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 every year between 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.

READ:  Evian goes green, the worlds favorite premium water is now available in new label-free bottles made from 100% recycled plastic

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