Jan 30, 2021, 12:54 PM IST
US auctioneer Hart Davis Hart has completed its 2020 season with a two-day record shattering sale featuring the wines from the late Joseph Phelps cellar.
For a total of US $10.4 million, the entire collection was 100 percent sold, almost $2m above the high pre-sale estimate, with 82 percent of the lots offered selling above their high estimates as well.
Last Friday s first session included the wine cellar of the late Joseph Phelps. In total, it made $2.2 million (above a high estimate of $1.3 million) with buyers jumping at the opportunity to purchase Lafite Rothschild 1865 and 1948 bottles ($31,070 each) and 11 Latour 1959 bottles ($77,675) and 12 Latour 1961 bottles ($23,900), and rare Californian classics 1971 Ridge Vineyards Cabernet Sauvignon Eisele Vineyard (two bottles selling for $20,315-a new record), 1974 Heitz Cellar, Martha s Vineyard Cabernet Sauvignon, 1978 Joseph Phelps Eisele Vineyard and Insignia, as well as great Burgundy. Charles W