FIRST SPRING-SEASON SALE OF FINE & RARE WINES AT CHRISTIE'S EXCEEDS ESTIMATES Christie’s New York sale of Fine & Rare Wines totaled $2,091,780/ £1,376,073/ €1,541,474 and was 94% sold by lot, 98% by value. The top lot was a 4-bottle lot of 1990 Romanée-Conti, which sold for $7
News-Antique.com - Mar 03,2010 - Christie’s New York sale of Fine & Rare Wines last week totaled $2,091,780/ £1,376,073/ €1,541,474 and was 94% sold by lot, 98% by value. The top lot was a 4-bottle lot of 1990 Romanée-Conti, which sold for $78,000/£51,312/€57,480.
Charles Curtis, MW, Head of North American Wine Sales, commented that: “The robust results from the February 27th sale of Fine & Rare Wines demonstrate the continued vigor and growth of this global market. More than double the customary number of bidders participated in this sale, with interest coming in from all quarters of the globe. Clients from Asia and a strong contingent of Internet bidders using Christie’s LIVE™ helped fuel strong results across a very diverse sale that included selections from Champagne, Burgundy, Bordeaux, Italy and beyond. Prices for the top lots continued to reach great heights: $78,000 for four bottles of 1990 Romanée-Conti, $48,000 per case of 1990 La Tâche, and $45,600 per case of Lafite 1982.”
For complete results of the sale, visit http://www.christies.com/results
For information about Christie's Wine Department and upcoming sales, visit http://www.christies.com/departments/wine
Christie’s, the world's leading art business had global auction and private sales in 2008 that totaled £2.8 billion/$5.1 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour.
Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christie’s offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $80 million.
Christie’s has 57 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai and Hong Kong. Christie’s leads the market with initiatives in growing geographic regions as well as categories and value ranges of sales.
Christie's also offers its clients worldwide access to its sales through Christie's LIVE™, its unique, real-time online bidding service.