Chateau Lafite Rothschild is the most expensive single wine lot auctioned this year
For sommeliers and enthusiasts alike, Chateau wines command a special position in refined flavors and unique textures that they seem to possess. These products from the particular region of France have been collectors’ items the world over and Chateau has ensured its position as a producer of some of the most premier wines and also the most expensive ones too, like we showed you in our listing on the Most expensive wines. At a recent auction in Hong Kong by Sotheby’s, which sold 96% of its wine stock at $7.6 million, had a 300 bottle collection of Chateau Lafite Rothschild which went under the hammer for $540,000.
The lot of Chateau Lafites was a comprehensively large one, with vintage years beginning 1981 till 2005, giving a whole pallet of options to taste and cherish from. Describing them would be an uphill task but Chateau is known for the full bodied multi-textured and varied flavors of quality wine it dishes out, which are barely rivaled in the world of wines. In the business aspect of it, reports show that the value of the brand has gone up 12 fold since the past decade or so, looking at the rarity and fine quality and long term value that it yields, especially if resold to other buyers.
Earlier, Western Europe was the hub of luxury wine sale but in recent times countries like Hong Kong and China have emerged as biggest traders dealing in quality vintages, where Sotheby’s biggest auctions take place and continue to break records each year like this one. With a few more lots still to be sold out within the next few days, the total yield from this Hong Kong event is expected to cross $ 9 million mark which too would find a place in the record books. So, for sommeliers and wine collectors, there is now another destination to look at for selecting some of the very best wine lot known and that is, Hong Kong.