Cellar Notes

2026 年 10 月 25 日

唐英年先生珍藏：佳士得香港全數成交

佳士得於 10 月 10 日假香港 The Henderson 舉行「唐英年先生珍藏」拍賣，作為其酒類部門成立 60 週年的首場拍賣。全場逾 800 項拍品，經歷長達 13 小時的競投後悉數售出，總成交額達港幣 50,212,875 元（連買家佣金），其中約八成拍品的成交價高於估價上限。

全場最高成交價由 Domaine de la Romanée-Conti Romanée-Conti 1971 年 1.5 公升裝奪得，以港幣 875,000 元成交。Henri Jayer、Domaine de la Romanée-Conti 及 Leroy 等名莊佳釀亦表現突出。

值得注意的是，佳士得指出，近半數買家來自千禧世代及 Z 世代，當中近七成更是新買家，反映高端葡萄酒拍賣市場正吸引新一代收藏家進場。

我們的看法：酒的保存狀態直接決定其價值。保存完善的藏品，幾乎不會以低價成交；反之，即使只有輕微瑕疵，價格亦可相差甚遠。因此，收藏級酒款要「撿漏」，機會其實不大。

The Vine Gallery

English

The Cellar of the Hon. Henry Tang sells 100% at Christie's Hong Kong

On 10 October Christie's offered "The Cellar of the Hon. Henry Tang" at The Henderson in Hong Kong, the opening sale of the 60th anniversary of its Wine & Spirits Department. Over 800 lots sold in full after 13 hours of bidding, for a total of HK$50,212,875 (including buyer's premium), with around 80% of lots selling above their high estimates. The top lot was a magnum of Domaine de la Romanée-Conti Romanée-Conti 1971 at HK$875,000. Henri Jayer, Domaine de la Romanée-Conti and Leroy were the standouts; Christie's said almost half of the buyers were Millennials or Gen Z, and close to 70% of them were new buyers.

Our view: A wine’s condition is an important factor in determining its market value. Bottles that have been well stored and have sound provenance tend to command stronger prices, while even minor flaws can have a meaningful impact on value. For collectible wines, finding a genuine bargain can be difficult; careful assessment of condition, provenance and price remains essential.

The Vine Gallery

Sources

  1. Christie's press release, 12 Oct 2026 — sale results
  2. Christie's press release, 14 Sep 2026 — sale announcement

本文僅供參考,不構成投資建議。This article is for information only and is not investment advice.

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