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most expensive wine

Large Bottle of Cheval Blanc Sets New Auction Record

Filed under: Wine

cheval blancA massive imperial-size bottle of Cheval Blanc 1947 has set a new world record for a single bottle sold at auction. The bottle (which hold the equivalent of eight standard sized bottles) was found in the secret cellar of a wine collector.

It sold for $304,580 on Tuesday at the fine wine auction at Christie's in Geneva. Just last month the record for the most expensive wine bottle had been set in Hong Kong when three bottles of Châteaux Lafite-Rothschild 1869 sold at a Hong Kong auction by Sotheby's for an astounding hammer price of $232,692 a bottle (the Lafite-Rothschild is still the champ if you are measuring price per milliliter).

[via IB Times]

Most Expensive Wine Sells At Auction In Hong Kong

Filed under: Wine, Auctions

Over the past couple years we've seen wine auction prices in Hong Kong rise and rise. A new level was achieved this week when three bottles of Châteaux Lafite-Rothschild 1869 sold at a Hong Kong auction by Sotheby's for an astounding hammer price of $232,692 a bottle (a total of $698,076). That makes these the most expensive bottles of wine ever sold at auction. The entire sale of treasures direct from the legendary Chateau Lafite brought in a total of $8.4 million, tripling the pre-sale high estimate of $2.5 million. Every lot was sold, adding to the success of Sotheby's Hong Kong in maintaining the tenth consecutive 100%-sold wine auction in Asia in the last 18 months. It is only auction house to achieve this record.

The sale featured 284 lots of Lafite, as well as the other chateaux owned by Domaines Baron de Rothschild, all with direct-from-the-cellar perfect provenance. Before being shipped to Hong Kong, these bottles never left the cellars in which they were placed immediately after being made.

Baron Eric de Rothschild, owner of Chateau Lafite, said: "I am delighted that this unique auction brought Lafite to so many true connoisseurs and wine lovers. Our aim was to open our cellar doors to the friends of Chateau Lafite in Asia so that they could enjoy fabulous vintages in the best possible condition. We are very happy that Sotheby's took Lafite to new heights with this sale and we toast all those followers of Lafite who appreciate the passion with which we make it."

[via The Wealth Report]

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