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1 HONG KONG Finest and Rarest Wines Sunday 24 May 2009

2 International Wine Department & Auction Calendar INTERNATIONAL HEAD OF THE WINE DEPARTMENT David Elswood Tel: +44 (0) LONDON Chris Munro Tel: +44 (0) NORTH AMERICA Charles Curtis M.W. Tel: SENIOR CONSULTANTS Michael Broadbent M.W. Anthony Hanson M.W. Tel: +44 (0) BUSINESS MANAGERS AMERICAS Anne-Marie Bazzani Tel: FRANCE Virginie Aubert Tel: +33 (0) LONDON Shona McIntosh Business Co-ordinator Tel: +33 (0) WORLDWIDE AMSTERDAM Peter Mansell Tel: +31 (0) BELGIUM Fiona Morrison, M.W. Tel: +32 (0) BORDEAUX Patrick Danglade Tel: +33 (0) GENEVA Oliver Wiseman Tel: +33(0) Michel Ganne Tel: +41(0) LONDON Carolyn Holmes Tim Triptree Antonia Essex Noah May Duncan McEuen (Consultant) Tel: +44 (0) NEW YORK Scott Torrence Rik Pike Amanda Crawford Charles Antin Tel: PARIS Oliver Wiseman Tel: +33(0) Emmanuel Mercé Tel: +33(0) Michael Ganne Tel: + 33(0) HONG KONG Michael Au Tel: /02/09 AUCTION CALENDAR 2009 To include your property in these sales please consign ten weeks before the sale date. Contact the specialists or representative office for further information. 25 APRIL FINE AND RARE WINES NEW YORK 30 APRIL FINE AND RARE WINES FROM THREE EXCEPTIONAL EUROPEAN COLLECTIONS LONDON, KING STREET 12 MAY FINE WINES GENEVA 19 MAY FINEST AND RAREST WINES: THE EVENING SALE NEW YORK 19 MAY FINEST AND RAREST WINES AMSTERDAM 24 MAY FINEST AND RAREST WINES HONG KONG 11 JUNE FINEST AND RAREST WINES LONDON KING STREET 10 SEPTEMBER FINE AND RARE WINES LONDON, KING STREET 26 SEPTEMBER FINE AND RARE WINES NEW YORK 10 OCTOBER FINE AND RARE WINES NEW YORK 1 NOVEMBER FINE WINE AND VINTAGE PORT AMSTERDAM 5 NOVEMBER FINE AND RARE WINES LONDON, KING STREET 15 NOVEMBER 149EME VENTE DES VINS DES HOSPICES DE BEAUNE BEAUNE 17 NOVEMBER FINE WINES GENEVA 21 NOVEMBER FINE AND RARE WINES NEW YORK 29 NOVEMBER FINEST AND RAREST WINES HONG KONG 3 DECEMBER FINEST AND RAREST WINES AMSTERDAM 9 DECEMBER FINEST AND RAREST WINES: THE EVENING SALE NEW YORK 10 DECEMBER FINE AND RARE WINES LONDON, KING STREET Subject to change. 20/04/09

3 FINEST AND RAREST WINES Sunday 24 May 2009 AUCTION Sunday 24 May 2009 at 2.00 pm Lots To be held at: Convention Hall Hong Kong Convention and Exhibition Centre No.1 Harbour Road Wanchai Hong Kong Tel: Fax: AUCTION CODE AND NUMBER In sending absentee bids or making enquiries, this sale should be referred to as LAFITE-2701 AUCTIONEER David Elswood Unless otherwise stated all tasting notes that appear in this catalogue are from Michael Broadbent s new book Vintage Wine, Anthony Hanson and David Elswood SPECIALISTS David Elswood, International Head of Wine Department Tel:+44 (0) Chris Munro, Head of Sale Tel:+44 (0) Tim Triptree, Specialist Tel:+44 (0) Antonia Essex, Senior Administrator Tel:+44 (0) Fax:+44 (0) ENQUIRIES Michael Au Tel: Fax: First initial followed by last (eg. David Elswood = delswood@christies.com)for general enquiries about this auction should be addressed to the auction administrator Front cover: Lots SERVICES GENERAL INFORMATION Tel: Fax: ABSENTEE AND TELEPHONE BIDS Billie Soh Iman Cheung Tel: Tel: Fax: Internet: christies.com CLIENT SERVICE Iman Cheung Clarissa Wong Heidi Ng Mandy Man Tel: Fax: AUCTION RESULTS UK: +44 (0) HK: Internet: christies.com This auction features Bid live in Christie s salerooms worldwide register at PAYMENT: BUYERS Tel: Fax: PAYMENT: CONSIGNORS Tel: Fax: CATALOGUES ONLINE Lotfinder Internet: christies.com ART TRANSPORT Francis Tsang Aaron Wong Nick Tang Tel: Tel: Tel: Fax: CONDITIONS OF SALE This auction is subject to Important Notices, Conditions of Sale and to Reserves [250] christies.com View catalogues and leave bids online at christies.com

4 ALL WINES IN THE SALE LYING AT DHL IN HONG KONG A REMARKABLE AND PRISTINE COLLECTION OF FINEST QUALITY BORDEAUX IN ORIGINAL WOODEN CASES, INCLUDING TEN PERFECT CASES OF LAFITE-ROTHSCHILD 1982 The following lots, 1-72, represent what all fine wine drinkers dream about - a 'one-owner' selection of the finest quality wines in pristine and perfect condition, still packed in their original wooden cases with levels all showing at base of neck or better. The history and storage of this exceptional collection is also well recorded, with every case being stored since original purchase in the cool underground cellars of Octavian at Corsham in the rural English county of Wiltshire. A few examples have U.S. slip labels but the purchase record indicates that none of these cases have ever left UK storage until the temperature-controlled shipment to Hong Kong for this sale. There are truly very few genuine opportunities now to find wines of this quality and provenance in the trading-obsessed global market of today. An enticing prospect and absolute must for any Bordeaux lover, in particular the 120 bottles of Lafite- Rothschild 1982 which open the sale. David Elswood International Head of Wine Department Château Lafite-Rothschild=Vintage 1982 Pauillac, 1er cru classé. Château-bottled Excellent appearance. Original tissues. Levels base of neck or better Tasting Note: By 2001, mouthfilling, so much on show, so much more to come. Most recently, double decanted and served 5 hours later: still deep and velvety, with a virtually opaque core; the bouquet already aroused and holding its fragrance; medium-sweet, delicious flavour and persistence. Tamed tannins. Last noted Dec 2004 ****(*) M.B bottles per lot HK$150, , ,, US$20,000-26, ,, ,, ,, ,, per lot HK$750,000-1,000,000 US$97, ,000 Château Mouton-Rothschild=Vintage 1982 Pauillac, 1er cru classé. Château-bottled Excellent appearance. Original tissues. Levels base of neck or better Tasting Note: Over two dozen notes, consistently good. A magnificent '82, its higher percentage of Cabernet Sauvignon (80%) always very noticeable. At 10 years of age, massively spicy nose and flavour, still youthful but fleshy. Later in the 1990s, mulberry-ripe Cabernet nose, intense, dramatic. Half a dozen recent notes which can be summarised: still fairly deep, rich, dark cherry, positive but mature rim; sweet, glorious fragrance, distinctive Cabernet aroma, great depth, touch of mocha, brown sugar and mild ginger (you name it); very sweet entry, great length, dry finish with lashings of fruit and flesh in between. A great classic, dramatic, Mouton. Last tasted Nov 2005 ***** M.B bottles per lot HK$60,000-80,000 US$7,800-10, ,, per lot HK$120, ,000 US$16,000-21, ,, per lot HK$180, ,000 US$24,000-31,000 Château Haut-Brion=Vintage 1982 Pessac (Graves), 1er cru classé. Château-bottled Excellent appearance. Levels 3.5 cms. below base of corks or better Tasting Note: 12,000 cases made, far fewer than any other 1er cru classés. Almost as many notes. So different in style, so good - and a totally different cépages mix, roughly 50/50 Cabernet Sauvignon and Merlot, on the deep Pessac soil. Most recently: a glowing, mature, tilered; sweet, now very soft, rich, complete. Tannin assimilated. Last noted at the MW Haut-Brion tasting, Jan 2000 ***** Superb M.B bottles per lot HK$50,000-60,000 US$6,500-7,700 Château Margaux=Vintage 1982 Margaux, 1er cru classé. Château-bottled U.S. import back labels. Excellent appearance. Levels into neck Tasting Note: Twice tasted in cask, first in May (1983) and just before bottling in Sept 1984, and on each occasion dazzled and beguiled, as so often by its fabulous aroma and mouthfilling ripeness. At 10 years of age, its bouquet opened up gloriously in the glass; on the palate, crisp, delicious. Consistently top of the class at several major tastings in the late 1990s M.B bottles per lot HK$50,000-60, ,, US$6,500-7,700 Château Cheval-Blanc=Vintage 1982 Saint-Emilion, 1er grand cru classé (A). Château-bottled Excellent appearance. Levels into neck Tasting Note: Superb wine first tasted in cask (Cabernet Franc 60%, Merlot 34%, Malbec 5%, a dash of Cabernet Sauvignon, 1%). Charming and winsome. By the mid- 1990s oozingly rich sunburnt 'legs'; rich bouquet; well evolved but with slightly bitter tannic / iron finish. Most recently: medium-deep, lovely colour; distinctive style, harmonious; touch of earthiness and iron, very distinctive, silky texture, perfection. Last tasted July 2002 ***** M.B bottles per lot HK$60,000-75,000 US$7,800-9,700 2

5 Lots

6 Château Margaux=Vintage 1983 Margaux, 1er cru classé. Château-bottled Excellent appearance. Levels base of neck or better Tasting Note: Unquestionably the wine of the vintage: beautiful colour, medium-deep and still youthful; the inimitable Margaux fragrance soaring out of the glass; sweet, soft and rich. It fills the mouth with flavour and seems to last for ever. Most recently: richly coloured; classic bouquet; delicious fruit and balance. A beautiful wine. Long life. Last tasted Dec 2005 ***** M.B bottles per lot HK$25,000-30, ,, US$3,300-3, ,, per lot HK$50,000-60,000 US$6,500-7,700 Château Pétrus=Vintage 1990 Pomerol, cru exceptionnel. Château-bottled Integrated U.S. import labels. Excellent apperance. Levels into neck. In U.S. import stamped original wooden cases Tasting Note: The phenomenally rich, well-endowed 1990 Pétrus has been magical from the first time I tasted it in cask. The colour is a dense, jammy plum/purple. The wine possesses a knock-out nose of black fruits intertwined with aromas of toasty new oak, caramel, and flowers. Massively rich and full-bodied, with slightly lower acidity and sweeter tannin than its older sibling, the 1989, the 1990 is an extraordinarily rich, seamless wine with layers of flavour, and a finish that lasts for nearly 45 seconds. Robert Parker Bordeaux Book 3rd Edition (1998) bottles per lot HK$200, , ,, US$26,000-32,000 Château Haut-Brion=Vintage 1989 Pessac (Graves), 1er cru classé. Château-bottled Tasting Note: Two notes in 2000, with almost identical descriptions: medium-deep, maturing, its colour soft and mellow; warm, rich, slightly earthy nose and taste. Bouquet opening up beautifully; soft mellow repeated, sweet, full, rich, lovely flavour but with teeth-gripping acidity. Most recently, a double magnum: rich, fruity. Nov 2001 ***(**) M.B bottles per lot HK$220, , ,, US$29,000-39, ,, per lot HK$300, ,000 US$39,000-52,000 Château Latour=Vintage 1995 Pauillac, 1er cru classé. Château-bottled In six-bottle original wooden cases Tasting Note: 100% new oak noted when first tasting the '95 at the château in April As expected, very intense, with opaque core; gloriously sweet and fragrant nose; good consistency, well integrated, very dry tannic finish. Next, in November 1997, at the pre-sale tasting mentioned above, with more flesh and fruit than the Lafite. Very good, but colossally tannic at the MW Tasting in A fine wine. Long life predicted. Last tasted March 2001 *****. M.B bottles per lot HK$25,000-30,000 US$3,300-3,900 Château Margaux=Vintage 1990 Margaux, 1er cru classé. Château-bottled U.S. import front and back labels. Excellent appearance Tasting Note: Even in cask, lean, stylish and supple, its inimitable aroma, raspberry-like, quick to evolve. Developing well through that decade, fragrant, fleshy. At ten years of age, rich nose of great depth; sweet, well constituted, excellent length. Most recently: plummy, deep core but starting to mature; very fragrant bouquet; lovely flavour, excellent balance but very tannic - needed food, and more time. Last tasted May 2005 ***(*) M.B bottles per lot HK$60,000-85,000 US$7,800-11,000 Château Mouton-Rothschild=Vintage 1995 Pauillac, 1er cru classé. Château-bottled Tasting Note: Most recently: medium-deep with relaxed rim; nose fragrant, slightly vegetal at first, but harmonious, developing sweetly. Sweet on the palate too, rich, complete, perfect weight. Very good wine. Last tasted Sept 2005 ***(**) M.B bottles per lot HK$40,000-50,000 US$5,200-6, ,, per lot HK$60,000-75,000 US$7,800-9,700 Château Haut-Brion=Vintage 1995 Pessac (Graves), 1er cru classé. Château-bottled bottles per lot HK$17,000-22,000 US$2,200-2,800 4

7 Château Pétrus=Vintage 1995 Pomerol, cru exceptionnel. Château-bottled In six-bottle original wooden cases Tasting Note: The wine exhibits an opaque ruby/purple colour, followed by a knock-out nose of pain grillé, jammy black fruits, and roasted coffee. On the palate, it possesses teeth-staining extract levels, massive body, and rich, sweet black fruits buttressed by powerful, noticeable tannin. A formidably endowed wine with layers of extract, this is a huge, tannic, monstrous-sized Pétrus that will require a minimum of 10 years of cellaring. Robert Parker, Wine Advocate 115, February bottles per lot HK$100, ,000 US$13,000-19, ,, per lot HK$200, ,000 US$26,000-39,000 Château L'Eglise-Clinet=Vintage 1995 Pomerol. Château-bottled bottles per lot HK$18,000-22,000 US$2,400-2, ,, per lot HK$27,000-33,000 US$3,500-4,300 Château Lafite-Rothschild=Vintage 1996 Pauillac, 1er cru classé. Château-bottled Tasting Note: Very deep and intense, with opaque core but showing signs of maturity at its rim; very good nose, cedary, subdued - will need air and coaxing; surprisingly sweet, good firm fruit, almost chewable, and long dry finish. As so often, this is a wine that needs time and patience, particularly in a vintage like '96. Last tasted May 2007**(**) M.B bottles per lot HK$50,000-60,000 US$6,500-7, ,, per lot HK$100, ,000 US$13,000-15,000 Château Margaux=Vintage 1996 Margaux, 1er cru classé. Château-bottled Tasting Note: An outstanding wine and, as so often, a joy to taste from the start. A high percentage (85%) of Cabernets Sauvignon and Franc. Totally different style to the '95, leaner, spicy, taut fruit, finesse. Good nose, dumb at first but developed lovely fragrance; good flavour and length but tannic and unready. Last tasted June 2003 **(***) M.B bottles per lot HK$75, , ,, US$9,700-13, ,, ,, Château Mouton-Rothschild=Vintage 1996 Pauillac, 1er cru classé. Château-bottled Tasting Note: Very deep and intense, very fragrant, crisp fruit, whiff of mocha and chocolate, sweet and fleshy; touch of liquorice and black pepper, delicious flavour, leathery tannins. Last tasted Sept 2005 **(***) M.B bottles per lot HK$16,000-20, ,, US$2,100-2,600 Château Pichon-Longueville, Lalande=Vintage 1996 Pauillac, 2me cru classé. Château bottled Tasting Note: Several notes. Complete contrast in flavour and style to the neighbour's Baron: rich colour, rich 'legs'; crisp, good fruit on nose and palate. Fleshy, with silky, leathery tannins. An attractive wine. Last tasted Nov 2002 **** Now M.B bottles per lot HK$20,000-30,000 US$2,600-3,900 Château Léoville-Las-Cases=Vintage 1996 Saint-Julien, 2me cru classé. Château-bottled Tasting Note: A profound Léoville Las Cases, it is one of the great modern day wines of Bordeaux. This wine's hallmark remains a sur-maturite (over-ripeness) of the Cabernet Sauvignon grape. Yet the wine has retained its intrinsic classicism, symmetry, and profound potential for complexity and elegance. Robert Parker, Wine Advocate 122, April bottles per lot HK$15,000-18,000 US$2,000-2,300 Château Latour=Vintage 1996 Pauillac, 1er cru classé. Château-bottled Tasting Note: Fairly deep, intense, high-toned, ripe Cabernet Sauvignon aroma, crisp, developed well in the glass, full-flavoured and attractive. A long-haul wine. Last tasted June 2007*(***) M.B bottles per lot HK$85, ,000 US$11,000-14, ,, per lot HK$130, ,000 US$17,000-21,000 Château Margaux=Vintage 1997 Margaux, 1er cru classé. Château-bottled Tasting Note: Undoubtedly a success for the vintage, this immensely charming, dark ruby/purple-coloured wine exhibits floral, blackcurrant, and smoky, toasty oak aromas. There is admirable richness, excellent ripeness, not a great deal of density, or superb concentration, but plenty of finesse, suppleness, and character. It can be drunk young, or cellared for years. Robert Parker, Wine Advocate 128 April bottles per lot HK$25,000-35, ,, US$3,300-4,500 5

