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Hammer prices soar as enthusiastic bidders compete for rare and exceptional wines

(Hong Kong, 19 March 2021) Madison Auction realized a total sale value of over HK$4,000,000 against a low estimate of HK$3,120,000 in our first dedicated online sale in the Year of the Ox.

The sale ran from Friday, 12 March through to Monday, 15 March via Madison Auction’s proprietary online bidding platform. Featuring 170 lots of wonderfully rare wines of exceptional provenance with an estimated value of HK$3,100,000 to HK$4,400,000.
Bordeaux offered solid performance, as usual, accounting for 24% of the sale value, and an average lot price of HK$26,000. Burgundy remains the darling of our bidders, making up 36% of the lots sold, at an average value of HK$35,000 per lot.

Our sale highlight was 3 pristine bottles of 2004 Domaine d’Auvenay’s Chevalier-Montrachet Grand Cru selling at HK$220,550, surpassing the high estimate value.
Domaine Bizot’s star continued its meteoric rise in the sale with 2006 Domaine Bizot Vosne-Romanée Les Jachées selling at HK$10,413 per bottle (est. HK$5,000 – HK$7,000), and a bottle of 2013 Domaine Bizot Marsannay Clos du Roy selling for HK$7,350 against estimates of HK$3,500 – HK$5,000.

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Lot 60 – 2004 Domaine d’Auvenay
Chevalier-Montrachet Grand Cru(3 Bottles)
拍前估值 HK$110,000 – HK$160,000
成交價 HK$220,500
  Lot 125 – 2006 Domaine Bizot
Vosne-Romanée Les Jachées (1 Bottle)
拍前估值 HK$5,000-HK$7,000
成交價HK$10,413
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Lot 139 – 2011 Domaine Leroy Pommard,
Les Vignots (1 Bottle)
拍前估值 HK$6,500 – HK$9,000
成交價 HK$14,700
Lot 10 – 2015 Sine Qua Non
Entre Chien et Loup White (2 Bottles)
拍前估值 HK$2,200 – HK$2,800
成交價 HK$4,900

We, and of course our consignors, were pleased to see lots of the calibre of 1995 Domaine Leroy Richebourg and 2015 Château Angelus hammering around 15% above equivalent lots offered on the international auction circuit in a similar timeframe.

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Lot 27 – 1995 Domaine Leroy Richebourg (1 Bottle)
拍前估值 HK$32,000 – HK$42,000
成交價 HK$51,450
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