Lafite Sets Auction Wine Record at $230,000 a Bottle
Lafite Sets Auction Wine Record at $230,000 a Bottle
Oct 29, 2010 6
(Bloomberg) -- Three bottles of Chateau Lafite’s 1869 vintage each sold for a record price of HK$1.8 million ($230,000) at a sale in Hong Kong last night, underlining Asia’s dominance of the auction market for trophy label wines.
All three were bought by the same Asian telephone bidder, said Sotheby’s, which offered almost 2,000 bottles of Lafite shipped directly from the cellars of the chateau in Pauillac, near Bordeaux. The 1869s -- the oldest bottles in a range of vintages that spanned 139 years -- were each estimated to sell for between HK$40,000 and HK$60,000, said Sotheby’s
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