Our 4 December auction achieved an exceptional sale total of $5.2 million, against estimates of $2,856,950 to $3,979,300. Part II brings the total value for the Don Stott Cellar to $13.5 million. With a 97% sell-through rate, the sale was led by 7 Bottles of 1990 Ermitage, Cuvée Cathelin, Jean-Louis Chave estimated at $20,000 - $30,000 and sold for nearly double its high estimate at $58,000.
Duncan Sterling, VP, Senior International Specialist of Sotheby's Wine, commented: "Bidders in our saleroom, together with those participating on the telephone and online from all over the world, pushed prices to record levels, all in an effort to secure their own piece of The Don Stott Cellar. Clients chased the rarest Burgundy, Rhône, and Italian wines, all collected by Don who had an eye for purchasing the best wines from the greatest producers. Again, we would like to thank Don for the opportunity for Sotheby's Wine to sell his unique cellar, with Parts I and II becoming our second largest sale series in New York with a total of $13,582,985. This brings our New York sales total to $26 million for the year, the third highest total that we have achieved."
The Don Stott Cellar: 50 Years of Collecting, Part II begins on Friday, December 4 with yet another incredible collection of Burgundy. We start with stellar wines from Domaine Armand Rousseau, followed by Domaine Leroy and Liger-Belair, among others. Day two – Saturday, December 5 – begins with 80 lots from Domaine Georges Roumier and follows on with the greatest wines from producers throughout Burgundy, including DRC, Dujac, JF Mugnier, Coche-Dury and Domaine Leflaive, just to name a few. Rarest Ermitage Cuvée Cathelin from Jean-Louis Chave, Krug, Clos du Mesnil, and Barolo Monfortino from Giacomo Conterno are just some of the other magnificent entries on offer from this extraordinary cellar.