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Hart Davis Hart Sells 100% of Lots for $3.6 Million As Wines
From The Cellar of NHL Star Mario Lemieux Soar Above Estimates

Active bidding online, global participation, strong demand.

  

(October 27, 2009 - Chicago, IL) - Bidding at Hart Davis Hart remained strong this weekend as an auction of fine & rare wines brought $3,605,398 against a pre-sale estimate of $2,181,630 - $3,259,730. A selection of rare Bordeaux from the cellar of Hockey Hall of Famer Mario Lemieux brought intense bidding. Twelve lots of 2000 Château Cheval Blanc estimated at $68,000-$102,000 brought in an aggregate of $123,683. Overall Mr. Lemieux's collection brought $639,122 against a pre-sale estimate of $382,700-$571,350.

Château Lafite-Rothschild remained in strong demand, with the 1982 vintage achieving $38,850 per case and the 2000 vintage achieving $21,510 per case. The 89 lots of Château Lafite on offer were estimated at $415,500- $622,600 and achieved an aggregate of $717,239. The auction featured a broad selection of 2000 Bordeaux, all of which attracted spirited bidding. Californian wines performed remarkably well, with lots of Abreu, Harlan Estate, Paul Hobbs, Scarecrow, Sloan, and Bond hammering over the high estimate.

Eager bidders participated from 42 states and the District of Columbia as well as Brazil, Canada, China, France, Germany, Iceland, Japan, Mexico, the Philippines, Puerto Rico, South Korea, Spain, the United Kingdom, and Venezuela. A number of collectors bid live over the internet and by telephone, helping Hart Davis Hart attain a 100% sold rate once again.

"We continue to see an increase in US and global demand," commented CEO Paul Hart. "Today's auction is a strong indicator that the rare wine market is thriving, with many prices restored to pre-recession levels."

Top Ten Lots (inclusive of 19.5% buyer's premium):
Lot 1020: 1990 Domaine de la Romanée-Conti Assortment (12 bs) $38,240 (est. $24000-$35000)
Lot 230: 1982 Château Lafite Rothschild (12 bs) $35,850 (est. $24000-35000)
Lot 996: 1982 Château Lafite Rothschild (12 bs) $35,850 (est. $24000-35000)
Lot 3: 1982 Château Lafite Rothschild (12 bs) $33,460 (est. $24000-35000)
Lot 211: 1990 Domaine de la Romanée-Conti Assortment (12 bs) $32,265 (est. $24000-35000)
Lot 276: 2000 Château Lafite Rothschild (12 bs) $21,510 (est. $12000-$18000)
Lot 75: 2000 Château Lafite Rothschild (12 bs) $20,315 (est. $12000-$18000)
Lot 202: 2000 Château Lafite Rothschild (12 bs) $20,315 (est. $12000-$18000)
Lot 326: 2000 Château Lafite Rothschild (12 bs) $20,315 (est. $12000-$18000)
Lot 887: 2005 La Tâche Domaine de la Romanée-Conti (6 bs) $20,315 (est. $12000-$18000)

Total aggregate: $3,605,398
Percent sold by lot: 100%

 

2009 / 2010 Auction Calendar
The next Hart Davis Hart auction will be a highly impressive single-owner sale on December 5 in Chicago.
January 30, 2010
March 20, 2010