8 Château Lafite-Rothschild=Vintage 1998 Pauillac, 1er cru classé. Château-bottled In six-bottle original wooden cases Tasting Note: Two notes, first at the château in the spring of 1999: good flesh. Most recently: plummycoloured; good fruit, waxy, 'honeycomb' nose that sweetened in the glass; agreeable though with toothgripping tannin. Good future. Last tasted, March 2006 (****) M.B bottles per lot HK$180, , ,, US$24,000-32,000 Château Margaux=Vintage 1998 Margaux, 1er cru classé. Château-bottled Tasting Note: First tasted in the chai in April 1999: fairly deep, plumy-purple; sweet entry, dry finish, good fruit. Next at Wagner's vertical, similar description though, given time in the glass, a great whoosh of fruit and oak, within an hour a touch of caramel, after three hours positively exotic. Crisp, dry and fruity. Last tasted in Zurich, Nov 2000 (****) M.B bottles per lot HK$35,000-45,000 US$4,600-5, ,, per lot HK$55,000-70,000 US$7,100-9,000 Château Mouton-Rothschild=Vintage 1998 Pauillac, 1er cru classé. Château-bottled Tasting Note: Classic Mouton cépage blend - Cabernet Sauvignon 86%, Merlot 12% and Cabernet Franc 2% - and 57% of the crop used for the grand vin. In March 1999, opaque, intense; complete; more flesh and fruit than the '97. More recently, with Patrick Léon: spicy, fragrant, very 'Mouton' aroma; good fruit and length. Very tannic yet fleshy. Last tasted at the château, April 2000 (****) M.B bottles per lot HK$18,000-24,000 US$2,400-3, ,, er lot HK$36,000-48,000 US$4,700-6,200 Château Haut-Brion=Vintage 1998 Pessac (Graves), 1er cru classé. Château-bottled bottles per lot HK$90, , ,, US$12,000-15,000 Château La Mission-Haut-Brion=Vintage 1998 Talence (Graves), cru classé. Château-bottled Tasting Note: Merlot 65%, Cabernet Sauvignon 35%. Youthful; fragrant, good fruit and depth, became more tarry in the glass; substantial, full of fruit, oak, good length, dry finish. At the château, Oct 2001 (****) M.B bottles per lot HK$22,000-30,000 US$2,900-3, ,, per lot HK$33,000-45,000 US$4,300-5,800 Château Pétrus=Vintage 1998 Pomerol, cru exceptionnel. Château-bottled In six-bottle original wooden cases Tasting Note: The 1998 Pétrus is unquestionably a fabulous effort boasting a dense plum/purple colour as well as an extraordinary nose of black fruits intermixed with caramel, mocha, and vanilla. Exceptionally pure, super-concentrated, and extremely full-bodied, with admirable underlying acidity as well as sweet tannin, it reveals a superb mid-palate in addition to the luxurious richness for which this great property is known. Robert Parker; Wine Advocate 134 April bottles per lot HK$170, ,000 US$22,000-28,000 Château Cheval-Blanc=Vintage 1998 Saint-Emilion, 1er grand cru classé (A). Château-bottled Lot 56 in six-bottle and twelve-bottle original wooden cases bottles per lot HK$40,000-50, ,, US$5,200-6,500 Le Pin=Vintage 1998 Pomerol. Château-bottled Tasting Note: A beautifully made, dark ruby/garnet/plum-coloured wine, the 1998 Le Pin offers an exotic bouquet of coconut, kirsch liqueur, and jammy blackberries, all flamboyantly dosed with smoky new oak. It is dense, rich, and plush, with a good tannic framework. Robert Parker, Wine Advocate 134, April bottles per lot HK$75, ,000 US$9,700-13,000 Château Cheval-Blanc=Vintage 1999 Saint-Emilion, 1er grand cru classé (A). Château-bottled bottles per lot HK$17,000-22,000 US$2,200-2,800 Château Lafite-Rothschild=Vintage 2000 Pauillac, 1er cru classé. Château-bottled Tasting Note: Three notes, from an aromatic, fleshy, extended cask sample in March 2001, two very recent: impressive depth and colour, velvety sheen, long legs; very sweet, delicious, fragrant aroma; fairly sweet on the palate, very crisp, perfect weight (12.5%), attractive. Great future. Last tasted March 2006 *(****) M.B bottles per lot HK$75, ,000 US$9,700-13, ,, per lot HK$150, ,000 US$20,000-26,000 6

9 Château Margaux=Vintage 2000 Margaux, 1er cru classé. Château-bottled Tasting Note: Fairly deep relaxed; very good, fragrant, whiff of coffee; medium sweet, attractive but very tannic. Last tasted May 2006 ***(**) M.B bottles per lot HK$60,000-75, ,, US$7,800-9, ,, VINTAGE PORT FROM THE OUSTANDING 1966 VINTAGE Dow=Vintage 1966 Bottled by Grants of St. James's, London. Embossed plastic capsules. Levels base of neck or better. In original carton (12) Graham=Vintage 1966 English-bottled. Embossed plastic capsules. Replacement labels. Levels: nine into and three base of neck (12) Taylor=Vintage 1966 Bottled by the Wine Society. Damaged, embossed, wax capsules. Bin-soiled and three slightly stained labels. Levels base of neck or better (12) bottles per lot HK$40,000-50,000 US$5,200-6,500 Château Haut-Brion=Vintage 2000 Pessac (Graves), 1er cru classé. Château-bottled Tasting Note: Opaque; rich, great depth; excellent fruit, complete, richly textured, velvety tannins, great length. At the château, March 2001 (*****) Classic. Long life. M.B bottles per lot HK$85, , ,, US$11,000-14, ,, Château La Mission-Haut-Brion=Vintage 2000 Talence (Graves), cru classé. Château-bottled Tasting note: Opaque core, velvety, intense; rich, brambly aroma and flavour. Lovely taste. More grip than Haut-Brion. At the château, March 2001 (*****). Great future. M.B bottles per lot HK$45,000-55,000 US$5,900-7, ,, per lot HK$90, ,000 US$12,000-14,000 Château Cheval-Blanc=Vintage 2000 Saint-Emilion, 1er grand cru classé (A). Château-bottled Tasting Note: Very successful vintage. Most recently: fairly deep, plummy rim; brambly fruit, whiff of vanilla and spice; perfect balance and constitution, touch of coffee (oak) and dry finish. Lovely future. Last tasted Jan 2006 **(***) Nov M.B bottles per lot HK$120, , ,, US$16,000-22,000 COLLECTOR'S LOT OF FINE VINTAGE PORT Cockburn=Vintage 1970 Bottled by Cockburn's, London. Plain wax capsules, one with signs of seepage. Glue-stained labels. Levels eleven base of neck or better and one top-shoulder. Not in original wooden case (12) Dow=Vintage 1970 Oporto-bottled. Two slightly corroded capsules. Levels into neck. In original carton (12) Warre=Vintage 1970 English-bottled by Corney & Barrow. Bin-soiled labels. Levels base of neck (12) Sandeman=Vintage 1977 Oporto-bottled. Levels into neck. In original wooden case (12) Cockburn=Vintage 1983 Oporto-bottled. Bin-soiled and damaged labels. Levels into neck. In original wooden case (12) bottles per lot HK$32,000-40,000 US$4,200-5, ,, 7

10 CHRISTIE'S CELLAR LOTS The following lots, 75 to 77, are a new concept, unique to Christie's Fine Wine Auctions, which represent an exciting option for the bidder to purchase a complete and ready made collection of top quality wine at different levels of price and rarity. The Collector's Lot is ideal for someone looking to establish a new cellar from scratch with an instant infusion of more mature wines that are ready for drinking. The Connoisseur's Lot takes the same principal to a slightly higher level and may be more suited for augmenting an existing cellar. The Ultimate Luxury Lot is just that - a stunning and ultra rare collection of wines that would grace any established cellar or prestige collection. Additionally, many of the Bordeaux wines included have been recently removed from the cool and slightly damp conditions of an English Country House cellar so the wines, if not always the labels, will be in peak condition for drinking or further storage! David Elswood THE COLLECTOR'S LOT Dow=Vintage 1977 Good appearance. Levels into neck. In original wooden case magnums (6) Château Léoville-Barton=Vintage 1978 Good appearance. Levels twenty-one base of neck or better and three top-shoulder. In original wooden cases (24) Château Pavie-Decesse=Vintage 1978 Excellent appearance. Levels base of neck or better. In original wooden cases (24) Château Lagrange=Vintage 1982 Damp-stained labels. In original wooden cases (24) Château d'issan=vintage 1982 Corroded capsules. Levels base of neck or better. In original wooden cases (24) Château Cos d'estournel=vintage 1985 Excellent appearance. Levels into neck. In original wooden cases (24) Château La Lagune=Vintage 1988 Damp-stained labels. Levels base of neck or better. In original wooden cases (24) Château Pichon-Longueville, Baron=Vintage 1989 Excellent appearance. Levels into neck. In original wooden case (12) Château Guiraud=Vintage 2005 In original wooden cases halves (48) Puligny-Montrachet=Vintage 2006 A. Chavy. In original cartons (24) Bollinger Special Cuvée Brut In six-bottle original cartons (24) 275 Above 20 cases per lot HK$100, ,000 US$13,000-19,000 THE CONNOISSEUR'S LOT Dow=Vintage 1970 London-bottled by Courtney Wines. Slightly corroded capsules. Bin-soiled and some damaged labels. Levels into neck (12) Château Montrose=Vintage 1978 Good appearance. Levels top-shoulder or better. In original wooden cases (24) Château Ducru-Beaucaillou=Vintage 1982 Excellent appearance. Levels into neck. In original wooden case (12) Château Gruaud-Larose=Vintage 1982 Good appearance. Levels base of neck or better. In Christie's carton (12) Château Montrose=Vintage 1982 Excellent appearance. Levels base of neck or better. In original wooden case (12) Château Calon-Ségur=Vintage 1982 Good appearance. Levels base of neck or better. In original wooden case (12) Château Grand-Puy-Lacoste=Vintage 1982 Two bin-soiled labels. Levels base of neck or better. In Christie's carton (12) Château Léoville-Barton=Vintage 1986 Very damp-stained and bin-soiled labels. Levels base of neck or better. In original wooden case magnums (6) Château Léoville-Barton=Vintage 1986 Very damp-stained and bin-soiled labels. Levels base of neck or better. In original wooden case (12) Château Beychevelle=Vintage 1988 Excellent appearance. Levels base of neck or better. In original wooden cases (24) Château Cos d'estournel=vintage 1988 In original wooden cases (24) Château Lafite-Rothschild=Vintage 1989 Excellent appearance. Levels into neck. Not in original wooden case (12) Château Rieussec=Vintage 2005 In original wooden cases halves (48) Puligny-Montrachet 1er Cru, Les Folatières=Vintage 1995 Domaine Leflaive. In original carton (12) Krug Grand Cuvée=Non Vintage In six-bottle original cartons (24) 276 Above 20 cases per lot HK$200, ,000 US$26,000-39,000 8

11 THE ULTIMATE LUXURY LOT Taylor=Vintage 1948 Oporto-bottled. Re-waxed capsules. Branded corks. Excellent labels. Levels base of neck or better. Not in original wooden case (12) Château Latour=Vintage 1959 Two corroded capsules. Two damaged labels. Levels topshoulder (3) Château Haut-Brion=Vintage 1959 Bin-soiled labels. Levels 2.5 and 3.5 cms. below base of corks(2) Château La Mission Haut-Brion=Vintage 1959 Badly damaged labels. Levels base of neck and top-shoulder (2) Château Latour=Vintage 1961 Slightly corroded capsules. Bin-soiled labels. Levels two base of neck and one top-shoulder (3) Château Mouton-Rothschild=Vintage 1961 One corroded capsule. One slightly bin-soiled label. Levels base of neck and top-shoulder (2) Château Lafite-Rothschild=Vintage 1982 Excellent appearance. Slightly corroded capsules. Levels base of neck or better. In original wooden case (12) Château Pichon-Longueville, Lalande=Vintage 1982 Excellent appearance. Levels base of neck or better. In original wooden case (12) Château Lafleur=Vintage 1989 Three good appearance, two bin-soiled and damp-stained and one scuffed label. Levels four into and two base of neck. Not in original wooden case (6) Château d'yquem=vintage 2001 Ten bottles in original tissues. Not in original wooden case(12) Grands-Echézeaux=Vintage 1988 Domaine de la Romanée-Conti. Bottle numbers Two damp-stained labels. In original wooden case with damaged lid (12) Charmes-Chambertin Grand Cru Très Vieilles Vignes=Vintage 2005 Joseph Roty. In original carton (12) Châteauneuf-du-Pape, Château de Beaucastel, Hommage à Jacques Perrin=Vintage 1989 In Christie's carton (6) Dom Pérignon Oenothéque=Vintage 1969 Disgorged in In individual gift packs and original carton (4) Dom Pérignon Oenothéque=Vintage 1971 Disgorged in In individual gift packs and original carton (4) Dom Pérignon Oenothéque=Vintage 1975 Disgorged in In individual gift packs and original carton (4) Louis Roederer Cristal=Vintage 1990 Cellophane wrapped. Six bottles in original carton (12) 277 Above 10 cases per lot HK$850,000-1,100,000 US$110, ,000 BORDEAUX VINTAGE 2005 SUPERLOT All offered in original wooden cases Château Ducru-Beaucaillou=Vintage 2005 (12) Château Gruaud-Larose=Vintage 2005 (12) Château Calon-Ségur=Vintage 2005 (12) Château La Lagune=Vintage 2005 (12) Château Palmer=Vintage 2005 (12) Château Lafon-Rochet=Vintage 2005 (12) Château Pape-Clément=Vintage 2005 (12) Château Smith-Haut-Lafitte=Vintage 2005 (12) Château Clos L'Oratoire=Vintage 2005 (12) Château Suduiraut=Vintage 2005 halves (24) 278 Above 10 cases per lot HK$80, ,000 US$11,000-13,000 FINEST & RAREST D YQUEM FROM THE EXTRAORDINARY 1858 & 1864 VINTAGES Château d'yquem=vintage 1858 Sauternes, 1er grand cru classé. Château-bottled Recorked at the Château in Hand-blown glass bottle. Château-branded cork and capsule. Rich, dark treacle colour. Corroded capsule. Slightly bin-soiled label. Level top-shoulder Tasting Note: Most recently; short capsule quite common in Bordeaux at the time, badly bin-soiled label with vintage slip label, upper-shoulder level. Very fragrant raspberries and cream nose and taste. Angelo Gaja, who was also at the tasting, wondered if this was an ice wine (hardly if picked at the end of September). Last tasted September 1998 **** M.B bottle per lot HK$55,000-65,000 US$7,100-8,400 Château d'yquem=vintage 1864 Sauternes, 1er grand cru classé. Château-bottled Recorked at the Château in Hand-blown glass bottle. Château-branded cork and capsule. Rich, dark treacle colour. Corroded capsule. Slightly bin-soiled and knicked label. Level top-shoulder bottle per lot HK$55,000-65,000 US$7,100-8,400 D'YQUEM FROM THE EXCEPTIONAL 1869 VINTAGE Château d'yquem=vintage 1869 Sauternes, 1er grand cru classé. Château-bottled Hand-blown glass bottle. Original cork and Château-branded capsule. Rich, dark treacle colour. Heavily corroded and damaged capsule. Remains of label only, vintage visible. Level into neck bottle per lot HK$22,000-26,000 US$2,900-3,400 9

