2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums $597,600 Realized - Zachys Wine Auctions

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2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
2021 Year
                                  in Review

1990 Romanée-Conti DRC
  6 Magnums • $597,600 Realized
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
2013 Harlan Estate
             6 Bottles • $8,093 Realized
2   2021 Year In Review
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
Contents
Introduction                                         4

Studio & Live Auction Success                        6

Asian Success                                         7

European Success                                     8

Spirits Success                                      9

Top Regions, Producers & Lots                     10-11

Average Lot Value                                   12

Sales By Region                                   14-15

Napa Valley Vintners & The Conscious Collection   16-17

zCollections                                        18

Retail Successes & Plans for the Future             19

The Team                                          20-21

Conclusion                                          22

                                                          2021 Year In Review   3
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
Introduction
             $108,559,836.
             That’s a big number. If you add in Zachys retail, we top $153,000,000 in global sales.

             In fact, it’s Zachys Auction’s second biggest number ever. If you include retail, 2021 was our most
             successful year ever thanks to two things: our dedicated team, and you, our international wine-
             loving friends.

             2021 saw many firsts for Zachys. We sold the most expensive case of wine ever, a six-magnum
             OWC of 1990 Romanée-Conti for US$597,600. We partnered with Premiere Napa Valley, the first
             auction house to do so in their 25-year existence, to hold an auction that was more successful
             than even the 2019, pre-COVID-19 event. We held “the Conscious Collection” in partnership
             with Southern Glazer’s Wine & Spirits and the Wine Spectator. This auction was like none we’ve
             ever done and included a six-figure “dinner with Sting in Italy lot.” But we raised over $1m for
             restaurant worker relief in the middle of COVID-19.

             We were the first auction house “back at it,” with live, in-person auctions at Zuma and Le
             Bernardin in New York City. Both were standing room only events of fully-vaccinated wine lovers
             bidding and tasting like the old days, I.e., March 2020.

             We held 22 live and studio sales across three regions and 30 online sales. We had Spirits-Only
             auctions, Champagne-Only auctions, single-owner live and online auctions. We sold 31,118 lots
             and 164,761 bottles. We sold 28 lots over $100,000. We sold “Ian Mill QC 2,” we sold “The Vault IV,”
             we sold “Treasures from the Estate of Tawfiq Khoury,” and many anonymous offerings including
             “The X-Factor” and “The Grand Cellar.”

             Most importantly, we did it all safely!

             We had many satisfied consignors in 2021. Comments like “the team that came to my house to
             pick up the wine was safe and efficient,” “your catalogs are the best in the industry,” and “the
             whole experience from the initial call to the final payout was smooth, easy and effortless,” were
             the norm.

             What’s more impressive to me is that we are on a tear unlike any I’ve seen in my career. We
             already have several single-owner auctions in all three regions lined up for 2022, and the most
             popular sale of the year—the March 10 & 11 sale in celebration of La Paulée is already filling up.
             If you have Burgundy (or even non-Burgundy) it would be crazy not to consider putting it into
             this sale at Le Bernardin!

             Thank you to everyone who made this year so successful.

             Hope to see you in person in 2022.

                             Sincerely,

                             Jeff Zacharia
                             President

4   2021 Year In Review
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
54
    Auctions
                       164,761Bottles Sold

31,118
    Lots Sold
                          $
                            109
                       Million in Auction Sales

153,000,000
                   Over
$
            In Total Wine Sales

                                             2021 Year In Review   5
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
Studio & Live Auction Success
         In 2020, Zachys pioneered the “Studio Sale,” the live-streamed version of our auctions—we were not only the
         first wine auction house to hold one, we were the first auction house, period. They didn’t slow us down at all,
         in fact, the opposite. They allowed us to be nimbler, and prices realized increased. Though the majority of 2021
         was “Studio Sales,” we were also the first auction house to return to live, in-person auctions, with October’s
         “the X Factor” and December’s “The Vault IV & The Holiday Auction.”

