HDH Wine

Hart Davis Hart Dominates US Wine Auction Market in 2018 With $77 Million Sold, Live Auctions Up 39% 

Chicago Based Auction House Sets Hart Davis Hart Record with $67.9 Million in Live Auction Sales and $9.2 million in Mobile-Only Auctions 

(December 17, 2018 - Chicago, IL) - Hart Davis Hart concluded a record-breaking 2018 with a massive three-day Auction of Finest & Rarest Wines held on December 13th, 14th, and 15th. The sale brought HDH's live auction totals to a record $67.9 million. This makes Hart Davis Hart the largest seller of fine wines at auction in the United States and 2018 the most successful year in the company's history. Over the course of the year, HDH realized the highest prices in the industry while maintaining a 100% sell-through rate. The Chicago based wine auction house has been the US market leader since 2010 and continues to push boundaries and raise the market standard.

CEO Paul Hart commented: “2018 has been the most successful year for us and we are incredibly grateful to our bidders and consignors who have helped make that possible. The fine wine market is strong and growing, and we are honored to be leading auction house in the U.S. for another year.”

HDH’s December sale saw a record number of bidders spanning four continents. Selling 100% of the 3,377 lots, their final auction of 2018 realized $11,385,841 against presale estimates of $7.5-11.2 million, with over 54% of all lots meeting or exceeding their high-estimates. Red and White Burgundy performed well, realizing $6.2 million against presale estimates of $4.1-6.1 million. Highlights included 6 bottles of 1990 Vosne-Romanée, Cros Parantoux, Henri Jayer which sold for $77,675 (est. $50,000-75,000); 6 bottles of 1995 Romanée-Conti, Domaine de la Romanée-Conti which brought in $95,600 (est. $60,000-90,000); 6 magnums of 1996 Chambertin, Armand Rousseau which garnered $59,750 (est. $32,000-48,000); and 6 bottles of 2015 La Tâche, Domaine de la Romanée-Conti which sold for $45,410 (est. $17,000-26,000).

HDH also saw strong prices with Red Bordeaux, California Cabernet Sauvignon, and Italian wines. Some highlights included 12 bottles of 1985 Sassicaia, Tenuta San Guido which sold for $26,290 (est. $15,000-22,000); 12 bottles of 1990 Château Angelus which garnered $10,755 (est. $4,200-6,500); and 6 bottles of 2001 Harlan Estate Red Wine which brought in $10,157 (est. $4,500-6,500).

HDH emphasized its position as the #1 wine auction house in the U.S. with this phenomenal sale. In addition, the firm achieved the industry’s highest sell-through rate – not one of the 19,548 lots offered this year was passed. The company brought internet auctions to the next level with ground breaking mobile auctions powered by their industry-best online and mobile bidding platform. Mobile auctions at HDH are now the most dynamic and exciting way to sell wines online. By offering impeccably sourced wines, reaching global bidders, and providing the best service in the industry, HDH has once again achieved market-leading results.

 

Top Lots by Price (inclusive of 19.5% buyer’s premium):
 1598 1995 Romanée-Conti, Domaine de la Romanée-Conti (6 bs)  $60,000-90,000  $95,600
 2906 1990 Vosne-Romanée, Cros Parantoux, Henri Jayer (6 bs)  $50,000-75,000  $77,675
 780 1996 Chambertin, Armand Rousseau (6 mags)  $32,000-48,000  $59,750 
 2924 2015 Romanée-Conti, Domaine de la Romanée-Conti (3 bs)  $35,000-55,000  $59,750 
 2529 1995 Bonnes-Mares, Georges Roumier (12 bs)  $32,000-48,000  $53,775
 2699 2007 Romanée-St-Vivant, Domaine Leroy (12 bs)  $26,000-38,000  $53,775
 2764 2010 Romanée-Conti, Domaine de la Romanée-Conti (3 bs)  $35,000-55,000  $53,775
 1561 1995 Richebourg, Domaine Leroy (12 bs)  $38,000-55,000  $50,190
 1582 1995 Echézeaux, Henri Jayer for Georges Jayer (12 bs)  $35,000-55,000  $47,800
 71 2001 Domaine de la Romanée-Conti Assortment, Domaine de la Romanée-Conti (12 bs)  $28,000-42,000  $45,410
 2925 2015 La Tâche, Domaine de la Romanée-Conti (6 bs)  $17,000-26,000  $45,410
 2518 2000 Romanée-Conti, Domaine de la Romanée-Conti (3 bs)  $30,000-45,000  $45,410
 1605 1995 La Tâche, Domaine de la Romanée-Conti (12 bs)  $32,000-48,000  $45,410

 

Top Lots to Exceed Estimates (inclusive of 19.5% buyer’s premium):
 2925 2015 La Tâche, Domaine de la Romanée-Conti (6 bs)  $17,000-26,000  $45,410
 2699 2007 Romanée-St-Vivant, Domaine Leroy (12 bs)  $26,000-38,000  $53,775
 780 1996 Chambertin, Armand Rousseau (6 mags)  $32,000-48,000  $59,750
 2877 2015 La Romanée, Comte Liger-Belair (3 bs)  $11,000-17,000  $28,680
 3231 1971 Clos de la Roche, Domaine Dujac (3 bs)  $3,500-5,500  $16,730
 49 1990 Barolo Riserva, Brunate, Giuseppe Rinaldi (12 bs)  $4,200-6,500  $14,340
 1600 1995 Romanée-St-Vivant, Sylvain Cathiard (12 bs)  $2,400-3,500  $10,157
 3267 1969 Chambertin, Domaine Trapet (6 bs)  $1,200-1,800  $8,365
 2406 2007 La Tâche, Domaine de la Romanée-Conti (1 jeroboam (3L))  $10,000-15,000  $21,510
 1848 1942 La Tâche, Domaine de la Romanée-Conti (1 b)  $3,500-5,500  $11,352

Sale Stats: Percent sold by lot: 100% | Total Aggregate: $11,385,841
Low Pre-Sale Estimate: $7,507,820 | High Pre-Sale Estimate: $11,212,910

Click here to view the auction results.
 

Auction Calendar
January 17 & 18, 2019 (mobile-only)
February 16, 2019
March 15, 2019 (mobile-only)