12 A SELECTION OF RARE YQUEM FROM OUTSTANDING VINTAGES Château d'yquem=vintage 1900 Sauternes, 1er grand cru classé. Château-bottled Reconditioned and recorked at the Château in Branded cork and new embossed Château capsule. Level base of neck. Medium amber colour Tasting Note: Harvested over an extended period, 19 September - 29 November. Four notes, very variable dependant as always on level, condition (and provenance). A beautiful bottle in 1972; a low-shoulder, maderised yet still sweet and surviving bottle in The most interesting, bottled in Bordeaux by H Wulffe, had a bouquet of nutmeg and old honey, concentrated but lacking in length (in Chicago 1988). M.B bottle per lot HK$50,000-60,000 US$6,500-7,700 Château d'yquem=vintage 1929 Sauternes, 1er grand cru classé. Château-bottled Reconditioned and recorked at the Château in Branded cork and new vintage-embossed Château capsule. Slightly damp-stained label. Level into neck. Deep amber colour Tasting Note: Harvest 20 September - 9 October. Sheer perfection on all but one of several memorable occasions. To summarise: slight colour variation though mostly a deep, rich, amber, some a rose-tinted tawny; peaches and cream ride uppermost, also apricots (sorry to drag this out again, but it is so apposite), peeled sultanas, sometimes slightly chocolatey, always richly penetrating. Also always sweet, never seeming to dry out, its flavour being a concentration of all the fragrances just mentioned, with great length and exquisite aftertaste. At best ***** M.B bottle per lot HK$30,000-36,000 US$3,900-4,600 Château d'yquem=vintage 1947 Sauternes, 1er grand cru classé. Château-bottled Reconditioned and recorked at the Château in Branded cork and new vintage-embossed Château capsule. Level base of neck. Medium amber colour bottle per lot HK$17,000-20,000 US$2,200-2,600 Château d'yquem=vintage 1983 Sauternes, 1er grand cru classé. Château-bottled Excellent appearance. Levels base of neck Tasting Note: A plethora of admiring notes so consistent that it is pointless to repeat every description. Never very deep in colour, now an attractive orangegold, its bouquet emitting the usual scents, but with great intensity, apricots, honeyed botrytis, crème brûlée; a sweet, creamy wine masking considerable power and assertiveness. Superb yet still evolving. Last noted in jeroboam at the white/red summit at the Hotel Eden Parc, Bad Schwalbach, Nov 2000 ***** M.B bottles per lot HK$7,500-9,000 US$970-1,200 RARE WINES FROM A PRIVATE LONDON CELLAR Château Lafite-Rothschild=Vintage 1911 Pauillac, 1er cru classé. Château-bottled Recorked by Whitwham & Co. Wines Limited on 7th September 1981 as specified on back label. New Whitwham wax capsule. Reprinted slightly bin-soiled facsimile label. Level top-shoulder bottle per lot HK$7,000-10,000 US$910-1,300 Château Trotanoy=Vintage 1961 Pomerol. Château-bottled Slightly bin-soiled label. Level topshoulder bottle per lot HK$12,000-18,000 US$1,600-2,300 Château Latour=Vintage 1982 Pauillac, 1er cru classé. Château-bottled Slightly damaged capsule. Good label. Level into neck. In slightly damaged original wooden case with replacement lid impériale per lot HK$120, ,000 US$16,000-23,000 Château Tirecul La Gravière, Cuvée Madame Monbazillac =Vintage cls (6) =Vintage cls (6) U.S. import strip labels Tasting Notes: The 1994 Cuvée Madame may be one of the two or three greatest sweet wines I have ever tasted. Only 20 cases of this wine, harvested grape by grape from five to six passes in the vineyard per day, were made from yields of 5 hectoliters per hectare (approximately one-fifth ton of fruit per acre). It tastes like the essence of orange marmalade infused with honey, and some flowery, fruit cocktail concoction. The wine boasts extraordinary purity, and exceptional sweetness, all buttressed by refreshing acidity. Aged in 100% new oak, the wine reveals no evidence of wood, no doubt because of its phenomenal extract. Robert Parker, Wine Advocate 105 June 1996 I have applauded recent efforts of this estate, which goes to unprecedented lengths as well as labor to produce the most amazing sweet wines I have ever tasted. Their two new vintages include a perfect 1995 Cuvée Madame and a totally profound regular cuvée of 1995 Monbazillac. Robert Parker, Wine Advocate 111, June Above 12 bottles per lot HK$10,000-20,000 US$1,300-2,600 Beaune 1er Cru, Grèves=Vintage 1955 Côte de Beaune. French-bottled: Seguin Manuel Recent release. Excellent appearance and levels Tasting Note: Tasting Note: Colour is red garnet of medium depth, with browning rim. Bouquet is exceptional, being fragrant with complex spice and gameyness. On the palate, remarkable flesh, ample middle fruit and splendid, fresh length. A.H bottles per lot HK$8,000-14,000 US$1,100-1,800 10

13 Lot

14 FINE BORDEAUX INCLUDING A RARE CASE OF PETRUS 1947 AND PETRUS 2000 Château Pétrus=Vintage 1947 Pomerol, cru exceptionnel. Belgian bottled by Vandermeulen Good capsules. Bin-soiled and dusty labels. Levels base of neck or better. In Christie's carton The family selling this wine can trace ownership back directly to the original purchase in barrel from the Château in the late 1940's and subsequent bottling by the respected Belgian firm of Vandermeulen.These 12 bottles, part of a larger stock, have always been stored in conditions of natural cool temperature and moderate humidity and display excellent levels and label condition accordingly. This must be a close to unique opportunity for someone wishing to taste a truly unadulerated Pétrus 1947, still sealed with the original cork and lying unmoved in family cellars for over half a century bottles per lot HK$150, ,000 US$20,000-26,000 Château L'Evangile=Vintage 1961 Pomerol. Château-bottled Very slightly bin-soiled labels. Levels: eleven top-shoulder or better and one just below top-shoulder. In Christie's carton bottles per lot HK$90, ,000 US$12,000-15,000 Château Cos d'estournel=vintage 1982 Saint-Estèphe, 2me cru classé. Château-bottled Slightly damp-affected labels, four slightly stained and slightly damaged. Levels into neck. In Christie's carton bottles per lot HK$25,000-30,000 US$3,300-3,900 Château Pétrus=Vintage 2000 Pomerol, cru exceptionnel. Château-bottled In six-bottle original wooden case Tasting note: Cask sample tasted June 2001 with Christian Moueix at the J P Moueix offices in Libourne: very deep, fairly intense; sweet, rich, somehow totally unique; very sweet on the palate, with lovely fruit and flesh. Complete. Potentially a great Pétrus. ***** M.B bottles per lot HK$130, ,000 US$17,000-22,000 FINE BORDEAUX FROM THE OUSTANDING 1961 AND 1966 VINTAGES Offered in original wooden cases Château Rauzan-Gassies=Vintage 1961 Margaux, 2me cru classé. Château-bottled Seven slightly damaged and one damaged capsule. Two slightly damp-stained labels. Levels: four top, six upper and fourteen mid-shoulder. In original wooden case with damaged lid half-bottles per lot HK$22,000-30,000 US$2,900-3,900 Château Lynch-Bages=Vintage 1961 Pauillac, 5me cru classé. Château-bottled Good appearance. Levels between top and upper-shoulder Tasting Note: Most recently (château-bottled): losing its depth of colour though still fairly intense; good nose; dry, taut, crisp, excellent flavour, great length. Last tasted April 2003 ***** At peak. M.B half-bottles per lot HK$30,000-40, ,, US$3,900-5,200 Château Mouton-Rothschild=Vintage 1966 Pauillac, 1er cru classé. Château-bottled Original tissues. Excellent appearance. Lot 98 levels between base of neck and top-shoulder. Lot 99 levels top-shoulder Tasting Note: Most recently: bouquet of great richness and depth, slight whiff of tar, evolving superbly; very good fruit and flavour. On the lean side and a bit of an end bite. Last tasted Dec 2002 **** More than ready. M.B bottles per lot HK$30,000-40, ,, US$3,900-5,200 Château Cheval-Blanc=Vintage 1966 Saint-Emilion, 1er grand cru classé (A). Château-bottled Berry Brothers & Rudd slip labels. Lot 100 four slightly corroded and damaged capsules. Excellent labels. Levels topshoulder. Lot 101 seven slightly corroded and damaged capsules. Excellent labels. Levels six top and six uppershoulder Tasting Note: Many delectable notes. Completely harmonious and a modest alcoholic content, 12.2% - a contrast to the clumsy, 'global' reds so fashionable in other quarters nowadays. Most recently: glorious fragrance; medium-dry, still crisp and youthful. A superb wine. Last tasted Oct 2003 ***** M.B bottles per lot HK$25,000-35, ,, US$3,300-4,500 A VERY RARE ORIGINAL WOODEN CASE OF LATOUR 1959 FROM A LONDON CELLAR Château Latour=Vintage 1959 Pauillac, 1er cru classé. Château-bottled Audinot & Buhan Bordeaux import front and back labels. One very slightly damaged capsule. Good appearance. Ten original tissues. Levels: six top, three just below top and three upper-shoulder. In original wooden case with damaged lid Tasting Note: A glorious mammoth wine. It just goes from strength to strength. Forty notes from July Initially a black purple colour, nose packed with fruit, full-bodied, its extract and sheer power seeming to absorb, partially to disguise its tannic intensity. More recently, showing no signs of flagging, its opacity merely prefacing its beautifully developed bouquet, excellent flavour and perfect balance - perfect enough to keep up the maturing process for another quarter century. Last noted at the Russian National Orchestra dinner at Hatchlands, Surrey, Dec 2000 ****(**)! M.B bottles per lot HK$350, ,000 US$46,000-65,000 12

15 Lots

16 14 Lot 300

17 Lot

18 FINEST MATURE BORDEAUX, BURGUNDY AND RHONE FROM AN ENGLISH CELLAR Château Pétrus=Vintage 1970 Pomerol, cru exceptionnel. Château-bottled Excellent appearance. Some corroded capsules. Levels base of neck or better. In Christie's six-bottle cartons Tasting Note: The dark garnet, rust-rimmed 1970 Pétrus has developed magnificently over the last 4-5 years. Tight and reserved early in life, it has blossomed into a true blockbuster. This massive, highly-extracted, full-bodied, jammy, thick, unctuously-textured wine possesses a huge, spice, tobacco, black cherry, mochascented nose. It is a real turn-on. The wine is fully mature, but it has at least 20 years of life remaining. This spectacular Pétrus is now superior to the 1971, which out-performed it for nearly two decades. Owners of this wine have a true nectar in their cellars. Robert Parker, Bordeaux Book 3rd Edition (1998) bottles per lot HK$150, , ,, US$20,000-28,000 Château Haut-Brion=Vintage 1990 Pessac (Graves), 1er cru classé. Château-bottled U.S. import integrated front and back labels. Excellent appearance. Levels into neck. In original wooden case half-bottles per lot HK$45,000-55,000 US$5,900-7,100 Château Pétrus=Vintage 1995 Pomerol, cru exceptionnel. Château-bottled Excellent appearance. Levels into neck. In original wooden case Tasting Note: Medium deep, lovely colour; good nose, a bit stalky at first but a class act; sweeter than expected, good flavour, extract and assimilated tannin. Last tasted April 2006 ***(**) M.B bottles per lot HK$120, ,000 US$16,000-22,000 Château Pétrus=Vintage 1971 Pomerol, cru exceptionnel. Château-bottled U.S. import integrated slip labels. Bin-soiled labels. Levels into neck. In Christie's carton Tasting Note: Rich, full-bodied (13.5% alcohol), laden with tannin in cask. My best notes in the mid-1980s, its power and tannin tamed by its velvety Pomerol texture and flesh. More restrained in the nose, more meaty than the Cheval Blanc, which after all is just a stone's throw away. Impressive, fragrant. M.B bottles per lot HK$30,000-40,000 US$3,900-5,200 Clos de Vougeot Grand Cru=Vintage 1976 Côte de Nuits. Domaine-bottled: Leroy Recent release. Excellent appearance. Levels 2 cms. or better below base of corks. In Christie's carton bottles per lot HK$36,000-50,000 US$4,700-6,500 Chambertin=Vintage 1995 Côte de Nuits. Domaine-bottled: Armand Rousseau In Christie's carton bottles per lot HK$30,000-45,000 US$3,900-5,800 Château Pétrus=Vintage 1982 Pomerol, cru exceptionnel. Château-bottled Very slightly marked label. Level into neck. In Christie's carton Tasting Note: Picked in one day by a large team at the end of a very hot harvest. My highest marks in the early to mid-1990s: rich, velvety, fleshy, 'a velvet-lined mouthfiller'. Fully evolved but with all the components to warrant a long life. Most recently, still deep and richly coloured; bouquet harmonious and complacent; full, rich, certainly impressive but if one is to be overcritical, a bit obvious and lacking the zest and drama of the top Médocs. But this will not deter the world's richest. Last tasted Oct 2000 ***** M.B magnum per lot HK$50,000-60,000 US$6,500-7,700 Montrachet Grand Cru=Vintage 2001 Domaine de la Romanée-Conti Bottle numbers 1499, 1500 & Excellent appearance. In Christie's carton Tasting Note: The Domaine de la Romanée-Conti's policy of late harvests for their Montrachet leads to forward, expressive wines with boisterously flavourful personalities. The 2001 was picked at 14% natural potential alcohol and reveals some hints of botrytis. Buttered toast, hazelnuts, and smoky spices are found in its aromatic profile. This plush, intense wine admirably combines muscular power with elegance. Light to medium-bodied, it is a fresh, delineated, spice-laden effort that is packed with pears and minerals. Drink it over the next 9-10 years. Wine Advocate 147, June bottles per lot HK$45,000-55,000 US$5,900-7,100 16

19 Châteauneuf-du-Pape, Château de Beaucastel, Hommage à Jacques Perrin=Vintage 1990 Rhône. Château-bottled: Perrin In Christie's carton bottles per lot HK$30,000-40,000 US$3,900-5,200 CHATEAU LATOUR OF THREE EXCELLENT VINTAGES Offered in original wooden cases and recently released from Château Latour's private reserves Château Latour=Vintage 1990 Pauillac, 1er cru classé. Château-bottled Tasting Note: Impressive purple, with olive rim developing; nose is exuberant, with chocolate, cedarbox and tar. On the palate terrific richness of velvety fruit, with wonderful length and potential - a great Latour for now - it is so fresh, ripe and appealing already - but also for many decades. At Christie's Paris, Château Latour Masterclass, December 2002 A.H impériale per lot HK$66,000-88,000 US$8,600-11,000 PETRUS OF A RELIABLE AND CLASSIC VINTAGE Château Pétrus=Vintage 1988 Pomerol, cru exceptionnel. Château-bottled Excellent appearance. Levels into neck. In original wooden cases Tasting Note: A medium-bodied, rather elegant style of Pétrus, with a distinctive cedary, almost celery component intermixed with a hint of caramel, sweet mulberry and black cherry fruit. Robert Parker; Bordeaux Book 4th Edition (2003) bottles per lot HK$90, , ,, US$12,000-15,000 Château Latour=Vintage 2000 Pauillac, 1er cru classé. Château-bottled Tasting Note: Rich, brilliant purple, with immediately engaging, raspberry, blackcurrant, cherry and complex, spicy aromas. This is a seamless wine of great beauty and harmony, which has been utterly beguiling since I first tasted it, in March The wine has luscious, concentrated fruit, cashmere tannins, exceptional length. A.H impériale per lot HK$77, ,000 US$10,000-13,000 A PERFECT ORIGINAL WOODEN CASE OF PETRUS 1989 Château Pétrus=Vintage 1989 Pomerol, cru exceptionnel. Château-bottled Excellent appearance. Levels into neck. In original wooden case Tasting Note: Another stunningly opulent, rich, fullbodied, amazingly concentrated, exotic, flamboyant Pétrus that remains remarkably youthful, and in need of 7-8 more years of bottle age. Additionally, the tannins are slightly more elevated, at least from a tactile impression. However, the 1989 looks to be another 30- year wine, with extraordinary equilibrium between all of its component parts. An amazing effort! Robert Parker; Bordeaux Book 3rd Edition (1998) bottles per lot HK$250, ,000 US$33,000-45,000 Château Latour=Vintage 2000 Pauillac, 1er cru classé. Château-bottled jeroboam per lot HK$65,000-85,000 US$8,400-11,000 Château Latour=Vintage 2003 Pauillac, 1er cru classé. Château-bottled jeroboam per lot HK$45,000-65,000 US$5,900-8,400 17

