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 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’.

The following day the sale continued with more fine and rare wines including another large private collection.

This likewise included 1961 La Mission Haut-Brion, Armand Rousseau 2010 Chambertin, 2000 Latour, Domaine Leroy’s 2009 Musigny and 1990 Domaine de la Romanée-Conti.

Read more at source: thedrinksbusiness

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