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Hart Davis Hart Sells 100% of Lots for $3.45 Million, Above High-Estimate

Strongest Bidding In Over Six Months - Prices Up
as HDH Bordeaux Index Turns Positive

  

(September 18, 2012 - Chicago, IL) - Hart Davis Hart launched its Fall season with exceptional results on Saturday, September 15th at award-winning restaurant Tru in Chicago, selling 100% of the lots offered and achieving $3.45 million, above the pre-auction estimate of $2,297,970 to $3,429,640.02. There was a full house of bidders in the dining room, fueling energetic demand for wines in all categories. Buyers from across the country were in attendance, competing throughout the day with bidders participating on the internet and over the phone. Auction bidders represented 36 states, the District of Columbia, and Puerto Rico, as well as Australia, Brazil, Canada, China, Colombia, France, Germany, Hong Kong, Japan, Macau, Malaysia, Mexico, Norway, Russia, Singapore, South Korea, Switzerland, and the United Kingdom.

“This was the most energetic bidding we’ve seen in months. Hammer prices at this auction were stronger than recent results in Hong Kong and New York,” commented CEO Paul Hart.

Bordeaux prices increased with demand across vintages. Six bottles of 1986 Château Mouton Rothschild sold for $10,755 against an estimate of $6,000-$9,000.

Bidding was particularly heated for wines from top Burgundy estates such as Domaine de la Romanée-Conti. A case of 1999 La Tâche Domaine de la Romanée-Conti (6bs) commanded $23,900 against a pre-auction estimate of $13,000-$19,000. Bidding also soared above the high end of the estimate for three bottles of 2004 Montrachet Domaine de la Romanée-Conti that fetched $16,730 against a pre-auction estimate of $8,000–$12,000, while demand for top California and Italian wines rebounded consistently.

Château Trotanoy Consignment Featuring Christian Moueix Visit
Hart Davis Hart Wine Co. recently announced that Christian Moueix, the esteemed owner and winemaker of Château Trotanoy, will offer a Château-direct collection of wines from his acclaimed Pomerol estate in Hart Davis Hart’s October sale. The auction will take place on Saturday, October 27th at TRU Restaurant in Chicago, and will feature a rare and exciting selection of over 250 bottles of Château Trotanoy from the Château’s own cellar.

Highlights of the collection include a variety of rare large formats: 108 magnums, 16 double magnums, 12 imperials, and 3 jeroboams. The wines up for auction include some of the most acclaimed vintages ever produced by Château Trotanoy, such as a full case of the 1966, 3 double magnums of 1982, and 2 imperials of the 2005.

Top Lots by Price (inclusive of 19.5% buyer’s premium):
Lot 183: 2009 Château Pétrus (12 bs) (est. $32,000-48,000) $50,190
Lot 847: 1982 Château Pétrus (12 bs) (est. $28,000-42,000) $45,410
Lots 413, 960: 1982 Château Lafite Rothschild (12 bs) (est. $24,000-35,000) $35,850
Lots 169, 170: 2008 Château Pétrus (12 bs) (est. $24,000-35,000) $28,680
Lot 182: 2009 Château Pétrus (6 bs) (est. $16,000-24,000) $28,680

Top Lots Exceeding High Estimate (inclusive of 19.5% buyer’s premium):
Lot 196: 2004 Montrachet, Domaine de la Romanée-Conti (3 bs) (est. $8,000-12,000) $16,730
Lot 355: 2003 La Tâche, Domaine de la Romanée-Conti (6 bs) (est. $7,500-11,000) $15,535
Lot 1177: 1990 Château d’Yquem (24 hbs) (est. $3,500-5,500) $8,962
Lot 554: 1997 Joseph Phelps Vineyards Red Wine, Insignia (2 dbl-mags (3L)) (est. $1,000-1,500) $3,824
Lot 692: 1993 Vosne-Romanée, Les Suchots, Robert Arnoux (12 bs) (est. $2,200-3,200) $5,736

Percent sold by lot: 100%
Total Aggregate: $3,454,135
Low Pre-Sale Estimate: $2,297,970
High Pre-Sale Estimate: $3,429,640

 

Auction Calendar
October 27, 2012
December 8, 2012