09-04-2011, 04:43 PM #1
Wine Collection Tops $7.6 Million
Last Updated: September 04. 2011 3:47PM.
Lafite-Rothschild 300-bottle wine collection tops $7.6 million auction
Fion Li and Bei Hu/ Bloomberg News
A 300-bottle collection of Chateau Lafite-Rothschild, spanning every year from 1981 to 2005, was the top lot in a two-day Hong Kong auction that raised HK$59.5 million ($7.6 million).
The sale ended Saturday night with 547 lots successful, 96 percent of those offered, according to an emailed statement from London-based auction house Christie's International. The auction was once estimated to raise as much as $8.3 million.
The Lafite-Rothschild's HK$4.2 million ($539,291) price, including fees, made it the most expensive single lot of wine auctioned this year. The 25 cases of the Bordeaux first-growth, said to have been kept in pristine condition, sold to an absentee bidder, described as a Chinese private buyer, on Sept. 3, without a hand raised in the silent room...