Bloomberg News

Wine Auctions Exceed $30 Million This Month Amid Burgundy Demand

September 25, 2012

Wine sales by the world’s five largest auction houses total more than $30 million so far this month amid demand for top Burgundies and as the Liv-ex 100 index rose 0.4 percent in August after declining since February.

The month’s top lots included six magnums of Romanee Conti Domaine de la Romanee Conti 1997 Burgundy, which fetched HK$915,000 ($118,000) at a Zachys Hong Kong sale on Sept. 7.

Following are results of auctions in September and earlier this year by the five biggest houses: Acker Merrall & Condit, Christie’s International, Sotheby’s (BID:US), Hart Davis Hart and Zachys. Internet-only auctions sales aren’t included.

SEPTEMBER:

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                    $2.11 mln
Sept. 8:      Christie’s, Hong Kong                $5.46 mln
Sept. 8:      Acker Merrall & Condit, New York     $3.20 mln
Sept. 7:      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                 $5.62 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

To contact the reporters on the story: Guy Collins in London on guycollins@bloomberg.net


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Companies Mentioned

  • BID
    (Sotheby's)
    • $35.72 USD
    • -0.28
    • -0.78%
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