‘‘A ‘White Glove’ sale is an extraordinary result for this unique auction of wines direct from Château Margaux,’’ commented Serena Sutcliffe MW, Honorary Chairman, Sotheby’s Wine. With a sale total of $2.8 million, the auction doubled its high estimate. 99% of sold lots achieved prices in excess of their high estimates. ‘‘Having known the Mentzelopoulos family for decades, I was thrilled to offer their wines in this one-off sale and am delighted that they were so rapturously received. There can be no better demonstration of the unparalleled reach of Sotheby’s Wine than a sale where our international program of events, particularly in Mexico and Brazil, drew buyers from across the globe to drive a result that surpassed anything we could have anticipated.’’
Corinne Mentzelopoulos, Owner, Château Margaux commented: ‘‘I am very moved. The results are beyond any expectations, thanks to the dedicated and professional work of the Sotheby's and Château Margaux teams. This is a once in a lifetime auction and I find it a very emotional tribute to my father and to the centuries old history of Château Margaux. I am especially grateful to all the wine collectors around the world for their support and enthusiasm for the wines of Château Margaux. It is very rewarding for all of us.’’
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On 17 October 2015 in New York, Sotheby’s Wine will present Château Margaux 1900-2010 Direct From The Cellars: A Celebration of the Mentzelopoulos Era. This is the first time the historic First Growth has made a significant offering of wines direct from their cellars at auction. With a glittering history that has drawn admirers from Thomas Jefferson to Ernest Hemmingway to Chinese leader Hu Jintao, as well as a new generation of collectors from the Americas and Asia, Margaux is regarded as unique for the magnificence of both its wine and architecture. The sale is made up of 239 lots - ranging from a bottle of 1900 to a balthazar of 2009 - and isestimated at $1-1.4 million.