An Auction of Finest & Rarest Wines

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An Auction of Finest & Rarest Wines FRIDAY, SEPTEMBER 20 & SATURDAY, SEPTEMBER 21, 2013 AN AUCTION OF FINEST & RAREST WINES 9:00AM AT TRU RESTAURANT Tru Restaurant 676 N. St. Clair Street Chicago Those bidding or sending inquiries should refer to this auction as Sale #1309 “CHAMBERLAIN” Session I: Friday, September 20, 2013 - 9:00am (Lots 1 - 934) Session II: Saturday, September 21, 2013 - 9:00am (Lots 935 - 1862) HART DAVIS HART WINE CO. 363 W. ERIE STREET, SUITE 500W CHICAGO, IL 60654 tel: 312.482.9996 fax: 312.335.9096 www.hdhwine.com Table of Contents Letter from the President 3 Market Analysis: HDH Auction Index 4 HDH Events: Annual Comparative Bordeaux Tasting: Vintages 1990 and 2000 5 HDH Retail Selections 6 Session I: Lots 1 - 934 7-90 Session II: Lots 935 - 1862 91-167 Index of Wines 168-195 Half-Bottle & Large Format Index 184-190 OWC Index 190-195 Ullage, Bottle Size Descriptions & Abbreviations Used in this Catalog 196 Procedures for Bidding & Payment 197 Conditions of Sale 199 Collection, Delivery & Storage 200 Our Auction Venue: Tru Restaurant 202 About HDH 203 How to Sell your Wines with HDH 204 Delivery & Collection Instructions Form 205 Catalog Subscription Form 207 Absentee Bidding Form 209-210 Upcoming Auction Dates: October 26, 2013 December 7, 2013 February 1, 2014 Lots Pictured on Front Cover: Lots 1021, 1201, 1202, 71 (L-R) Lots Pictured on Back Cover: Lots 1243, 232, 1537 (L-R) August 2013 In the spring of 2008, Paul Hart and I walked into the Fox Cellar for the fi rst time. That visit was a turning point for HDH. In the fi ve dizzying years since, we’ve sold $157,828,780 dollars of wine at auction. Our retail operation had a record year in 2012 and is on pace to set a new record in 2013. On the fi fth anniversary of the Fox Cellar auction, it seems appropriate to look back at how that auction unfolded. With the fi nancial crisis catching steam that spring, we were nervous and tried to convince the owner of the Fox Cellar to sell his wines in June instead of September. He couldn’t be swayed. On Monday, September 15th Lehman Brothers fi led for bankruptcy and the stock market dropped 4.4% during what was shaping up to be one of the worst fi nancial weeks of all time. That same week, we were charged with selling an estimated $6.8 million-10.2 million of wine at the most important auction in our history. It feels like it all happened yesterday. I was nauseated as I sat in my offi ce, staring at my Ben Nelson President email inbox and phone, while waiting for the dreaded words… “The markets are collapsing”… “I’m Hart Davis Hart Wine Co. sorry but I am just too nervous right now about the future”… “Pull my bids”. It felt like the world was unraveling, yet for the most part those calls never came. The sale went forward on Friday, September 19th and Saturday, September 20th, and the results were spectacular, surpassing the high auction estimate for a total of $11.2 million. When I called the consignor Saturday night to pass along the news he uncharacteristically let his guard down and laughed out loud. I could hear his smile through the phone. In retrospect it is easy to see how that auction was just too good to pass up. He had bought the best wines from the greatest vintages in massive quantities with the conviction that truly great cellars are based solely on provenance and condition. Even he was surprised at just how much money that foresight would make him, especially in the midst of a fi nancial meltdown. This auction kicks off on Friday September 20th, 2013, exactly fi ve years to the day since the fi nal hammer fell at the Fox Cellar sale in 2008. This sale includes wines from various collectors with the same high standards of that famous collection. To start, we have a collection of wine from a Midwestern collector (Lots 1-159) who acquired 2000 Bordeaux as futures, as well as some of the greatest Californian wines ever made, either on release or direct from the wineries. The second consignment comes from a Pacifi c Northwest connoisseur (Lots 160-235) who has a passion for the greatest Burgundy producers and bought his wines on release. Images of his original receipts are included in the catalog. The second day of the auction is graced by a massive collection of pristine Bordeaux and incredibly rare Rhône wines (Lots 1010-1196), all purchased as futures, from the cellar of a Southern gentleman. An East Coast collection of elite Bordeaux and pristine Burgundy (Lots 1197-1223) includes the rarest of the rare…Pétrus, Le Pin, DRC and Leroy. Lot 805, two bottles of 1959 Clos de la Roche, Cuvée William, from Domaine Ponsot, is truly special