20 A SELECTION OF FINE BORDEAUX Offered in Christie's carton Château Lafite-Rothschild=Vintage 1982 Excellent appearance. Level into neck (1) Château Mouton-Rothschild=Vintage 1982 Slightly damaged capsule. Bin-soiled label. Level base of neck (1) Château Margaux=Vintage 1982 U.S. import slip label. Slightly bin-soiled label. Level into neck (1) Château Haut-Brion=Vintage 1982 Damaged and corroded capsule. Bin-soiled and stained label. Level into neck (1) Château Cheval Blanc=Vintage 1982 Scuffed and corroded capsule. Bin-soiled label. Level into neck (1) Château Lascombes=Vintage 1982 Level into neck (1) Château Pichon-Longueville, Lalande=Vintage 1983 Slightly damaged capsules. Badly bin-soiled and damaged labels. Levels base of neck (5) Château Latour=Vintage 1986 Nine U.S. import slip labels. Two damaged labels. Levels base of neck or better (11) Château Pétrus=Vintage 1988 Slightly damaged capsule. Slightly damaged label. Level into neck (1) Château Lafite-Rothschild=Vintage 1989 Corroded and slightly damaged capsules. Two slightly binsoiled and one slightly damaged labels. Levels into neck (9) Château Mouton-Rothschild=Vintage 1989 Damp-damaged label. Level into neck (1) Château Mouton-Rothschild=Vintage 1990 Badly bin-soiled and damaged label. Level into neck (1) Château Haut-Brion=Vintage 1990 Berry Bros & Rudd slip label. Slightly damaged capsule. Slightly bin- soiled label. Level into neck (1) 320 Above 35 bottles per lot HK$60,000-80,000 US$7,800-10,000 Château Léoville-Poyferré=Vintage 1996 Saint-Julien, 2me cru classé. Château-bottled In original wooden cases Tasting Note: Several notes. Most recently: fairly deep but well on its way to maturity; good nose, opening up interestingly, tea and mocha; crisp, moderately fullbodied, tamed tannin, easy drinking. Last tasted April 2005 *** Now - M.B magnums per lot HK$55,000-75,000 US$7,100-9,700 Carruades de Lafite-Rothschild=Vintage 2005 Pauillac. Château-bottled 30 magnums with U.S. import integrated back labels. In original wooden cases Tasting Note: A classic example of a second wine, the 2005 Carruades de Lafite reveals a dark ruby hue with some pink showing at the rim. The moderately intense nose of graphite, forest floor, and sweet blackcurrant fruit is followed by a medium-bodied, elegant wine with light to moderate tannin. Drink it over the next years. Robert Parker, Wine Advocate 176, April magnums per lot HK$100, ,000 US$13,000-15,000 Château Lafite-Rothschild Pauillac, 1er cru classé. Château-bottled =Vintage 1982 Slightly tissue and damp-stained labels. Levels into neck magnums (3) =Vintage 1986 Excellent appearance. Levels into neck magnums (1) In slightly damaged 1982 Lafite-Rothschild original wooden case 321 Above 4 magnums per lot HK$150, ,000 US$20,000-32,000 AN IMPERIALE OF MOUTON-ROTHSCHILD 1996 Offered in original wooden case Château Mouton-Rothschild=Vintage 1996 Pauillac, 1er cru classé. Château-bottled Excellent appearance. Level into neck Tasting Note: At the opening tasting at the château: full, rich, toasty, lovely Cabernet Sauvignon aroma. My top mark at a major tasting in Many layers of fragrance and flavour, 'mocha' constantly noted. Two recent tastings summarised: very deep and intense; very fragrant, crisp fruit, whiff of mocha and chocolate; sweet, fleshy; touch of liquorice and black pepper, delicious flavour, leathery tannins. Last tasted Sept 2005 (*****) M.B impériale per lot HK$15,000-20,000 US$2,000-2,600 18

21 A SUPERLATIVE PRISTINE COLLECTION OF FINE RECENT VINTAGES OF LAFITE ROTHSCHILD The following lots, 125 to 145, consist of perfect original wooden cases of Château Lafite-Rothschild that have been shipped directly from the Château to underground professional UK storage following each vintage. This is as close in provenance as can be found to wines released directly from the Château cellars and represents a rare opportunity for bidders to acquire multiple cases of legendary Château Lafite from a range of vintages. David Elswood Château Lafite-Rothschild=Vintage 1996 Pauillac, 1er cru classé. Château-bottled Tasting Note: The wine exhibits a thick-looking, ruby/purple colour, and a knock-out nose of lead pencil, minerals, flowers, and blackcurrant scents. Extremely powerful and full-bodied, with remarkable complexity for such a young wine, this huge Lafite is oozing with extract and richness, yet has managed to preserve its quintessentially elegant personality. This wine is even richer than it was prior to bottling. It should unquestionably last for years. Anticipated maturity: Robert Parker, Wine Advocate 122 (Apr 1999) bottles per lot HK$65,000-75,000 US$8,400-9, ,, per lot HK$130, , ,, US$17,000-19,000 Château Lafite-Rothschild=Vintage 1999 Pauillac, 1er cru classé. Château-bottled Tasting Note: Two notes so far, both cask samples tasted at the château, first in April 2000, the second two months later. A deep, intense, convincing appearance with an almost opaque velvety core; lovely, sweet, fleshy, youthful aroma; some sweetness, undemonstrative with good mouthfeel and silky tannins. An attractive future. Last tasted June 2000 (****) M.B bottles per lot HK$30,000-40,000 US$3,900-5, ,, per lot HK$60,000-80, ,, US$7,800-10,000 Château Lafite-Rothschild=Vintage 2000 Pauillac, 1er cru classé. Château-bottled Tasting Note: Three notes, from an aromatic, fleshy, extended cask sample in March 2001, two very recent: impressive depth and colour, velvety sheen, long legs; very sweet, delicious, fragrant aroma; fairly sweet on the palate, very crisp, perfect weight (12.5%), attractive. Great future. Last tasted March 2006 *(****) M.B bottles per lot HK$85, ,000 US$11,000-14, ,, per lot HK$170, , ,, US$22,000-28,000 Château Lafite-Rothschild=Vintage 1998 Pauillac, 1er cru classé. Château-bottled Tasting Note: It boasts an opaque dense purple colour in addition to a gorgeously sweet, expansive perfume of cedar wood, blackcurrants, lead pencil, and minerals. What follows is a fat mid-palate, medium body, explosive fruit and richness, soft tannin, and a velvety texture. It is a beautiful, compelling Lafite-Rothschild that can be drunk young, yet promises to evolve for 15+ years. Although one of the most forward Lafites ever tasted, it is all the more captivating because of this characteristic. Don't miss it! Robert Parker, Wine Advocate 128, April bottles per lot HK$35,000-45,000 US$4,600-5, ,, per lot HK$70,000-90, ,, US$9,100-12,000 Château Lafite-Rothschild=Vintage 2001 Pauillac, 1er cru classé. Château-bottled Tasting Note: Very deep but not intense; distinct mocha nose; good flavour and length but tannic. Oct 2005 *(**) Now M.B bottles per lot HK$25,000-30,000 US$3,300-3, ,, per lot HK$50,000-60, ,, US$6,500-7,700 Château Lafite-Rothschild=Vintage 2002 Pauillac, 1er cru classé. Château-bottled Tasting Note: Opaque core, plummy purple: lowkeyed, undeveloped: dry, medium body (12,8% alcohol), good length, bitter tannin and touch of iron on finish. A serious, quite impressive wine. April 2004 (****) M.B bottles per lot HK$30,000-40,000 US$3,900-5, ,, per lot HK$60,000-80, ,, US$7,800-10,000 19

22 Château Lafite-Rothschild=Vintage 2003 Pauillac, 1er cru classé. Château-bottled Tasting Note: Very deep, virtually opaque, intense; cedar and oak, hard but fragrant; overall dry, lean some fleshy, spicy, very oaky, tannic of course, long dry finish. March 2004 (****) 2015-? M.B bottles per lot HK$60,000-75,000 US$7,800-9, ,, per lot HK$120, , ,, US$16,000-19,000 Château Latour=Vintage 2005 Pauillac, 1er cru classé. Château-bottled In original wooden cases Tasting Note: Grand vin blend: Cabernet Sauvignon 87% Merlot 12% Cabernet Franc and Petit Verdot 1%. Very deep, velvety sheen, fairly intense purple; lowkeyed but distinctive, newly sawn wood and mocha; sweet, full- bodied (13,5 alcohol), very flashy, good length, teeth- gripping, mouth-drying tannin. April 2006 (****) M.B bottles per lot HK$70,000-90,000 US$9,100-12, ,, per lot HK$140, , ,, US$19,000-23,000 OUTSTANDING LAFITE-ROTHSCHILD & MOUTON-ROTHSCHILD Recently removed from a private Hong Kong collector's temperature and humidity-controlled storage facility Offered in Christie's cartons Château Lafite-Rothschild Pauillac, 1er cru classé. Château-bottled =Vintage 1996 Three slightly corroded capsules. Levels into neck (6) =Vintage 1998 Excellent appearance. Levels into neck (6) =Vintage 2000 Excellent appearance. Levels into neck (6) 346 Above 18 bottles per lot HK$75, ,000 US$9,700-13,000 Château Mouton-Rothschild Pauillac, 1er cru classé. Château-bottled =Vintage 1996 Two slightly bin-soiled labels. Levels into neck (6) =Vintage 2000 Excellent appearance. Levels into neck (6) 347 Above 12 bottles per lot HK$30,000-40,000 US$3,900-5,200 Château Margaux=Vintage 2005 Margaux, 1er cru classé. Château-bottled In original wooden cases Tasting note: Deep, lovely colour but not as intense as expected; even by youthful Margaux standards, an extraordinary aroma, exquisite crystallised violets and mint. Totally unique: no other '05 matches this scent. On the palate, very crisp, alcohol a reasonable 13% good length of course, and tannic. At the Château, April 2006 (*****) tempted to say but Margaux has the tendency to be hard and unyielding aged 10, so from 2020 M.B bottles per lot HK$60,000-70,000 US$7,800-9, ,, per lot HK$120, , ,, US$16,000-18,000 Château Cheval-Blanc=Vintage 2005 Saint-Emilion, 1er grand cru classé (A). Château-bottled In original wooden cases Tasting Note: Grand vin blend: 55% Cabernet Franc, 45% Merlot. Fairly deep, velvety sheen, medium intensity; lowed keyed, then developing a rich, biscuity, spicy, gingery nose; leaner than expected, highish alcohol (13.7%) somewhat bitter tannins, good length. A classy wine. April 2006 (****) M.B bottles per lot HK$50,000-60,000 US$6,500-7, ,, per lot HK$100, , ,, US$13,000-15,000 MATURE PETRUS AND FIRST-GROWTH BORDEAUX 2005 Château Pétrus=Vintage 1992 Pomerol, cru exceptionnel. Château-bottled In six-bottle original wooden cases One damaged capsule. Two stained labels. Levels base of neck bottles per lot HK$50,000-60,000 US$6,500-7,700 A RANGE OF DOMAINE DE LA ROMANEE- CONTI FROM La Tâche Grand Cru=Vintage 1967 Domaine de la Romanée-Conti In original wooden case In original tissues and cardboard sleeves, very good appearance. Numbers to Levels: four 3, five 4, one 4.5, one 5 and one 5.5cms below base of corks bottles per lot HK$50,000-70,000 US$6,500-9,000 20

23 Lots

24 Richebourg Grand Cru=Vintage 1969 Domaine de la Romanée-Conti In original wooden case Excellent appearance. Numbers 517 to 528. Levels: ten 3cms or better and two 4.5cms below base of corks bottles per lot HK$60,000-80,000 US$7,800-10,000 Echézeaux=Vintage 1971 Domaine de la Romaneeée-Conti All bottles of excellent appearance. Levels eight 3cms or better, one 3.5cms and three 4cms below base of corks. Consecutive bottle numbers 6123 to In original straw sleeves. In original wooden case bottles per lot HK$80, ,000 US$11,000-13,000 Romanée-Saint-Vivant Grand Cru-Vintage 2002 Domaine de la Romanée-Conti In original six-bottle wooden cases Tasting Note: Mocha, toasted oak, and roasting spices are discerned in the nose of the light to medium-bodied 2002 Romanée-St.-Vivant. Its suave, silky-textured attack reveals impressive black cherry and blackberry flavors intermingled with café au lait as well as violets. This light to medium-bodied wine's mid-palate has terrific mouth-feel yet its lengthy finish displays some firm tannin that will require patience. Drink it between 2009 and Robert Parker, Wine Advocate 153, June bottles per lot HK$40,000-50,000 US$5,200-6,500 Grands-Echézeaux Grand Cru=Vintage 1975 Domaine de la Romanée-Conti In original wooden case In original straws and of excellent appearance. Discoloured and slightly corroded capsules. Bottle numbers 4255 to Levels: eleven 3cms or better and one 3.5cms below base of corks bottles per lot HK$25,000-30,000 US$3,300-3,900 Romanée-Conti Grand Cru=Vintage 2002 Domaine de la Romanée-Conti In original six-bottle wooden cases All the bottles with either Italian or German integrated back labels Tasting Note: The 2002 Romanée-Conti sports a nose of orange zests, stones, herbs, and violets. Its delicate, light to medium-bodied character opens to reveal silky layers of black cherries, black currants, fresh herbs, and roses. Firm, unresolved tannin can be detected in its lengthy finish. Projected maturity: Robert Parker, Wine Advocate 153, June bottles per lot HK$350, ,000 US$46,000-71,000 A FINE MIXED CELLAR OF VINTAGE PORT, QUALITY RED BORDEAUX, MATURE D'YQUEM, DOMAINE DE LA ROMANEE-CONTI AND KRUG Graham=Vintage 1977 Excellent appearance. Levels into neck. In original wooden cases Tasting Note: A very good wine. Nearly 20, always admiring notes. Showing well at a Gidleigh Park port tasting in 1995: medium-deep with red-brown rim; very rich, powerful bouquet opening up beautifully; sweet, good body and backbone, marvellous length, spicy finish. Most recently: delicious! Last tasted Dec 1999 ****(*) Now M.B bottles per lot HK$22,000-30,000 US$2,900-3,900 La Tâche Grand Cru=Vintage 2002 Domaine de la Romanée-Conti In original six-bottle wooden cases Tasting Note: Soy sauce, candied blood oranges, and dark cherries make up the nose of the outstanding 2002 La Tâche. Extremely elegant and pure, this light to medium-bodied wine displays a superb satiny texture and a broad blackberry, black cherry, spice, and mineral-flavoured character. It boasts a refined, noble personality with an exceedingly long, supple finish. The qualitative and ripeness differences between this wine and the Richebourg is striking as well as confounding. Anticipated maturity: Robert Parker, Wine Advocate 153, June bottles per lot HK$90, ,000 US$12,000-15,000 Château Latour=Vintage 1970 Pauillac, 1er cru classé. Château-bottled Slightly bin-soiled labels. Levels: eleven top-shoulder or better and one mid/upper-shoulder. In original wooden case Tasting Note: An immensely impressive wine. Even making allowances for its tannic grip, it refuses to budge. Tasted and drunk - more liked chewed - in every conceivable circumstance. One can just detect a touch of maturity; its nose is almost impossible to describe because it hardly shows its head above the parapet. It needs days decanting time and hours in the glass. Most recently: classic, old cedar bouquet; sweet, full bodied, harmonious, masked tannin. Many more years in hand. Last tasted June 2007 **** (*) M.B bottles per lot HK$45,000-55,000 US$5,900-7,100 22

25 Château Gruaud-Larose=Vintage 1982 Saint-Julien, 2me cru classé. Château-bottled Congee capsules. Lot 167 some slightly corroded capsules. One badly damaged, seven slightly damaged and some slightly binsoiled labels. Levels into neck. Lot 168 some slightly bin-soiled labels. Levels into neck. Not in original cartons Tasting Note: At the extensive tasting of '82s in Brussels it had an impressive colour; fruity, cedary nose; mouthfilling and tannic, 'good life ahead'. M.B bottles per lot HK$50,000-70,000 US$6,500-9, ,, per lot HK$75, ,000 US$9,700-14,000 Château Léoville-Las-Cases=Vintage 1982 Saint-Julien, 2me cru classé. Château-bottled Wine Society slip labels. Two slightly scuffed labels. Levels base of neck or better. In Christie's carton Tasting Note: Most recently, maturing but still deep with a rich core; surprisingly low-keyed, somewhat muffled nose; more positive on the palate, fairly sweet, full, rich, chewy, good extract. Delicious. M.B bottles per lot HK$35,000-50,000 US$4,600-6,500 Château Canon=Vintage 1982 Saint-Emilion, 1er grand cru classé. Château-bottled. Good appearance. Levels into neck. In original wooden cases bottles per lot HK$30,000-40,000 US$3,900-5,200 Château Léoville-Las-Cases=Vintage 1986 Saint-Julien, 2me cru classé. Château-bottled Excellent appearance. Levels into neck. In original wooden case Tasting Note: Deep, fairly intense, plummy; crisp fruit; sweeter than expected but a long hard, dry, very tannic finish. A good '86. Dec 2003 **(**) M.B bottles per lot HK$30,000-45,000 US$3,900-5,800 Château Rausan-Ségla=Vintage 1986 Margaux, 2me cru classé. Château-bottled Excellent appearance. Levels base of neck or better. In original wooden cases Tasting Note: Impressive, very intense though mature rim; well evolved, cigar-box nose; very sweet, brambly fruit, swingeing tannic finish. A blockbuster. March 2003 **(**)? M.B bottles per lot HK$30,000-40,000 US$3,900-5,200 Château Latour=Vintage 1996 Pauillac, 1er cru classé. Château-bottled. Lot 173 in six-bottle original wooden cases. Lot 174 two stained labels. In original wooden case Tasting Note: : Fairly deep, intense; high-toned, ripe Cabernet Sauvignon aroma, crisp, developed well in the glass; full-flavoured, attractive, on the lean side, very tannic, crisp acidity. A long-haul wine. Last tasted June 2007 * (***) M.B bottles per lot HK$50,000-60, ,, US$6,500-7,700 Château d'yquem=vintage 1971 Sauternes, 1er grand cru classé. Château-bottled Three excellent, two slightly damp-stained and seven dampstained labels. Leveks base of neck. In original wooden case with damaged lid Tasting Note: The best vintage between 1967 and Good throughout the 1980s, the lovely floral, honeyed botrytis bouquet a prime feature, also its power and richness, length and acidity. Most recently: richly coloured; barley sugar and caramel nose; sweet and rich, a glorious powerhouse of a wine with perfect counterbalancing acidity. Time in hand. Last tasted at the 'Mr Gourmet' dinner in Memphis, Sept 1999 ***** M.B bottles per lot HK$50,000-60,000 US$6,500-7,700 La Tâche=Vintage 1982 Domaine de la Romanée-Conti Bottle numbers Original tissues. Percy Fox slip labels. Slightly tissue-stained labels. Levels: two 1.5 cms, five 2 cms, three 2.5 cms and two 3.5 cms. below base of corks In original wooden case with replacement lid bottles per lot HK$85, ,000 US$11,000-13,000 Krug=Vintage 1995 In six-bottle original cartons Tasting Note: The 1995 Vintage provides a fascinating contrast to the This is a tightly wound, sinewy Champagne loaded with brioche, toasted oak, lemon rind, flowers and minerals. The mousse is extremely fine and the style decidedly more linear and fresh than the Though deceptively medium-bodied in style, the wine appears to be built for extended cellaring. Anticipated maturity: Wine Advocate 180, December bottles per lot HK$35,000-45, ,, US$4,600-5,800 23

