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Largest Bordeaux Auction in the World Brings in
Over $6.3 Million with 100% of Lots Sold

6 Magnums of 1982 Le Pin Realize over $100,000

(November 2, 2015—Chicago, IL) - Hart Davis Hart Wine Co. saw record breaking results at its annual Celebration of Bordeaux auction this weekend with a total of over $6.3 million in sales against presale estimates of $4.4 - $6.7 million. Hundreds of bidders from around the globe participated and their aggressive bids drove more than 80% of the 1992 lots to sell above their midpoint estimates. Bidders clamored over the remarkable treasures in this sale such as an exceedingly rare case of 1982 Le Pin magnums which shattered the high estimate, achieving $101,575 (est. $50,000-75,000). These robust results brought Hart Davis Hart’s live auction sales total to an incredible $31 million so far in 2015, solidifying their position as the largest wine auction house in the U.S.

The two-day auction featured an astounding array of Bordeaux from more than 140 châteaux spanning 62 vintages. The sale began with the most impressive array of château-direct consignments ever to be offered at auction including parcels from, Mouton Rothschild, La Mission Haut-Brion, and and—for the first time in the estate’s vaunted history—Léoville-Las-Cases. Mature vintages from these celebrated estates achieved particularly strong results including six bottles of 1976 Château Montrose that sold for $1,553 (est. $600-900), two cases of magnums of 2000 Château Lynch-Bages that each sold for $3,585 (est. $2,000-3,000), and a bottle of 1959 Château Léoville-Las-Cases that sold for $1,912 (est. $1,000-1,500). The crowning jewel of the château-direct lots was a vertical assortment of La Mission Haut-Brion which was comprised of twelve benchmark vintages from the venerable estate: 1955, 1959, 1961, 1975, 1982, 1989, 1990, 1998, 2005, 2006, 2009, and 2010. In sum, the 24 château-direct consignments brought in a total of $810,281 (est. $577,510-863,490).

In addition to the breathtaking assortment of wines direct from the cellars of top Châteaux, the October auction included consignments from some of the finest private Bordeaux collections in the world. Hart Davis Hart was honored to offer the first installment of The Wine Collection of the Late Josué V. Harari (lots 315-611). This immaculate offering, which totaled over $751,000 was an introduction to Mr. Harari’s impeccable collection which will continue to be sold in the coming years. There was also vigorous competition for rarities from other impressive private cellars, including six bottles of 1982 Château Lafleur that sold for $28,680 (est. $18,000-28,000), three bottles of 1947 Château Cheval Blanc that sold for $21,150 (est. $13,000-19,000), and three magnums of 2000 Château Pétrus that sold for $23,900 (est. $16,000-24,000). These strong hammer prices indicate that the Bordeaux market is on the rise.

Other impressive highlights included:
• 141 lots from the 1982 vintages sold for $868,167 (pre-sale est. $619,350-923,550)
• 221 lots from the 2000 vintages sold for $1,009,105 (pre-sale est. $708,970-1,058,830)
• 324 lots from the 2005 vintages sold for $811,500 (pre-sale est. $528,050-789,580)
• 480 lots of First Growth Red Bordeaux spanning 46 vintages sold for $2.5 million (pre-sale est. $1,823,350-2,730,130)
• 61 lots of Pétrus sold for $649,175 (pre-sale est. $517,350-776,200)
• 123 lots of Mouton Rothschild sold for $674,936 (pre-sale est. $494,600-737,150)
• 102 lots of Lafite Rothschild sold for $669,439 (pre-sale est. $487,200-731,200)
• 97 lots of Latour sold for $474,654 (pre-sale est. $338,400-506,900)
• 90 lots of Margaux sold for $448,184 (pre-sale est. $323,850-486,200)
• 131 lots of Léoville-Las-Cases sold for $439,341 (pre-sale est. $310,010-461,050

As the #1 wine auction house in the US for the past four years, HDH has a proven track record of excellence, and continues to exceed its competition in terms of market share and sell-through rate. HDH’s next sale will take place on December 11th and 12th and will feature the finest and rarest wines from around the globe. Bidders can participate by joining us in the auction room in Chicago or by utilizing HDH’s groundbreaking online bidding platform and mobile app.

Top Lots by Price (inclusive of 19.5% buyer’s premium):
Lot 645: 1982 Château Le Pin (6 mags) (est. $50,000-75,000) $101,575
Lot 951: 1989 Château Pétrus (12 bs) (est. $28,000-42,000) $38,240
Lot 1042: 2000 Château Le Pin (12 bs) (est. $24,000-35,000) $38,240
Lot 1457: 1982 Château Pétrus (12 bs) (est. $32,000-48,000) $38,240
Lot 1456: 1982 Château Pétrus (12 bs) (est. $32,000-48,000) $33,460
Lot 682: 1982 Château Lafite Rothschild (12 bs) (est. $20,000-30,000) $28,680
Lot 1452: 1982 Château Lafite Rothschild (12 bs) (est. $20,000-30,000) $28,680
Lot 1814: 1982 Château Lafite Rothschild (12 bs) (est. $20,000-30,000) $28,680
Lot 744: 1982 Château Lafleur (6 bs) (est. $18,000-28,000) $28,680
Lot 1030: 1995 Château Pétrus (12 bs) (est. $20,000-30,000) $26,290

Top Lots to Exceed Estimates (inclusive of 19.5% buyer’s premium):
Lot 645: 1982 Château Le Pin (6 mags) (est. $50,000-75,000) $101,575
Lot 70: Château La Mission Haut Brion Vertical Assortment (12 bs) (est. $12,000-18,000) $23,900
Lot 403: 2005 Château Ausone (6 mags) (est. $6,500-9,500) $13,145
Lot 1042: 2000 Château Le Pin (12 bs) (est. $24,000-35,000) $38,240
Lot 710: 1989 Château Haut-Brion (6 mags) (est. $10,000-15,000) $17,925
Lot 672: 1928 Château Cheval Blanc (2 bs) (est. $2,200-3,200) $5,736
Lot 673: 1947 Château Cheval Blanc (3 bs) (est. $13,000-19,000) $21,510
Lot 1094: 2005 Château Ausone (12 bs) (est. $6,500-9,500) $11,950
Lot 127: 1986 Château Léoville-Las-Cases (12 bs) (est. $3,200-4,800) $7,170
Lot 129: 1986 Château Léoville-Las-Cases (12 bs) (est. $3,200-4,800) $7,17

Sale Stats: Percent sold by lot: 100% | Total Aggregate: $6,375,576
Low Pre-Sale Estimate: $4,493,380 | High Pre-Sale Estimate: $6,724,480

 

Auction Calendar
December 10, 11 & 12, 2015
February 20, 2016
April 2, 2016