Acker Merrall & Condit conducted its first wine auction in Hong Kong on May 31, which realized $8.2 million and established new record.

The total was the highest for any wine auction held in Hong Kong to date (the sales was held in the wake of new Hong Kong legislation that abolished all taxes and duties on wine).

Bidding was fiercely competitive for a case of 6 magnums of Château Mouton Rothschild 1945 which fetched HK$1,306,000 (US$167,436) and a case of 12 bottles of Château Mouton Rothschild 1945 sold for HK$1,210,000 (US$155,128).

An exceedingly rare Imperial of Château Lafite Rothschild 1982 realized an astonishing HK$387,200 (US$49,641), well above the pre-sale high estimate.

Another World Auction Record was realized with the sale of a case of 1982 Château Le Pin, which fetched HK$822,800 (US$105,487).

The two large format Champagne lots direct from the cellars of Dom Pérignon also realized World Auction Records.

A Jeroboam of Dom Pérignon Rosé 1996 fetched HK$266,200 (US$34,128) and magnums of Dom Pérignon Oenothèque (vintages 1966, 1973 and 1976) realized HK$726,000 (US$ 93,077), thereby shattering the World Auction Record for any Champagne lot sold at auction.

Source : winespectator / finewine