HDH Realizes $5.4mil & Record Breaking Prices in First Auction of the Year

Last week, Hart Davis Hart held its first Auction of Finest & Rarest Wines of 2024, setting the tone for the year with skyrocketing hammer prices, an aggressive bidding pool, and an upwardly trending market in all categories. Bringing in $5,468,619, the sale achieved a 100% sell-through rate over 1,531 lots. Bidders joined the live auction from over 15 different countries, culminating in the fastest increase in prices in years with prices up 15% sale over sale. Chairman & CEO, Paul Hart remarked, "In my entire career, I cannot recall such a dramatic rise in prices in such a short time period. Things are heating up."

Topping the charts was Domaine de la Romanée-Conti, 'Romanée-Conti' in several significant vintages. Rousseau's Chambertin outperformed in all its forms. Chave's legendary 1998 Ermitage Cuvée Cathelin hit records in 6pk and in 3L Jeroboam. Every category experienced an impressively high proportion of lots over the high estimate, particularly Port, Sauternes, Rhône, and White Burgundy.

As the global market continues its upswing, consigning wine to auction presents an enormous and immediate opportunity. Reach out to the HDH team about consigning in upcoming auctions.

Highlights from An Auction of Finest and Rarest Wines:

All prices shown inclusive of 19.5% buyer's premium
Lot 4: 1990 Château Angélus 1.5L (2mags) (est. $1,600-2,400) $3,824
Lot 57: 1982 Château Pichon-Longueville, Comtesse de Lalande 3L (1jero) (est. $800-1,200) $1,673
Lot 429: 2018 Château Trotanoy (12bs) (est. $1500-2200) $2,868
Lot 441: 2016 Puligny-Montrachet, Champ Canet Etienne Sauzet (12bs) (est. $900-1,400) $1,912
Lot 442: 2017 Chablis, Vaudésir Domaine William Fèvre (12bs) (est. $600-900) $1,554
Lot 456: 2008 Dom Pérignon Brut Vintage 1.5L (6mags) (est. $2200-3200) $3,824
Lot 553: 2014 Penfolds Grange (6bs) (est. $1600-2400) $2,868
Lot 615: Mixed Case, R. López de Heredia (3bs) (est. $750-1100) $1,792.50
Lot 915: 2011 Meursault, Les Genevrières Coche-Dury (1b) (est. $1500-2200) $3,346
Lot 980: 2009 Colgin Cabernet Sauvignon, Tychson Hill Vineyard (3bs) (est. $550-850) $1,315
Lot 1035: Vertical, Hermitage, Jean-Louis Chave (6bs/2mags) (est. $2000-3000) $4,183
Lot 1059: 1995 Château Cos d'Estournel (12bs) (est. $1200-1800) $2,629
Lot 1149: Mixed Case, Sine Qua Non Rosé (11bs) (est. $1400-2100) $2,868
Lot 1306: 2020 Château Figeac (12bs) (est. $1500-2200) $2,868
Lot 1387: 2019 Charmes-Chambertin Camille Giroud (12bs) (est. $1200-1800) $3,585
Lot 1393: 2020 Gevrey-Chambertin, Les Perrières Jean-Marie Fourrier (12bs) (est. $950-1400) $2,390
Lot 1404: 2019 Côte Rôtie, La Turque Guigal (6bs) (est. $1000-1500) $2,390
Lot 1508: Mixed, Riesling, Clos Ste. Hune Trimbach (4bs) (est. $1500-2200) $3,107

About Hart Davis Hart Auction Co.
Hart Davis Hart Auction 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.