Sotheby’s Hong Kong has announced the sale of over 3,000 bottles of wine from the cellar of Fux Restaurant. In over 500 lots, the collection is expected to reach over HK$13.5 million/ US$1.7 million in returns. This wine auction will mark the beginning of the 2017 Sotheby’s Hong Kong autumn sale series.
The wine auction, to be held on 30 September, comprises of a wide range of vintages from the award-winning restaurant’s collection. Currently, Fux Restaurant boasts a wine list of over 4,000 wines with over 55,000 bottles.
Based in Lech, Austria, Fux restaurant is owned by seasoned connoisseur Peter Strolz who founded the restaurant 20 years ago when he was just 25 years old. ‘I am delighted to be working with Sotheby´s. Their expertise and attention to detail gives me the feeling that these rare gems from my cellar are in good hands,’ Strolz said. ‘For me, wine is about passion and sharing emotions. After my first meeting with Jamie Ritchie and Adam Bilbey from the Sotheby’s Wine, I found exactly that same spirit.’
The Sotheby’s wine auction will present numerous red and white Burgundy wines from the Domaine de la Romanée-Conti, Domaine Armand Rousseau (including 136 bottles of Chambertin) and Domaine Roulot’s collection of Meursault wines. Additionally, there will be Italian and Spanish vintages up for sale, along with Champagnes such as Jacques Selosse’s range including Les Carelles, Sous Le Mont and Millésime.
Jamie Richie, worldwide head of Sotheby’s Wine commented: ‘We have offered more than 50 single owner sales from private collectors, but so far only one series from a restaurant: the very successful sales of The elBulli Cellar in 2013. We are very excited that Fux Restaurant becomes only the second restaurant that has had an entire Sotheby’s auction dedicated to its wines.’ He continued, ‘However, there is an important difference between these two sales; while elBulli had closed its restaurant business and funds from the auction went to Ferran Adrià’s elBulli Foundation, the Fux Restaurant continues to thrive—this sale represents only a modest thinning out of the collection in order to make room in the Fux cellar for newer vintages.’
Many of the bottles up for sale in this wine auction were sourced directly from the distributor, and have all been kept in climate controlled cellars, in immaculate condition.
If you enjoyed reading this article on the latest Sotheby’s wine auction, then click here to read our Guide on Investing in Wine.
