NEWS
SOTHEBY’S TO AUCTION TAIWAN ENTREPRENEUR PIERRE CHEN’S FINE WINE COLLECTION VALUED AT HKD88M
By Siulan Law Mathews DipWSET
10-9-2021
Source: Sotheby's
Global auction house Sotheby’s will present “The Art of Living: Legendary Wines from the Cellar of Pierre Chen” on 9 October 2021, featuring more than 360 lots of fine wines, estimated in excess of HKD88 million (USD11.3 million).
Taiwan electronics entrepreneur Pierre Chen is one of the world’s most prominent art collectors and a passionate and dedicated collector of fine wines. His collection marks the second highest estimated single-owner wine sale in Asia.
Hong Kong tycoon Joseph Lau’s private collection was sold for HKD125.4 million in a 2-part auction held in October last year and April this year.
Amassed over thirty years, Pierre Chen’s collection featured finest wines from Bordeaux, Burgundy and beyond.
The collection is distinguished by Magnums of Faiveley Musigny in vintages spanning 2015 to 2017, produced from Chen’s very own vineyard in Burgundy and here making their debut appearance at auction.
The collection also includes over one hundred lots of wines from Domaine de la Romanée-Conti, rare and great vintages of Petrus, the First Growths from Bordeaux and Burgundy gems like Henri Jayer, Leroy, Armand Rousseau and Leflaive.
It also features all the expressions of Dom Pérignon, including Oenothèque vintages and Dom Pérignon P3.
“I sincerely hope that this collaboration with an industry giant like Sotheby’s can further pique the interests and bring more people to the wonderful world of winemaking. Here, I would like to share with all of you an intimate part of my wine collection, and encourage you to start the art of living by living with the arts of your choice—in this case, wine,” said Chen.
“The scale and depth of the very finest wines is what sets Mr Chen’s cellar apart, with an exhaustive inventory that spans over 30 years from the likes of Domaine de la Romaneé-Conti, Petrus and Henri Jayer. The ability to source these wines on this scale and with great provenance is almost impossible today, and this is testament to his passion, which Mr Chen wishes to share with us. This spectacular sale continues our tradition of presenting our clients with the most important wine collections from around the world,” said Jamie Ritchie, Worldwide head of Sotheby’s Wine.
“At Sotheby’s, we have had the privilege of auctioning numerous record-breaking wines and spirits in recent years. Today, we are proud to be joining forces with Mr. Chen to present this impressive collection of large formats of legendary wines from the finest producers to the world – the quantity at this scale is extremely rare to see in the market,” said Paul Wong, head of Sotheby’s Wine & Spirits Auction, Asia.
(the writer can be contacted at: info@thewinechronicle.com)
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