Sotheby's NY ‘Greatest Burgundy Collection Ever’ Auction Fetches Over $8.4 Million
Burgundy was the guest of honor at Sotheby's most lucrative New York wine auction in 15 years. The sale of the Don Stott Cellar brought in a crowd hoping to buy fine wine. Buyers came from Hong Kong, Mexico, Brazil, Canada and both coasts of the US. Total of proceeds from the auction came to over $8.4 million, some 22% above the high estimate projections.
The highest price of the sale was $58,188, paid by an Asian private collector for a case of DRC Montrachet 1973.
Further recap of the auction can be found here: Decanter