         We sold 28 lots over $100,000, 127 lots $50,000-$99,999 and 1,945 lots $10,000-$49,999. Our average lot value in
         live sales was $6,675. What’s more, we had 2,398 successful bidders in 32 different countries!

                                                                                                                                                                                                                                       X
                                                                                                                                                               TOP AUCTIONS

                                                                                             New York • March 11
                                                                                                                                                                                   bid@zachys.com • zachys.com
                                                                                                                           New York • March 11 & 12, 2021

                                                                                                                                                                                   tel +1.914.448.3026 • tel +852.2530.1971
                                                                                                                                                                                   fax +1.914.313.2350 • fax +852.3014.3838

                                                                                                                                                             THE
                                                                                                                                                             BURGUNDY
                                                                                                                                                             AUCTION
                                                                                                                           2103LP

                                                                           F E AT U R I N G P I O N E E R S I I

                                                                                                                                                                                                                                       The X Factor
            The Vault IV

                                                                                                                                                                                                                                                                                       The                                             Factor
                                                                                                                           Fine & Rare Wines

                                                                        except Bu
                                                                                  rgundy                                                                     In Celebration of
                                                        WINES OF THE WORLD >

                                                           FINE&RARE
            2112N-1

                                                                                                                                                                                                                                       2110N
                                                                                                                                                             FEATURING PIONEERS II
            New York • December 11, 2021

                                                                                                                                                                                                                                       New York • October 27, 2021
                                                                                                                                                             New York • March 12

                                                                                                                                                                                                                                                                                       OCTOBER 27, 2021
                                                                                                                                                                                                                                                                                       ZUMA • NEW YORK CITY

                                                   The Vault IV                                                                                                  Fine & Rare Wines                                                                                                   Fine & Rare Wines & Spirits
                                             December 11, 2021                                                                                              in Celebration of La Paulée                                                                                                    & The X Factor
                                                                                                                                                                     March 11 & 12, 2021                                                                                                           October 27, 2021
                                                Price Realized
                                                  $12,982,113                                                                                                           Price Realized                                                                                                             Price Realized
                                                                                                                                                                          $8,989,186                                                                                                                 $8,825,506

                                                          New York • Hong Kong • London • Washington, D.C.                                                                          New York • Hong Kong • London • Washington, D.C.
C.

                                                                                                                                                                                                                                                                                       FINE&RARE         WINES & SPIRITS
                                                                                                                                                                                                                                             Fine & Rare Wines & Spirits 珍稀佳釀與烈酒窖藏

                                                                   THE
                                                                                                                                                                                                                                                                                              featuring Three Astronomical Collections of Domaine Leroy
            The Grand Cellar 「宏偉窖藏」

                                                     GRAND                                                                                                                                                                                                                                    珍稀佳釀與烈酒窖藏
                                                                                                                   The Crown Collection 皇冠珍藏

                                                                                                                                                                                                                                                                                                    呈現三個與世絕倫的勒樺酒莊收藏

                                                     CELLAR
                                                       「宏偉窖藏」
                                                                                                                                                               The Crown Collection
            2112H

                                                                                                                                                                                                                                             2110H

                                                                                                                                                                                    王冠珍藏
                                                                                                                   2106H

                                           featuring Domaine Leroy, Petrus, Macallan and more
                                                                                                                                                                                                                                             15 & 16 October 2021
            4 December 2021

                                              呈現勒樺、柏翠和麥卡倫等珍罕名釀
                                                                                                                                                                                           25 June 2021
                                                                                                                   25 June 2021

                                                                                                                                                                                             Hong Kong

                                                                                                                                                                                              年6月
                                                                                                                                                                                          2021年 月25日
                                                                                                                                                                                                   日                                                                                             15 & 16 OCTOBER 2021 | 2021年
                                                                                                                                                                                                                                                                                                                            年10月
                                                                                                                                                                                                                                                                                                                               月15和
                                                                                                                                                                                                                                                                                                                                  和16日
                                                                                                                                                                                                                                                                                                                                     日 | HONG KONG 香港
                                                 4 DECEMBER 2021 | 2021年
                                                                       年12月
                                                                          月4日
                                                                            日 | HONG KONG 香港
                                                                                                                                                                                              香港

