Decanter

Marketwatch

Burgundy leads Sotheby’s Pierre Chen auctions

Auction house Sotheby’s has offered the first wines from major private collector Pierre Chen via a two-day sale in Hong Kong, with buyers swooping for blue-chip rarities.

Not all lots found buyers, but Sotheby’s reported total sales still hit HK$131m (£13.3m, US$16.8m). It had estimated sales in excess of $16m.

More Sotheby’s auctions of Pierre Chen’s wines are planned in

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