Thursday, July 21, 2011

I have the perfect decanter...

BEVERLY HILLS, CA.- A case of Chateau Lafite Rothschild 1982, Pauillac, brought $50,788 to lead the day in the joint Heritage Auctions and Greg Martin Auctions $2.7+ million June 16 Signature® Wine Auction, held at the company’s Beverly Hills offices and simulcast live to Hong Kong. “Good results across the board,” said Frank Martell, Heritage’s Director of Fine and Rare Wine. “Collectors responded to this wonderful grouping of wines and with enthusiastic bids on both sides of the Pacific.”

All told, more than 260 bidders vied for 768 total lots, translating into a 96% sell-through rate by total value.

Following the top lot was a fine 11-bottle lot of Chateau Petrus 2000, Pomerol, which showed considerable spirit at a $46,555 final price realized, while a case of late release Musigny 1949, Leroy , realized $35,850.

Chateau Lafite Rothschild 2000 , Pauillac saw an impressive run in the auction, providing fully four of the top 10 lots in the auction, starting with a case of the vintage that realized $31,070 with another two cases following that one at $29,875, respectively. The final Chateau Lafite Rothschild 2000 in the grouping was 24 half bottles, which realized $23,900.

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