As predicted, last week’s auction was our largest of 2022, commanding a total of $12,334,742 and easily surpassing the pre-sale low estimate of $9,047,820. The sale achieved a strong 99.9% sell-through rate over 2019 lots. Burgundy continues to command the highest hammers, while Bordeaux and Champagne also remain near historic highs. The finest producers from Italy and California made strong showings, frequently receiving a flurry of competitive live bids.
Highlights from December’s An Auction of Finest & Rarest Wines
All prices shown inclusive of 19.5% buyer’s premium, the lowest in the industry
Lot 10: 1982 Château Latour (12 bs) (est. $13,000-19,000) $28,680
Lot 31: 1974 Heitz Cellar Cabernet Sauvignon, Martha’s Vineyard (4 bs) (est. $7,000-10,000) $14,340
Lot 63: 2002 Puligny-Montrachet, En la Richarde Domaine d’Auvenay (Leroy) (2 bs) (est. $3,000-4,500) $10,157
Lot 187: 1999 Musigny, Vieilles Vignes Comte Georges de Vogüé (6 bs) (est. $4,500-6,500) $8,365
Lot 398: 1996 Château Léoville Las Cases (6L) (est. $1,700-2,600) $4,541
Lot 459: 1997 Auxey-Duresses Blanc, Les Boutonniers Domaine d’Auvenay (Leroy) (2 bs) (est. $1,200-1,800) $6,572
Lot 806: 1999 Barolo Riserva, Monfortino Giacomo Conterno (6 bs) (est. $5,500-8,500) $10,755
Lot 1298: 1996 Richebourg, Domaine de la Romanée-Conti (4 bs) (est. $9,500-14,000) $15,535
Lot 1505: 1970 Dom Pérignon Brut, P3 Vintage (1 b) (est. $1,700-2,600) $5,019
Lot 1771: 1999 Romanée-Conti, Domaine de la Romanée-Conti (2 bs) (est. $40,000-60,000) $65,725
We at HDH are honored to bring these incredible lots to market and are grateful to our consignors and bidders for their part in the incredible success of this auction. As the preeminent wine auction house in the U.S., Hart Davis Hart has a proven track record of excellence. HDH continues to far surpass competitors in terms of market share, technology, and sell-through rate.
Consignments are being accepted for 2023. The market is incredibly strong, and anyone looking to take advantage should reach out to our team of experts at consignments@hdhauction.com. We would be happy to provide you with a complimentary appraisal. There has never been a better time to sell your wine, and HDH is your best possible partner.
Upcoming Auctions:
January 19 & 20, 2023
March 2 & 3, 2023
About Hart Davis Hart Wine Co.
Hart Davis Hart Wine Co. is the #1 wine auction house in the U.S. and a leading online retailer, occupying a unique position in the rare wine market. HDH provides unrivaled expertise and personalized service to collectors and the wine trade, offering a broad range of options for buying and selling wine. The company was founded in October 2004 by our team of the most experienced professionals in the wine industry and quickly became a trusted source for rare wine. Today, HDH is helmed by Paul Hart (Chairman & CEO), and Ben Nelson (President). Paul began his career at Christie’s Wine Department and held executive positions at Davis & Company and Sotheby’s. As part of their commitment to superior service, Hart Davis Hart spearheaded the development of their online bidding platform, which is the most sophisticated system of its kind. Released in March of 2015, the mobile app and auction website allow users to place absentee and live bids from anywhere. Hart Davis Hart’s dedication to innovation has made the firm the industry leader in terms of technology, service, and expertise.