ANOTHER RECORD AUCTION: THE LOTS AUCTIONED AT THE "CELEBRATION OF BURGUNDY", ORGANIZED BY HART DAVIS HART, COLLECTED 5.6 MILLION DOLLARS AND 100% OF THE LOTS SOLD. ROMANÉE-CONTI AND ARMAND ROUSSEAU TOPS

Talking about record auctions, another auction has broken records. It is otherwise difficult to define an auction like "Celebration of Burgundy", organized by the US auction house Hart Davis Hart in Chicago on April 1st at which 100% of the lots sold for a total of 5.6 million US dollars, much higher than the initial estimates of 4.9 million dollars. Much of the credit, as was to be expected, since it is Burgundy, goes to the lots of Romanée-Conti that sold for 2.06 million dollars, and 9 of the 10 top lots plus a case of Montrachet 1989 scored a new record for the category, reaching the price of 77.675 dollars.

Domaine Leroy did very well, too: 120 lots under the hammer earned 724.110 US dollars. The highest bid was 53.775 dollars for 12 bottles of Chambertin 1990. Another 150 lots, however, that came directly from the private collections of Henry Singleton, Lenoir Josey, Norman Alexander, Herbert Bridges Harris and Steven Verlin, sold for a total of 1.9 million US dollars.
“The prestigious collections and stellar quality of the auctioned wines”, commented Hart Davis Hart in a note, “has attracted extraordinary offers and involved the most avid collectors, so much so that 50 lots reached never recorded previously increases. For instance, a case of Chambertin 1990 Armand Rousseau, quoted between 20.000 and 30.000 dollars, sold for 38.240 dollars, or, three Magnums of Bonnes-Mares 1990 George Roumier, quoted at a maximum of 22.000 dollars, sold instead for 28.000 dollars and further, three bottles of Corton-Charlemagne 1992 Coche-Dury, estimated at maximum 9.000 dollars were auctioned at 14.340 dollars”.