Thursday, September 25, 2008

$3,800 per Bottle - Now that's expensive

As Reported by Wine & Spirits Daily -


In the Chicago this weekend Hart Davis Hart Wine Company sold one of the largest single-owner wine collections to date. The Fox Cellar, whose pre-sale estimate was $6.8-$10.2 million, exceeded expectations with $11,160,583 realized, becoming the fourth largest wine auction in history, and the largest cellar sold so far in 2008. 100% of the 1746 lots on offer sold.

An "unprecedented" selection of Château Lafite-Rothschild realized $1,819,627 against a pre-sale estimate of $1,067,200-1,598,700. The price achieved by the first lot of a seven case parcel of 1982 Château Lafite-Rothschild beat the world record for the wine. It sold to a Chinese bidder in the room for $54,970 against an estimate of $20,000-30,000. A case of 1982 Lafite sold for $46,000 (aggregate $54,970).

Large selections of wines from Haut-Brion, Latour, Margaux, Pétrus, and Domaine de la Romanée -Conti all soared over their respective pre-sale high estimates. The average lot value in the sale exceeded $6300 per lot over 1746 lots.

Bidders traveled to Chicago from 40 states as well as Australia, Europe, Canada and Asia to attend the acution which took place at Tru restaurant.

"During these times of uncertainty in the financial markets, the relationships that we have built over decades with buyers from all over the world are invaluable, and the results bear this out," said chairman John Hart in a statement. "I am thrilled for the consignor, and so proud of our team at Hart Davis Hart."

Wednesday, September 24, 2008

Chateau Julien Team for the Best Buddies Event

Team Chateau Julien raised $8,324.00 for the Best Buddies program through donations raised by our team. The most money was raised by our Manager of Wine Collector programs, Melinda Klescewski. The bike run was from Chateau Julien Wine Estate to Hearst Castle - a 100 mile trip. All ten of the group participated in the run.

Wednesday, September 17, 2008

Chateau Julien Event in Fresno

Well, the father and son team from Chateau Julien Wine Estate worked together at Max's Restaurant in Fresno for a wine magazine event. Son, Bobby, is a student at Fresno State studying Enology.

Tuesday, September 16, 2008

Germany Roadshow 2008

The fourth annual German Roadshow was held from September 8th through the 12th. We visited Koln and stayed at the local Hotel Lyskirchen - then on to Wiesbaden to stay at the Hotel Hansa (don't stay there) - then on to Stuttgart and the Hotel Maritim (great) and finally on to Muchen and the ACHAT Hotel and back to Frankfurt. As in the past, old supplier friends got together to share notes and enjoy the show. I began to call the show the 24 hours of Roadshow, as we poured wines for 4 days in 6 hour increments. Thanks to Mike and Gunda (our importers - Pacific Wine Company) for putting on the show and we will be back next year for another adventure.
ps - The beer was so heavy it required two hands to lift!