HDH Wine

HDH’s 100% Sold May Auction Brings in $9.9 Million

The Dr. Lee Smith Collection Brings in $2.6 Million, Far Surpassing Estimates While Shattering Numerous Records
 

(May 21, 2018 - Chicago, IL) - Hart Davis Hart Wine Co., the internationally renowned wine auction house and retailer, continued its success in 2018 with a tremendous May auction that brought in a total of $9.9 million against pre-sale estimates of $6.1-9.1 million. Held at the iconic Spiaggia restaurant in Chicago, the three-day sale saw 100% of its 2,981 lots sell. These record results were due to the passionate bidding seen throughout the sale from bidders around the globe, bringing 64% of lots to sell above their high estimate.

One of the highlights of the May sale was The Dr. Lee Smith Collection. This consignment featured an array of top producer Burgundy along with classified Bordeaux and top Rhône wines, all with impeccable provenance. With over 3,000 bottles offered in the sale, the consignment garnered $2.6 million against pre-sale estimates of $1.4-2.1 million. Highlights from the collection include 12 bottles of 1990 Clos Saint-Denis, Domaine Dujac which brought in $71,700 (est. $18,000-28,000); 10 bottles of 1990 Bonnes-Mares, Domaine Dujac which sold for $41,825 (est. $16,000-24,000); and 5 bottles of 1990 Chambertin, Domaine Leroy which garnered $38,240 (est. $15,000-22,000).

Red Bordeaux and Red Burgundy continued to see strong results this past weekend. The 792 lots of Red Bordeaux brought in $3.15 million against pre-sale estimates of $2.06-3.08 million. Several highlights include 3 double magnums of 1982 Château Lafite Rothschild which sold for $45,410 (est. $24,000-35,000); 6 magnums of 1982 Château Latour which brought in $33,460 (est. $16,000-24,000); and 12 bottles of 1964 Château Latour à Pomerol which garnered $11,950 (est. $3,500-5,500). The 512 lots of Red Burgundy sold for $3.03 million against pre-sale estimates of $1.6-2.4 million. 12 bottles of 1994 Musigny, Domaine Leroy shattered world records by bringing in $101,575 against pre-sale estimates of $30,000-45,000. Additional Red Burgundy highlights include 12 bottles of 1994 Romanée-St-Vivant, Domaine Leroy which sold for $28,680 (est. $12,000-18,000); 12 bottles of 1990 La Tâche, Domaine de la Romanée-Conti which garnered $89,625 (est. $48,000-75,000); and a 12 bottle 1997 Domaine de la Romanée-Conti Assortment which garnered $35,850 (est. $22,000-32,000).

Additional highlights of the sale included:
• 72 lots of Screaming Eagle sold for $510,145 (est. $328,000-495,300)
• 77 lots of Château Mouton Rothschild sold for $413,051 (est. $277,970-412,930)
• 61 lots of Château Lafite Rothschild sold for $383,714 (est. $242,300-363,180)
• 53 lots of Château Latour sold for $361,607 (est. $234,100-348,450)
• 14 lots of Château Pétrus sold for $266,843 (est. $154,100-234,100)
• 48 lots of Dominus sold for $94,859 (est. $58,300-86,450)
• 59 lots of Domaine de la Romanée-Conti sold for $656,652 (est. $383,650-578,100)
• 31 lots of Domaine Leroy sold for $473,698 (est. $201,900-301,000)
• 27 lots of Domaine Dujac sold for $269,592 (est. $102,950-156,100)

HDH has a proven track record of excellence and continues to exceed its competition in terms of service and technology. Since the firm’s industry-leading bidding app was released in 2015, it has been downloaded by thousands of collectors around the globe. The incredible mobile bidding platform allows for ultimate flexibility, as bidders can place bids on-the-go from anywhere in the world. Download the app today and never miss an HDH auction again.

HDH’s next sale will take place June 22nd & 23rd and will span the gamut of European and New World wine. Hart Davis Hart is always accepting consignments for an upcoming sale. If you are looking to make room in your cellar or are looking to capitalize on the current strength of the wine market by consigning a portion of your collection, please contact our expert consignment team at consignments@hdhwine.com or 312.379.8712.
 

Top Lots by Price (inclusive of 19.5% buyer’s premium):
1494 1994 Musigny, Domaine Leroy (12 bs) $30,000-45,000 $101,575
2313 1990 La Tâche, Domaine de la Romanée-Conti (12 bs) $48,000-75,000 $89,625
2343 1990 Clos Saint-Denis, Domaine Dujac (12 bs) $18,000-28,000 $71,700
2193 1982 Château Lafite Rothschild (3 dbl-mags (3L)) $24,000-35,000 $45,410
2338 1990 Bonnes-Mares, Domaine Dujac (10 bs) $16,000-24,000 $41,825
2454 1990 Clos de la Roche, Domaine Leroy (10 bs) $20,000-30,000 $41,825
2451 1990 Chambertin, Domaine Leroy (5 bs) $15,000-22,000 $38,240
802 1997 Domaine de la Romanée-Conti Assortment, Domaine de la Romanée-Conti (12 bs) $22,000-32,000 $35,850
2561 1996 Chambertin, Armand Rousseau (12 bs) $20,000-30,000 $35,850
134 2000 Groupe Duclot Bordeaux Assortment, Carre d'As (4 dbl-mags (3L)) $28,000-42,000 $33,460
2196 1982 Château Latour (6 mags) $16,000-24,000 $33,460
2342 1990 Clos de la Roche, Domaine Dujac (6 bs) $11,000-17,000 $33,460

 

Top Lots to Exceed Estimates (inclusive of 19.5% buyer’s premium):
1494 1994 Musigny, Domaine Leroy (12 bs) $30,000-45,000 $101,575
2343 1990 Clos Saint-Denis, Domaine Dujac (12 bs) $18,000-28,000 $71,700
2338 1990 Bonnes-Mares, Domaine Dujac (10 bs) $16,000-24,000 $41,825
2342 1990 Clos de la Roche, Domaine Dujac (6 bs) $11,000-17,000 $33,460
2451 1990 Chambertin, Domaine Leroy (5 bs) $15,000-22,000 $38,240
2313 1990 La Tâche, Domaine de la Romanée-Conti (12 bs) $48,000-75,000 $89,625
2460 1990 Richebourg, Domaine Leroy (6 bs) $13,000-19,000 $31,070
2454 1990 Clos de la Roche, Domaine Leroy (10 bs) $20,000-30,000 $41,825
2344 1990 Echézeaux, Domaine Dujac (6 bs) $6,000-9,000 $20,315
2461 1990 Romanée-St-Vivant, Domaine Leroy (5 bs) $8,000-12,000 $22,705
1497 1994 Romanée-St-Vivant, Domaine Leroy (12 bs) $12,000-18,000 $28,680
2193 1982 Château Lafite Rothschild (3 dbl-mags (3L)) $24,000-35,000 $45,410

Sale Stats: Percent sold by lot: 100% | Total Aggregate: $9,954,290
Low Pre-Sale Estimate: $6,079,840 | High Pre-Sale Estimate: $9,093,790

Click here to view the auction results.
 

Auction Calendar
June 22 & 23, 2018
July 20, 2018 (mobile only)
August 17, 2018 (mobile only)