26 ROMANEE-CONTI FROM THE OUTSTANDING 1985 VINTAGE Romanée-Conti=Vintage 1985 Domaine de la Romanée-Conti Bottle No Slightly bin-soiled and damaged label. Level 4.4 cms. below base of cork bottle per lot HK$22,000-28,000 US$2,900-3,600 Bonnes-Mares Grand Cru=Vintage 1999 (3) Musigny Grand Cru, Cuvée Vieilles Vignes=Vintage 1999 (3) Both the above wines from Domaine Comte Georges de Vogüé In three-bottle original wooden cases 383 Above 6 bottles per lot HK$15,000-20,000 US$2,000-2,600 FINE BURGUNDY INCLUDING ROMANEE- CONTI ASSORTMENTS FROM THE SUPERB 1996, 1999 & 2001 VINTAGES Romanée-Conti Assortment=Vintage 1996 Domaine de la Romanée-Conti In original wooden case Romanée-Conti (1) La Tâche (3) Richebourg (2) Romanée-Saint-Vivant (2) Grands-Echézeaux (2) Echézeaux (2) 380 Above 12 bottles per lot HK$110, ,000 US$15,000-21,000 AN ASSORTMENT CASE OF THE HIGHLY- ACCLAIMED 2005 VINTAGE FROM DOMAINE DE LA ROMANEE-CONTI Domaine de la Romanée-Conti Assortment=Vintage 2005 Domaine de la Romanée-Conti All with back integrated slip labels. In DRC wooden case Romanée-Conti (1) La Tâche (3) Richebourg (2) Romanée-Saint-Vivant (2) Grands-Echézeaux (2) Echézeaux (2) 384 Above 12 bottles per lot HK$250, ,000 US$33,000-39,000 Romanée-Conti Assortment=Vintage 1999 Domaine de la Romanée-Conti In original wooden case Romanée-Conti (1) La Tâche (3) Richebourg (2) Romanée-Saint-Vivant (2) Grands-Echézeaux (2) Echézeaux (2) 381 Above 12 bottles per lot HK$150, ,000 US$20,000-28,000 Romanée-Conti Assortment=Vintage 2001 Domaine de la Romanée-Conti In original wooden case Romanée-Conti (1) La Tâche (3) Richebourg (2) Romanée-Saint-Vivant (2) Grands-Echézeaux (2) Echézeaux (2) 382 Above 12 bottles per lot HK$100, ,000 US$13,000-19,000 AN EXTREMELY RARE CASE OF THE MAGNIFICENT LA TACHE 2005 La Tâche Grand Cru=Vintage 2005 Domaine de la Romanée-Conti Integrated U.S. back slip labels In U.S. branded original six-bottle wooden cases Tasting Note: The 2005 La Tâche epitomizes the unique mysteries of Pinot (not to mention the character of a great site), with its aromas of game, musk, iris, star anise, vanilla, allspice, and naturally also an abundance of sweet, ripe, implosively tiny-berried fruit. Imagine a black Riesling. On the palate, a vivid freshness of fruit, pungency of spice and flowers, and melting away of what in point of analytical fact are abundant tannins, all engender an almost white wine dynamic of fruit-mineral call-and-response and clear, incisive penetration of flavours to every recess of the mouth. Wine Advocate 170, April bottles per lot HK$240, ,000 US$31,000-36,000 24

27 Lots and

28 A REMARKABLE COLLECTION OF JAYER BURGUNDIES FROM SIXTEEN VINTAGES Domaine Henri Jayer Wines produced from his small 6.30 hectare Domaine, based in and around Vosne-Romaneé are arguably some of the finest wines ever produced in Burgundy, including the legendary Richebourg, Echézeaux, and Cros Parantoux. The Domaine included holdings in Echézeaux, Richebourg and also vineyards in three Premier Cru sites Les Brülées, Les Beaumonts and Cros Parantoux in Vosne-Romanée. Jayer wines are superbly concentrated, extraordinarily complex, harmonious and seductive and have achieved a cult following amongst Burgundy lovers. They are very highly sought after with high prices to match. Jayer was a pioneer and firmly believed that care in the vineyard was fundamental to producing fine Burgundy. Treatments were kept to a minimum and there was a rigorous selection of grapes eliminating any sub-standard fruit. Yields were kept very low. Only natural yeasts were used for the fermentation which added complexity and individuality to the wines. A pre-fermentation cold maceration by reducing the vat temperature to 15 degrees for four or five days was used to extract additional colour and flavours. The majority of the wines were aged in new Tronçais oak barrels. As few rackings as possible and no filtration ensured that all of the subtle nuances, complexity and concentration were preserved. Sadly, Henri Jayer died on 20th September 2006, however his work continues to inspire many young Burgundy growers. Echézeaux=Vintage 1978 Henri Jayer. Slightly bin-soiled label. Level 2.5 cms. below base of cork (1) Echézeaux=Vintage 1983 Henri Jayer. Bin-soiled and damaged label. Level 3 cms. below base of cork. Pale colour (1) Echézeaux=Vintage 1985 Henri Jayer. Good appearance. Level 1.5 cms. below base of cork (1) Echézeaux=Vintage 1985 Georges & Henri Jayer. Slightly bin-soiled label. Level 2.5 cms. below base of cork (1) Echézeaux=Vintage 1988 Georges & Henri Jayer. Stained vintage label. Excellent level (1) Echézeaux=Vintage 1989 Georges & Henri Jayer. Slightly wine-stained label. Level 2 cms. below base of cork (1) Echézeaux=Vintage 1990 Georges & Henri Jayer. Slightly corroded capsule. Level 2.5 cms. below base of cork (1) Echézeaux=Vintage 1990 Henri Jayer. Good appearance. Level 1 cms. below base of cork (1) Echézeaux=Vintage 1996 Georges & Henri Jayer. Excellent appearance (1) Echézeaux=Vintage 2000 Georges & Henri Jayer. Excellent appearance (1) In Christie's carton 386 Above 10 bottles per lot HK$150, ,000 US$20,000-32,000 Vosne-Romanée, Cros Parantoux Côte de Nuits. Domaine-bottled: Henri Jayer =Vintage 1980 Excellent appearance. Level 3.5 cms. below base of cork (1) =Vintage 1985 Bin-soiled label. Level 2 cms. below base of cork (1) =Vintage 1988 Slightly marked label. Level 2.5 cms. below base of cork (1) =Vintage 1990 Level 3 cms. below base of cork (1) =Vintage 1991 Level 3.5 cms. below base of cork (1) =Vintage 1995 Bottle number (1) =Vintage 1996 (1) =Vintage 1998 Bottle number (1) =Vintage 1999 Bottle number (1) =Vintage 2000 Bottle number (1) =Vintage 2001 Bottle number (1) Not in original carton 387 Above 11 bottles per lot HK$250, ,000 US$33,000-45,000 Nuits-Saint-Georges, Les Meurgers=Vintage 1978 Excellent level and appearance (1) Nuits-Saint-Georges, Les Meurgers=Vintage 1986 Slightly stained label. Excellent level (1) Vosne-Romanée, Les Brulées=Vintage 1986 Slightly bin-soiled label. Excellent level (1) Vosne-Romanée, Cros Parantoux=Vintage 1987 Slightly creased label. Excellent level (1) All the above wines from Domaine Henri Jayer. Not in original carton 388 Above 4 magnums per lot HK$120, ,000 US$16,000-23,000 Richebourg Grand Cru=Vintage 1983 Côte de Nuits. Domaine-bottled: Henri Jayer One damaged capsule. Two excellent and one slightly bin-soiled label. Levels: 2 cms, 2.5 cms and 3 cms. below base of corks. In Christie's carton Tasting Note: There's no question that Jayer's Richebourg is his finest wine in 1983, but he only made 25 cases of it, so the chances of getting any are nil. Robert Parker, Burgundy Book, January bottles per lot HK$250, ,000 US$33,000-45,000 Vosne-Romanée, Les Brulées=Vintage 1986 Côte de Nuits. Domaine-bottled: Henri Jayer Excellent appearance and levels. In original carton magnums per lot HK$120, ,000 US$16,000-22,000 26

29 Lot 262 Lots 386, 387, 388, 390, 391, 392, 393,

30 Echézeaux Grand Cru=Vintage 1987 Côte de Nuits. Domaine-bottled: Henri Jayer Excellent level. In Christie's carton magnum per lot HK$25,000-30,000 US$3,300-3,900 Nuits-Saint-Georges, Les Meurgers=Vintage 1987 Côte de Nuits. Domaine-bottled: Henri Jayer Excellent appearance and levels. In Christie's carton magnums per lot HK$30,000-35,000 US$3,900-4,500 Masseto=Vintage 1998 Tuscany. Tenuta dell'ornellaia In six-bottle original wooden cases Tasting Note: The 1998 Masseto is another wine that is drinking particularly well today. It is opulent and expansive on the palate, where it offers plenty of ripe dark fruit along with more advanced notes of tobacco, showing much length and style. Wine Advocate, April bottles per lot HK$30,000-40,000 US$3,900-5,200 Echézeaux Grand Cru=Vintage 1991 Côte de Nuits. Domaine-bottled: Henri Jayer Excellent appearance. Levels 2 cms. below base of corks or better. In Christie's carton bottles per lot HK$100, ,000 US$13,000-17,000 Vosne-Romanée, Cros Parantoux=Vintage 2001 Côte de Nuits. Domaine-bottled: Henri Jayer In original carton bottles per lot HK$180, ,000 US$24,000-28,000 MASSETO AND SASSICAIA OF FINE VINTAGES Masseto=Vintage 1996 Tuscany. Tenuta dell'ornellaia In six-bottle original wooden cases bottles per lot HK$75,000-90,000 US$9,700-12,000 A VERTICAL VINTAGE COLLECTION OF THE MAGNIFICENT & RARE HARLAN ESTATE Offered in Christie's carton Harlan Estate Cabernet Sauvignon Napa Valley =Vintage 1990 (1) =Vintage 1991 (1) =Vintage 1992 (1) =Vintage 1993 (1) =Vintage 1994 (1) =Vintage 1995 (1) =Vintage 1996 (1) =Vintage 1997 (1) 399 Above 8 bottles per lot HK$30,000-35,000 US$3,900-4,500 Masseto=Vintage 1997 Tuscany. Tenuta dell'ornellaia In six-bottle original and Christie's cartons Tasting Note: The estates 1997 Masseto has developed beautifully over the last few years. It offers a heady combination of super-ripe fruit intermingled with notes of spices, herbs and tobacco. Full-bodied and vibrant, it comes across as packed with fruit, displaying superb length and a long finish framed by the lingering note of sweetness that defines this warm vintage. Wine Advocate April bottles per lot HK$50,000-75,000 US$6,500-9,700 FINEST QUALITY CHAMPAGNE FROM THREE PRESTIGIOUS PRODUCERS Dom Pérignon Oenothéque =Vintage 1969 (2) =Vintage 1971 (2) =Vintage 1975 (4) All disgorged in Individual gift packs and original cartons 400 Above 8 bottles per lot HK$60,000-80,000 US$7,800-10,000 Sassicaia=Vintage 1997 Tuscany. Estate-bottled: Marchese Incisa della Rochetta In six-bottle original and Christie's cartons Tasting Note: Richly coloured, still youthful; sweet, harmonious, good fruit on the nose and palate, fleshy, tannic. Tasted in London, May 2002 **(***) M.B bottles per lot HK$17,000-22,000 US$2,200-2,800 Krug Grand Cuvée=Non-Vintage In six-bottle original cartons bottles per lot HK$30,000-40,000 US$3,900-5,200 28

31 Dom Pérignon Rosé=Vintage 1982 Offered in individual original wooden gift pack cases magnums per lot HK$35,000-50,000 US$4,600-6,500 Louis Roederer Cristal=Vintage 1999 Excellent appearance. In original wooden case jeroboam per lot HK$15,000-18,000 US$2,000-2,300 Louis Roederer Cristal=Vintage 1996 Gift-packed and in original cartons bottles per lot HK$20,000-24,000 US$2,600-3, ,, ,, Louis Roederer Cristal=Vintage 2000 In individual gift packs and original wooden cases magnums per lot HK$30,000-45,000 US$3,900-5,800 END OF SALE The Next Hong Kong wine sale will take place on 29 November,

32 Index Vintages of Wines and Spirits listed under appropriate headings ( ) = part of a lot PORT 1948 Taylor (277) 1966 Dow Dow 274, (276) 1977 Dow (275) Graham 365 CLARET 1911 Lafite-Rothschild Petrus Latour Evangile, L' 292 Lynch-Bages Rauzan-Gassies 295 Trotanoy Cheval-Blanc Mouton-Rothschild Latour 366 Petrus Petrus Canon 370 Cheval-Blanc 213 Cos d'estournel 293 Gruaud-Larose Haut-Brion 212 Lafite-Rothschild , 320-(321) Latour 288 Leoville-Las-Cases 369 Margaux Mouton-Rothschild Petrus Margaux Leoville-Las-Cases 371 Rausan-Segla Petrus Haut-Brion Petrus Haut-Brion 307 Latour 316 Margaux 220 Petrus Petrus Eglise-Clinet, L' Haut-Brion 226 Latour 223 Mouton-Rothschild Petrus , Lafite-Rothschild , , 346 Latour , Leoville-Las-Cases 242 Leoville-Poyferre 322 Margaux Mouton-Rothschild , 324, 347 Pichon,Lalande Margaux Cheval-Blanc Haut-Brion Lafite-Rothschild , Le Pin 258 Margaux Mission-Haut-Brion, La Mouton-Rothschild Petrus Cheval-Blanc 259 Lafite-Rothschild Cheval-Blanc Haut-Brion Lafite-Rothschild , Latour Margaux Mission-Haut-Brion, La Petrus Lafite-Rothschild Lafite-Rothschild Lafite-Rothschild Latour Carruades de Ch. Lafite 323 Cheval-Blanc Ducru-Beaucaillou 278 Latour Margaux WHITE BORDEAUX 1858 Yquem, d' Yquem, d' Yquem, d' Yquem, d' Yquem, d' Yquem, d' Yquem, d' Yquem, d' Chateau Tirecul La Graviere 289 RED BURGUNDY 1955 Beaune Greves (Seguin Manuel) Tache, La Richebourg (DRC) Echezeaux, (DRC) Grands-Echezeaux (DRC) Clos de Vougeot (Leroy) Echezeaux (H. Jayer) (386) Nuits-Saint-Georges, Les Meurgers (H. Jayer) Vosne-Romanee, Cros Parantoux (H. Jayer) (387) 1982 Tache, La (DRC) Richebourg (Henri Jayer) Romanee-Conti (DRC) Vosne-Romanee (Henri Jayer) Echezeaux, (DRC) 391 Nuits-Saint-Georges (Henri Jayer) Echezeaux (Henri Jayer) Chambertin (Armand Rousseau) Romanee-Conti Assortment Bonnes-Mares (de Vogue) 383 Romanee-Conti Assortment Romanee-Conti Assortment 382 Vosne-Romanee Cros Parantoux (H. Jayer) Romanee-Conti (DRC) 362 Romanee-Saint-Vivant (DRC) 364 Tache, La (DRC) Romanee-Conti (DRC) 384 Tache, La 385 WHITE BURGUNDY 2001 Montrachet (DRC) 311 RHONE 1990 Châteauneuf-du-Pape, Hommage a Jacques (Perrin) 312 ITALY 1996 Masseto Masseto 396 Sassicaia Masseto 398 CALIFORNIA Harlan Estate 399 CHAMPAGNE 1969 Dom Perignon Oenotheque Dom Perignon Rose Krug Cristal Louis Roederer Cristal Louis Roederer Cristal Louis Roederer Cristal 407 CELLAR LOTS Collector s Lot 275 Connoisseur s Lot 276 Ultimate Luxury Lot

