Photo Courtesy of Christie's
Signature Cellars, Christie’s first online-exclusive sale of fine and rare wines totaled $819,715. The auction house reported that 88 percent of the lots sold and that the most expensive item was a dozen bottles of 1982 Château Lafite-Rothschild that sold for $42,350 to a private collector.
All activity surrounding this two-week auction was done completely online. It was the first in a series of upcoming online-only auctions that will run parallel to live auctions in sales rooms.
Signature Cellars is the next step for online-only sales events. The format has been tested twice this year with online-only sale pilots with The Collection of Elizabeth Taylor and a spring charity auction of handbags by Hermès.