Sotheby’s 2018 Spring Auction Wine Sales day 1: 100% sold, total US$12.9 million

Sotheby’s opened its Spring Sale Series in Hong Kong with the first of a two-day offering of wines and whiskeys, comprising the Cellar from the Estate of Jerry Perenchio and a various-owner Finest & Rarest Wines sale. Together, the two auctions brought an overall total of HK$101,075,865 / US$12,879,087, with 100% of lots sold. “The first part of The Cellar from the Estate of Jerry Perenchio more than doubled the pre-sale high estimate bringing HK$52.8 million / US$6.7 million and is a reflection of Mr. Perenchio’s passion for enjoying and collecting the best of the best. He had one of the great cellars of mature Burgundy and Bordeaux, the rarity of which drew many of the world’s leading collectors, and set new benchmark prices. We hope toasts are raised to Mr. Perenchio and his ‘Rules of the Road’ when these wines are opened and enjoyed, and

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