Heading the Autumn Sale Series in Hong Kong
Over 360 Lots Estimated in Excess of HK$88 Million / US$11.4 Million
The Second Highest Estimated Single-Owner Wine Sale in Asia
Offered for the first time: Magnums of Faiveley Musigny from Pierre Chen’s vineyard
Impressive large format of legendary wines from the finest producers –
235 magnums, 30 x 3L or above
#PierreChenWine #SothebysWine #SothebysSpirits
Hong Kong, 8 September 2021 One of the world’s most prominent art collectors, Asian entrepreneur Pierre Chen is also a passionate and equally dedicated collector of wine. Next month, on 9 October 2021, Sotheby’s will present The Art of Living: Legendary Wines from the Cellar of Pierre Chen, as part of its Hong Kong Autumn Sale Series. Centred around the finest wines from Bordeaux, Burgundy and beyond, the sale provides a first glimpse into his extraordinary collection of wines, amassed over thirty years. The collection is further distinguished by Magnums of Faiveley Musigny in vintages spanning 2015 to 2017, produced from Chen’s very own vineyard in Burgundy and here making their first ever appearance at auction. Charting the evolution of Chen’s varied tastes over the years, the sale also shines a light on his passion for matching food with wine.
The Art of Living
Given his interest in both fine art and wine, Pierre Chen is perfectly positioned to identify the parallels – and differences – in collecting in both fields:
(Wine) is the only art form that one can consume and literally live with. It uses senses that traditional art mediums usually do not involve, like one’s smell and taste. While other art forms are less demanding of the receivers, wine requires creativity on the part of the owner.
This innate taste has resulted in a collection that stimulates all the senses, with a line-up featuring over 360 lots of France’s most sublime wines that Chen has decided to part with, to the advantage of all those collectors who dream of owning and consuming them. The sale provides an extraordinary opportunity to acquire wines at the very top of the pyramid, those that are rare because of the small quantities made and others that owe their rarity to their tendency to disappear over the natural course of time, as other wine lovers have already discovered, bought and enjoyed them, leaving very limited stocks worldwide.
A Curated Collection of 30 Years
"The act of collecting wine is only a small part of the fun, but having the true passion to enjoy them is the key.” Just like art, this thoughtfully curated collection of some of the world’s rarest wines narrates Chen's life. Each bottle tells of a remarkable moment cherished by Chen, whether the first time he stepped upon warm Burgundy soil to visit his Musigny vineyard or a tasting in his home. The collection also includes over one hundred lots of wines from Domaine de la Romanée-Conti, rare and great vintages including Petrus, all of the First Growths from Bordeaux, and Burgundy gems - Henri Jayer, Leroy, Armand Rousseau, and Leflaive, among others. Chen describes each bottle as having its own magic, “... the power to relive wonderful moments through a single sip.”
Pierre Chen has been a family friend of mine for many years. We are honoured that Mr Chen has brought this landmark collection to us for auction, in the knowledge that wines of this calibre are true works of art and nature, with the ability to command our respect and bring joy to our lives.
The scale and depth of the very finest wines is what sets Mr Chen’s cellar apart, with an exhaustive inventory that spans over 30 years from the likes of Domaine de la Romaneé-Conti, Petrus and Henri Jayer. The ability to source these wines on this scale and with great provenance is almost impossible today, and this is testament to his passion, which Mr Chen wishes to share with us. This spectacular sale continues our tradition of presenting our clients with the most important wine collections from around the world.
At Sotheby’s, we have had the privilege of auctioning numerous record-breaking wines and spirits in recent years. Today, we are proud to be joining forces with Mr. Chen to present this impressive collection of large formats of legendary wines from the finest producers to the world – the quantity at this scale is extremely rare to see in the market.
I sincerely hope that this collaboration with an industry giant like Sotheby’s can further pique the interests and bring more people to the wonderful world of winemaking. Sharing is the most important process of wine appreciation. Here, I would like to share with all of you an intimate part of my wine collection, and encourage you to start the art of living by living with the arts of your choice—in this case, wine.
Pierre Chen undoubtedly amassed a dictionary of The Best, from all the expressions of Dom Pérignon, including Oenothèque vintages and Dom Pérignon P3, to red and white Burgundy featuring an array of Grands Crus from the most revered producers such as Leroy, Faiveley, Dujac, Ponsot and Jayer, the latter with vintages of Vosne-Romanée Cros Parantoux fanning out over the decades and mostly in Magnums spanning 1978 to 1999.
Palmer 1961 (1 Double Magnum)
Estimates HK$200,000 – 300,000 / US$ 24,000 – 38,000
La Tâche, Domaine de la Romanée-Conti 1971 (1 x 3L Jero)
Estimates: HK$900,000 – 1,500,000 / US$ 110,000 – 190,000 (2 Lots)
Musigny, Faiveley 2015 (1 Magnum)
Estimates: HK$100,000 – 180,000 / US$ 12,000 – 22,000 (3 Lots)
Vosne-Romanée, Cros Parantoux Henri Jayer 1999 (1 Magnum)
Estimates: HK$500,000 – 800,000 / US$ 60,000 – 100,000 (3 Lots)
Chevalier Montrachet, Domaine d’Auvenay 2009 (3 Bottles)
Estimates: HK240,000 – 400,000 / US$ 30,000 – 50,000 (3 Lots)
Hermitage, La Chapelle, Paul Jaboulet Aine 1961 (1 Magnum)
Estimates: HK$280,000 – 500,000 / US$ 35,000 – 60,000