                                            The Grand Cellar                                                                                                Fine & Rare Wines featuring                                                                                              Fine & Rare Wines & Spirits
                                              December 4, 2021                                                                                                 the Crown Collection                                                                                                               October 16, 2021
                                                                                                                                                                           June 26, 2021
                                                Price Realized                                                                                                                                                                                                                                     Price Realized
                                                  $6,765,025                                                                                                            Price Realized                                                                                                               $5,597,600
                                                                                                                                                                          $6,400,617

     6   2021 Year In Review
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
Asian Success
$27,580,207.
Hello from Hong Kong! Zachys Hong Kong saw a nearly $5.75m increase in sales from 2020, an enormous sum.
What’s more, with an average realized price of over $7,300 per lot (beating the global average by nearly $1,000),
Zachys Hong Kong continues to focus on the rarest of the rare. This is a testament to the hard work of the team
based in Hong Kong. Led by me, and supported not only by the local team, but by colleagues in Shanghai and
Beijing. In addition to being a successful year for the sale site (despite not having an in-person auction since
fall of 2019) my Asia team continues its support of the EU and USA auctions. Indeed, 44% of Zachys global sales
sold to clients in Asia. Much of this was to buyers in Hong Kong, but China, Taiwan, Thailand, and Singapore
were not far behind. We’re excited for what 2022 has in store, with several big sales already in the works!

Sincerely,
Terrence Tang

                             New York • Hong Kong • London • Washington, D.C.                                                                                                                   New York • Hong Kong • London • Washington, D.C.

                                                                                                                                                                                                 FINE&RARE               WINES & SPIRITS
                                                                                                                                                        Fine & Rare Wines & Spirits 珍稀佳釀與烈酒窖藏

                                                                                                                                                                                                                                                                                                                      THE
                                                                                                                                                                                                          featuring Three Astronomical Collections of Domaine Leroy

                                                                                                                                                                                                                                                                      The Grand Cellar 「宏偉窖藏」
                                                                                                                                                                                                          珍稀佳釀與烈酒窖藏
                                                                                                                                                                                                                                                                                                          GRAND
 The Crown Collection 皇冠珍藏

                                                                                                                                                                                                                   呈現三個與世絕倫的勒樺酒莊收藏

                                                                                                                                                                                                                                                                                                          CELLAR
                             The Crown Collection                                                                                                                                                                                                                                                           「宏偉窖藏」
                                                                                                                                                        釀

                                                                                                                                                                                                                                                                      2112H
                                            feat

                                                                                                                                                        2110H
                                                                                                                                                        名

                                                                  王冠珍藏
                                              ur in

                                                                                                                                                    罕
                                                                                                                                                    珍
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 2106H

                                                                                                                                                等
                                                   om

                                                       ine
                                                                                                                                            倫
                                                      a

                                                             Le                                                                                 卡
                                                                  ro y                                                                      麥
                                                                      , Pe                                                              和
                                                                             tr u s                                                柏翠
                                                                                      , Ma
                                                                                             c a ll a n                       樺、                                                                                                                                                                featuring Domaine Leroy, Petrus, Macallan and more
                                                                                                                                                        15 & 16 October 2021

                                                                                                          an d more • 呈 現 勒
                                                                                                                                                                                                                                                                      4 December 2021

                                                                             25 June 2021
                                                                                                                                                                                                                                                                                                   呈現勒樺、柏翠和麥卡倫等珍罕名釀
 25 June 2021

