This monthly Australia's BEST: 6 bottles only $3,600.00 each Order by Contact Us first order first serve.
Penfolds Grange 2002 Last but not least is Australia’s most famous wine, the 2002 Shiraz “Grange”. The 2002 version was sourced from 77.5% Barossa Valley and 22.5% from McLaren Vale. Included in the blen...
November 28th stock - The wines...
2001 Penfold's Grange (RP98) HK$36,720/cs "Australia's most famous wine... 100% Shiraz...It is a big, but impeccably well-balanced Shiraz that should shed some of its structure and tannin over the next 4-5 years, and be at its best between 2010-2030+." RP 2006
1990 Chateau d'Yquem (RP99) HK$25,650/cs of halves
"1990: An extraordinary effort...The wine is massive on the palate, with layers of intensely ripe botrytis-tinged, exceptionally sweet fruit. Surprisingly well-integrated acidity, and a seamless, full-bodied power and richness have created a wine of remarkable harmony and purity. Certainly it is one of the richest Yquems I have ever tasted, with 50-100 years of potential longevity. An awesome Yquem! Anticipated maturity: 2003-2050+." RP 1999
2001 Rene Engel Clos Vougeot Grand Cru (Burghound 92) HK$22,230/cs "Remarkably fine, elegant and pure black fruit aromas that now display a touch of secondary development contrast with big nicely focused and intense, earthy and round flavors that offer excellent length. This has come around quite nicely and has, for my taste, now arrived at its peak and is certainly approachable now with 30 minutes of air. A really lovely and utterly delicious effort - in sum, a Clos de Vougeot of finesse and elegance."BH 2012 drink now++ The wines by the case
Posted: 2011-04-12 16:09:29
Post subject : Hong Kong wine auctions overtake London, New York by James Pomfret, Reuters|12 April 2011
Hong Kong, China: Hong Kong took top slot among the world’s major wine markets at weekend auctions where Sotheby’s sold US$8 million ($11 million) worth of fine wine.
Hong Kong has grown as a wine hub, taking over from London and New York, after the city abolished wine duties.
And auction houses such as Sotheby’s and Christie’s have been pushing Asian buyers for new business as prices drop in the wake of global economic downturn and as luxury spending dwindles.
Sotheby’s said two Hong Kong sales over the weekend of wines from the cellars of two unnamed American collectors fetched US$7.9 million, around 28 percent above the pre-sale high estimate.
“Asian buyers represented 99 percent of buyers in this two-day sale,” said the head of Sotheby’s international wine department Serena Sutcliffe.
“Hong Kong has become Sotheby’s most important wine centre, ahead of very successful auctions in New York and London,” she added in a statement.
The top lot on Sunday was a Chateau Petrus 1982 6-litre Imperial that fetched around US$93,000, a world auction record for that size of Petrus vintage.
Meanwhile, a 12-bottle case of 1995 Domaine de la Romanee-Conti fetched US$93,077 while a case of 2002 Domaine de la Romanee-Conti fetched US$85,000.
Last month, US wine merchant Acker Merrall & Condit sold US$6.4 million worth of fine wine in a Hong Kong sale which Acker’s president John Kapon said indicated Hong Kong’s role as “arguably the fine wine world’s most important market”.
Christie’s said Asian buyers accounted for 61 percent of its global wine sales in New York, London and Hong Kong this spring
up from just 7 percent in 2005.
Of these, buyers from greater China – including Hong Kong, Taiwan and China – grew over 200 percent between fall of last year and this spring.
David Elswood, Christie’s international head of wine, told Reuters that with the US market still weak, its nascent Hong Kong sales were encouraging.
Average lot values of wines sold in Hong Kong were now relatively high at around US$19,000, though sales volumes were not yet up to the West.
But the Asian market for wine was also “in danger of overheating", Elswood said, after 18 months of hyperactivity and instances of inflated prices for top wines paid by overzealous Asian buyers that could be acquired more cheaply in the West.
“It needs to level off,” he told Reuters.
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