News — Wine Auctions

Christie’s expects the sale to realize at least HK$26 million, or about US$3.31 million. The auction opens the house’s 60th-anniversary celebrations for its Wines and Spirits department, nearly six decades after Christie’s held its first wine auction in London in 1966.

Château Margaux has appointed Aurélien Valance as managing director, with the transition set to take place at the end of 2026. Valance currently serves as deputy managing director for sales and operations at the first-growth Bordeaux estate. He will succeed long-serving Managing Director Philippe Bascaules, who is stepping down and retiring at the end of 2026 after more than three decades associated with the estate, but will stay on as a consultant for key technical periods like harvesting, winemaking, and blending.

Sotheby’s Wine Exclusives team in New York opened its September Sale on September 3, 2026, bringing together collector-focused wines from Burgundy, Bordeaux, Champagne, and Napa Valley Cabernet Sauvignon.

August 2026 is a busy month for fine‑wine auctions, with high‑end European and US buyers focusing on rare Bordeaux, Burgundy and Champagne lots coming under the hammer in both Europe and the US. For anyone holding or hunting blue‑chip bottles, this month’s auctions are a useful barometer of where the premium market really is, beyond indices and theory.