                                                                              Hong Kong

                                                                        2021年
                                                                            年6月
                                                                              月25日
                                                                                 日                                                                                                                             15 & 16 OCTOBER 2021 | 2021年
                                                                                                                                                                                                                                          年10月
                                                                                                                                                                                                                                             月15和
                                                                                                                                                                                                                                                和16日
                                                                                                                                                                                                                                                   日 | HONG KONG 香港
                                                                            香港                                                                                                                                                                                                                        4 DECEMBER 2021 | 2021年
                                                                                                                                                                                                                                                                                                                            年12月
                                                                                                                                                                                                                                                                                                                               月4日
                                                                                                                                                                                                                                                                                                                                 日 | HONG KONG 香港

                             Fine & Rare Wines featuring                                                                                                                                        Fine & Rare Wines & Spirits                                                                          The Grand Cellar
                                the Crown Collection                                                                                                                                                                  October 16, 2021                                                                 December 4, 2021
                                                       June 26, 2021
                                                                                                                                                                                                                      Price Realized                                                                    Price Realized
                                                   Price Realized                                                                                                                                                       $5,597,600                                                                        $6,765,025
                                                     $6,400,617

                                                                                                                                                                                                                                                                                                                                      2021 Year In Review   7
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
European Success
                                  $8,700,425.
                                  The United Kingdom and Europe have always been a fertile ground for Zachys consignments. When we
                                  launched UK as a sale site in 2020, we had high hopes of making a splash. COVID-19 hampered our efforts, and
                                  did so again in 2021, but no matter: we still excelled. Our bidding parties were more successful than ever, from
                                  Geneva to Stockholm to Dusseldorf. Not only did we have single-owner spirits sales including the “Water of
                                  Life,” we were delighted to welcome back the Private Collection of Ian Mill QC Part II, a blockbuster sale which
                                  sold above the high estimate with nearly half the auction resulting in world record prices.

                                  We also launched online auctions in the EU this year. In addition to the sales numbers, Europe continues to be
                                  a valuable “feeder” for our Hong Kong and US auctions.

                                  Lastly, we’re delighted to begin 2022 with a new “Head of European Sales,” Steve Weids, who comes to us
                                  with over a decade in the wine business. Christy Erickson is remaining with Zachys in an advisory role, but
                                  transitioning from her day to day responsibilities. She will retain her Zachys email and phone, so you’ll know
                                  how to be in touch!

                                                                                                     THE SPRING AUCTION
                                                                                                     Zachys Wine Auctions, Inc.
                                                                                                     auction@zachys.com • zachys.com
                                                                                                                   FIN
                                                                                                     tel +44-20-3478455     E1.914.448.3026
                                                                                                                        • tel   & RAR           E WINES & SPIRITS
                                                                                                     fax +44-20-34758525 • fax 1.914.313.2350

                                                                                                                           Mediterranean
                                                                                                                                                featuring
                                                                                                                  THE                                       COLLECTION
                                                                       Fine & Rare Wines & Spirits

                                                                                                                                                                         The Colletion of Ian Mill QC Part II
    Fine & Rare Wines & Spirits

                                                                                                                                                                                                                        LONDON • OCTOBER 23, 2021
                                                                                                                                                                         2110UK
                                                                       2106UK
    2104UK

                                                                                                                                                                         London • October 23, 2021
                                                                       London • June 18, 2021
    London • April 15, 2021

                                                                                                                                                London • June 18, 2021

                                             The Water of Life                                                     The Spring Auction                                                                           The Collection of Ian Mill QC
                                                April 15, 2021                                                                    June 18, 2021                                                                            Part II
                                                                                                                                                                                                                       October 23, 2021
                                               Price Realized                                                                 Price Realized
                                                  $674,134                                                                      $2,314,548                                                                             Price Realized
                                                                                                                                                                                                                         $3,495,442

8                                 2021 Year In Review
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
Spirit Success
$4,560,953.
Spirits was by far one of the biggest success stories of 2021. Not only did we hold several “Spirits Only” auctions,
but our spirits sales also surpassed several key regions in total sales: Champagne ($2.7m), Tuscany ($1.4m) and
Piedmont ($1.4m). We had over 700% growth in the spirits sector and our overall average lot value was $3,383, the
highest ever for Zachys.

