IRVINE, Calif., June 17, 2011 /PRNewswire-Asia/ -- Spectrum Wine Auctions will hold its remarkable two-day Summer 2011 Auction, June 25 and 26 at the brand new Ritz-Carlton, Hong Kong. The sale will begin promptly at 10:00 a.m. HKT (June 24 and 25, 7:00 p.m. PDT) and will feature 2,300 lots of rare wine with a staggering estimated value of $7 million (HK$54.5 million), making it the largest live sale to be held by Spectrum Wine since launching in November 2009. The Southern California-based auction house has quickly captured the international spotlight over the course of six live sales, totaling over $23.3 million (HK$181.3 million). Richard Brierley, current Head of Fine Wine at Vanquish Ltd., and previous Head of North American Wine Sales at Christie's, will preside as auctioneer. The auction will offer wines from three extraordinary single-owner collections, "The Aubrey McClendon Collection Part V," "The Pennsylvania Underground Collection," and "A Major General's Collection." Bids may be placed in person, live online and by phone, or in advance via fax. Interested buyers may preview 360-degree photographs of bottles from each lot prior to the sale, and may request a complimentary catalog at www.spectrumwine.com or by calling 949.748.4845.
Spectrum Wine Auctions Summer 2011 Auction Highlights:
Coinciding with the live auction, bidders may visit www.spectrumwine.com to partake in Spectrum Wine's Summer 2011 Internet Auction, which closes June 30 at 6:00 p.m. PDT. With 2,230 lots and an estimate of $750,000, the internet sale is by far the largest to be offered by Spectrum Wine Auctions to date. Like all of Spectrum Wine's semi-monthly sales, the Summer 2011 Internet Auction offers buyers around the world cellared wines of various price points, vintages and regions rarely found in traditional retail outlets. Highlights include lot #3028: 9 bottles of 1992 Chateau Lafite Rothschild (estimate: US$5,000, HK$37,500), lot #3061: 3 bottles of 2000 Chateau Mouton Rothschild (estimate: US$3,000, HK$22,500), lot 3475: 1 bottle of 1979 Krug Grand Cuvee in original gift box (estimate: US$500, HK$3,750), lot 3535: 1 bottle of 2002 Bouchard La Romanee Grand Cru (estimate: US$750, HK$5,500), lot 3947: 5 bottles of 1989 Beaucastel Chateauneuf-du-Pape (estimate: US$800, HK$6,000), lot 5042: 10 bottles of 1989 Vietti Barolo Rocche (estimate: US$1,200, HK$9,000), lot 5054: 1 bottle of 1970 Vega Sicilia Unico (estimate: US$550, HK$4,250), lot 5153: 12-bottle assortment of Zind Humbrecht Vendange Tardive (estimate: US$950, HK$7000), lot 4615: 1 bottle of 2007 Scarecrow Cabernet Sauvignon (estimate: US$650, HK$5,000). Complimentary printed catalogs are available by request at www.spectrumwine.com.
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