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Sotheby’s NY to hold ‘landmark’ Margaux auction

Sotheby’s is set to hold a ‘landmark’ auction of wines from Château Margaux in New York this autumn – the first significant sale of wines from the property’s own cellars.

In all, 239 lots worth an estimated US$1-1.4m will be offered at the auction on 17 October, including single bottles from the celebrated 1900 and 1945 vintages, as well as vertical lots marking the ownership of the Mentzelopoulos family since 1978.

Château Margaux 1900-2010 Direct from the Cellars: A Celebration of the Menzelopoulos Era also includes a special charity lot offering eight people the chance to visit the château.

They will enjoy an in-depth visit to the cellars, as well as a tasting and lunch or dinner, hosted by Corinne Mentzelopoulos and/or Margaux MD Paul Pontallier.

‘Any twinge of sadness I feel with these bottles leaving our cellars is overcome by the pleasure of knowing that they are destined to be enjoyed by Sotheby’s passionate and knowledgeable clients,’ said Mentzelopoulos.

‘This is a truly historic sale, that is only likely to happen once in a lifetime,’ said Jamie Ritchie, CEO, Sotheby’s Wine, Americas & Asia. ‘It provides a complete picture of the Mentzelopoulos era from 1978 to today, with a retrospective of the great vintages back to 1900.’

Highlights of the sale include:
•    One bottle of Margaux 1900 (estimate $10,000-15,000)
•    One bottle of Margaux 1945 (est $3,000-4,000)
•    One bottle of Margaux 1953 (est $2,000-2,800)
•    Vertical 10-bottle and -magnum lots covering the 2000s, 1990s and 1980s
•    Vertical 35-bottle and -magnum lots covering the Mentzelopoulos era (1978-2012)

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