Bordeaux Winebank

Andrew Lloyd Webber Puts Wine Up For Sale In Hong Kong

Many wine collectors are sending their collections to Asia to sell to take advantage of the growing appetite for French wine there. Sir Andrew Lloyd Webber plans to sell off part of his cellar at a Sotheby's auction to take place in Hong Kong on January 22. "I am very happy that Sotheby's is bringing part of my precious wine collection to Hong Kong, particularly given that many wine connoisseurs are now in Asia," he said.

Part of Webber's cellar was sold in London by Sotheby's back in 1997 and took in $6.1 million. The current sale will include lots of 10 cases of the first growths on the 2005 vintage, Petrus 2000, Cheval Blanc 1982, Domaine de la Romanee Conti La Tache, and Domaine Leflaive. Many of the older wines have been cellared at Sydmonton Court, his 16th century home in Berkshire. Newer wines have been kept in professional storage. The sale is estimated to bring in between $2.8 to $4.1 million.

The Andrew Lloyd Webber wine collection represents the first half of a two-day sale that will also feature more wine from Henning Thoresen's Bordeaux Winebank 2000 Collection.

Tags: andrew lloyd webber, bordeaux, bordeaux wine, Bordeaux Winebank, Sothebys International Realty, Wii, wine auction

Sotheby's Wine Auction Achieves Record Results

by Carrie Coolidge (RSS feed) —

Filed under: Wine, Auctions

Jamie Ritchie, auctioneer, presiding over a Sotheby's wine auction.

Sotheby's auction of fine and rare wines including the 2000 Collection on behalf of Bordeaux Winebank on November 13, was a huge success, signaling that the 2000 vintage is living up to its expectations.

Sotheby's sold all but two of the lots for a grand total of $5.4 million, well over the pre-sale estimate of $3.2 million to $4.6 million (estimates do not include the buyer's premium). Bordeaux Winebank's "2000" Collection set six wine auction records.

According to Sotheby's, there was also strong demand for wine from a number of other collections with strong prices for all of the First Growths as well as Burgandy, resulting in 64% of the sold lots achieving prices over the high estimate.

Online bidders were particularly active, with 15% of the lots sold to collectors bidding over the Internet. Nearly half of the lots offered received online bids and 55 people logged onto bid live online, which was the highest ever level of online participation in a Sotheby's Wine auction.

"We were delighted by the success of the sale---the highest value various owner wine sale ever held at Sotheby's New York," says Sotheby's Jamie Ritchie (above), Head of Wine, North America and a Luxist Awards Expert Panelist.

Gallery: Sotheby's Bordeaux Winebank 2000 Collection Auction

Tags: auction, awards-main, bordeaux wine, Bordeaux Winebank, chateau lafite, Chateau Lafite-Rothschild, chateau mouton rothschild, Chateau Petrus, Henning Thoresen, luxist-awards, Petrus, Sothebys, wine

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Sotheby's to Auction Bordeaux Winebank's "2000" Collection

by Carrie Coolidge (RSS feed) —

Filed under: Wine, Auctions

Sotheby's will offer an important selection of the 2000 vintage from Bordeaux Winebank, the company set up by Norwegian businessman Henning Thoresen that specializes in offering Bordeaux with the "Five Star Provenance" system. The sale celebrates the 10th anniversary of the great 2000 vintage.

A selection from the Bordeaux Winebank collection will make up a substantial part of the Finest and Rarest Wines sale on November 13th in New York with 128 lots expected to sell for between $890,500 to $1.3 million in total (not including the buyer's premium).

The auction, which will feature such wines as Chateau Lafite, Chateau Latour, Chateau Mouton Rothschild and Chateau Margaux, is expected to be one of the highest-value various-owner wine sales ever held at Sotheby's New York. The auction will take place at Sotheby's location at 1334 York Avenue at East 72nd Street in Manhattan. Sotheby's Jamie Ritchie, Head of Wine, North America (and a Luxist Awards Expert Panelist), will serve as the lead auctioneer tomorrow in New York (see photo above).

Gallery: Sotheby's Bordeaux Winebank 2000 Collection Auction

Tags: auction, awards-main, Bordeaux, Bordeaux 2000, Bordeaux Winebank, chateau lafite, chateau margaux, chateau mouton rothschild, Jamie Ritchie, luxist-awards, Sothebys, wine