and a testament to the legacy of the Fox Cellar. Included in the catalog is an image of the purchase receipt from 1971 (the consignor paid $15/btl) and a photo of the deteriorated, torn, and damp stained label… a totally original and ultra-rare thing of beauty! Of course, The Fox Cellar will also be represented in this sale (Lots 935-1009) to commemorate the fi ve year anniversary of that fi rst incredible consignment. As before, the wines offered were acquired as futures and are pristine. Thank you for your continued interest in our auctions. Sincerely, Ben Nelson President Market Analysis: HDH Auction Index (2006-Present) The HDH Auction Index tracks the performance of 15 key wines sold at HDH auctions. The January 2006 auction was chosen as the benchmark. Each point on the graph denotes an HDH auction. Visit www.hdhwine.com for further details. HDH AUCTION INDEX +175% +150% +125% +100% +75% +50% +25% 0 Jan-06 Jun-06Sep-06Oct-06Dec-06Feb-07Mar-07May-07Jun-07Sep-07Oct-07Dec-07Feb-08Apr-08May-08Jun-08Sep-08Nov-08Dec-08Jan-09Mar-09May-09 Sep-09Oct-09Dec-09Jan-10Mar-10May-10Jun-10Sep-10Oct-10Dec-10Jan-11Mar-11May-11 Oct -11 Oct -12 April-06 Jun-09AJun-09B Jun -11Sep -11 Dec -11Feb -12May -12June -12Sep -12 Dec -12Feb -13Mar -13May -13June -13 HDH Auction Index Performance Top Performing Wine in Index Sale to Sale*: -0.77% Sale to Sale*: ‘83 Margaux +32.59% 2013 YTD: +4.59% 2013 YTD: ‘83 Margaux +21.02% Three Years: -4.16% Three Years: ‘95 Mouton +32.43% * From the May 17 & 18, 2013 auction to the September 20 & 29, 2013 auction. Top 5 Lots exceeding the high estimate by dollar (June 2013 Auction): Lot Description Estimate Hammer Price Aggregate 960 1995 Bonnes-Mares Georges Roumier (6 bs) $4,500-6,500 $13,000 $15,535 713 1988 Château d’Yquem (24 hbs) $3,200-4,800 $7,000 $8,365 1093 1975 Château Pétrus (10 bs) $10,000-15,000 $17,000 $20,315 957 1990 Bonnes-Mares Georges Roumier (6 bs) $5,000-7,500 $9,000 $10,755 1078 1989 Château Haut-Brion (1 jeroboam (5L)) $5,000-7500 $9,000 $10,755 Please contact us to sell your wines with HDH at an upcoming auction or at retail. HDH Sell Through Rate Paul Hart, CEO John Hart, Chairman [email protected] [email protected] The sell through rate shows the 312.573.5582 312.573.5588 percentage of offered lots ultimately purchased at auction. A high sell Michael Davis, Vice Chairman Ben Nelson, President through rate is indicative of a broad and [email protected] [email protected] diverse group of active buyers. 312.573.5590 312.573.5593 Ben Ferdinand, Vice President Allan Frischman, Vice President June 2013 2013 All time Senior Consignment Advisor Senior Specialist 100% 99.98% 98.90% [email protected] [email protected] 312.573.5585 312.573.5591 Annual Comparative Bordeaux Tasting Vintages 1990 and 2000 Friday, September 20, 2013 6:30-8:00pm Spiaggia 980 N Michigan Ave, Chicago, Illinois $500 per person Please join us for our annual Comparative Bordeaux Tasting as we celebrate the benchmark 1990 and 2000 vintages. Revered by critics and consumers alike, these vintages are considered two of the best in the last 30 years. The tasting will feature 40 wines from 20 top Châteaux. The 2000 Bordeaux vintage has often been cited as the greatest since 1990, and comparing the two side-by-side will provide a unique tasting experience. With 13 and 23 years of maturity respectively, the wines have developed to express the complexity, fruit and balance of these great clarets. Of the twenty Châteaux represented, we will pour all fi ve of the First Growths: Haut-Brion, Lafi te Rothschild, Latour, Margaux and Mouton Rothschild. They will be joined by traditional favorites La Mission Haut-Brion, Cheval Blanc, Pichon- Lalande, Lynch-Bages, and Léoville-Las-Cases. The 1990 & 2000 Margaux, 1990 Montrose and 2000 La Mission Haut-Brion have all earned the elusive 100-point score. A preview of many of the wines to be opened: Château Calon-Ségur Château Cheval Blanc Château Clinet Château La Conseillante Château Cos d’Estournel Château Ducru-Beaucaillou Château Grand-Puy-Lacoste Château Gruaud Larose Château Haut-Brion Château Lafi te Rothschild Château Latour Château Léoville-Las-Cases Château Léoville Poyferré Château Lynch-Bages Château Margaux Château La Mission Haut-Brion Château Montrose Château Mouton Rothschild Château Palmer Château Pichon-Longueville, Baron Château Pichon-Longueville, Lalande *Wines are subject to change Please contact Gwen Brooks at 312.854.0096 or email [email protected] for reservations. The World’s Best Wines Available at HDH Retail Our exceptional retail offerings include highly-rated, newly-released vintages as well as a vast array of mature cellar selections.
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