Home Industry News Releases Back-to-Back Auctions Realize $5.5M: It’s Time to Consign!

Back-to-Back Auctions Realize $5.5M: It’s Time to Consign!

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14 December – On Wednesday, the evening of December 9th, Zachys President Jeff Zacharia took the podium to commence Pioneers I, a 338-lot single-owner sale. The sale flew by, taking under two hours, but not before selling every lot and beating its pre-sale estimate by nearly 50%, realizing a grand total of $2.3 million!

In Pioneers I, right bank Bordeaux was top dog, especially Petrus, which occupied the top four lots with a three-way tie for first place amongst them at $47,120. DRC wasn’t far behind though with a 6-pack of 1999 Montrachet netting $42,160. DRC managed to net a combined total of $379,580. The Cheval Blanc section of this sale was the true highlight however; in 63 lots, this parcel-dense section containing all the best vintages of the Chateau realized a whopping $447,392!

Top Five Lots Pioneers I

The following day, Zachys kicked off the 2020 Holiday Auction. This 669-lot session ended at 98% sold and a price realized of $3.2 million: 35% above the projected low estimate. 

The star of the show was the stellar collection of Lafite Rothschild dating all the way back to 1806, with vintages not even featured in the 2019 Lafite Auction (not to mention three bottles of Lafite Blanc)! These 83 lots brought in a combined $475,416. For the entire sale, Lafite would go on to bring in $537,044. The 1811 Lafite did manage to crack the top ten at $37,200 but looking at sheer prince realized: DRC was the winner grabbing the top seven lots and raking in a sale total of $622,356. The Hong Kong style spirit section at the end of the sale also had some notables, with a 30-year old Hibiki netting $4,219 and a slew of Pappy Van Winkles going for a total of $11,160!

Top Ten Lots 2020 Holiday Auction

Zachys President Jeff Zacharia had this to say, “It was a privilege to bring both of these sales to fruition: the collection of a longtime friend of the firm and our annual Holiday auction; both were an incredible success! We’d like to thank each and every one of our bidders and consignors who’ve participated in our auctions this year, as well as the entirety of the Zachys staff for making all of this continued success possible. Though it may seem far and away now, our next big auction is just around the corner in the new year with La Paulée. Happy holidays and new year to all, we look forward to seeing you in 2021!”

We’ve already started bringing in consignments for the new year, so take advantage of this hot market and email [email protected] now.

 

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