Sale of the Magnificent Cellar of Marcus D. Hiles Realised a Total of US$6.4 Million

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HONG KONG.- Robert Sleigh, Sotheby’s Head of Wine, Asia, “Sotheby’s Hong Kong saleroom was filled to capacity today as we completed our eighth consecutive 100%-sold wine auction in Asia in the last 18 months. What was most exciting about this sale was to see the way in which Asian buyers widened the range of wines they pursue as they enthusiastically responded to Burgundy, Rhône, California, Australia and Madeira offered in the Magnificent Cellar of Marcus D. Hiles. Whether building cellars, buying for drinking, entertaining or investing, Asian collectors continue their domination of the worldwide auction market for wine.” Serena Sutcliffe, MW, Sotheby’s Worldwide Head of Wine, commented, “Lovers of Domaine de la Romanée-Conti produced all the fireworks in today’s sale as the largest and most important collection of this classic, blue-chip Burgundy ever sold in Asia came to the auction block