New Record Prices for Dom Perignon at Largest Wine Auction Ever in Asia 06.03.08, 10:12 AM ET

An unprecedented sale featuring some of the finest wines and champagne lots highlighted some exceptional Dom Perignon lots, including a set of 3 magnums of Dom Perignon OEnotheque 1966, 1973 and 1976, sold at HK$ 726,200 (US$ 93,260 and 61,990 euros), and the historic release of the first ever Dom Perignon Rose Jeroboam, the number one of a very limited edition directly from the Dom Perignon cellars, sold at HK$ 266,000 (US$ 34,160 US and 22,706 euros).
During this exceptional auction by Acker Merall & Condit in Hong-Kong, on may 31st, 2008, prices reached new records.
The most impressive and expected lots were Dom Perignon OEnotheque 1966, 1973 and 1976 Magnums which were auctioned for the sum of 93,260 US$ the set of 3 (vs estimated US$ 20,000), breaking all previous champagne records. These exclusive Magnums were cellared between 32 and 42 years in Epernay (France), before being recently disgorged, tasted and approved by Richard Geoffroy, Dom Perignon Chef de Cave himself, then leaving the cellars.
Another rarity placed on auction by Dom Perignon was the first bottle of a never commercially released limited edition of Dom Perignon Rose Vintage 1996, also directly from the Dom Perignon cellars. Estimated at US$10,000-20,000, this jeroboam was finally acquired for US$ 34,160 by a private wine investor.
Dom Perignon is already known for attaining remarkable prices, never previously seen in champagne auctions in the past, such as the recent vintage champagne auction staged by Acker Merrill & Condit in New York in April 2008 where two bottles of the first never commercially released Dom Perignon Rose Vintage 1959 sold for the record sum of US$ 84,700.
This exemplifies the extraordinary aging potential of Dom Perignon, making it a valuable long term investment for the world's most distinguished wine collectors.
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