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Acker Merrall & Condit New York Wine Auction Totals $3.2 Million

Acker Merrall & Condit said it sold $3.2 million of wine at its New York auction Sept. 8, with a case of 1953 Chateau Lafite-Rothschild selling for $34,400 and 12 bottles of 1962 Leroy Romanee Saint-Vivant fetching $29,520. A case of 1959 Faiveley Musigny also sold for $27,060.

Acker’s next sale is in Hong Kong on Sept. 21 and Sept. 22, featuring Krug and Roederer Cristal Champagne. After Hong Kong’s recent dominance over New York in the wine market, “things are definitely leveling out a bit,” Acker Chief Executive Officer John Kapon said in a phone interview before the weekend sale.

To contact the reporter on this story: Guy Collins in London at guycollins@bloomberg.net

To contact the editor responsible for this story: Peter Torday at ptorday@bloomberg.net

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