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HDH #1 Wine Auction House in US in 2015

Record Breaking December Sale was Largest Wine Auction
of the Year Totaling $9.6M


(December 14, 2015—Chicago, IL) - Hart Davis Hart capped 2015 with its first ever three-day auction held on December 10th, 11th, and 12th. Over the course of seven auctions held this year, HDH garnered $41.48 million, making Hart Davis Hart the largest seller of fine wines at auction in the United States, surpassing their nearest competitor by more than 30%.

CEO Paul Hart commented: “It is extremely gratifying to see results like this. Our team worked hard to bring in the incredible consignments that made this sale possible, harnessing the experience that makes them the best in the industry and makes HDH the #1 auction house in the US.”

The prodigious December auction realized $9.6 million against presale estimates of $6.8–$10.2 million. 99.82% of the 3,395 lots were sold to a record-breaking number of bidders from around the globe. Anchoring this colossal sale was a consignment that comprised one of the most comprehensive collections of fine Burgundy ever to appear at auction (lots 2599-3027). Highlights included 66 lots of Coche-Dury that sold for $435,876 (est. $312,250-463,900), 46 lots of Armand Rousseau that sold for $318,826 (est. $228,350-339,400), and 63 lots of Domaine Raveneau that sold for $205,958 (est. $145,300-217,000). Bidders also competed for an array of Ridge Monte Bello direct from the cellars of winemaking luminary, Paul Draper. This collection totaled $114,087, shattering the high estimate of $81,570. Prized lots from the cellars of Dom Pérignon featuring their late release Champagnes also fared particularly well, with the 15 lots selling for $57,958 (est. $36,200-54,600).

HDH solidified its position as the #1 wine auction house in the U.S with this phenomenal sale, the largest wine auction in the world in 2015. HDH has created the world’s most active, accurate, and efficient marketplace for wine, while maintaining by far the lowest buyer’s premium in the industry. In March of 2015, HDH rolled out a revolutionary new bidding platform for absentee and live bidding, which has been an integral part of every auction since and has dramatically improved the bidding experience. The platform—which is available online and on mobile devices— enables users to bid both prior to the auction and live throughout the sale. In addition, the firm has maintained the industry’s highest sell-through rate, passing only 0.27% of 15,261 lots offered. HDH also had a record number of bidders and buyers in 2015. By offering impeccably sourced wines, reaching global bidders, and providing the best service in the industry, HDH has once again achieved market-leading results.

December Auction Top Lots by Price (inclusive of 19.5% buyer’s premium):
Lot 178: 1990 La Tâche, Domaine de la Romanée-Conti (12 bs) (est. $35,000-55,000) $45,410
Lot 1133: 1982 Château Pétrus (3 dbl-mags (3L)) (est. $35,000-55,000) $41,825
Lot 168: 1971 Romanée-Conti, Domaine de la Romanée-Conti (3 bs) (est. $28,000-42,000) $38,240
Lot 332: 1982 Château Pétrus (12 bs) (est. $28,000-42,000) $38,240
Lot 1305: 1982 Château Pétrus (12 bs) (est. $28,000-42,000) $38,240
Lot 190: 1982 Vosne-Romanée, Cros Parantoux, Henri Jayer (2 mags) (est. $32,000-48,000) $38,240
Lot 169: 1971 Romanée-Conti, Domaine de la Romanée-Conti (1 mag) (est. $22,000-32,000) $31,070
Lot 2796: 2007 Corton-Charlemagne, Coche-Dury (12 bs) (est. $22,000-32,000) $31,070
Lot 329: 1982 Château Lafite Rothschild (12 bs) (est. $24,000-35,000) $31,070
Lot 2773: 2004 Corton-Charlemagne, Coche-Dury (12 bs) (est. $20,000-30,000) $28,680

2015 Top Lots by Price (inclusive of 19.5% buyer’s premium):
Auction 1510, Lot 645: 1982 Château Le Pin (6 mags) (est. $50,000-75,000) $101,575
Auction 1506, Lot 1157: 1993 Romanée-Conti, Domaine de la Romanée-Conti (7 bs) (est. $50,000-75,000) $71,700
Auction 1509, Lot 1506: 1990 Vosne-Romanée, Cros Parantoux, Henri Jayer (8 bs) (est. $55,000-85,000) $65,725
Auction 1506, Lot 1155: 1991 Romanée-Conti, Domaine de la Romanée-Conti (5 bs) (est. $35,000-55,000) $59,750
Auction 1506, Lot 1167: 2006 Romanée-Conti, Domaine de la Romanée-Conti (4 bs) (est. $30,000-45,000) $45,410
Auction 1506, Lot 1166: 2004 Romanée-Conti, Domaine de la Romanée-Conti (4 bs) (est. $28,000-42,000) $45,410
Auction 1512, Lot 178: 1990 La Tâche, Domaine de la Romanée-Conti (12 bs) (est. $35,000-55,000) $45,410
Auction 1502, Lot 1422: 1989 Château Pétrus (12 bs) (est. $32,000-48,000) $41,825
Auction 1505, Lot 1791: 1982 Château Pétrus (12 bs) (est. $32,000-48,000) $41,825
Auction 1512, Lot 1133: 1982 Château Pétrus (3 dbl-mags (3L)) (est. $35,000-55,000) $41,825

Sale Stats: Percent sold by lot: 99.82% | Total Aggregate: $9,640,053
Low Pre-Sale Estimate: $6,840,490 | High Pre-Sale Estimate: $10,217,750

Click here to view the auction results.

 

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