According to auctioneer Sotheby’s, a sale of fine wines in Hong Kong in April will fetch up to a record $10 million! In the wake of the success that the bottles of luxury are having in this part of the world, Sotheby’s expects a profit higher than for auction held in January in Hong Kong , where the wine collection of Andrew Lloyd Webber has been sold for $5.6 million.
The sale of almost 11.000 bottles of French wine on April 2 and 3 from a single, anonymous collector, will be the highest-value wine auction ever held at Sotheby’s Hong Kong, a spokesman said. The auction includes a Chateau Lafite 1982 expected to fetch up to $65,000 a case and a case of Romanee-Conti 1990 predicted to go under the hammer for as much as $240,000.
More than 60 per cent of the world’s premier wines are now bought by Asian collectors at Hong Kong auctions. Experts believe Hong Kong residents own nearly a fifth of the world’s rare and fine wines. [Sotheby’s]