33 Important Notices and Explanation of Cataloguing Practice CHRISTIE S INTEREST IN PROPERTY CONSIGNED FOR AUCTION From time to time, Christie s may offer a lot which it owns in whole or in part. Such property is identified in the catalogue with the symbol next to the lot number. On occasion, Christie s has a direct financial interest in lots consigned for sale which may include guaranteeing a minimum price or making an advance to the consignor that is secured solely by consigned property. Such property is identified in the catalogue by the symbol º next to the lot number. This symbol will be used both in cases where Christie s holds the financial interest on its own, and in cases where Christie s has financed all or a part of such interest through a third party. Such third parties generally benefit financially if a guaranteed lot is sold successfully and may incur a loss if the sale is not successful. The financing offered by a third party may be in the form of an irrevocable bid provided by that third party. Where Christie s has an ownership or financial interest in every lot in the catalogue, Christie s will not designate each lot with a symbol, but will state its interest at the front of the catalogue. ALL DIMENSIONS ARE APPROXIMATE CONDITION Christie s catalogues include references to condition only in descriptions of multiple works (such as prints, books and wine). For all other property, no statement of condition is made and only alterations or replacement components are listed. Please contact the Specialist Department for a condition report on a particular lot. Condition reports are provided as a service to interested clients. Prospective buyers should note that descriptions of property are not warranties and that each lot is sold as is. PROPERTY INCORPORATING MATERIALS FROM ENDANGERED SPECIES An export licence issued by the Agriculture, Fisheries and Conservation Department, Hong Kong, will be required for the export of any item made of or incorporating (irrespective of percentage) animal material such as ivory, whalebone, tortoiseshell, rhinoceros horn etc., and this may take up to eight weeks to obtain. Clients are advised to check with the regulating body in the country of importation regarding any possible restrictions on the importation of items within this category - some countries have an absolute ban on the importation of certain materials. For example, the U.S. generally prohibits the importation of articles containing species that it has designated as endangered or threatened if those articles are less than 100 years of age. In this catalogue, such item has been marked with two asterisks (**) as a reminder. CATALOGUE EXCHANGE RATE: HK$7.8 = US$1 The rate of exchange was established at the latest practical date prior to the printing of the catalogue and may therefore have changed by the time of the sale. Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive. They are subject to revision. OPTIONS TO BUY PARCELS A parcel consists of several lots of the same wine of identical lot size, bottle size and description. Bidding will start on the first lot of the parcel and the successful buyer of that lot is entitled to take some or all of the remaining lots in the parcel at the same hammer price. If the buyer of the first lot does not take further lots, the remaining lots of the parcel will be offered in a similar fashion. We recommend that a bid on a parcel lot be placed on the first lot of the parcel. If the bid is superseded, Christie s will automatically move your bid to the next identical lot and so on. In all instances, such bids will be handled at the auctioneer s discretion. INSURANCE All wines will be insured up to the invoice value or hammer price at our cost (on a complimentary basis) up to 30 June With effect from 1 July 2009, insurance cover will be made in accordance with the prevailing terms and conditions at DHL Global Forwarding (Hong Kong) Limited for which storage insurance charges will be invoiced to the buyer and/or consignor directly until the wines are collected. For further information on DHL Global Forwarding (Hong Kong) Limited s insurance policy, please contact DHL Global Forwarding (Hong Kong) Limited directly. STORAGE AND COLLECTION OF WINES All wines will be stored at DHL Global Forwarding (Hong Kong) Limited at our cost (on a complimentary basis) up to 30 June If purchases are not collected by 30 June 2009, buyer shall authorise DHL Global Forwarding (Hong Kong) Limited to store the wines at DHL Global Forwarding (Hong Kong) Limited s prevailing storage charges at the buyer s expense until such time that the wine are collected. DHL Global Fowarding (Hong Kong) Limited will contact the buyer to arrange for collection or delivery instructions within seven (7) days after payment by the buyer to Christie s has been made in full and all funds are cleared. For this purpose, Christie s will need to provide the buyer s contact details to DHL Global Forwarding (Hong Kong) Limited. Wines will be released to the buyer on the buyer s production to DHL Global Forwarding (Hong Kong) Limited of a Christie s Collection Order which we will issue upon full payment by the buyer of Christie s invoice and delivery charges. It is the responsibility of the buyers and consignors to pick up purchases or make all local delivery and/or shipping arrangements. All shipping charges, local delivery charges, transit insurance and packing will be at the expense of the buyers and consignors. All charges will have to be prepaid to Christie s before shipment can be effected. All breakages or missing bottles must be reported to DHL Global Forwarding (Hong Kong) Limited within three days of receipt. DELIVERIES FOR OVERSEAS BUYERS It is the Buyer s sole responsibility to obtain any relevant export or import licence. A shipping form is enclosed with each invoice. It is the buyer s responsibility to pick up purchases or make all shipping arrangements. After payment has been made in full, Christie s can arrange property packing, transit insurance and shipping at the buyer s request and expense. We recommend that buyers request an estimate for any large items or property of high value that require professional packing. Please note that transit insurance is available at the time of collection of property. For more information please contact the Shipping Department at CLASSIFICATIONS Bordeaux Classifications in the text are for identification purposes only and are based on the official 1855 classification of the Médoc and other standard sources. All wines are Château-bottled unless stated otherwise. ULLAGES AND CORKS OF OLD WINES Wines are described in this catalogue as correctly as can be ascertained at time of going to press, but buyers of old wines must make appropriate allowances for natural variations of ullages, conditions of cases, labels, corks and wine. No returns will be accepted. ULLAGE The amount by which level of wine is short of being full: these levels may vary according to age of the wines and, as far as can be ascertained by inspection prior to the sale, are described in the catalogue.

34 º ** Médoc

35 Level/Ullage Descriptions and Interpretations (see notes below) BORDEAUX BURGUNDY CAPSULE CAPSULE Catalogue descriptions 1 high fill 2 into neck 3 base of neck 4 top-shoulder 5 upper-shoulder 6 mid-shoulder 7 mid-low shoulder Catalogue descriptions 3cm 5cm 7cm 8 low-shoulder 1 into neck: Level of young wines. Exceptionally good in wines over 10 years old. 2 bottom neck: Perfectly good for any age of wine. Outstandingly good for a wine of 20 years in bottle, or longer. 3 very top-shoulder 4 top-shoulder: Normal for any claret 15 years old or older. 5 upper-shoulder: Slight natural reduction through the easing of the cork and evaporation through cork and capsule. Usually no problem. Acceptable for any wine over 20 years old. Exceptional for pre-1950 wines. 6 mid-shoulder: Probably some weakening of the cork and some risk. Not abnormal for wines 30/40 years of age. Estimates usually take this into account. 7 mid-low-shoulder: Some risk. Low estimates. 8 low-shoulder: Risky and usually only accepted for sale if wine or label exceptionally rare or interesting. Always offered with low estimate. Because of the slope of shoulder it is impractical to describe levels as mid-shoulder, etc. Wherever appropriate the level between cork and wine will be measured and catalogued in centimetres. The condition and drinkability of burgundy is less affected by ullage than its equivalent from Bordeaux. For example, a 5 to 7 cm. ullage in a 30-year-old burgundy can be considered normal, indeed good for age, 3.5 to 4 cm. excellent for age, even 7cm. rarely a risk. BOTTLE SIZES magnum = two regular bottles marie-jeanne = three regular bottles double-magnum = four regular bottles jeroboam = four regular bottles (Burgundy, Champagne) jeroboam = six regular bottles (Bordeaux) (or 5 litres) impériale = eight regular bottles (Bordeaux) methuselah = eight regular bottles (Burgundy) SPECIAL NOTICE Though every effort is made to describe or measure the levels of older vintages, corks over 20 years old begin to lose their elasticity and levels can change between cataloguing and sale. Old corks have also been known to fail during or after shipment. We therefore repeat that there is always a risk of cork failure with old wines and due allowance must be made for this. Under no circumstances can an adjustment of price or credit be made after delivery except under the terms stated in Paragraph 5 of the Conditions of Sale. Unless otherwise stated, Bordeaux are château bottled and all wines are bottled in the country of production. Important note regarding opening of cases and listing of levels: Christie s general policy is to open all wood cases and to describe levels. Bidders must make allowances for reasonable variations in ullage which may be encountered in cases from the 1984 vintage and older. Additionally, all wine from vintages 1985 and younger have levels bottom neck or better unless otherwise noted.

36 / () CAPSULE magnum = 2 marie-jeanne = 3 double-magnum = 4 jeroboam = 4 (Burgundy, Champagne) jeroboam = 6 (Bordeaux) ( 5 impériale = 8 (Bordeaux) methuselah = 8 (Burgundy) Château

37 Buying at Christie s CONDITIONS OF SALE Christie s Conditions of Sale and Limited Warranty are set out later in this catalogue. Bidders are strongly encouraged to read these as they set out the terms on which property is bought at auction. ESTIMATES Estimates are based upon prices recently paid at auction for comparable property, condition, rarity, quality and provenance. Estimates are prepared well in advance of the auction and are subject to revision. Buyers should not rely upon estimates as a representation or prediction of actual selling prices. Estimates do not include the buyer s premium. Where Estimate on Request appears, please contact the Specialist Department for further information. RESERVES The reserve is the confidential minimum price the consignor will accept and below which a lot will not be sold. The reserve will not exceed the low pre-sale estimate. Lots that are not subject to a reserve are identified by the red title and the symbol next to the lot number. BUYER S PREMIUM Christie s charges a premium to the buyer on the final bid price of each lot sold. For wine, the buyer s premium is 20% of the final bid price. TAX All sums payable by the buyer to Christie s are exclusive of any goods or service tax or other value added tax (whether imposed by Hong Kong or otherwise). If any such tax applies, the buyer shall pay such tax at the rate and time as required by the relevant law. PRE-AUCTION VIEWING Pre-auction viewings are open to the public and free of charge. Christie s specialists are available to give advice at viewings or by appointment. We encourage prospective buyers to examine lots thoroughly and to request condition reports. BIDDER REGISTRATION Prospective buyers should register for a numbered bidding paddle at least 30 minutes before the auction. New clients, or those who have not made a recent purchase at Christie s, will be asked to supply a bank reference to register. To avoid any delay in the release of purchases, please pre-arrange cheque or credit approval through Christie s Accounts Department at BIDDING The auctioneer accepts bids from those present in the saleroom, from telephone bidders, or by absentee written bids left with Christie s in advance of the auction. The auctioneer may also execute bids on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by entering bids in response to saleroom, telephone, and/or absentee bids. The auctioneer will not specifically identify bids placed on behalf of the consignor. Under no circumstances will the auctioneer place any bid on behalf of the consignor at or above the reserve. Bid steps are shown on the Absentee Bid Form at the back of this catalogue. ABSENTEE BIDS Absentee bids are written instructions from prospective buyers directing Christie s to bid on their behalf up to a maximum amount specified for each lot. Christie s staff will attempt to execute an absentee bid at the lowest possible price taking into account the reserve price. If identical bids are received from two or more parties, the first bid received by Christie s will take priority. The auctioneer may execute absentee bids directly from the rostrum, clearly identifying these as absentee bids, book bids, order bids or commission bids. Absentee Bids Forms are available in this catalogue, at any Christie location, or on christies.com. Absentee bids submitted on No-reserve lots will, in the absence of a higher bid, be executed at approximately 50% of the low pre-sale estimate or at the amount of the bid if it is less than 50% of the low pre-sale estimate. TELEPHONE BIDS Prospective buyers may bid by telephone during the course of the auction. Arrangements for this service must be confirmed with the Bid Department at least 24 hours prior to the auction at Arrangements to bid in languages other than English must be made well in advance of the sale date. Telephone bids may be recorded. By bidding on the telephone, prospective purchasers consent to the recording of their conversation. Telephone bids cannot be accepted for lots estimated below HK$25,000. Christie s offers all absentee and telephone bidding services as a convenience to our clients, but will not be responsible for errors or failures to execute bids. SUCCESSFUL BIDS The fall of the auctioneer s hammer indicates the final bid, at which time, the buyer assumes full responsibility for the lot. The results of absentee bids will be sent by mail after the auction. Successful bidders will pay the price of the final bid plus premium plus any applicable VAT. AUCTION RESULTS To obtain spoken results for specific lots or faxed results for an entire sale, please call Hong Kong Office at or London Office at +44 (0) Information can also be obtained from our website at christies.com. PAYMENT Payment must be made within seven calendar days of the sale. This applies even if the buyer wishes to export the lot and an export licence is (or may be) required. The buyer will not acquire title to the lot until all amounts due to Christie s, Christie, Manson & Woods Limited, Christie s International plc or any of its affiliates, subsidiaries or parent companies worldwide have been paid to Christie s, even in circumstances where we have released the lot to the buyer. Payment should preferably be made by telegraphic transfer directly to Christie s account at:- HSBC Head Office 1 Queen s Road, Central, Hong Kong Account No Account Name : Christie s Hong Kong Limited SWIFT: HSBCHKHHHKH Please include your name and invoice number with your instructions to the bank. Although personal and company cheques are accepted, buyers are advised that purchases will not be released until such cheques have cleared. Payment by cash or banker s draft will enable immediate release of purchases. It is Christie s company policy not to make or accept single or multiple payments in cash or cash equivalents of more than HK$80,000 or the equivalent value in another currency. Christie s accept payments by credit cards up to HK$1,000,000 although conditions and restrictions apply. For details on credit card payments, please contact Christie s Accounts Department. Traveller s cheques are not accepted. Please note that transfer of lots is not recognised. The successful bidder during the auction is solely responsible for payment to Christie s. For further information, please contact Christie s Accounts Department at If the payment made to Christie s is in a currency other than Hong Kong Dollars, we shall charge the buyer for any currency costs incurred. This will include bank charges and commissions for converting the currency. The exchange rate for payment to Christie s in a currency other than Hong Kong Dollars will be the rate for Hong Kong Dollars quoted to Christie s by The Hongkong and Shanghai Banking Corporation Limited on the date of payment. Christie s certificate as to such rate will be conclusive. Please note that Christie s will not accept payments for purchased Lots from any party other than the buyer, unless otherwise agreed between the buyer and Christie s prior to the sale. STORAGE By bidding at this auction, you agree and authorise DHL Global Forwarding (Hong Kong) Limited to provide storage for your wines until you collect the same. All wines will be stored at DHL Global Forwarding (Hong Kong) Limited at our cost (on a complimentary basis) up to 30 June If purchases are not collected by 30 June 2009, you authorise DHL Global Forwarding (Hong Kong) Limited to store your wines at DHL Global Forwarding (Hong Kong) Limited s prevailing storage charges at your expense until such time that you collect. DHL Global Forwarding (Hong Kong) Limited will contact the buyer to arrange for collection or delivery instructions within seven (7) days after payment by the buyer to Christie s has been made in full and all funds are cleared. For this purpose, Christie s will need to provide the buyer s contact details to DHL Global Forwarding (Hong Kong) Limited. Wines will be released to the buyer on the buyer s production to DHL Global Forwarding (Hong Kong) Limited of a Christie s Collection Order which we will issue upon full payment by the buyer of Christie s invoice and delivery charges. COLLECTION / OVERSEAS DELIVERY It is the responsibility of the buyers and consignors to pick up or make all necessary shipping arrangement. For local delivery, all delivery charges and transit insurance will be at the expense of the buyers and consignors and will have to be prepaid to Christie s before shipment can be effected. All breakages or missing bottles must be reported to DHL Global Forwarding (Hong Kong) Limited within three days of receipt. For overseas delivery, Christie s will be pleased to assist with making arrangements for the packing, transit insurance and shipping of the purchased lots at the buyer s request and expense. Christie s will obtain the most efficient and costeffective quote at the buyer s request. All shipping charges have to be agreed and pre-paid before shipment can be effected. Christie s charges a 10% administrative fee on the shipping quote for managing your shipment. Please be reminded that all shipping quotes are exclusive of any tax and/or duties imposed by your local authorities. For more information please contact the Shipping Department at EXPORT/IMPORT PERMITS Property sold at auction may be subject to laws governing export from Hong Kong and import restrictions of foreign countries. Buyers should always check whether an export licence is required before exporting. It is the buyer s sole responsibility to obtain any relevant export or import licence. The denial of any licence or any delay in obtaining licences shall neither justify the rescission of any sale nor any delay in making full payment for the lot. Christie s can advise buyers on the detailed provisions of the export licensing regulations and will submit any necessary export licence applications on request. However, Christie s cannot ensure that a licence will be obtained. Local laws may prohibit the import of some property and/or may prohibit the resale of some property in the country of importation. For more information, please contact Christie s Shipping Department at INSURANCE All wines will be insured up to the invoice value or hammer price at our cost (on a complimentary basis) up to 30 June With effect from 1 July 2009, insurance cover will be made in accordance with the prevailing terms and conditions at DHL Global Forwarding (Hong Kong) Limited for which storage insurance charges will be invoiced to the buyer and/or consignor directly by DHL Global Forwarding (Hong Kong) Limited until the wines are collected. For further information on DHL Global Forwarding (Hong Kong) Limited s insurance policy, please contact DHL Global Forwarding (Hong Kong) Limited directly.

