Thursday, March 31, 2011

And if you thought Chris de Burgh did well....

Have a look at the consignments for an upcoming Sotheby's auction in Hong Kong over the weekend.

The Ultimate Cellar

2,800 bottles of Domaine de la Romanée Conti assorted wines for doubt most of it will end up in China. It reminds me a bit of when the Irish Banks decided to sell all their Branches and lease them back - in hindsight right at the top of the property market.

Turns out they knew something we didn't....If people are offloading collections like this, then maybe the Fine Wine market is nearing its medium term peak?

1 comment:

  1. "Maybe..." say the guys at the back of the room drinking fake Jacob's Creek...