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Largest Bordeaux Auction in the World Brings in
Over $6.5 Million with 100% of Lots Sold

 

(November 7, 2016 - Chicago, IL) - Hart Davis Hart Wine Co. saw record results at its annual Celebration of Bordeaux auction this weekend with a total of over $6.5 million in sales against presale estimates of $4.3 - $6.5 million. Hundreds of bidders from around the globe participated and their aggressive bids drove more than 50% of the 1,975 lots to sell above their high estimates. Bidders clamored over the remarkable treasures in this sale such as an exceedingly rare case of 1961 Château Palmer, which shattered the high estimate, achieving $53,775 (lot 1267, est. $20,000-30,000). These robust results drove Hart Davis Hart’s live auction sales total to over $38 million so far in 2016, 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 130 châteaux spanning 59 vintages. Several impressive private collections came across the auction block this weekend, most notably An Exceptional Sea Island Collection (lots 217-348) and A Cellar of Legendary Wines with Important Provenance (lots 1221-1366). Mature vintages from these collections were of particular interest to bidders. Twelve bottles of 1989 Château Haut-Brion brought in $21,510 (lot 293, est. $13,000-19,000), a full case of 1959 Château Haut-Brion garnered $47,800 (lot 1244, est. $22,000-32,000, and six magnums of 1982 Château Lafleur sold for $59,750 (lot 297, est. $40,000-60,000). The sale also featured installments from The Fox Cellar and the Josue V. Harari Collection.

In addition to these remarkable private collections, the November auction featured wines direct from the cellars of top châteaux including Haut-Bailly, Léoville Las Cases, Mouton Rothschild, Montrose, and Pichon-Longueville, Lalande. Large format bottlings from these celebrated estates achieved particularly strong results. Highlights from these parcels were six magnums of 2005 Château Mouton Rothschild which sold for $9,560 (est. $6,500-9,500) and an imperial of 2009 Château Montrose which sold for $3,585 (est. $2,200-3,200).

Other impressive highlights included:
• 108 lots from the 1982 vintages sold for $600,488 (pre-sale est. $411,470-611,380)
• 236 lots from the 2000 vintages sold for $735,881 (pre-sale est. $503,640-750,540)
• 212 lots from the 2005 vintages sold for $582,085 (pre-sale est. $390,930-583,160)
• 502 lots of First Growth Red Bordeaux spanning 54 vintages sold for $2.6 million (pre-sale est. $1,829,790-2,729,840)
• 156 lots of Mouton Rothschild sold for $782,283 (pre-sale est. $538,050-800,360)
• 55 lots of Pétrus sold for $600,488 (pre-sale est. $409,800-608,250)
• 90 lots of Lafite Rothschild sold for $562,869 (pre-sale est. $390,900-585,350)
• 84 lots of Latour sold for $498,554 (pre-sale est. $345,360-519,400)
• 84 lots of Haut-Brion sold for $459,621 (pre-sale est. $291,550-325,900)
• 88 lots of Margaux sold for $393,215 (pre-sale est. $263,680-391,250)

As the #1 wine auction house in the U.S. for the past five 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 15th, 16th and 17th 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):
1297 1982 Château Lafleur (6 mags) $40,000-60,000 $59,750
1258 1961 Château Pétrus (6 bs) $32,000-48,000 $57,360
1267 1961 Château Palmer (12 bs) $20,000-30,000 $53,775
1244 1959 Château Haut-Brion (12 bs) $22,000-32,000 $47,800
1243 1955 Château La Mission Haut-Brion (10 bs) $20,000-30,000 $45,410
1288 1982 Château Pétrus (12 bs) $28,000-42,000 $41,825
1253 1961 Château Latour (12 bs) $32,000-48,000 $41,825
1315 1989 Château Pétrus (12 bs) $32,000-48,000 $41,825
1250 1959 Château Mouton Rothschild (12 bs) $22,000-32,000 $38,240
59 2000 Château Pétrus (1 imp (6L)) $26,000-38,000 $38,240

 

Top Lots to Exceed Estimates (inclusive of 19.5% buyer’s premium):
1267 1961 Château Palmer (12 bs) $20,000-30,000 $53,775
1244 1959 Château Haut-Brion (12 bs) $22,000-32,000 $47,800
1243 1955 Château La Mission Haut-Brion (10 bs) $20,000-30,000 $45,410
1258 1961 Château Pétrus (6 bs) $32,000-48,000 $57,360
1264 1961 Château La Mission Haut-Brion (6 bs) $15,000-22,000 $31,070
1254 1961 Château Margaux (12 bs) $9,500-14,000 $22,705
1257 1961 Château Pétrus (3 bs) $16,000-24,000 $31,070
1256 1961 Château Mouton Rothschild (8 bs) $10,000-14,000 $20,315
1250 1959 Château Mouton Rothschild (12 bs) $22,000-32,000 $38,240
73 2005 Château Pétrus (12 bs) $22,000-32,000 $35,850

Sale Stats: Percent sold by lot: 100% | Total Aggregate: $6,508,830
Low Pre-Sale Estimate: $4,364,630 | High Pre-Sale Estimate: $6,503,370

Click here to view the auction results.

Auction Calendar
December 15, 16 & 17, 2016
February 11, 2017
April 1, 2017