Market Overview

Acker Merrall & Condit November Hong Kong Sale

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HONG KONG--(BUSINESS WIRE)--

Acker Merrall & Condit, the world's leading wine auctioneer and America's oldest fine wine merchant, will hold its next Hong Kong sale on 9 & 10 November at the Grand Hyatt Hong Kong. Over 1,000 lots of fine and rare wines, estimated at over HK$45 million/US$6 million, will be presented in the sale.

John Kapon, CEO of Acker Merrall & Condit Companies, said, “The remarkable results of our September sale once again demonstrated the continuous demand for great wines in Hong Kong as well as the leading position of Acker Merrall. The market is loading back up, and we are witnessing increasing demand for classical and mature wines from Europe and California. The wine market overall is strengthening through diversification. Fabulous collections of Bordeaux, Burgundy and California will be featured in our upcoming auction. We are also very privileged to present a unique offering of wines directly from Domaine Faiveley and Domaine Hubert Lignier, two of Burgundy's premier Domaines, that includes some of the most prized and rarest wines from their cellars.”

GLORIOUS TOP LOTS

Many of the top lots are DRC masterpieces, led by an incomparable case of 1988 Romanee Conti in their original wooden case (Estimate: HK$750,000-900,000/US$95,000-120,000, Lot 840, illustrated on P.1). Further Romanee Conti star lots include 6 bottles of 1993 (Estimate: HK$370,000-510,000/US$48,000-65,000, Lot 843), 6 bottles of 1997 (Estimate: HK$350,000-450,000/US$45,000-60,000, Lot 844) and 6 bottles of 1989 (Estimate: HK$330,000-400,000/US$42,000-55,000, Lot 841).

Apart from the prestigious DRC bottles, there are two exceptional Petrus lots: 12 bottles of 1989 Petrus in owc (Estimate: HK$360,000-480,000/US$45,000-60,000, Lot 215, illustrated right) and 12 bottles of 1982 Petrus in owc (Estimate: HK$360,000-480,000/US$45,000-60,000, Lot 833, illustrated on P.1).

A DIVERSE TREASURE TROVE OF FANTASTIC WINES FROM AN AMERICAN COLLECTOR

Coming from an important American collector, this amazing, impeccably stored collection features extraordinary fine wines from Bordeaux, Burgundy, Spain, Italy, Australia and California (Lot 654-826). It is also the largest and the most diverse featured cellar of Acker's November sale.

In the marvelous Bordeaux section, highlights include a two-case parcel of 2000 Lafite (Estimate: HK$144,000-200,000/US$18,000-24,000 per lot, Lot 673-674) and a double-magnum of 2000 Petrus in owc (Estimate: HK$96,000-128,000/US$12,000-16,000, Lot 704).

An outstanding fifteen vintages of DRC as well as three vintages of DRC Assortments will be featured in the Burgundy section. Notable lots include a five-bottle lot consisted of 1998 and 1999 Romanee Conti (Estimate: HK$340,000-480,000/US$42,000-60,000, Lot 727), 3 bottles of 2005 Romanee Conti in banded owc (Estimate: HK$280,000-400,000/US$35,000-50,000, Lot 735), 4 bottles of 1996 Romanee Conti (Estimate: HK$280,000-380,000/US$35,000-48,000, Lot 725) and 12 bottles of 2001 DRC Assortment in banded owc (Estimate: HK$200,000-260,000/US$24,000-32,000, Lot 716). A further highlight is an astonishing jeroboam of 1999 La Tache in owc (Estimate: HK$120,000-160,000/US$15,000-20,000, Lot 720).

Collectors will be delighted to find priceless gems from Chave, Dal Forno and Quintarelli, Sassicaia, Vega Sicilia, Harlan (13 vintages) and four vintages of Screaming Eagle in extremely rare double magnum (illustrated left), led by the 1993 (Estimate: HK$120,000-160,000/US$15,000-20,000, Lot 816) and the 1994 (Estimate: HK$96,000-144,000/US$12,000-18,000, Lot 817).

