Last weekend at Acker Merrall & Condit’s first Hong Kong auction of 2009, a 1928 Krug set a new world record for the most expensive bottle of Champagne sold at auction.

The 75cl bottle, from the Krug Collection range (the library collection of the renowned Reims Champagne house), fetched 164,560 Hong Kong dollars ($21,100 USD) after several rounds of fierce bidding.

The record was previously held by a Methuselah (6 litre bottle) of Louis Roederer, Cristal Brut 1990, Millenium 2000 that sold in the US for US$17,625 in December 2005.

According to Serena Sutcliffe MW, Champagne expert and the head of rival auction house Sotheby’s, the 1928 Krug is ‘one of the greatest Champagnes ever made’.

The auction realized an impressive total of 35 million HK dollars (4.5 million U.S. dollars) with 96 percent of the over 1, 000 lots sold to buyers from Hong Kong, the Chinese mainland, Taiwan, as well as Japan, South Korea, Singapore, Indonesia, among others.

Source: Decanter –PeopleDaily (Cn)