Christie’s Wine Auction in Hong Kong on 04 December 2020 – Results and Analysis

Christie’s Wine Auction in Hong Kong on 04 December 2020 – Results and Analysis

At the end of the trading day with wines from all over the world there were beaming faces at Christie's wine auctions in Hong Kong on December 4th, 2020. This small but very fine auction of the famous Domaine de la Romanee Conti was a highlight of the wine auction calendar.

The wine auction at Christie's in Hong Kong on 04.12.20 could again attract some wine investors from all over the world to bid. In the database of Collectors Value 99 different lots were stored, a wine trading volume of 380 bottles, without mixed lots, was calculated. The traded sales volume came to € 1,874,368.04, the average wine price of an auctioned bottle was € 4,843.33.

The most expensive wine in the auction comes from Burgundy. Three bottles Domaine de la Romanee Conti - Romanee Conti vintage 2007 in the 750ml wine bottle got a new owner for 15.915,00 €.

Second place in the wine price ranking, comes of course again from Burgundy. A bottle of Domaine de la Romanee Conti - Romanee Conti vintage 2008 in the 750ml wine bottle changed hands for 15.915,00 € per bottle.

The wine, which reaches third place on the topic of maximum wine prices, is a Domaine de la Romanee Conti - Romanee Conti from the 2009 vintage with a value of 15.915,00 € for the 750ml bottle

Three bottles of wine Domaine de la Romanee Conti - Echezeaux vintage 2007 were traded most favourably, per 750ml bottle the wine collector had to pay 1.344,00 €. Three wine bottles Domaine de la Romanee Conti - Echezeaux vintage 2006 were sold very cheaply, per 750ml bottle a wine value of 1.414,67 € could be determined. One of the cheap wines is the 2008 Domaine de la Romanee Conti - Echezeaux with a wine auction price of € 1.414,67 for a 750ml wine bottle.

Wines from the Burgundy wine region accounted for the largest share of the trade volume on this wine trading day. Burgundy provided 387 bottles or 100.00 % of all wines in this auction. The wines from the Domaine de la Romanee Conti winery from Burgundy were the most sought after. 100,00 % or 387 bottles of the whole offer came from there. Thus it was able to take the first place in the popularity ranking. The 1987 Domaine de la Romanee Conti - Montrachet in the 750ml bottle was the most sought-after single wine, with more than 7.75 % of the complete offer, or the equivalent of 30 of the wine bottles.

Picture: Pixabay - nextvoyage

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