One of the most impressive wine auctions this fall is the sale on Saturday, Nov. 18 at Sotheby's in New York City. Park B. Smith will sell around 14,000 bottles of wine from his collection to benefit his alma mater, Holy Cross College. The sale should bring in at least $3-5 million. The big ticket item is a lot of 50 cases of Château Mouton Rothschild 1982, bought by Park B. Smith at Zachys / Christies New York in April 1997. The cases had only one previous owner and are in pristine condition making them a rare and precious commodity. The 1982 Mouton Rothschild is one of Robert Parker's 100-point wines, one that he, at a tasting this year, predicted will "peak between 2010-2015, and last for 5-6 decades thereafter." The estimate is : $600,000-1,200,000 and I'm guessing it will be toward the higher end of the range.Park B. Smith Wine Auction
One of the most impressive wine auctions this fall is the sale on Saturday, Nov. 18 at Sotheby's in New York City. Park B. Smith will sell around 14,000 bottles of wine from his collection to benefit his alma mater, Holy Cross College. The sale should bring in at least $3-5 million. The big ticket item is a lot of 50 cases of Château Mouton Rothschild 1982, bought by Park B. Smith at Zachys / Christies New York in April 1997. The cases had only one previous owner and are in pristine condition making them a rare and precious commodity. The 1982 Mouton Rothschild is one of Robert Parker's 100-point wines, one that he, at a tasting this year, predicted will "peak between 2010-2015, and last for 5-6 decades thereafter." The estimate is : $600,000-1,200,000 and I'm guessing it will be toward the higher end of the range.
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11-16-2006 @ 5:15PM
Steve Bachmann said...
The "big ticket" item is truly an expected auction record breaker. I wrote a post in my blog, The Wine Collector, a few days ago about the 50-case 1982 Mouton Rothschild lot called "The most expensive wine auction lot ever." Here's the link: http://www.vinfolio.com/thewinecollector/2006/11/most-expensive-wine-auction-lot-ever.jsp
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