NEW YORK--()--Continuing the momentum established during September in its NYC and Hong Kong sales, Acker Merrall & Condit, the world’s premier wine auction house, announced that its October New York City auction also generated strong results. An Acker Merrall tradition of offering a distinctive Fall sale in NYC was once again very successful. It was an auction that combined the rare and collectible wines the company is famous for, with great mixed lots of superb wines from around the world ready to be opened and drunk now and to celebrate the holidays around the world. Over $2.5 million and 96% of the lots offered were sold during an energetic and lively session at Marea, one of Manhattan’s top restaurants.
Bordeaux continued its post-summer momentum with three of its most famous wines capturing the top 3 lots of the auction. An original wood case of 6 bottles of 2008 Petrus sold for $17,720. followed by two other famous Bordeaux that were sold for the same price of $17,720 – a rare original wood 12 bottle case of 1928 La Mission Haut Brion and 12 bottles of the great 1989 Haut Brion in OWC. Renewed demand for the top Bordeaux, demand that Acker Merrall experienced during its September auctions in NYC and Hong Kong, was present again on Saturday.
Great Burgundy remained very strong, taking thirteen of Saturday’s top twenty-five lots. Legendary vineyards and great winemakers rose to the fore: 6 bottles of 2009 La Romanee from Comte Liger-Belair, sold for $15,990 and was the fourth highest selling lot on Saturday. Tied for fifth, almost shoulder to shoulder with La Romanee - something true geographically as well - were two recent legends from Romanee-Conti, the 2005 and 2009, a bottle of each selling as separate lots for $14,760. Mugnier, Jayer, DRC’s La Tache and Montrachet, Lafite Rothschild, Mouton Rothschild, Giacomo Conterno, Quintarelli and a vertical lot of one of California’s great cabernets, the Schrader Old Sparky, completed the producers who cracked the sale’s ‘Top 25.’
In many ways, these famous names and the great vineyards from the successful Saturday auction were just a snapshot, a preview of the four far larger auctions to be held in November and December in Hong Kong and NYC. But the scale will be very different compared to this past Saturday’s success. Acker Merrall will offer hundreds of original wood cases and feature some of the world’s greatest collections in both New York and Hong Kong, beginning on November 9th-10th in HK and followed by what is sure to be a memorable evening sale at Ciano on November 14th. These sales will be a fantastic opportunity for wine collectors and lovers to close out 2012 and celebrate the New Year in style. Together with December’s anticipated auctions in NY and Hong Kong, the next four auctions in advance of 2013 will represent close to US$20 million in sales.
“Saturday was my kind of auction,” said Acker Merrall & Condit’s CEO, John Kapon. “We offered great, great wines. As always, we had the best of the best that our clients around the world expect to see in every Acker Merrall sale, but we also offered incredible wines in lots that were made for drinking now. Superb wines from some of the world’s top winemakers and vineyards that any collector, and any wine lover, can open and enjoy. We had fun, our clients did too – the results show how true that is. I am truly excited for what’s to come in November and December and to end the year on a high note. Hong Kong and NYC will be packed with great wines and formats that rarely come to auction. There are too many highlights to name. Hey, get a catalog, better yet catalogs – and take a look. I can’t wait to head off to Hong Kong next week for the next one!”
Acker Merrall’s last four 2012 auctions are scheduled as follows:
November 9-10 in Hong Kong
November 14 in New York City
December 7-8 in Hong Kong
December 19 in New York City
About Acker Merrall & Condit
Founded in 1820, Acker Merrall & Condit is America’s oldest fine wine merchant and the world’s largest wine auction house. With affiliates in New York, Chicago and Hong Kong, the companies hold more than fifteen auctions a year, including Internet auctions. They are devoted to helping their customers buy and sell the best wines, and also to sharing with them the experience of enjoying wine. In recent years, the company has greatly expanded its services to education, tastings and the formation of wine clubs. Starting out as a family business, three generations of the Kapon family have been dedicated to bringing the best from the vine to their customers.