Led by our Hong Kong department, Japanese whisky was the #1 seller in 2021 with $1.9m in sales across 426
bottles, or 290 lots. It was followed closely by Scotch with $1.5m in sales across 613 bottles, or 487 lots.

Top Regions                                          Top Distillers
Region                 Realized       # of Lots       Distiller             Realized        # of Lots

Japan                  $1,869,958       290           Karuizawa              $1,383,730       119
Scotland               $1,556,718       487           The Macallan          $861,153          150
Kentucky               $733,878         579           Pappy Van Winkle      $361,025          125
Taragona               $171,433          25           Suntory               $273,955           78
France                 $152,698          175          Bowmore               $223,651           30

                                                                                                        2021 Year In Review   9
2021 Year in Review - 1990 Romanée-Conti DRC 6 Magnums 7,600 Realized - Zachys Wine Auctions
Top Regions
     It will surprise no one that Burgundy was our “top region” of the year, in terms of total sales. DRC was the leader
     in the region, followed by Domaine Leroy and Domaine Rousseau. These few producers are bound to result in the
     highest totals, due to the sheer volume of bottles sold. There are other producers, however, that had truly banner
     years—their rise year-on-year was truly meteoric. If you have any of these wines in your cellar, you may want to
     consider offering them for sale in 2022. Rene Engel surpassed its pre-auction estimates by 172%. Bizot took off
     and surpassed its estimates by 111%. AF Gros: 104% over the low estimate. The numbers go on and on.

               Burgundy                  Bordeaux                      California                  Champagne
            $52,099,874                 $29,029,981                   $8,392,630                    $2,745,613
           40,690 Bottles              54,285 Bottles               24,069 Bottles                5,432 Bottles

                 Rhône                      Japan                      Scotland
            $2,000,376                   $1,869,958                   $1,546,136
           6,828 Bottles                426 Bottles                   611 Bottles

     Top Producers
      Producer                                        Realized            # of Lots

      Domaine De La Romanée Conti                     $18,001,490           892

      Leroy                                           $4,946,450            326

      Rousseau                                        $4,945,095            514

      Lafite Rothschild                               $4,609,665            661

      Cheval Blanc                                    $3,274,233            619

      Petrus                                          $3,218,780            178

      Mouton Rothschild                               $3,092,364            543

      Latour                                          $2,778,858            483

      Roumier                                         $2,101,943            250

      Coche-Dury                                      $1,953,775            259

      Haut-Brion                                      $1,814,280            350

      Margaux                                         $1,794,993            384

      Screaming Eagle                                 $1,636,232            170

      Karuizawa                                       $1,383,730            119

      Liger-Belair                                    $1,370,325            168

10   2021 Year In Review
Top Lots

                  BURGUNDY                                         BORDEAUX                                  CALIFORNIA

Romanée-Conti DRC 1990 - 6 (1.5L)    $597,600   Le Pin 1990 - 1 (6L)            $448,200   Screaming Eagle 2001 - 1 (3L)               $51,215

Romanée-Conti DRC 1993 - 1 (6L)      $199,200   Petrus 1989 - 1 (6L)             $87,150   Screaming Eagle 2003 - 9 (750ml)           $34,860

La Tâche DRC 2005 - 6 (1.5L)         $186,750   Petrus 1990 - 1 (6L)             $87,150   Screaming Eagle 1996 - 6 (750ml)            $27,208

Romanée-Conti DRC 1999 - 6 (750ml)   $161,850   Lafleur 1982 - 1 (5L)            $87,150   Screaming Eagle 1997 - 5 (750ml)            $27,208

La Tâche DRC 1962 - 1 (3L)           $161,850   Petrus 2005 - 1 (6L)             $74,700   Screaming Eagle 1995 - 6 (750ml)            $25,608

