300 bottles of Chateau Lafite sells for over $500,000

A Christie’s auction in Hong Kong last weekend saw an anonymous Chinese bidder buy 300 bottles of Château Lafite-Rothschild bundled into a single lot for a whopping $539,280, making it the most expensive single lot sale this year. The new lot numbered 44 comprised 25 cases of Lafite from 1981 and 2005, with an average cost of $1,800 per bottle. Most of the bidders were from China who recently got into wine. Christie’s Charles Curtis, head of wine for Asia, estimated the vendor received a 20% premium as a multi-year collection or vertical.

Among the other premium wines that contributed to the 7.6 million, the 2-day sale was Burgundy’s Domaine de la Romanée-Conti, Moët & Chandon champagne from 1911 Bordeaux’s very rare 1982 Le Pin.

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