Should I Sell My Wine in Hong Kong? A Question Pondered
Subic Clark Wine Shop reports news about wine: Should I Sell My Wine in Hong Kong? A Question Pondered
June 13, 2011
Following the worst flight delays of my life (46 hours at JFK, over $200 in food vouchers, mountains of trail mix consumed) I landed in Hong Kong sleep deprived, malnourished, and ready to see what all the hubbub is about.
Anyone who follows the wine auction market knows that prices have sky rocketed for certain wines making, in a very short time, Hong Kong the world’s wine auction leader. The demand is huge, the potential endless. Hong Kong is the place to sell your wine in 2011. Or is it?
I found myself wondering this as I helped put together our March Hong Kong sale, an 800-lot, $10 million giant titled: Finest and Rarest Wines Featuring Treasures from a Connoisseur and The Vintage Wine Fund. This sale is tailor-made for the Hong Kong market. It has Bordeaux. Lots of Bordeaux. Almost all of it first growths, super seconds, or the top right bank wines. Pick up the results from a Christie’s wine sale and you’ll see that this is where the demand is. That shouldn’t be any great shock—the demand has always been in Bordeaux, not only in Hong Kong, but at all of our sale sites.
Hong Kong is unique because it’s a nascent market, at least compared to London, where they’ve been having wine auctions for a few hundred years. 150 years ago, Hong Kong looked like this. I don’t think they were having wine auctions atop their junks on the sail to Kowloon. But now, partly because it’s new (and for a myriad of other reasons) the demand is great, and it’s the greatest for classic Bordeaux. Beyond Bordeaux, there’s also a demand for the top wines of Burgundy, i.e. the usual suspects of DRC, Rousseau, Roumier. We’re also seeing an increased interest in the pleasures of aged wine. My Hong Kong-based colleague Francesco has written about the importance of ageing that case of 2005 DRC before cracking a bottle over a meal of xing long bao. Because of this increased interest, we felt it was time to offer up one of the most extensive collections of pre-war DRC I’ve seen in some time (that’s the “Treasures” portion of our title). Stay tuned for the catalog or contact us for a sneak peek, if you’re interested.
Which brings me back to my original question: should you sell your wine in Hong Kong? That depends on what your wine is. We get emails and calls all of the time from people who have heard about the market surge and want to cash in. But if your wine collection isn’t made up of solid cases of blue-chip Bordeaux and Burgundy, selling in Hong Kong probably isn’t the best way to maximize your value. Certain wines are better suited to a market that is more familiar with them. It’s important to remember that maximizing your value isn’t about chasing a trend. It’s about figuring out the best sale site for your particular collection. One of the greatest things about working for a truly international auction house is that, regardless of where the auction is, we can tailor a sale to your collection’s needs.
Source: http://www.christies.com/Features/should-i-sell-my-wine-in-hong-kong-1285-1.aspx
The wines of Yats Wine Cellars are designed for the matured wine lovers looking for wines that are interesting, not necessarily impressive, and at a fair price that is usually below those of a comparable big names, and from a matured vintage from 20 years or older. There are over 2000 selections of wine at Yats that fit that description.
If Philippines is part of an upcoming travel and holiday plan, wine lovers might want to visit Clark Freeport Zone just 70 minutes from Manila. This bustling new city that is slated to replace Manila as the new capital of the Philippines has the largest wine shop called Clark Wine Center. Vintages span over a century and the selection of old- and new-world wines covers all major wine regions are all available at this top-rated wine shop near Manila. Pampanga Philippines is a fast growing province. Growth in major cities such as San Fernando, Angeles City and Clark Freeport Zone has given rise to a strong demand for luxury goods, upscale dining and quality living. Absence of a good wine shop for fine vintage wine has caused considerable inconvenience to the affluent community which is forced to drive down to Manila to purchase their wines.
Yats Wine Cellars is generally regarded by Asian and Philippines wine lovers as the best wine supplier in the Philippines. This Wine Shop in Clark Philippines releases very rare wines for wine lovers in Asia.
Wine lovers from Japan, Korea, Hong Kong, Thailand and Indonesia travel to Philippines Clark Freeport to purchase these limited rare bottles of fine vintage wine.
Leading Philippines wine supplier known for its line of fine vintage wines, Yats Wine Cellars was established in 2000 to address the requirement of a growing population of wine enthusiasts in the Philippines. Yats Wine Cellars caters to the discerning client who requires these qualities in their wines: (1) excellent value, (2) large selection of labels and vintages to choose from and (3) wines properly aged for full enjoyment.
http://www.ClarkWineCenter.com
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.
Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.
Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
Wine@Yats-International.com
YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
http://www.PhilippinesWeddingVenue.com
While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.
The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com
Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com
Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com
You can skip to the end and leave a response. Pinging is currently not allowed.