went for HK$484,000. According to Serena Sutcliffe, head of Sotheby’s International Wine Department, Asian wine enthusiasts were ‘out in force’ for the sale, with the ten priciest lots being bought by Asian private collectors.

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