Monday. 24 January. 2011. 11:14 am
This auction was definitely no phantom.
Whether he’s writing music or selling wine, it seems Andrew Llyod Webber can’t lose.
The auction for his wine collection which took place on Saturday in Hong Kong at the Mandarin Oriental was a smashing success as they might say in the opera community. By the numbers:
- The auction was 6 hours long.
- 100% of the 740 lots were sold.
- Sotheby’s expected HK$32 million, they got HK$43.3 million
- 53% of the buyers bid online.
- 97% of the lots got higher prices than expected. So that’s only 3% of so-so wine and evidence that Andrew has a good nose as well as a good ear.
Another amazing wine auction and some standouts were :
- 12 Bottles of Chateau Petrus 1982: Sold for HK$605,000 on estimates of HK$320-480,000
- 12 bottles of Chateau Lafite 1982: Sold for HK$459,800 on estimates of HK$240-400,000
- 11 bottles of Chateau Petrus 1982: Also sold for HK$459,800 on estimates of HK$280-420,000
Sotheby’s is back in April with more auction action.
Friday. 14 May. 2010. 10:03 am
IFT Hotel Management organises charity event and wine auction.
Organised by IFT Hotel Management Association and David Wong, the Macau Idol Charity Gala Dinner is a fundraising dinner in aid of ”Action Oasis – Giving Mainland Children Schooling Opportunities”, a charity set up to provide financial support to those who cannot afford education in the western provinces of Mainland China.
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Wednesday. 14 October. 2009. 1:56 pm
Here’s a new way to get Hong Kong people into wine: a beauty pageant!
Cyberport is holding its 3-day Wine Festival the last week of October from October 25-27th.
In order to promote wine culture in Hong Kong, Cyberport is going all out with a festive carnival atmosphere, with about 30 different special-style stalls selling vintage wines from different countries. Taking place outdoors from noon till 8pm everyday, enjoy Cyberport’s distinct Hong Kong seaview while tasting some delicious new wines.
Amongst the standard activities such as wine tasting and auctions, Cyberport is going for a whole new audience with its most interesting event – the 1st Wine Angel Contest:
“The First Hong Kong Wine Angel Competition” aims to select modern ladies with great wine knowledge to promote wine culture to the general public in Hong Kong. All contestants will be tested on their wine knowledge and wine serving manner in addition to their elegant catwalk style.
There are actually some great prizes awarded for the top Wine Angel including a modelling contract, HK$20,000 worth of gifts and a chance to be TV programme host. Hong Kong model Rosemary Vandenbroucke will be the chief judge and she has this to say. Other judges include Berry Bros. and Rudd Director Mr K K Mui and Mr Jacky Cheung the President of Wine Association of Hong Kong.
If you have something against beautiful young ladies, other activities include: wine bars, wine kitchen, charity wine auction, wine investment seminar, wine education seminars, live music, and something to remind you that Hallowe’en is just around the corner.
There is a free shuttle to Cyberport for this event which starts on Sunday till Tuesday, and luckily that Monday is the Chung Yeung Festival (重陽節) holiday, so you have time to nurse that hangover should you drink too much. More details can be found at http://wine.cyberport.com
Thursday. 10 September. 2009. 9:59 am
Hong Kong auction winners drinking the wine instead of saving them.
The auctions have always been a place for exciting happenings but the fine wine market has been extremely tantalizing as a place to buy and sell Investment Grade Wines which are a bit reluctant to show up to Hong Kong’s glimmering shores.
This reluctance helps the wines catch a premium price at auctions which may disappoint those who were hoping to take advantage of inaccurate pricing as a result of poor overseas knowledge on wines which have yet to mature. In fact, we are seeing quite the opposite with wine companies like Sotheby’s, Christie’s and Acker Merrill specifically tailoring to the emerging, feverish market.
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Thursday. 30 April. 2009. 12:21 pm
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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