Inaugural Wine Auction Realizes $1.65+ Million at Heritage Auctions

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BEVERLY HILLS, CA.- An Imperial of Chateau Lafite Rothschild 1982 brought $28,680 as the top lot of Heritage Auctions’ $1.65+ million Inaugural Signature® Wine Auction, April 1, held at the company’s Beverly Hills location, 9478, West Olympic Boulevard. All prices include 19.5% buyer’s Premium. “This auction was a great launch for us, and it was no surprise to see the great vintages of Chateau Lafite Rothschild commanding top prices,” said Frank Martell, Director of Rare & Fine Wines at Heritage. “For that matter, even lesser vintages achieved strong prices, such as a case of the 1984, which brought $11,353. Our practices of publishing all reserves and revealing current absentee bid levels as the auction progresses were exceptionally well received, but it was most interesting that our top buyer participated using our live bidding tool – a very exciting development that speaks to the strength of the Heritage platform.” Besides the C