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Press Release - March 26, 2019

La Tâche, Aged Bordeaux Lead Heritage Auctions’ Fine & Rare Wine Auction to 99% Sold

Banded case of 2005 La Tâche claims top-lot honors

Fine and Rare Wine
DALLAS, Texas (March 26, 2019) — Multiple bidders pursued La Tâche 2005 Domaine de la Romanee Conti banded Bottle (6) until it climbed to $31,980, exceeding its pre-auction estimate and leading Heritage Auctions' Fine & Rare Wine Auction March 15 in Beverly Hills, California. The total result for the auction, which was simulcast to Hong Kong, was $1,470,759 against presale estimates of $1,050,000. Vigorous bidding in both the U.S. and Asian salerooms pushed the prices as well as a packed virtual saleroom on Heritage Live.

Several Bordeaux lots yielded strong results, exceeding pre-auction estimates, including Château Petrus 1995 Pomerol Bottle (12), which drew $30,750, Château Mouton Rothschild 2000 Pauillac Bottle (12) ($24,600), Château Lafite Rothschild 2000 Pauillac Bottle (12) ($18,450) and Chateau Petrus 1972 Pomerol Bottle (11) ($18,450).

"The strength of this auction really was in the top-growth Bordeaux," Heritage Auctions Senior Fine & Rare Wine Director Frank Martell said. "The sheer number and diversity of bidders is a great sign for the worldwide market and a strong indicator that we'll see continued growth as we head deeper into the season."

Collectors actively pursued many of the lots from The Castle, a longtime culinary destination in Leicester, Massachusetts with a wine list that has won 18 Awards of Excellence from Wine Spectator since the late 1980s. Many of the top lots from The Castle – from a list that included marquee names like Mouton, Lafite, Haut Brion and Cheval – also exceeded pre-auction expectations, pushing the results for the entire Castle cellar to more than 25 percent above pre-auction estimates. Among the highlights:

· Château Lafite Rothschild 1981 Pauillac Bottle (12): $12,915

· Château Lafite Rothschild 1983 Pauillac Bottle (9): $6,150

· Château Latour Pauillac Bottle (12): $5,166

· Château Margaux 1985 Margaux Bottle (12): $5,412

The auction included five Sine Qua Non lots, of which the highest final price was realized by the elusive Sine Qua Non Red 2001 Rudy Matt Cuvee Bottle (1), which surpassed its pre-auction estimate when multiple bidders drove it to $15,990.

Other top lots included, but were not limited to:

· Chambertin 2005 A. Rousseau Bottle (4) $14,760

· Chambertin 2005 Clos de Beze, A. Rousseau Bottle (5) $14,760

· Richebourg 1964 Domaine de la Romanee Conti Bottle (3) $13,530

· Chateau Lafite Rothschild 1981 Pauillac Bottle (12) $12,915

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.

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