Last Saturday, March 16th, The Henry Tang Collection sale at Christie’s Hong Kong realised HK$48,052,488/US$6,222,797 and was sold 100 per cent by lot and 100 per cent by value. Featuring a large variety of Burgundy producers with vintages ranging from 1949 to 2010, this two-day auction was led by 6 magnums of Romanee Conti 1995 from Domaine de la Romanee-Conti (DRC) that sold for HK$1,210,000 (US$156,695).
There was also a wide spectrum of other top quality Burgundy producers
such as Simon Bize, Leroy, Mommessin, Etienne Sauzet, Anne Gros, Lamarche,
Ponsot and Mugnier, all of which achieved a total result that exceeded its own
combined high estimate by 60 per cent. Meanwhile, this auction marked the first
time in wine auctions worldwide where Prooftag Bubble Seal™ technology is
used, which protects and promotes the provenance of fine wine.
Henry Tang Ying-yen was the Chief Secretary for Administration
of Hong Kong until his resignation in September 2011. He was one of the three
candidates in the Hong Kong Chief Executive election,
2012, in which 1200 members of the Election Committee are eligible
to vote, but lost to Leung Chun-ying mainly due to public outcry over
an illegal basement built in his Kowloon Tong home – ironically enough it was built
as a cellar to house his wine collection!
Simon Tam, Head of Wine for Christie’s China, said, “This single-owner collection sale
was comprised of 71 Burgundy producers, many of which were unsung heroes that
we wanted to introduce to Asian collectors. By bringing these lesser-known
names into the market’s radar, the auction helped grow a strong current of the
discovery of hidden gems. We look forward to staging more wine sales that share
such feature, to broaden the collector’s vision and to create a nurturing
atmosphere for the growth of up-and-coming wine producers”.
Christie's Hong Kong holds regular auctions throughout the year featuring wine amongst many other collectables. For more information on upcoming auctions both in Hong Kong and world-wide go to www.christies.com
(photos credited to Christie’s Images Ltd 2013)
Well, Mr. Tang might have sold everything, but there is still some question about the "origine" of his wines...
ReplyDeletehttp://www.wine-searcher.com/m/2013/03/authenticity-of-henry-tang-wines-queried
Anyway, those wines are for 2-3% of people who can afford to buy it. It is just pathetic to see that they might have bought the most expensive "fake" bottle...
JulienHK
To be fair, the answer from Mr. Tang.
Deletehttp://www.thedrinksbusiness.com/2013/03/tang-hits-out-at-fake-wine-allegations/?article-source=newsletter&source=546&date=2013-03-22
Good to hear DRC said the wines are authentic. Anyway this is Chrities' Job to ensure that...
But as I said, most of people can't afford to buy such wines, so if there is no issue or if there is an issue, it concerns only 2-3% of people able to spend so much money and few bottles...
JulienHK