                       ITALY                                            RHÔNE                                   SPIRITS
                                                Ermitage Cuvée Cathelin                    Karuizawa Samurai 30 Year Old
Sassicaia 1985 - 12 (750ml)           $27,390                                    $54,517                                              $104,223
                                                JL Chave 1998 - 9 (750ml)                  Single Cask - 10 (700ml)

Barolo Monfortino Riserva                       Ermitage Cuvée Cathelin                    Karuizawa Aqua of Life 45 Year Old
                                      $27,390                                    $37,350                                               $57,724
Giacomo Conterno 1990 - 12 (750ml)              JL Chave 2000 - 6 (750ml)                  Single Cask - 2 (700ml)

                                                Ermitage Cuvée Cathelin                    Karuizawa Geisha 40 Year Old
Sassicaia 1985 - 6 (750ml)            $18,675                                    $35,276                                               $57,724
                                                JL Chave 1995 - 6 (750ml)                  Single Cask 1974 - 2 (700ml)

Barolo Monfortino Riserva                       Ermitage Cuvée Cathelin                    The Macallan Fine and Rare 56 Year
                                      $12,450                                    $35,276                                               $51,673
Giacomo Conterno 2001 - 12 (750ml)              JL Chave 1998 - 1 (3L)                     Old Single Malt Scotch 1945 - 1 (700ml)

Barolo Monfortino Riserva                       Ermitage Cuvée Cathelin                    The Macallan Fine and Rare 53 Year
                                      $11,828                                    $35,276                                               $51,673
Giacomo Conterno 2001 - 5 (1.5L)                JL Chave 2000 - 1 (3L)                     Old Single Malt Scotch 1948 - 1 (700ml)

                                                                                                                           2021 Year In Review   11
Average Lot Value
     By Category
                                                                                                                                                                           $51,592

                                                                                                                                                    $16,027
                                                                                                       $14,445

          $6,628                    $7,165                                        $6,439
                                                         $4,097
                                                                                                                              $681

         US Live                  HK Live               UK Live            Global Live                 Charity                 Net             The Vault IV                DRC Only

     By Region
                                                                                                                                                                           Key
                        $8,937

                                                                                                                                                                           Live
                                                                                                                                                                           Net
                                                                                                           $6,580
                                        $6,390

                                                                                           $5,224

                                                                                                                           $4,346
                                                         $4,057

                                                                         $3,744
       $3,310

                                                                                                                                                           $2,666

                                                                                                                                                                                      $1,206
                                                                                                                                           $2,209
                                                                                  $843
                                                 $782
                                 $758

                                                                  $648
                $605

                                                                                                                                                                    $603
                                                                                                                                                    $618
                                                                                                    $574

                                                                                                                                    $458

                                                                                                                                                                             $1,277
                                                                                                                    $186

        Spirits                         Bordeaux                  Champagne                                 Japan                          Tuscany                          Kentucky
                       Burgundy                         California          Rhône                                          Scotland                        Piedmont

12   2021 Year In Review
Karuizawa Geisha 40 Year Old Cask #3626
1 Bottle (700ml) • HK$199,200 Realized
                                     2021 Year In Review   13
Sales by Region
                                                                                 Denmark
                                                                                 $9,397,313
                                                   United Kingdom
                                                      $2,337,498
        United States
         $40,238,533

                                 Switzerland
                                  $6,403,983
                                                                        Italy
                                                                      $444,636

                                                France
                                               $181,319
          Canada
          $543,140
                            Brazil
                           $102,071

                                                          Americas
                                                           (Other)
                                                           $149,277

                                                                         Global (Other)
                                                                            $118,319

14   2021 Year In Review
Hong Kong
                                               $26,072,138
                                                                           Taiwan
         China
                                                                          $5,081,124
      $12,726,240

                                  Thailand
                                 $2,408,536
Sweden                                                       Singapore
$429,266
                                                             $1,258,021

