The Philanthropist’s Cellar, a unique collection of 800 vintages, is going under the hammer at Sotheby’s Hong Kong on 31 March. Estimated at approximately HK$60 million, the collection is pitted to be the company’s largest-ever single-owner wine sale in Asia.
Owned by a private collector, the Philanthropist’s Cellar is distinguished by the combination of depth and breadth of the greatest wines ever made in Bordeaux and Bugundy. Some of the highlights include Chateau Lafite (1986), estimated at HK$85,000 to HK$120,000, Chateau Haut-Brion (1989), estimated at HK$120,000 to HK$180,000 and Montrachet Domaine de la Romanée-Conti (1989), estimated at HK$450,000 to HK$600,000.
All proceeds will be donated to improve health and education conditions of children in rural China, thanks to the efforts of the Rural Education Action Program (REAP) of Stanford University, the major beneficiary of the sale. REAP has earlier done similar work in rural parts of China, like setting up education centres and providing basic sanitation facilities.