NEW YORK ANSWERS THE BELL
WITH A RESILIENT $4.5M IN SALES
Three of the top lots in Acker’s April NY Auction:
Lot 858, 859: 1 Jeroboam each 1988 & 1990 Dujac Clos de la Roche in OWC
Lot 653: 12 bottles 1998 Chateau Petrus in OWCs
Lot 954: 2 bottles 2000 Domaine Leroy Musigny
New York, NY – April 6, 2020 – After Hong Kong’s healthy response to Acker’s auction last weekend, its first in Asia since the Covid-19 crisis, New Yorkers answered in kind to Acker’s second “live online” auction in 2020 with a vigorous sale that saw bidders from around the world clamor over lots sold in real-time on the internet. With 119 New World Records set, and $4.5M in sales, the auction demonstrated once more that despite uncertain times, fine wine remains a strong asset class, essential to its lovers. New Yorkers may be stuck at home, but their spirit will not remain inactive as well.
The Top Ten Lots of the auction were dominated by Burgundy’s greatest names, yet twelve bottles of 1998 Chateau Petrus shared the position of Top Lot of the sale, tied with a New World Record set for a single Jeroboam of 1990 Dujac Clos de la Roche, both selling for $43,400. In third place, two bottles of 2000 Domaine Leroy Musigny fetched $32,240. Petrus returned in a tie for fifth, with twelve bottles of the 1999 vintage and three magnums of 1993 Meo-Camuzet Richebourg each realizing $24,800. Six bottles of 1999 A. Rousseau Chambertin outpaced six bottles of 2014 Comte Liger-Belair La Romanee for $22,940 and $22,320 respectively, claiming the sixth and seventh spots. Chateau Petrus took a curtain call once more with another twelve-bottle lot of the 1992 vintage, sharing eighth place with five bottles of 2001 Domaine Leroy Richebourg each achieving $19,840. The Top Ten was rounded out by two magnums of 2005 A. Rousseau Chambertin Clos de Beze, which realized $18,600.
“We are very aware how tough it is out there, how everyone’s life has been changed, and how nearly everyone knows someone directly affected by this terrible crisis. We’re very glad that we can offer wine lovers something to enjoy, something to celebrate, during this difficult time,” said Acker Chairman, John Kapon. “People need their wine more than ever before, and hopefully our auctions and new virtual tastings can continue to provide people an outlet for their passion while we all remain home. Staying home is so important right now, but that doesn’t mean we have to do nothing. It is wonderful to see that demand for fine and rare wine remains healthy, and that people remain engaged. Wine remains something that will always bring people together even if physically apart. I look forward to sharing many glasses with you all online for now and in person very soon.”
The auction season continues for Acker with a “live online” Spirits-only auction in Hong Kong on May 9th and another sale in New York City on May 15th. Acker is always accepting wines for consignment. Weekly web auctions are closing every week. Acker is hosting Virtual Vintage Tastings with John Kapon on Zoom on Mondays and Wednesdays at 8pm ET. For more information, email firstname.lastname@example.org.
Highlights from Acker's April 3rd & 4th New York Auction