Sotheby’s Hong Kong landmark sale of treasures direct from the legendary Château Lafite has just concluded in Hong Kong with a staggering total of HK$65.5 million / US$8.4 million, tripling the pre-sale high estimate of HK$20 million / US$2.5 million. The sale was 100% sold by value and by lot, adding to the success of Sotheby’s Hong Kong in maintaining the tenth consecutive 100%-sold wine auction in Asia in the last 18 months, the only auction house to achieve this record.
Buying from Asia was extremely strong in this sale with very competitive bidding. Three bottles of Châteaux Lafite-Rothschild 1869 become the world’s most expensive wine sold at auction, achieving HK$1,815,000 / US$232,692 each (estimate HK$40,000-65,000).
Copyright 2010 By Punch In International.