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Domain de la Romanee-Conti achieves highest auction price of 2011

Acker Merall and Condit has ended a highly successful year with another record-breaking sale in Hong Kong.

Having taken over $100 million (£64 million) at its various sales in the year, Acker's final auction featured three "superlots" from Domain de la Romanee-Conti, Chateau Petrus and Chateau Mouton Rothschild.

The vertical of Mouton, which covered vintages from 1936 to 2008, made $500,513 (£322,000) after a "highly intense bidding battle", the Drinks Business reports.

Meanwhile the vertical of Petrus, featuring vintages from 1959 to 2007, made $250,256 (£161,000).

However, it was the Burgundy from Romanee-Conti which stood out. The estate has become immensely popular with Asian buyers in the last few months, as many look for investment opportunities outside the First Growth estates from Bordeaux.

The Romanee-Conti superlot featured all the wines made by the estate between 1954 and 2007, and despite being valued at between $600,000 and $800,000, went on to make £813,333 (£524,000) - the highest price paid for any wine lot at auction this year.

Acker chief executive John Kapon, said the record-breaking sale was a fitting way to end what has been "a spectacular year".

The Drinks Business reports him as saying: "This year, not only will we acquire number one positions in the markets of Asia, America and the world, but also become the first wine auction house in history to break US$100 million in annual sales.

"Our tremendous success and continual lead in the global wine market has largely built upon the robust momentum of Hong Kong, now the world’s most important fine wine market."

Acker is now offering 12 lots of extremely rare wine as a Christmas celebration.

Some are very rare examples of particular vintages in various sizes, while others provide what amounts to a lifetime supply of First Growth Bordeaux.



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Domaine de la Romanee Conti again proved popular at the latest Acker sale.
Domaine de la Romanee Conti again proved popular at the latest Acker sale.
Domaine de la Romanee Conti again proved popular at the latest Acker sale.