Sothebys : Sotheby’s 2019 Wine Auction Season Opens with Finest & Rarest Wines Featuring A Historic Collection of Penfolds

Press Release Hong Kong

Immediate Release

Hong Kong | Agnes Yung/Winnie Tang | [phone]/8129 |[e-mail]/[e-mail] New York | Alexandra Fizer |[e-mail]| London | Matthew Floris | [e-mail]

SOTHEBY'S 2019 WINE AUCTION SEASON OPENS WITH

FINEST & RAREST WINES

FEATURING A HISTORIC COLLECTION OF PENFOLDS

19 JANUARY 2019 (SATURDAY)

Sotheby's Hong Kong Gallery, 5/F One Pacific Place, Admiralty

Hong Kong, 2 January 2019 Sotheby's opens the 2019 wine auction season with Finest & Rarest Wines Featuring a Historic Collection of Penfolds on 19 January, presenting over 790 lots estimated in excess of HK$23 million/ US$2.9 million*. The sale is headlined by an unprecedented collection of Penfolds vintages, including a complete vertical of Grange Magnums from the first 1979 vintage to 2014, as well as historic Penfolds vintages dating back to the 1950s. The sale also boasts over 120 lots of Domaine de la Romanée-Conti, and over 60 lots of coveted Burgundy from Armand Rousseau, Leroy and Henri Jayer. Whisky highlights include 3 sets of The Macallan Exceptional Single Cask 2017 Releases direct from the distillery, and The Yamazaki 50 Years 2007 Release.

Adam Bilbey, Head of Sotheby's Wine, Asia, states, "Coinciding with the 175th anniversary of Penfolds, we are very pleased to offer a rare collection featuring eight decades of this Australian icon's history, presenting collectors with an unmatched opportunity to acquire both rare and legendary vintages of Penfolds' most famous wines."

SALE HIGHLIGHTS

SELECTED PENFOLDS HIGHLIGHTS

(Above from left)

Penfolds Grange magnum vertical 1979-2014 36 magnums, est. HK$220,000 - 320,000 / US$28,000 - 40,000

Penfolds Bin 60a Coonawarra Cabernet Barossa Shiraz 1962 2 bottles, est. (each bottle) HK$32,000 - 50,000 / US$4,000 - 6,000

Penfolds Grange 1959, 1 bottle, est. HK$18,000 - 26,000 / US$2,200 - 3,200 1971, 3 bottles, est. HK$20,000 - 30,000 / US$2,400 - 3,800

OTHER HIGHLIGHTS

(Above from left)

La Tâche, Domaine de la Romanée-Conti 1990, 2 bottles, est. HK$70,000 - 95,000 / US$8,500 - 12,000 1985, 1 magnum, est. HK$55,000 - 75,000 / US$7,000 - 9,500 2005, 1 magnum, est. HK$55,000 - 75,000 / US$7,000 - 9,500 1999, 1 bottle, est. HK$32,000 - 45,000 / US$4,000 - 5,500

Romanée Conti, Domaine de la Romanée-Conti 2013, 6 bottles, est. HK$550,000 - 800,000 / US$70,000 - 100,000 2011, 6 bottles, est. HK$550,000 - 800,000 / US$70,000 - 100,000

Screaming Eagle, Cabernet Sauvignon 2013 12 bottles, est. HK$180,000 - 260,000 / US$22,000 - 32,000

The Macallan Exceptional Single Cask 2017 Releases 9 bottles, est. HK$350,000-500,000 / US$45,000 - 65,000

IMAGE DOWNLOAD

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Notes to Editors

I) SOTHEBY'S WINE

Sotheby's Wine's annual worldwide sales reached an important new milestone in 2018, with sales significantly exceeding US$100 million in a single year - for further details, please clickhere.

The Rare Domaine de la Romanée-Conti from the Personal Cellar of Robert Drouhin sale held by Sotheby's in New York in October 2018 set a new record for any bottle of wine at auction when a bottle of Romanée Conti 1945 sold for US$558,000. Sotheby's also holds the world record for any wine lot at auction - the Romanée-Conti Superlot (114 bottles) which sold for HK$12,556,250 (US$1,609,776) at Sotheby's Hong Kong in October 2014.

In March 2018, Sotheby's set a world record for any wine sales series when a two-day series of auctions in Hong Kong brought a combined total of HK$228,300,300 / US$29,090,025. Comprising 1,758 lots, The Philanthropist's Cellar, The Cellar from the Estate of Jerry Perenchio, and Finest & Rarest Wines were 100% sold.

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*Estimates do not include buyer's premium. Prices achieved include the hammer price plus buyer's premium and are net of any fees paid to the purchaser where the purchaser provided an irrevocable bid.

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