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Hong Kong and New York City Sales Combine to Deliver Estimated US$32M/HK$250M in Sales for First Half of 2014
New York, NY (PRWEB) June 27, 2014
With US$32M/HK$250M in total combined auction sales through June 2014 in the worlds two most important wine auction markets, Acker Merrall continued to set the pace as the largest and most influential wine auction firm in the world. Reinforcing the firms number one position, Ackers auctions in Hong Kong and New York City set almost 700 new world records for the top Domaines and Chateaux of Burgundy, Bordeaux, Rhone, Champagne, Italy, Spain and California.
For the last decade, no one has come close to offering the number of lots and overall dollars of wine in the auction market as Acker Merrall. I know it continues to make the competition crazy, perhaps even a bit frothy, yet it's a great feeling to be at the top across these two key markets. That is a significant achievement given the ever-changing landscape of fine and rare wine, said Acker Merrall & Condits CEO, John Kapon. Wine is about friendship and good times, and this is how we live our lives and share them with our clients. We are proud yet humble, ever grateful for the loyalty and close bond we share with those that do business with us, Kapon continued.
The market is as good as it has ever been. Most wines are at an all-time high, and those that arent are creeping back up the ladder. With the stock market booming and technology driving, the New York market has come back in a big way in 2014. The stage has been set for an exciting Fall season, and we will continue to do what is best for the greatest collectors in the world on a monthly basis.
Acker Merralls next auctions will be September 6th in New York and September 19th-20th in Hong Kong.
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