• Rupert Millar - Source: www.thedrinksbusiness.com

Sotheby's announces autumn fine wine opener

Auction house Sotheby's has announced that its first fine wine sale of the autumn season will be in New York this September, marking the 25th anniversary of its NY wine sales.

The sale on 7 September comprises the 'Magnolia Collection' from the cellar of a "southern gentleman".

Featuring 656 lots, largely of "outstanding" mature Bordeaux and Burgundy, key highlights include cases of 1989 Haut-Brion, 1990 Margaux, 2010 Pontet Canet, 1986 Lafleur and 1982 La Mission Haut-Brion as well as bottles of 2002 Clos Saint-Denis from Domaine Dujac, 1990 Cros Parantoux from Emmanuel Rouget and 1990 Bonnes Mares from Georges Roumier.

Sotheby's began its New York wine sales on 8 October 1994 and at that first sale 1,074 lots were offered which realised a total of US$1.6 million.

As an indicator of how far the wine market has come since that time, the 656 lots at the sale - almost half the number of lots offered at that in 1994 - has a pre-sale estimate of $1.5 - 2.1m.

Read the full article at: https://www.thedrinksbusiness.com/2019/08/sothebys-announces-autumn-fine-wine-opener/

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