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39 Conditions of Sale These Conditions of Sale and the Important Notices and Explanation of Cataloguing Practice contain all the terms on which Christie s and the seller contract with the buyer. They may be amended by posted notices or oral announcements made during the sale. By bidding at auction the bidder agrees to be bound by these terms. 1. CHRISTIE S AS AGENT Except as otherwise stated Christie s acts as agent for the seller. The contract for the sale of the property is therefore made between the seller and the buyer. 2. BEFORE THE SALE (a) Examination of property Prospective buyers are strongly advised to examine personally any property in which they are interested, before the auction takes place. Condition reports are usually available on request. Neither Christie s nor the seller provides any guarantee in relation to the nature of the property apart from the Limited Warranty in paragraph 6 below. The property is otherwise sold as is. (b) Catalogue and other descriptions Our cataloguing practice is explained in the Important Notices and Explanation of Cataloguing Practice which appear after the catalogue entries. All statements by us in the catalogue entry for the property or in the condition report, or made orally or in writing elsewhere, are statements of opinion and are not to be relied on as statements of fact. Such statements do not constitute a representation, warranty or assumption of liability by us of any kind. References in the catalogue entry or the condition report to damage or restoration are for guidance only and should be evaluated by personal inspection by the bidder or a knowledgeable representative. The absence of such a reference does not imply that an item is free from defects or restoration, nor does a reference to particular defects imply the absence of any others. Estimates of the selling price should not be relied on as a statement that this is the price at which the item will sell or its value for any other purpose. Except as set forth in paragraph 6 below, neither Christie s nor the seller is responsible in any way for errors and omissions in the catalogue, or any supplemental material. (c) Buyer s responsibility Except as stated in the Limited Warranty in paragraph 6 below, all property is sold as is without any representation or warranty of any kind by Christie s or the seller. Buyers are responsible for satisfying themselves concerning the condition of the property and the matters referred to in the catalogue entry. 3. AT THE SALE (a) Refusal of admission Christie s has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid. (b) Registration before bidding A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require the production of bank or other financial references. (c) Bidding as principal When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer s premium and all applicable taxes, plus all other applicable charges, unless it has been explicitly agreed in writing with Christie s before the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to Christie s, and that Christie s will only look to the principal for payment. (d) Absentee bids We will use reasonable efforts to carry out written bids delivered to us prior to the sale for the convenience of clients who are not present at the auction in person, by an agent or by telephone. Bids must be placed in the currency of the place of the sale. Please refer to the catalogue for the Absentee Bids Form. If we receive written bids on a particular lot for identical amounts, and at the auction these are the highest bids on the lot, it will be sold to the person whose written bid was received and accepted first. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with it. (e) Telephone bids If a prospective buyer makes advance arrangements with us prior to the commencement of the sale, we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone but we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. (f) Currency converter At some auctions a currency converter may be operated. Errors may occur in the operation of the currency converter and we do not accept liability to bidders who follow the currency converter rather than the actual bidding in the saleroom. (g) Video or digital images At some auctions there may be a video or digital screen. Errors may occur in its operation and in the quality of the image and we do not accept liability for such errors. Christie s reserves the right to video tape and record proceedings at any auctions. Any personal information obtained through this process will be held in confidence by Christie s but may be used or shared with our affiliates and marketing partners to be used for customer analysis purposes and to help us to tailor our services to buyer requirements. Any buyer who does not wish to be video-taped may make arrangements to make a telephone bid in accordance with paragraph 3(e) above. (h) Reserves Unless otherwise indicated, all lots are offered subject to a reserve, which is the confidential minimum price below which the lot will not be sold. The reserve will not exceed the low estimate printed in the catalogue. If any lots are not subject to a reserve, they will be identified with the red title and the symbol next to the lot number. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at 50% of the low pre-sale estimate for the lot. In the absence of a bid at that level, the auctioneer will proceed backwards in his or her discretion until a bid is recognised, and then continue up from that amount. Absentee bids will, in the absence of a higher bid, be executed at approximately 50% of the low pre-sale estimate or at the amount of the bid if it is less than 50% of the low pre-sale estimate. (i) Auctioneer s discretion The auctioneer has the right at his absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. (j) Successful bid and passing of risk Subject to the auctioneer s discretion, the highest bidder accepted by the auctioneer will be the buyer and the striking of his hammer marks the acceptance of the highest bid and the conclusion of a contract for sale between the seller and the buyer. Risk and responsibility for the lot but not its title (including frames or glass where relevant) passes to the buyer at the expiration of seven calendar days from the date of the sale or on collection by the buyer if earlier. 4. AFTER THE SALE (a) Buyer s premium In addition to the hammer price, the buyer agrees to pay to us the buyer s premium together with any applicable tax and charges. For wine, the buyer s premium is 20% of the final bid price. (b) Payment and passing of title Immediately following the sale, the buyer must provide us with his or her name and permanent address and, if so requested, details of the bank from which payment will be made. The buyer must pay the full amount due (comprising the hammer price, buyer s premium and any applicable taxes) not later than 4:30pm on the seventh calendar day following the sale. This applies even if the buyer wishes to export the lot and an export licence is, or may be, required. The buyer will not acquire title to the lot until all amounts due from the buyer to Christie s, Christie, Manson & Woods Limited, Christie s International plc or its affiliates, subsidiaries and parent companies worldwide have been received by us in good cleared funds even in circumstances where we have released the lot to the buyer. (c) Collection of purchases We shall be entitled to retain items sold until all amounts due to Christie s, or to any of its affiliates, subsidiaries or parent companies worldwide, have been received in full in good cleared funds or until the buyer has satisfied such other terms as we, in our sole discretion, shall require. By bidding at this auction, you agree and authorise DHL Global Forwarding (Hong Kong) Limited to provide storage for your wines until you collect the same. All wines will be stored at DHL Global Forwarding (Hong Kong) Limited at our cost (on a complimentary basis) up to 30 June Within seven (7) days after payment by the buyer to Christie s has been made in full and all funds are cleared, DHL Global Forwarding (Hong Kong) Limited will contact the buyer to arrange for collection or delivery instructions. For this purpose, Christie s will need to provide the buyer s contact details to DHL Global Forwarding (Hong Kong) Limited. Wines will be released to the buyer on the buyer s production to DHL Global Forwarding (Hong Kong) Limited of a Christie s Collection Order which we will issue upon full payment by the buyer of Christie s invoice. (d) Packing, handling and shipping Although we shall use reasonable efforts to take care when handling, packing and shipping a purchased lot, we are not responsible for the acts or omissions of third parties whom we might retain for these purposes. Similarly, where we may suggest other handlers, packers or carriers if so requested, we do not accept responsibility or liability for their acts or omissions. (e) Export/Import licence It is the buyer s sole responsibility to obtain any relevant export or import licence. The denial of any licence or any delay in obtaining licences shall not justify the rescission of any sale nor any delay in making full payment for the Lot(s). Unless otherwise agreed by us in writing, the fact that the buyer wishes to apply for an export or import licence does not affect his or her obligation to make payment within seven days nor our right to charge interest or storage charges on late payment. If the buyer requests us to apply for an export licence on his or her behalf, we shall be entitled to make a charge for this service. We shall not be obliged to rescind a sale nor to refund any interest or other expenses incurred by the buyer in circumstances where an export licence is required.

40 (f) Remedies for non payment If the buyer fails to make payment in full in good cleared funds within the time required by paragraph 4(b) above, we shall be entitled in our absolute discretion to exercise one or more of the following rights or remedies (in addition to asserting any other rights or remedies available to us by law): (i) to charge interest at such rate as we shall reasonably decide; (ii) to hold the defaulting buyer liable for the total amount due and to commence legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law; (iii) to cancel the sale; (iv) to resell the property publicly or privately on such terms as we shall think fit; (v) to pay the seller an amount up to the net proceeds payable in respect of the amount bid by the defaulting buyer; (vi) to set off against any amounts which we, Christie, Manson & Woods Limited, or Christie s International plc, or any of its affiliates, subsidiaries or parent companies worldwide, may owe the buyer in any other transactions, the outstanding amount remaining unpaid by the buyer; (vii)where several amounts are owed by the buyer to us, to Christie, Manson & Woods Limited or to Christie s International plc, or to any of its affiliates, subsidiaries or parent companies worldwide, in respect of different transactions, to apply any amount paid to discharge any amount owned in respect of any particular transaction, whether or not the buyer so directs; (viii) to reject at any future auction any bids made by or on behalf of the buyer or to obtain a deposit from the buyer before accepting any bids; (ix) to exercise all the rights and remedies of a person holding security over any property in our possession owned by the buyer, whether by way of pledge, security interest or in any other way, to the fullest extent permitted by the law of the place where such property is located. The buyer will be deemed to have granted such security to us and we may retain such property as collateral security for such buyer s obligations to us and to the seller; (x) to take such other action as we deem necessary or appropriate. If we resell the property under paragraph (iv) above, the defaulting buyer shall be liable for payment of any deficiency between the total amount originally due to us and the price obtained upon resale as well as for all costs, expenses, damages, legal fees and commissions and premiums of whatever kind associated with both sales or otherwise arising from the default. If we pay any amount to the seller under paragraph (v) above, the buyer acknowledges that Christie s shall have all of the rights of the seller, however arising, to pursue the buyer for such amount. (g) Failure to collect purchases If purchases are not collected by 30 June 2009, you authorise DHL Global Forwarding (Hong Kong) Limited to store your wines at DHL Global Forwarding (Hong Kong) Limited under its prevailing storage charges at your expense until such time that you make arrangements to collect. If the Lot remains uncollected for more than three (3) months without any prior arrangement, we reserve the right to resell the lot on such terms as Christie s shall think fit and to deduct from the net proceeds of sale charges for removal, storage, insurance, handling and any other costs incurred, together with all other amounts due to Christie s. 5. EXTENT OF CHRISTIE S LIABILITY We agree to refund the purchase price (other than for wines and spirits) in the circumstances of the Limited Warranty set out in para graph 6 below. Apart from that, neither the seller nor we, nor any of our officers, employees or agents, are responsible for the correctness of any statement of whatever kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Except as stated in paragraph 6 below, neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph. 6. GUARANTEE IN RELATION TO WINES AND SPIRITS (a) Subject to the obligations accepted by Christie s, none of the seller, Christie s, its employees or agents is responsible for the correctness of any statement as to the authorship, origin, date, age, attribution, genuineness or provenance of any lot, for any other error of description of for any fault or defect in any lot and no warranty whatsoever is given by the seller, Christie s, its employees or agents in respect of any lot and any express or implied condition or warranty is hereby excluded; (b) If, (1) within twenty-one days of the date of the auction, Christie s has received notice in writing from the buyer of any lot that in his view the lot was at the date of the auction short or ullaged or that any statement of opinion in the catalogue was not well founded, (2) within fourteen days of such notice, Christie s has the lots in its possession in the same condition as at the date of the auction and (3) within a reasonable time thereafter, the buyer satisfies Christie s that the lot was as notified in writing by the buyer (as above) and that the buyer is able to transfer a good and marketable title to the lot free from any lien or encumbrance, Christie s will set aside the sale and refund to the buyer any amount paid by the buyer in respect of the lot provided that the buyer shall have no rights under this Condition if: (i) the defect is mentioned in the catalogue; or (ii) the catalogue description at the date of the auction was in accordance with the then generally accepted opinion of scholars or experts or fairly indicated there to be a conflict of such opinion; or (iii) it can be established that the lot was as notified in writing by the buyer (as above) only by means of a scientific process not generally accepted for use until after the publication of the catalogue or by means of a process which at the date of the auction was unreasonably expensive or impracticable or likely to have caused damage to the lot. (See also notes on ullages and corks); (c) the buyer shall not be entitled to claim under this Condition for more than the amount paid by him for the lot and in particular shall have no claim for any loss, consequential loss or damage whether direct or indirect suffered by him; (d) the benefit of this guarantee shall not be assignable and shall rest solely and exclusively in the buyer who shall be the person to whom the original invoice was made out by Christie s in respect of the lot when sold and who has since the sale retained uninterrupted, unencumbered ownership thereof. 7. COPYRIGHT The copyright in all images, illustrations and written material produced by or for Christie s relating to a lot including the contents of this catalogue, is and shall remain at all times the property of Christie s and shall not be used by the buyer, nor by anyone else, without our prior written consent. Christie s and the seller make no representation or warranty that the buyer of a property will acquire any copyright or other reproduction rights in it. 8. SEVERABILITY If any part of these Conditions of Sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law. 9. DATA COLLECTION In connection with the operation of our auction business, we will need to seek personal information from you or obtain information about you from third parties (eg. credit checks from banks). Such information will be processed and kept by us in confidence, but may be shared with our affiliates to assist us in providing you with a complete range of services, for customer analysis and to help us to tailor our services to buyer requirements. Some of your personal data may also need to be shared with third party service providers (eg. shipping or storage companies) for your benefit. By participating in our auction, you agree to all previously stated disclosure. 10. LAW AND JURISDICTION The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the Hong Kong laws. By bidding at auction, whether present in person or by agent, by written bid, telephone or other means, the buyer shall be deemed to have accepted these Conditions and submitted, for the benefit of Christie s, to the exclusive jurisdiction of the Hong Kong courts, and also accepted that Christie s also has the right to pursue remedies in any other jurisdiction in order to recover any outstanding sums due from the buyer.