            Germany
            $128,525

                                                                                   Japan
                                                                                  $306,821

                                        Asia (Other)
                                          $172,671

                Europe (Other)
                   $60,404

                                                                          2021 Year In Review   15
The Napa Valley Vintners
                                           When the Napa Valley Vintners asked if we could help to bring their legendary Premiere Napa Valley auction into
                                           the modern era, we became the first ever auction partner of the 25-year old event and co-created “Direct from
                                           the Cellar: the Napa Valley Library Wine Auction, powered by Zachys.” In February of 2021 this auction of 96 lots
                                           realized $933,100 against a starting total bid of $48,000 ($500 per lot). This success was followed by Premiere Napa
                                           Valley, which was atypically held in June and went off without a hitch. The energy in the air was palpable as over
                                           100 bidders and guests showed up in Napa to raise $2,669,000 from 149 lots, a figure which, on a per-lot basis,
                                           exceeded the 2020 pre-pandemic auction. If you add up every bid, Zachys accepted nearly $30,000,000 in bids for
                                           the auction.

                                                                           $
                                                                             933,100                  96
                                                                                                                          $
                                                                                                                             9,719               3427
                                                                                                                          AVG. LOT
                                                                               REALIZED               LOTS                                   ABSENTEE BIDS
                                                                                                                           VALUE

                                           Napa Valley                                               409                 60%     OF
                                           Library Wine Auction
                                           Direct from the Cellar
                                                                                   501             ABSENTEE
                                                                                                    BIDDERS
                                                                                                                         SUCCESSFUL
                                                                               LIVE BIDS                                BIDDERS WERE
                                            benefitting
                                                                                                    FROM 12
                                                                                                                         NEW TO NVV
                                                                                                   COUNTRIES
                                            powered by

                                                                               2.6M                   149
                                                                                                                         $
                                                                                                                           17,912               2,991
P R E M I E R E NA PA VA L L E Y 2 0 2 1

                                                                               $
                                                                                                                          AVG. LOT
                                                                               REALIZED               LOTS                                   ABSENTEE BIDS
                                                                                                                           VALUE

                                                                                                      118
                                                                               1,395               ABSENTEE
                                                                                                    BIDDERS
                                                                               LIVE BIDS
                                                                                                    FROM 7
Ju n e 5

                                                           powered by

                                                                                                   COUNTRIES

16                                         2021 Year In Review
The Conscious Collection
When the final hammer fell for The Conscious Collection: A Virtual Fine Wine & Spirits Auction, Zachys had helped
raise $1,477,600 for the Barstool Fund, an organization dedicated to supporting hospitality businesses that have
been affected by the COVID-19 pandemic. With additional donations from Wine Spectator Magazine and Aviation
Gin, the total raised by the sale was over $1.6 million.

The success of this special Conscious Collection + Zachys auction was a team effort, in more ways than one.
Southern Glazer’s Wine & Spirits, Vinous, and Wine Spectator Magazine sponsored the event, while chef,
restaurateur, best-selling author and Emmy Award-winning television personality Guy Fieri; Barstool Sports
Founder Dave Portnoy; Antonio Galloni, Founder of Vinous; as well as the Wall Street Journal all collaborated and
contributed to help make this Zachys auction a success.

Top 10 Lots                                                                                                Realized
Experience Il Palagio with Trudie Styler, Sting, and Riccardo Cotarella                                   $140,000
Hampton Water Dinner with Jesse and Jon Bon Jovi                                                           $85,000
Barstool Sports Experience with Dave Portnoy                                                                $70,000
Dinner with Matt Damon in New York City                                                                     $55,000
Bask in the Glories of Bolgheri                                                                            $50,000
Once in a Lifetime Lunch at Petrus                                                                          $42,000
Iconic Wines & a Trip to Tuscany with Tignanello                                                           $40,000
White Truffles & Barolo in Piedmont, Presented by the Ceretto Family                                       $36,000
Private Tour, Tasting & Dinner at Château Margaux                                                          $36,000
Cristal Tasting & Dinner with the Rouzaud Family from Champagne Louis Roederer                             $34,000

                   powered and presented by

     THE CONSCIOUS
      COLLECTION
          A VIRTUAL FINE WINE & SPIRITS AUCTION
        IN SUPPORT OF THE HOSPITALITY INDUSTRY

