U.S. Markets close in 51 mins

Sotheby's Worldwide Wine Sales Reach $88 Million To-Date In 2018 * 77% increase Over 2017 *

Sotheby's Wine Sales Total $12.3 Million This Weekend in New York, Led by: THE WORLD'S MOST EXPENSIVE BOTTLE OF WINE

Two Bottles of Romanée Conti 1945 Both Break the World Auction Record for Any Bottle of Wine, Selling for $558,000 & $496,000

Three Bottles of Romanée Conti 1937 Establish A New World Auction Record for Any Magnum Bottle, Each Selling for $310,000

'White-Glove' Auction of Rare Domaine de la Romanée-Conti from The Personal Cellar of Robert Drouhin Achieves $7.3 Million * More than 5 Times Its High Estimate *

The Macallan 1926 60 Years Old (Sir Peter Blake Label) Sells for $843,200 * The Highest Price for Any Spirit Sold at Auction in North America * & * The Highest Price for Any Wine or Spirit in Sotheby's History *

NEW YORK, Oct. 15, 2018 /PRNewswire/ -- This Saturday in New York, Sotheby's (BID) October wine auctions concluded with a total of $12.3 million, with over 1,100 lots sold over the course of two days.

Jamie Ritchie, Worldwide Head of Sotheby's Wine, commented: "We are delighted with the outstanding results of our October wine sales in New York. For both wine and whisky, the incredible prices achieved this past weekend set the most important world records for both our global Wine team, and the entire auction market worldwide. Not only did we have the privilege of breaking our long-held world record for a single bottle of wine of any size twice in one sale, but we also had the pleasure of selling what have now become the most expensive magnum bottles of wine, the most expensive spirit purchased at auction in North America, and Sotheby's top price for a single spirit. Coupled with success of our Hong Kong wine sales this September, the results of our October New York sales are evidence that the demand amongst global connoisseurs for the rarest bottles with exceptional provenance is at its highest point. It has been an honor to work alongside Robert Drouhin and his family, as well as The Macallan and we look forward to continuing this momentum as we head into our November and December auctions."

Note to Editors:
**The previous auction record for a single bottle of wine of any size was established by Sotheby's New York in February of 2007, when a jero of Château Mouton Rothschild 1945 sold for $310,700

About Sotheby's
Sotheby's has been uniting collectors with world-class works of art since 1744. Sotheby's became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby's presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby's BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby's offers collectors the resources of Sotheby's Financial Services, the world's only full-service art financing company, as well as the collection, artist, estate & foundation advisory services of its subsidiary, Art Agency, Partners. Sotheby's presents private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Global Fine Art Division, and three retail businesses: Sotheby's Wine, Sotheby's Diamonds, and Viyet, the online marketplace for interior design. Sotheby's has a global network of 80 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).

*Estimates do not include buyer's premium. Prices achieved include the hammer price plus buyer's premium and are net of any fees paid to the purchaser where the purchaser provided an irrevocable bid.

Instagram  |  Facebook  |  Twitter  |  YouTube  |  Pinterest  |  Snapchat  |  Weibo  |  WeChat  |  Youku

Images are available upon request
Browse sale catalogues, view original content, stream live auctions and more at sothebys.com, and through Sotheby's apps for iPhone, iPad, Android, Apple TV and Amazon Fire

New York | +1 212 606 7176 | Darrell Rocha | Darrell.Rocha@Sothebys.com | Alexandra Fizer | Alexandra.Fizer@Sothebys.com

Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/sothebys-worldwide-wine-sales-reach-88-million-to-date-in-2018--77-increase-over-2017--300731106.html