Auction Prices Surge as HDH Realizes $6.95 million, Exceeding the High Estimate Range

We are impressed by the strength and consistency in the fine wine market in 2023. New world records continue to be set in every sale. This is the best time to sell your wines, and HDH is your best possible partner. Reach out to our team today about consigning or to request a complimentary appraisal: consignments@hdhwine.com.

We just concluded the final session of our March Auction of Finest & Rarest wines, bringing in a total of $6,946,236 over the two-day sale and far surpassing the pre-sale low estimate of $4,499,009. The auction achieved a 100% sell-through rate over 1543 lots. Competitive bidding, driven by our industry-low buyer's premium, led to consistently high hammer prices.

Did you miss our Instagram Live broadcast last week with Moriah Spicer and Marc Smoler? We had a lively discussion about how to navigate the red-hot auction market as a seller. We will be back again next week for another conversation, so be sure to follow us at @hdhwine to catch it.

Highlights from March Auction of Finest & Rarest Wines
All prices shown inclusive of 19.5% buyer's premium

Lot 8: 1989 Château Pétrus (3 dbl-mags (3L)) (est. $48,000-75,000) $89,625
Lot 11: 1990 Château Latour (2 mags) (est. $2,600-3,800) $8,365
Lot 48: 1985 Clos de la Roche, Domaine Dujac (3 bs) (est. $19,000-28,000) $35,850
Lot 51: 1986 Musigny, Georges Roumier (2 bs) (est. $7,500-11,000) $16,730
Lot 62: 1983 Montrachet, Domaine Ramonet (1 b) (est. $3,500-5,500) $8,560
Lot 67: 1974 Heitz Cellar Cabernet Sauvignon, Martha's Vineyard (2 bs) (est. $3,500-5,500) $8,962
Lot 153: 2009 Chambertin, Domaine Dujac (6 bs) (est. $10,000-15,000) $20,315
Lot 869: 2013 Chevalier-Montrachet, Domaine Leflaive (12 bs) (est. $9,500-14,000) $17,925
Lot 880: 2009 Corton-Charlemagne, Coche-Dury (3 bs) (est. $13,000-19,000) $22,705

Bidding Information
Absentee and live bidding can be executed online at auction.hdhwine.com or the HDH mobile app. We also accept absentee bids via email at bids@hdhwine.com. For questions, please visit our Support Portal or contact our bidding department at 312.445.0100.

About Hart Davis Hart Wine Co.
Hart Davis Hart Wine Co. is the #1 wine auction house in the U.S. and a leading online retailer, occupying a unique position in the rare wine market. HDH provides unrivaled expertise and personalized service to collectors and the wine trade, offering a broad range of options for buying and selling wine. The company was founded in October 2004 by our team of the most experienced professionals in the wine industry and quickly became a trusted source for rare wine. Today, HDH is helmed by Paul Hart (Chairman & CEO), and Ben Nelson (President). Paul began his career at Christie’s Wine Department and held executive positions at Davis & Company and Sotheby’s. As part of their commitment to superior service, Hart Davis Hart spearheaded the development of their online bidding platform, which is the most sophisticated system of its kind. Released in March of 2015, the mobile app and auction website allow users to place absentee and live bids from anywhere. Hart Davis Hart’s dedication to innovation has made the firm the industry leader in terms of technology, service, and expertise.