           April 9, 2021 at 6PM ET

                                                       exclusive
              sponsored by
                                                      media partner

                                      

                                                                                                  2021 Year In Review   17
zCollections
     $12,089,424 and 95% sold across 30 auctions.
     Zachys online auctions are one of the most exciting ways to sell wine. Same great wines, same great prove-
     nance (indeed, most consignments are “splits” from live sales) with a slightly lower average lot value of $762
     vs. $6675 for live.

     One of the greatest ways in which Zachys differs is our ability to market and sell “single owner” online auc-
     tions like no other. Eight of the 30 online sales this year were dedicated to single owners. Think you need a
     million dollars of wine for a single-owner? Think again. Zachys has held single-owner sales with $100,000 of
     wine. What that means is that regardless of the size of your collection, the full weight of the Zachys marketing
     machine falls to your collection.

        TESTIMONIAL
        I sold a single-owner online sale
        at the beginning of November
        2021. The whole experience with
        Zachys was a fantastic one. I
        wasn’t the biggest consignment of
        the year, not by far, but I’d spent
        a long time putting my collection
        together, and the Zachys team
        treated me, and the wines, like
        I was the top client of the year.
        They came up with a marketing
        plan, promoted my wines all over
        the world, and the collection
        ended up selling for over the high
        estimate. Sauternes, Burgundy,
        California wines. It took me a long
        time to put the collection together
        and they treated it like what it
        was—important.

        – The White Gold Consignor
          November 2021
          Est: $120,000-$184,000
          Realized $189,477

18   2021 Year In Review
Retail Success
& Plans for the Future
One of our greatest strengths as a business is—and      far!). Washington DC has shown a 35% increase in
always has been—a top to bottom approach to fine        sales with 263% (no, that’s not a typo) more bottles
wine. We’re an auction house, but our roots have        shipped.
always been retail, and indeed we remain one of the
                                                        As you probably already know, after a long, long time
top fine wine retailers in the world—especially for
                                                        in White Plains and Scarsdale, we’re excited to all be
Bordeaux and Italian wine, but really for all regions
                                                        under one roof in 2022. Retail, auction, and storage
of wine and at every price point.
                                                        will all be in the same building in Port Chester this
Auction and retail work hand in hand. This benefits     year in an amazing state-of-the-art facility. It’s been
the customer in many ways. Not only does it make        a long time in the making and we’re happy to be
Zachys more nimble on the consignor side, being         finally making the move!
able to offer multiple paths to sale, it offers our
buyers a wider selection of wines.                      Sincerely,

After a record-breaking 2020 (the best year for         Rob Allen
Zachys retail in over a decade), 2021 topped it! Many   Director of Retail Sales
of the world’s most celebrated wine-growing regions
saw double-digit growth—Burgundy, obviously, but
also Bordeaux and Champagne, as well as Spirits.
The New York office had its best year since 2007
(maybe longer, but our records don’t go back that

                                                                                               2021 Year In Review   19
Zachys Around the World
                                                NEW YORK

                                                                                          LONDON

                            Don Zacharia            Jeff Zacharia     Andrew McMurray
                                CEO                   President         Vice President

                                                                                          Steve Weids
                                                                                         Head of Europe

                                   Charles Antin                Julia Murray
                                Global Head of Sale           Managing Director
      CALIFORNIA
                                                                                              FRANCE

                                  Connor Kriegel                  Stu Jakub
                               Head of North America           Senior Specialist
         Fritz Hatton                                                                        Edouard Berry
           Advisor,                                                                        Specialist, