North Shore Living
The Sotheby’s brand is truly unique, diverse, and if put in one word it is simply extraordinary. From our affiliation with the world-renowned Sotheby’s, formerly known as the Sotheby’s Auction House that is constantly making headlines from record breaking sales, to the Sotheby’s International Realty movement that now sees our firm in over 49 countries and territories worldwide with over 480 offices and roughly 14,000 real estate professionals, this brand is truly spectacular. Also known for being pioneers in some of the finest and rarest wine that can be found across the globe, the Sotheby’s brand how now just published their inaugural rankings of the best global wine producers.
The Sotheby’s report informs us that Domaine de la Romanee-Conti tops the list for this first ever ranking system for the past year of 2013. The top ten list goes over the best selling wine producers from over the past year based both on retail sales as well as at auction. The top selling wine markets according to various regions are also highlighted in the report.
As a whole, Sotheby’s sold $57.9 Million worth of fabulous wine at auction in 2013, with a remarkable $19.8 Million of that, or 34%, being sold in single-owner sales. Throughout 2013, the top lot that sold at auction was achieved in London for a case of Chateau Latour a Pomerol 1961 that obtained $167,508 upon its sale. The next most noteworthy sale was from an auction in New York for Opus One Vertical that went to a lucky buyer for $165,000.
Sotheby’s now has an immensely growing presence in the selling of top wines in the United States, Asia, and all throughout Europe. Ultimately, the brand’s progression in the pricing and selling of wines has invigorated this niche market as the sales figures have offered a reliable and constantly changing barometer of the world’s most sought after wines.
Jamie Ritchie, the CEO and President of Americas and Asia Sotheby’s Wine, recently commented on this inaugural ranking and stated that,
"The story of the 2013 Sotheby's Ranking is the dominance of Domaine de la Romanee-Conti. Despite very limited production, strong demand led to high prices, making DRC our biggest seller globally in 2013 with sales of $7.2 million. Bordeaux was also heavily in demand making up 60 per cent of auction sales, Champagne led retail sales, and the $165,000 Opus One Vertical was only narrowly beaten to the top of our list of highest prices."
It is with great excitement that we can proudly say we are affiliated with such a name like Sotheby’s. The diversity of this brand is unrivaled, and the publishing of such data on their wine auctions will go a long way to transforming the market due to these valuable high-level snapshots of global wine demand. This indeed is the evolution of the extraordinary, this is Sotheby’s.
- Bridget Riley’s work on paper when Dark Green and Blue with Red Added, Plain Diagonal (1979) sold above its estimate and went for £338,500
- William Turnbull’s Large Horse (1988-1989) selling for triple it’s pre-sale low and going for £614,500
- Eric Gill’s Contortionist, which nearly doubled the previous world record, selling this time for £278,500
- Edward Burra’s watercolor known as Savoy Ballroom, Harlem, that fetched £542,500
- Patrick Caulfield’s Forecourt (1975) that sold for £446,500
Remarkable auctions are continuously being held at the auction house at Sotheby’s. Now, another one is set to occur on this coming Wednesday, December 11th at Sotheby’s in New York City. Known as the Magnificent Jewels Sale, this auction will be headlined by a one of a kind piece, a 51.75 ct. fancy vivid yellow diamond that is estimated to sell for $2.5-3.5 Million.
Sotheby’s recently is coming off of another thrilling event at the auction house dating back just a few weeks ago. It was here when Jony Ive & Marc Newson designed watches, an aluminium desk, Leica Camera and more were auctioned off for charity. This occasion, including recent art sales continuously have been achieving sales prices that have exceeded experts pre-auction sales estimations. So, with this forthcoming occasion in New York City already creating quite the buzz, it is bound to be yet another success.
Some of the other noteworthy items that will be available include a pair of Bulgari 18k gold, spinel, turquoise and diamond earrings. This jewelry was inspired by Elizabeth Taylor and Cleopatra, and will see all of the final sales price go towards the Elizabeth Taylor AIDS Foundation.
Next, an Indian-inspired 18k gold, emerald, and diamond necklace created by Cartier back in 1947 will become available. This sparkling prized good has more than 100 cts. t.w. Colombian emeralds and is anticipated to be bought for roughly $600,000-$800,000.
A platinum and diamond ring that has a 24.48 ct. D-color VS1 clarity emerald-cut diamond is going to be one of the most hotly contested masterpieces up for auction. This brilliant piece has pre-auction estimates pegging it’s eventual sales price to rise anywhere from $1.5-$2.5 Million.
Finally, one of the other greatest products worth mentioning that will have a new owner on December 11th will be an Egyptian-revival Faience and Jeweled brooch. This special jewelry is incredibly rare as it represents just one of only two fan-shaped brooches ever made by Cartier. It thus goes without saying that it is no surprise that a piece of this uniqueness is expected to fetch $300,000-$500,000.
It is so exciting to realize how impressive all of these auctions have been as of late and have always been during the long-standing history of the Sotheby’s name. Being a member of this superb brand from it’s world-renowned auction house that is making record-breaking headlines each month, to our global white glove real estate service that continues to grow, there really is nothing as satisfying and motivating to be a part of quite like Sotheby’s is.