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Romanee-Conti Leads Bonhams Hong Kong Wine Auction

1988 Romanee-Conti
A case of Romanee-Conti 1988 Domaine de la Romanee-Conti fetched HK$1.05 million ($135,100) in a Hong Kong auction. The Bonhams auction on Nov. 21 followed sales in the city by Zachys and Acker, Merrall & Condit earlier this month, with the three events fetching a total of $14 million. Source: Bonhams via Bloomberg

A case of Romanee-Conti 1988 Domaine de la Romanee-Conti fetched HK$1.05 million ($135,100) and six bottles of the 1995 sold for HK$511,700 as the Burgundy vintner swept seven of the top eight lots at a Bonhams Hong Kong sale.

The Bonhams auction on Nov. 21 followed sales in the city by Zachys and Acker, Merrall & Condit earlier this month, with the three events raising a total of $14 million.

The focus of Chinese investors has switched to rarer Burgundy vintages from top Bordeaux wines as collectors seek greater variation for their cellars. Three bottles of 2005 Romanee-Conti brought a record HK$541,200 at the Acker sale.

“Burgundy’s been very strong,” John Kapon, Acker’s chief executive officer, said in a telephone interview from New York. “DRC catches a lot of the headlines. It’s a big chunk of the Burgundy market by itself.”

Following are auction results this year from the five biggest houses: New York-based Acker Merrall & Condit Company Inc., Christie’s, based in London, Sotheby’s, with its headquarters in New York, Hart Davis Hart Wine Co. of Chicago and Zachys in White Plains, New York. Internet-only auctions aren’t included.

Links on auction-house names are to results or catalogs on their websites, while those on city names are to post-sale statements where available.

NOVEMBER

Nov. 18:      Christie’s, Hospices de Beaune       $7.53 mln
Nov. 17:      Sotheby’s, New York                  $1.41 mln
Nov. 17:      Zachys, Hong Kong                    $6.25 mln
Nov. 16:      Christie’s, New York                 $1.98 mln
Nov. 16/17:   Zachys, Hong Kong                    $6.25 mln
Nov. 14:      Acker, Merrall & Condit, New York    $4.10 mln
Nov. 14:      Christie’s, Geneva                   $3.88 mln
Nov. 14:      Sotheby’s, London                    $1.42 mln
Nov. 9/10:    Acker, Merrall & Condit, Hong Kong   $6.04 mln
Nov. 8:       Christie’s, London                   $1.92 mln
Nov. 6/7:     Christie’s, Amsterdam                $1.50 mln

OCTOBER:

Oct. 27:      Hart Davis Hart, Chicago             $3.67 mln
Oct. 27:      Sotheby’s, New York                  $2.70 mln
Oct. 26/27:   Zachys, New York                     $4.74 mln
Oct. 24:      Sotheby’s, London                    $2.32 mln
Oct. 20:      Acker, Merrall & Condit, New York    $2.50 mln
Oct. 18:      Christie’s, London                   $0.79 mln
Oct. 13:      Zachys, Hong Kong                    $6.35 mln
Oct. 12:      Christie’s, New York                 $1.50 mln
Oct. 5/6:     Sotheby’s, Hong Kong                 $9.49 mln

SEPTEMBER:

Sept. 28:     Christie’s, Paris                    $2.39 mln
Sept. 27/28:  Zachys, New York                     $5.25 mln
Sept. 21/22:  Acker Merrall & Condit, Hong Kong    $7.97 mln
Sept. 15:     Sotheby’s, New York                  $2.95 mln
Sept. 15:     Hart Davis Hart, Chicago             $3.45 mln
Sept. 12:     Sotheby’s, London                    $2.19 mln
Sept. 8:      Christie’s, Hong Kong                $5.46 mln
Sept. 8:      Acker Merrall & Condit, New York     $3.20 mln
Sept. 7/8:    Zachys, Hong Kong                    $6.69 mln
Sept. 6:      Christie’s, London                   $2.01 mln

JUNE

June 26: Christie’s, Paris $1.22 mln June 23: Acker Merrall & Condit, Hamptons $3.67 mln June 22/23: Hart Davis Hart, Chicago $4.30 mln June 22/23: Zachys, Los Angeles $3.53 mln June 16: Christie’s, Hong Kong $2.16 mln June 15: Christie’s, New York $0.70 mln June 13/14: Sotheby’s, London $2.58 mln June 9: Acker Merrall & Condit, Chicago $2.20 mln June 7: Zachys, New York $2.49 mln June 7: Christie’s, London $1.22 mln

MAY

May 30: Christie’s, Amsterdam $1.36 mln May 25/26: Zachys, Hong Kong $7.42 mln May 26: Christie’s, Hong Kong $2.61 mln May 25/26: Acker Merrall & Condit, Hong Kong $9.14 mln May 19: Acker Merrall & Condit, New York $2.62 mln May 15: Christie’s, Geneva $2.83 mln May 12: Sotheby’s, New York $2.77 mln May 12: Christie’s, New York $1.67 mln May 11/12: Hart Davis Hart, Chicago $3.70 mln May 10: Christie’s, London $1.61 mln APRIL: Apr. 28: Sotheby’s, New York $2.96 mln Apr. 26/27: Zachys, New York $3.93 mln Apr. 21: Christie’s, Hong Kong $4.22 mln Apr. 21: Acker Merrall & Condit, New York $3.60 mln Apr. 18: Sotheby’s, London $1.30 mln Apr. 13: Christie’s, New York $2.38 mln Apr. 1: Sotheby’s, Hong Kong $5.61 mln MARCH: March 31: Sotheby’s, Hong Kong $2.58 mln March 30/31: Acker Merrall & Condit, Hong Kong $7.51 mln March 29/31: Zachys, New York $4.60 mln March 24: Hart Davis Hart, Chicago $3.99 mln March 22: Christie’s, Paris $1.50 mln March 21: Sotheby’s, London $4.38 mln March 8: Christie’s, London. $2.00 mln March 3: Acker Merrall & Condit, New York $3.77 mln FEBRUARY: Feb. 25: Sotheby’s, New York $2.24 mln Feb. 23/24: Zachys, San Francisco $4.62 mln Feb. 23: Christie’s, London $1.37 mln Feb. 22: Sotheby’s, London $1.64 mln Feb. 10: Christie’s, Hong Kong $8.51 mln Feb. 4: Hart Davis Hart, Chicago $3.48 mln JANUARY: Jan. 28: Acker Merrall & Condit, Chicago $1.85 mln Jan. 25: Sotheby’s, London $2.52 mln Jan. 25: Christie’s, New York $1.18 mln Jan. 14: Sotheby’s, Hong Kong $5.67 mln Jan. 13/14: Acker Merrall & Condit, Hong Kong $8.61 mln Jan. 7: Zachys, Hong Kong $4.46 mln

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