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44 Worldwide Salerooms and Asian Offices AUSTRALIA MELBOURNE +61 (0) Patricia Kontos SYDNEY +61 (0) Ronan Sulich FRANCE PARIS +33 (0) INDIA MUMBAI Menaka Kumari-Shah INDONESIA JAKARTA Amalia Wirjono ITALY MILAN JAPAN TOKYO +81 (0) Kanae Ishibashi MALAYSIA KUALA LUMPUR Lim Meng Hong THE NETHERLANDS AMSTERDAM +31 (0) PEOPLES REPUBLIC OF CHINA BEIJING +86 (0) Jane Shan HONG KONG SHANGHAI +86 (0) Brenda Kang SINGAPORE SINGAPORE Wen Li Tang SOUTH KOREA SEOUL Hye-Kyung Bae SWITZERLAND GENEVA +41 (0) Eveline de Proyart ZURICH +41 (0) Dr. Dirk Boll TAIWAN TAIPEI Ada Ong THAILAND BANGKOK Yaovanee Nirandara UNITED ARAB EMIRATES DUBAI +971 (0) Shanti Veigas UNITED KINGDOM LONDON +44 (0) LONDON, SOUTH KENSINGTON +44 (0) UNITED STATES LOS ANGELES NEW YORK DENOTES SALEROOM ENQUIRIES Call the Saleroom or Office info@christies.com For a complete salerooms & offices listing go to christies.com 13/3/09

45 Christie s Specialist Departments and Services DEPARTMENTS AMERICAN FURNITURE NY: AMERICAN INDIAN ART NY: AMERICAN PICTURES NY: ANGLO-INDIAN ART KS: +44 (0) ANTIQUITIES SK: +44 (0) ARMS AND ARMOUR SK: +44 (0) ASIAN CONTEMPORARY ART HK: AUSTRALIAN PICTURES KS: +44 (0) BOOKS AND MANUSCRIPTS KS: +44 (0) SK: +44 (0) BRITISH & IRISH ART KS: +44 (0) NY: SK: +44 (0) BRITISH ART ON PAPER KS: +44 (0) SK: +44 (0) NY: BRITISH PICTURES KS: +44 (0) CARPETS KS: +44 (0) SK: +44 (0) CHINESE PAINTINGS HK: CHINESE TWENTIETH CENTURY ART HK: CHINESE WORKS OF ART HK: KS: +44 (0) CLOCKS KS: +44 (0) CONTEMPORARY ART KS: +44 (0) SK: +44 (0) CORKSCREWS SK: +44 (0) COSTUME, TEXTILES AND FANS SK: +44 (0) EUROPEAN CERAMICS AND GLASS SK: +44 (0) FURNITURE KS: +44 (0) SK: +44 (0) ICONS SK: +44 (0) IMPRESSIONIST PICTURES KS: +44 (0) SK: +44 (0) INDIAN CONTEMPORARY ART KS: +44 (0) NY: INTERIORS SK: +44 (0) NY: ISLAMIC WORKS OF ART KS: +44 (0) SK: +44 (0) JAPANESE WORKS OF ART KS: +44 (0) SK: +44 (0) JEWELLERY HK: KS: +44 (0) LATIN AMERICAN ART NY: MARITIME PICTURES SK: +44 (0) NY: MINIATURES KS: +44 (0) SK: +44 (0) MODERN DESIGN SK: +44 (0) MUSICAL INSTRUMENTS SK: +44 (0) NINETEENTH CENTURY FURNITURE AND SCULPTURE KS: +44 (0) NINETEENTH CENTURY EUROPEAN PICTURES KS: +44 (0) SK: +44 (0) OBJECTS OF VERTU KS: +44 (0) SK: +44 (0) OLD MASTER DRAWINGS KS: +44 (0) OLD MASTER PICTURES KS: +44 (0) SK: +44 (0) ORIENTAL CERAMICS AND WORKS OF ART SK: +44 (0) PHOTOGRAPHS SK: +44 (0) PICTURE FRAMES SK: +44 (0) POPULAR CULTURE AND ENTERTAINMENT SK: +44 (0) POST-WAR ART KS: +44 (0) SK: +44 (0) POSTERS SK: +44 (0) PRINTS KS: +44 (0) SK: +44 (0) PRIVATE COLLECTION AND COUNTRY HOUSE SALES KS: +44 (0) RUSSIAN WORKS OF ART KS: +44 (0) TRAVEL, SCIENCE AND NATURAL HISTORY SK: +44 (0) SCULPTURE KS: +44 (0) SK: +44 (0) SILVER KS: +44 (0) SK: +44 (0) SOUTHEAST ASIAN ART SG: TOPOGRAPHICAL PICTURES KS: +44 (0) SK: +44 (0) TRIBAL AND PRE- COLUMBIAN ART PAR: +33 (0) TWENTIETH CENTURY BRITISH ART KS: +44 (0) SK: +44 (0) TWENTIETH CENTURY DECORATIVE ART & DESIGN KS: +44 (0) SK: +44 (0) TWENTIETH CENTURY PICTURES SK: +44 (0) VICTORIAN PICTURES KS: +44 (0) SK: +44 (0) WATCHES HK: WATERCOLOURS AND DRAWINGS SK: +44 (0) WINE HK: KS: +44 (0) AUCTION SERVICES CHRISTIE S FINE ART SECURITY SERVICES Tel: +44 (0) Fax: +44 (0) cfass@christies.com CORPORATE COLLECTIONS Tel: +44 (0) Fax: +44 (0) mwrey@christies.com FINANCIAL SERVICES Tel: +44 (0) Fax: +44 (0) HERITAGE AND TAXATION Tel: +44 (0) Fax: +44 (0) sjohnson@christies.com PRIVATE COLLECTION AND COUNTRY HOUSE SALES Tel: +44 (0) Fax: +44 (0) awaters@christies.com MUSEUM SERVICES US: Fax: awhiting@christies.com PRIVATE SALES US: Fax: bwhite@christies.com VALUATIONS Tel: +44 (0) Fax: +44 (0) norchard@christies.com OTHER SERVICES CHRISTIE S EDUCATION London Tel: +44 (0) Fax: +44 (0) education@christies.com New York Tel: Fax: christieseducation@christies.edu CHRISTIE S GREAT ESTATES Tel: +44 (0) Fax: +44 (0) info@christiesge.com KEY TO ABBREVIATIONS HK: Hong Kong KS: London, King Street NY: New York, Rockefeller Plaza PAR: Paris SK: London, South Kensington 16/3/09

46 Wine Collection and Storage All wines offered for auction in this catalogue are lying in Christie s appointed cellar, DHL Global Forwarding (Hong Kong) Limited. Collection and delivery charges must be paid in advance before the lots can be released. Buyers wishing to collect from the warehouse directly may do so by prior arrangements. DHL Global Forwarding (Hong Kong) Limited will only release the lots upon your production of a Christie s Collection Order. Request for deliveries will be made within 3 business days upon receipt of cleared funds. Delivery charges do not include insurance, unless otherwise specified. Upon receipt of a collection order from Christie s for your purchase, please contact: Contact: Mr. Ming Kwok Tel: chunming.kwok@isupplychain.net Address Flat D, Floor 1, Goldlion Holdings Centre, Yuen Shun Circuit, Siu Lek Yuen, Shatin, N.T., H.K. Office Hour: Monday to Friday 09:00-13:00 and 14:00-17:00 Local Delivery Charges Bottles New Kowloon Hong Kong Territories 1-6 HK$240 HK$240 HK$ HK$290 HK$290 HK$ HK$400 HK$400 HK$ HK$580 HK$580 HK$680 Delivery Schedule: Monday to Friday 09:00-13:00, 14:00-17:00 Saturday 09:00-12:00 Overseas Delivery Christie s will be pleased to assist with making arrangements for the packing, shipping and transit insurance of the purchased lots at the buyer s request and expense. Christie s will obtain the most efficient and cost-effective quote at the buyer s request. All shipping charges have to be agreed and pre-paid before shipment can be effected. Christie s charges a 10% administrative fee on the shipping quote for managing your shipment. Please be reminded that all shipping quotes are exclusive of any tax and/or duties imposed by your local authorities. It is the Buyer s sole responsibility to obtain any relevant export or import license.

47 - 1-6 HK$240 HK$240 HK$ HK$290 HK$290 HK$ HK$400 HK$400 HK$ HK$580 HK$580 HK$680 ()

48 Hospices de Beaune Burgundy Masterclass, Hong Kong Hosted by David Elswood, International Head of Christie s Wine Department Anthony Hanson MW, Christie s International Senior Consultant Room S224 Hong Kong Convention and Exhibition Centre Wanchai, Hong Kong Thursday 21st May, pm Since 1859, the Hospices de Beaune has always offered young wine for auction in cask.this represents an exceptional opportunity for collectors to acquire fine, rare Burgundies, both white and red, with excellent provenance. Christie s has organised this sale annually since It is one of the world s oldest, most famous and venerable charity auctions. It will take place in Beaune on Sunday 15 November, when approximately 600 barrels of red and white Burgundy will be auctioned. WHITE WINES POUILLY-FUISSE Cuvée Françoise Poisard 2006 MEURSAULT-GENEVRIERES 1er Cru Cuvée Philippe le Bon 2006 CORTON-CHARLEMAGNE Grand Cru Cuvée François de Salins 2006 RED WINES SAVIGNY-LES-BEAUNE 1er Cru, Cuvée Arthur Girard 2005 BEAUNE 1er Cru Cuvée Dames Hospitalières 2005 VOLNAY 1er Cru Cuvée Blondeau 2003 CORTON Grand Cru Cuvée Charlotte Dumay 2004 CLOS DE LA ROCHE Grand Cru Cuvée Georges Kritter 2005 MAZIS-CHAMBERTIN Grand Cru Cuvée Madeleine Collignon 2003 Admission fee: HKD 800 per person To reserve your place please contact Christie s Events Department in Hong Kong

49 L I N F E N G M I A N ( ) Still Life ink and colour on paper 68 x 68 cm. (26 ¾ x 26 ¾ in.) Painted in 1952 HK$ 1,000,000 1,200,000 US$ 128, ,800 Auction 24 May 2009 Enquiries Eric Chang Convention Hall Hong Kong Convention & Exhibition Centre No. 1 Expo Drive Wanchai Hong Kong Viewings May Fubon Life Assurance Building, Taipei Catalogues Hong Kong London +44 (0) New York Hong Kong 22nd Floor Alexandra House 18 Chater Road Central, Hong Kong View catalogues and leave bids online at christies.com Asian Contemporary Art & Chinese 20th Century Art Evening Sale Hong Kong, 24 May 2009

50 Ad.on WINE-Spring 2009.qxd:CHK SO_Jan/2008.qxd Auction 25 May 2009 The Convention Hall Hong Kong Convention And Exhibition Centre No. 1 Harbour Road Wanchai Hong Kong 4/1/09 2:43 PM Viewings May Fubon Life Assurance Bldg Taipei May Convention and Exhibition Centre Hong Kong Page 1 Enquiries Ben Kong Catalogues Hong Kong London +44 (0) New York Hong Kong 22nd Floor Alexandra House 18 Chater Road Central, Hong Kong View catalogues and leave bids online at christies.com LIN FENGMAN ( ) Fishing in Autumn scroll, mounted and framed ink and colour on paper 71.5 x 71.5 cm. (28 1/4 x 28 1/4 in.) HK$600,00-800,000 (US$77, ,200) Fine Chinese Modern Paintings Hong Kong, 25 May 2009 s i n c e

51 Finest and Rarest Wines SUNDAY 24 MAY 2009 AT 2:00 P.M. CODE NAME: SALE NUMBER: LOT NUMBER: Sale Address (22 May - 27 May): Convention Hall Hong Kong Convention and Exhibition Centre No 1 Harbour Road Wanchai Hong Kong Tel : Fax: [Dealers: Billing name and address should agree with your state or local sales tax exemption certificate. Invoices cannot be changed after they have been printed.] BIDDING INCREMENTS Bidding generally opens below the low estimate and advances in increments of up to 10%, subject to the auctioneer s discretion. Absentee bids that do not conform to the increments set below may be lowered to the next bidding interval. HK$1,000 to HK$2,000 by HK$100s HK$2,000 to HK$3,000 by HK$200s HK$3,000 to HK$5,000 by HK$200, 500, 800 (ie:hk$4,200, HK$4,500, HK$4,800) HK$5,000 to HK$10,000 by HK$500s HK$10,000 to HK$20,000 by HK$1,000s HK$20,000 to HK$30,000 by HK$2,000s HK$30,000 to HK$50,000 by HK$2,000, 5,000, 8,000 (ie: HK$32,000, HK$35,000, HK$38,000) HK$50,000 to HK$100,000 by HK$5,000s HK$100,000 to HK$200,000 by HK$10,000s HK$200,000 to HK$300,000 by HK$20,000s HK$300,000 to HK$500,000 by HK$20,000, 50,000, 80,000 (ie:hk$320,000, HK$350,000, HK$380,000) HK$500,000 to HK$1,000,000 by HK$50,000s Above HK$1,000,000 at auctioneer s discretion The auctioneer may vary the increments during the course of the auction at his or her own discretion. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at 50% of the low pre-sale estimate for the lot. In the absence of a bid at that level, the auctioneer will proceed backwards in his or her discretion until a bid is recognised, and then continue up from that amount. Absentee bids will, in the absence of a higher bid, be executed at approximately 50% of the low pre-sale estimate or at the amount of the bid if it is less than 50% of the low pre-sale estimate. I request Christie s, without legal obligations of any kind on it part, to bid the following Lots up to the price given below. I understand that if my bid is successful the purchase price payable will be the sum of the final bid and a premium at the rate of 20 percent of the final bid per Lot. All bids shall be treated as offers made on the Notes, Conditions of Sale and the Additional Conditions of Sale printed in the catalogue. I also understand that Christie s provides the service of executing bids on behalf of clients for the convenience of clients and that Christie s will not be held responsible for failing to executive bids. If identical written bids are received for the same Lot, the written bid received first by Christie s will take precedence Absentee Bids Form Hong Kong To allow time for processing, absentee bids should be received at least 24 hours before the sale begins. Christie s will confirm all bids received by fax by return fax. If you have not received our confirmation within one business day, please resubmit your bid(s) or contact: Bids Department. Tel: Fax: PLEASE PRINT CLEARLY IN BLOCK LETTERS Lot number (in numerical order) A C Bidder s Details Client No. Client Name Daytime Telephone Evening Telephone Fax No. (Important) Invoicing Name Invoicing Address Address B Please tick if you prefer not to receive information about our upcoming sales by . Bank Reference Approval Bank Name Account No. Address Contact at the Bank Declarations Price Bid HK$ (excluding buyer premium) Lot number (in numerical order) Tel. No. Price Bid HK$ (excluding buyer premium) I HAVE READ THE BUYING AT CHRISTIE S SECTION, IMPORTANT NOTICES AND EXPLANATION OF CATALOGING PRACTICE, THE CONDITIONS OF SALE PRINTED IN THE SALE CATALOGUE, AS WELL AS THE NO THIRD PARTY PAYMENT NOTICE AND AGREE TO BE BOUND BY THEM. I AUTHORIZE CHRISTIE S HONG KONG LTD & HSBC TO REQUEST BANK REFERENCES RELATING TO THE ACCOUNT(S) SPECIFIED BY ME IN SECTION (B). Client Signature Date

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53 Bidder Registration Form Paddle No. 投標編號 投標者登記表格 A Have you made a purchase at Christie s before? 你曾否於佳士得成功地投得拍賣品 YES 有 Existing Client Number 客戶號碼 NO 沒有 New Client Number: If you already have a Christie s Client Number we can print out a completed registration form for you. OFFICE USE: Nature of ID Provided 提供之身份證明文件類型 若閣下已持有佳士得客戶號碼 我們可為閣下印出一份已代填寫之表格 B Bidder s Details 投標者資料 Complete the details of the person who will be bidding in the Auction Room: 請於以下填寫將會出席拍賣會投標人士之資料: Family Name 姓 Given Name 名 HK ID/Passport No. 香港身份證/護照號碼 電郵 Tel. 電話 Fax 傳真 Address 地址 Please tick if you prefer not to receive information about our upcoming sales by . 如閣下選擇不以電子郵件接收有關本公司將舉行的拍賣資料 請於方格內劃上 號 Please register me for the following sessions 本人有意競投下列拍賣項目 2701 Finest and Rarest Wines 2702 Southeast Asian Modern and Contemporary Art 2703 Asian Contemporary Art and Chinese 20th Century Art (Evening Sale) 2706 Chinese 20th Century Art (Day Sale) 2707 Asian Contemporary Art (Day Sale) 2708 Fine Chinese Modern Paintings 2709 Fine Chinese Classical Paintings and Calligraphy 2711 The Imperial Sale 2716 Important Watches 2717 Jewels: The Hong Kong Sale 頂極珍貴名酒 東南亞現代及當代藝術 亞洲當代藝術及中國二十世紀藝術 (晚間拍賣會) 中國二十世紀藝術 (日間拍賣會) 亞洲當代藝術 (日間拍賣會) 中國近現代畫 中國古代書畫 中國宮廷御製藝術精品 重要中國瓷器及工藝精品 Important Chinese Ceramics and Works of Art 精緻名錶 瑰麗珠寶及翡翠首飾 C Financial Reference 財政咨詢 COMPLETE THIS SECTION IF YOU HAVE NOT PREVIOUSLY MADE A PURCHASE AT CHRISTIE S 若閣下未有於佳士得投得拍賣品 請填寫此欄 1. Name of Bank 銀行名稱 Bank Address 地址 Account Number(s) 戶口編號 Contact at the Bank 聯絡人 2. Credit Card Number 銀行信用咭號碼 Tel. No. 聯絡人電話 Credit Card type 銀行信用咭類別 D Declarations 聲明 I HAVE READ THE BUYING AT CHRISTIE S SECTION, IMPORTANT NOTICES AND EXPLANATION OF CATALOGING PRACTICE, THE CONDITIONS OF SALE PRINTED IN THE SALE CATALOGUE, AS WELL AS THE NO THIRD PARTY PAYMENT NOTICE, AND AGREE TO BE BOUND BY THEM. 本人已細閱載於目錄內之末的買家須知 重要通告及目錄編列方法之說明 業務規定及不接受第三方付款通告 並同意遵守所有規定 I AUTHORIZE CHRISTIE S HONG KONG LTD AND HSBC TO REQUEST BANK REFERENCES RELATING TO THE ACCOUNT(S) SPECIFIED BY ME IN SECTION(C) ABOVE. 本人授權佳士得香港有限公司及香港上海匯豐銀行有限公司向銀行索取有關本人於 C 欄所列戶口之資料 Signature 簽署 Date 日期 Christie s Hong Kong Limited 佳士得香港有限公司 22nd floor Alexandra House, 18 Chater Road, Central, Hong Kong Tel: Fax: 香港中環遮打道18號歷山大廈22樓 電話 傳真 christies.com

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