Madison Auction Toasts the Success of their May Live-Streaming Wine Auction Sale Of 2021

HONG KONG,May 17,2021 -- Madison Auctionrealized a total sale value of just above HKD18,000,000 against a low estimate of HKD 14,000 in their 2021 May live-streaming wine auctionstreaming sale.

Lot 46 - Château Léoville-Las Cases Collection(6) | Miroir - Millésimes Secrets Case #8 | Est. HKD35,000 - HKD50,000 | Sold at HKD79,625

The live-streaming wine auctionsale took place on Saturday,15 May in Hong Kong. Featuring 194 lots of wonderfully rare winesof exceptional provenance(estimation value from HKD14 million-HKD21 million),including 29 lots of Bordeaux wines withAverage Sold Lot Value ofHKD 106,321,112 lots of Burgundy wines with Average Sold Lot Value ofHKD77,973and20 fantastic whiskieswith Average Sold Lot Valueof HKD 268,152.

3 bottles ofpristine 2004 Domaine d'Auvenay Chevalier-Montrachet Grand Cru (dry white wine) were sold at HKD 220,550 in the auction,surpassing the high estimate.

The Popular star,Domain Bizot(red wine),achieved the excellent result of the auction. For 2006Domaine Bizot Vosne-Romanée Les Jachées,Est. HKD 5,000-HKD 7,was sold at HKD 10,413 per bottle. And 2013 Domaine Bizot Marsannay Clos du Roy,Est. HKD 3,500-HKD 5,was sold at HKD 7,350.

Alongside this,other lots had outstanding performance as well in this wine auction,which made people pleasantly surprised.

For some of the hit lots,the hammer prices of the wineswere ahead of the international auctionhouses during the same period,and they performed well. We sincerely appreciate the high-quality buyers for their participation and their great supportfor wines,which made Madison Auctionwent viral. For example,1995 Domaine Leroy Richebourg and 2015 Chateau Angelus,Saint-Emilion Grand Cru,our hammer prices were both about 15% higher than the highest of international auction houses in the same period this year.

Tasting winesis a pursuit of quality life and collecting wineis a genuine honor. Beyond tasting and collecting,Auctioning the best wines you have could be an honorable sharing and brilliant investment.Madison Auction is accepting consignments for our upcoming auctions at 0% seller's commission. Contact us today atconsignment@madison-auction.comor call +852 3188 6613 for a complimentary estimation of your collection.