Monday, June 1, 2009

The highest total for any series of wine auctions this year

Chris Low: Acker Merrall & Condit’s Second Wine Auction of the Year in Hong Kong realized an impressive total of almost 97% sold and HK$37.5 Million • An Incredibly Rare Lot of 1985 Henri Jayer Richebourg achieves HK$532,400 • The highest total for any series of wine auctions this year.

Hong Kong – Acker Merrall & Condit’s second Finest and Rarest Wine Auction of 2009 was held in Hong Kong May 30th and realizes an impressive total of HK$37.5 Million (US$4.82 Million). Together with its March auction which fetched HK$35 Million (US$4.5 Million), Acker Merrall & Condit’s sales in Hong Kong this year have achieved an impressive total of HK$72.5 Million (US$9.32 Million), the highest total for any series of wine auctions in Hong Kong this year.

This highly successful sale presented an amazing array of over 1,100 lots of the world’s most sought-after wines and champagnes including over 2,000 bottles of Bordeaux, 3,000 bottles of Burgundy and 1,200 bottles of some of the world's finest champagnes.

The competition was intense at the packed auction with wine collectors from around Asia bidding enthusiastically for their dream lots in the saleroom at the Island Shangri-La Hotel. There was particularly active bidding activity over the Internet as well as via absentee bids throughout the sale.

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