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
HDH caps off year with ‘record-shattering’ sale 23rd December, 2020 by Rupert Millar
US auctioneer Hart Davis Hart has finished its 2020 season with a “record shattering” two-day sale featuring the wines from the cellar of the late Joseph Phelps.
The entire collection was 100% sold for a total of US$10.4 million – nearly $2m above the pre-sale high estimate – with 82% of the lots offered selling above their high estimates as well.
The first session last Friday featured the wine cellar of the late Jospeh Phelps. It made $2.2m in total (above a high estimate of $1.3m) with buyers leaping at the chance to acquire bottles of 1865 and 1948 Lafite Rothschild ($31,070 each) and 11 bottles of 1959 Latour ($77,675) and 12 bottles of 1961 Latour ($23,900), as well as great Burgundy and of course rare Californian classics such as 1971 Ridge Vineyards Cabernet Sauvignon Eisele Vin