CHAVE STILL KING OF THE HILL

Acker’s April HK Auction Generates Nearly HK$70M

Hong Kong - April 24, 2023

Lot 1192: 8 bottles 1990-2010 J.L. Chave Ermitage cuvée Cathelin in OWC
Lot 1051: 12 bottles 2005 DRC La Tache in banded OWC
Lot 612: 3 bottles 2011 D'Auvenay (Leroy) Chevalier Montrachet in OWC​

Three of the Top Lots from Acker’s April HK Auction :
Lot 1192: 8 bottles 1990-2010 J.L. Chave Ermitage cuvée Cathelin in OWC:
Lot 1051: 12 bottles 2005 DRC La Tache in banded OWC:
Lot 612: 3 bottles 2011 D'Auvenay (Leroy) Chevalier Montrachet in OWC

Acker traveled to Hong Kong for the third time in five months to host a robust two-day sale on Friday and Saturday April 21 and 22, realizing nearly HK $70M/US $9M in sales and setting 190 New World Records.  Hong Kong bidders came out in full-force once again, and there was significant interest surrounding an offering direct from the incredible cellars of the king of the hill of Hermitage, Domaine Jean-Louis Chave, as well as featured collections including A Half-Century of Collecting, Electrifying Leroy and d'Auvenay, Two Generations, and The Octogenarian.

Thanks to the Domaine-direct offering from Chave, the Rhone took some of Burgundy’s usual spotlight, claiming one of the Top Ten Lots in the sale.  The highest-priced lot was twelve bottles of 2005 Domaine de la Romanee Conti La Tache in banded OWC, which fetched US $83,871.  This was followed by a twelve-bottle assortment of 1996 DRC in banded custom OWC, which sold for $77,419.  The third and fourth positions went to Red and White Burgundy, with six bottles of 1996 H. Jayer Vosne Romanee Cros Parantoux selling for $70,968 and six bottles of 1998 D’Auvenay Chevalier Montrachet fetching $64,516, respectively.  The fifth position was a tie between a case of 1986 DRC Assortment in custom OWC and an eight-bottle vertical of every vintage ever released of J. L. Chave Ermitage Cuvee Cathelin spanning 1990-2010, both selling for $61,290, the former setting a New World Record and the latter exceeding high estimates.  The Top Ten Lots concluded in a six-way tie at $51,613 including ten bottles of 1994 Domaine Leroy Chambertin, three bottles each D’Auvenay 2000 Chevalier Montrachet, 2011 Chevalier Montrachet in OWC and 2013 Batard Montrachet in OWC, and a case each of 1999 and 2009 Domaine Bizot Echezeaux.

“Being back in Hong Kong regularly is a great feeling again!  We are thrilled with the results of our latest Hong Kong sale, which once again saw a strong showing from local bidders, especially for the wines direct from the cellars of Jean-Louis Chave, the greatest producer of Syrah in the world.  I am looking forward to returning in only a month with another great, Comte Louis Michel Liger-Belair, who is coming for his first time to Hong Kong in four years with another incredible selection direct from his cellars,” commented Acker Chairman John Kapon.  “We also have an estimated US$7M on tap for May 17-18 in Delaware and are still working hard on the June Hong Kong and U.S. sales before heading into summer break.  The market continues to perform at very high levels, so don’t hesitate to contact us to offer some of your collection prior to summer break – there’s still time but not much of it!”

Acker’s auction season continues with a U.S. sale on Wednesday and Thursday, May 17-18, followed by another sale in Hong Kong on Thursday and Friday, June 1-2.  The auction house is currently accepting wines for its June U.S. and Hong Kong sales, and weekly web auctions close every Friday.  For more information, email info@ackerwines.com

Highlights from the April Hong Kong Auction

LOT QTY/FMT WINE PRICE (HKD) PRICE (USD)
12 8 btls 1989 Chateau Haut Brion in owc $150,000 $19,355
20 1 btl 1953 Chateau Lafite Rothschild  $27,500 $3,548
114 1 btl 2006 Domaine Leroy Nuits St. Georges Les Vignerondes $25,000 $3,226
133 1 Jero 1996 J.F. Mugnier Musigny  $110,000 $14,194
137 5 btls 1999 R. Engel Clos Vougeot  $100,000 $12,903
180 6 btls 2015 J.M. Fourrier Chambertin Vieilles Vignes in owc $37,500 $4,839
184 1 Jero 1996 Meo Camuzet Vosne Romanee Aux Brulees $40,000 $5,161
194 6 btls 1996 Domaine Leflaive Puligny Montrachet Les Pucelles $55,000 $7,097
232 1 btl 1899 Chateau Lafite Rothschild  $60,000 $7,742
242 1 btl 2007 D'Auvenay (Leroy) Mazis Chambertin  $60,000 $7,742
262 10 btls 1994 Domaine Leroy Chambertin in owc $400,000 $51,613
276 1 btl 2015 Domaine Leroy Corton Renardes  $47,500 $6,129
299 1 btl 1991 H. Jayer Vosne Romanee  $45,000 $5,806
309 6 btls 1998 D'Auvenay (Leroy) Chevalier Montrachet  $500,000 $64,516
318 1 btl 2007 D'Auvenay (Leroy) Meursault Les Gouttes d'Or $75,000 $9,677
344 6 btls NV Jacques Selosse Ambonnay, Le Bout du Clos in ocb $32,500 $4,194
361 1 btl 1978 A. Rousseau Chambertin  $80,000 $10,323
378 1 Jero 2002 Ramonet Batard Montrachet  $35,000 $4,516
401 1 mag 1947  Chateau La Conseillante  $120,000 $15,484
407 1 dbl mag 1952  Chateau Latour  $200,000 $25,806
440 12 btls 1986 DRC Assortment in banded owc $475,000 $61,290
441 12 btls 1996 DRC Assortment in banded owc $600,000 $77,419
468 1 mag 1986 Domaine Leflaive Batard Montrachet  $70,000 $9,032
474 1 btl 1961 P. Jaboulet Hermitage La Chapelle $130,000 $16,774
612 3 btl 2011 D'Auvenay (Leroy) Chevalier Montrachet in owc $400,000 $51,613
623 12 btls 2002 Salon Vintage Champagne Le Mesnil in owc $130,000 $16,774
660 1 btl 2003 Domaine Leroy Chambertin  $95,000 $12,258
704 3 btls 2005 Domaine Leroy Pommard Les Vignots $80,000 $10,323
714 2 btls 2008 Domaine Leroy Vosne Romanee Les Beaux Monts $75,000 $9,677
728 6 btls 2015 J. Drouhin Chambertin Clos de Beze $27,500 $3,548
737 3 btls 2017 Coche-Dury Meursault  $27,500 $3,548
772 1 dbl mag 2000 Chateau Mouton Rothschild in owc $75,000 $9,677
780 3 btls 2014 DRC Echezeaux  $75,000 $9,677
781 1 mag 2010 DRC Grands Echezeaux in owc $85,000 $10,968
852 1 btl 1962 Comte de Vogue Musigny Vieilles Vignes $130,000 $16,774
905 12 btls 1999 Domaine Bizot Echezeaux  $400,000 $51,613
906 12 btls 2009 Domaine Bizot Echezeaux in ocb $400,000 $51,613
938 3 btls 2013 D'Auvenay (Leroy) Batard Montrachet in owc $400,000 $51,613
1027 12 btls 2000  Chateau Margaux in banded owc $85,000 $10,968
1035 6 btls 2010  Chateau Petrus in banded owc $190,000 $24,516
1051 12 btls 2005 DRC La Tache in banded owc $650,000 $83,871
1063 4 btls 1990 H. Jayer Echezeaux  $325,000 $41,935
1065 6 btls 1996 H. Jayer Vosne Romanee Cros Parantoux $550,000 $70,968
1072 4 btls 1999 H. Jayer for Georges Echezeaux  $225,000 $29,032
1074 1 btl 1959 Maison Leroy Grands Echezeaux  $35,000 $4,516
1158 12 btls 1997 Ornellaia Masseto in owc $120,000 $15,484
1164 1 mag 1997 Tenuta San Guido Sassicaia in owc $11,000 $1,419
1172 3 mags 2018-2020 J.L. Chave St. Joseph Clos Florentin in owc $14,000 $1,806
1184 1 Jero 2009 J.L. Chave Hermitage in owc $35,000 $4,516
1188 1 mag 1979 J.L. Chave Hermitage in owc $50,000 $6,452
1191 3 btls 1991 J.L. Chave Hermitage in owc $75,000 $9,677
1192 8 btls 1990-2010 J.L. Chave Ermitage Cuvee Cathelin in owc $475,000 $61,290
1194 1 mag 2010 J.L. Chave Ermitage Cuvee Cathelin in owc $225,000 $29,032
1197 1 Jero 2003 J.L. Chave Ermitage Cuvee Cathelin in owc $250,000 $32,258
1252 1 btl 1959  Chateau Mouton Rothschild  $40,000 $5,161
1262 4 btls 1995 Dujac Clos de la Roche  $55,000 $7,097
1267 1 mag 1997 H. Jayer Vosne Romanee Cros Parantoux $225,000 $29,032
1275 2 btls 1999 G. Conterno Barolo Monfortino Riserva $35,000 $4,516
1280 1 Imp 1999  Chateau Cos d'Estournel in owc $12,000 $1,548
1285 1 Imp 1990  Chateau Ducru Beaucaillou in owc $17,000 $2,194
1305 1 Imp 2006  Chateau Lynch Bages in owc $15,000 $1,935
1307 1 dbl mag 1989  Chateau Petrus  $250,000 $32,258
1339 3 btls 2000 D'Auvenay (Leroy) Chevalier Montrachet  $400,000 $51,613
1410 6 btls 2010 J.F. Mugnier Bonnes Mares in banded owc $70,000 $9,032

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