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Latest News

American auctions take $25m in five days

October 30, 2007
By Howard G Goldberg in New York

More than US$25m has changed hands in American auctions in the last few days.

The four major sales in three cities, which have all taken place since 25 October, fetched US$27,551,707 in total October.

The most spectacular sale, Acker Merrall Condit's in New York on 26-27 October, realized US$15,563,359.

Acker had estimated the 1,963-lot cellar, believed to be from a West Coast collector, at US$12,513,220 to US$16,766,270.

At Acker, a case of 1945 Mouton Rothschild fetched US$133,3330. Twelve bottles of A Rousseau's 1962 Chambertin fetched US$108,900. A case of 1961 Lafleur made US$90,750.

An Aulden Cellars/Sotheby's auction that featured magnums and some superlots made US$3,817,428 on 29 October. An Asian buyer forked out US$262,900 for a case of 1990 Romanée-Conti, Domaine de la Romanée-Conti. Another Asian buyer paid US$143,400 for a case of 1989 Romanée-Conti.


In Chicago, Hart Davis Hart grossed US$4,557,300 on 26-27 October. The red-hot house found buyers for all 1,646 lots, the third time in four auctions that it sold 100% of its catalogue.

At Hart, an imperial of 1982 Pétrus fetched US$53,775. An imperial of 1982 Lafite Rothschild brought US$26,290. Two bottles of 1945 Trotanoy reached US$7,767.

And in Los Angeles, NYWines/Christie's sold all 306 lots for US$3,613,620 on 25 October. In back-to-back purchases, US$252,000 was paid for each of two cases of 1990 Romanée-Conti, DRC.

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