Asia is fast registering its presence in the high end auctioning market. Recently, Christie’s held its Hong Kong spring wine auction, which raked in a lot of cash. The wine that brought the highest bids was the “Liquid Gold Collection” from Château d’Yquem. By going under the hammer for a final bid of HK$8 million (US$1,032,336), it has become the most expensive wine ever sold in Asia till date. Though I am sure the record will be broken in the near future.
The total earnings from this auction was about HK$40,292,760 (US$5,173,590), which is pretty decent by Asian standards. 94% of the wines were sold by lot and 93% were sold by value. The star of the show, i.e. the Liquid Gold Collection – Three Centuries of Chateau D’Yquem’, at the ‘Spring auction of Finest and Rarest Wines consisted of 128 wine bottles and 40 magnums, that go back to upto three centuries. Apart from being the most expensive, it was also the biggest collection of Château d’Yquem, to be auctioned till date.
Apart from all this, it also has another distinction; it was the most expensive batch of wines sold by Christie’s worldwide. Other notable bids were 12 bottles of 1984 La Tache for HK$552,000 (US$ 70,877), and 3 bottles of 1990 Romanée-Conti for HK$504,000 (US$ 64,714).