INCREDIBLE BORDEAUX & BURGUNDY WINES FROM A RESPECTED HONG KONG COLLECTOR

Another featured collection is filled with equally compelling wines with many in large formats (Lots 162-260). Focusing on Bordeaux and Burgundy with the First Growths and DRC headlining, significant lots from this well-known and highly respected Hong Kong collector include 12 bottles of 1990 DRC Assortment (Estimate: HK$360,000-480,000/US$45,000-60,000, Lot 225), 12 bottles of 2005 La Tache in owc (Estimate: HK$320,000-480,000/US$40,000-60,000, Lot 238, illustrated right) and 2 magnums of 1982 Lafite (Estimate: HK$96,000-128,000/US$12,000-16,000, Lot 181). All wines from this extremely important collection has been ideally stored under professional conditions.

THE VERY RARE, HIGHLY SOUGHT AFTER DOMAINE DUJAC ROMANEE ST. VIVANT, FROM ONE OF AMERICA'S GREATEST BURGUNDY COLLECTORS

Often offered for sale to collectors by the bottle, we will offer 13 lots of what has quickly become one of Burgundy's rarest and most in demand reds, Dujac's Romanee St. Vivant. This is a remarkable chance to acquire this prized collectible - in bottle, magnum and jeroboam! And in four vintages! Don't miss lots 882-894. These wines were shipped directly to the owner from France and have been stored perfectly since release.

VINOUS TREASURES DIRECT FROM DOMAINE FAIVELEY & DOMAINE HUBERT LIGNIER

Acker is also proud to present two spectacular collections directly from Domaine Faiveley (Lot 328-340) and Domaine Hubert Lignier (Lot 341-354) with stunning mixed lots of Premier Cru and Grand Cru wines in both standard and large format.

Located in Nuits-Saint-Georges, in the heart of Burgundy, Domaine Faiveley owns more than 120 hectares of vines on exceptional terroirs including 10 Grands Crus and 20 Premiers Crus. In 1825, Pierre Faiveley founded the firm that now bears the name Domaine Faiveley. Its wines are widely recognized for being among the finest produced in Burgundy and Domaine Faiveley among the finest wine producers in the world. Highlights of this section include a 72-bottle Corton vertical from 1999 to 2004 (Estimate: HK$48,000-68,000/US$6,000-8,500, Lot 336, illustrated above), another 72-bottle Corton vertical from 2005 to 2010 (Estimate: HK$72,000-96,000/US$9,000-12,000, Lot 337) and a 6-bottle vertical of the Domaine's very rare Musigny from 2005 to 2010 (Estimate: HK$68,000-88,000/US$8,500-11,000, Lot 339).

The Domaine Hubert Lignier has long had a reputation for its fine wines known for their concentration, depth and structure. It owns 8.3 hectares principally in the villages of Morey Saint Denis, Gevrey Chambertin and Chambolle Musigny. Because of their relatively small production, its wines are very rare and hard to find in the market. Of particular note are 12 bottles of Clos de la Roche of the vintages 1999 and 2002 (Estimate: HK$40,000-56,000/US$5,000-7,000, Lot 349), a highly sought after 1988 Clos de la Roche in Methuselah (Estimate: HK$32,000-48,000/US$4,000-6,000, Lot 347) and 6 bottles of 1978 Charmes Chambertin (Estimate: HK$20,000-28,000/US$2,400-3,500, Lot 346, illustrated right).

Acker Merrall & Condit Asia Headquarters

1902B, 19/F, The Centrium, 60 Wyndham Street, Central, Hong Kong |+852.2525.0538 | info@ackerasia.com | www.ackerasia.com

About Acker Merrall & Condit

Founded in 1820, Acker Merrall & Condit is America's oldest fine wine merchant and the world's largest wine auction house. With affiliates in New York, Chicago and Hong Kong, the companies hold more than fifteen auctions a year, including Internet auctions. They are devoted to helping their customers buy and sell the best wines, and also to sharing with them the experience of enjoying wine. In recent years, the company has greatly expanded its services to education, tastings and the formation of wine clubs. Starting out as a family business, three generations of the Kapon family have been dedicated to bringing the best from the vine to their customers.

Berns Communications Group
Jessica Liddell, 212-994-4660
jliddell@bcg-pr.com
Danielle Ossher, 212-994-4660
dossher@bcg-pr.com

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