Sotheby's First 'White Glove' Sale Nets £1 million

September 23, 2015

Auction house Sotheby’s held its first ever “white glove” auction in London earlier this month, making over £1 million. Featuring the collection from a single-owner, the sale is referred to as “white glove” because it was 100% sold by both lot and value.

Stephen Mould, head of wine for Sotheby’s Europe said: “Today’s sale was a landmark auction for Sotheby’s – our first-ever ‘white-glove’ wine sale in London. This single-owner sale, comprising a superb collection of Bordeaux, demonstrated once again the importance of perfect provenance.

“There was strong bidding from the UK, Europe and Asia, with buyers eager to secure wines from vintages from 1989 to 2007. The bumper series of autumn wine sales at Sotheby’s promises to be one of our best, as we now look forward to this season’s auctions in Hong Kong, New York and London.”

The sale’s top lots were dominated by Petrus, a case of the 2000 making £30,550 and taking the top spot.

Other Petrus vintages in case and imperial that appeared in the top 10 included the 2001, 2003, 2004, 2006 and 2007.

A case of 1989 Haut-Brion made £10,810, a case of 2000 Lafite £10,340 and a dozen bottles of 2000 Cheval Blanc £6,815.

Source: The Drinks Business





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