Hong Kong’s record wine sale

In 1982 the average Chinese family would have considered a bottle of Coke the epitome of luxury. That was also the year in which Petrus bottled what has now become a very famous vintage. And in a mark of how far China – and its idea of luxury have come – this week it was […]

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In 1982 the average Chinese family would have considered a bottle of Coke the epitome of luxury. That was also the year in which Petrus bottled what has now become a very famous vintage. And in a mark of how far China – and its idea of luxury have come – this week it was a Chinese connoisseur paying $93,077 for a six litre bottle of 1982 Petrus Imperial at an auction in Hong Kong.

The sale was significant in another respect. With $7.9 million of rare vintage wine sold at the Sotheby auction, the Financial Times says Hong Kong has overtaken London and New York as the British firm’s largest wine market. Total Sotheby’s wine sales in Hong Kong amount to $14.3 million this year versus $10.5 million and $8 million in New York and London respectively.


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