Asian wine buyers snapped up everything Sotheby’s had to offer in their two-day, three-session wine sale this past weekend in Hong Kong. Results were way above the already high expectations as $12.4 million changed hands, substantially more than the high of $9.9 million that Sotheby’s had anticipated. The top seller was a case of Romanee Conti 1990, which sold for $232,692—almost $20,000 a bottle.
Top vintage Burgundies saw the highest prices, particularly the collection of Domaine de la Romanee Conti from vintages spanning seven decades. Fine Bordeaux offerings also sold well at the sale—Sotheby’s 15th consecutive Hong Kong event in which every lot sold. Sotheby’s called the results “triumphant.” In a separate Hong Kong auction on Friday, Sotheby’s sold another $5.1 million in wine from the cellar of an American collector.
Read more at Sotheby’s.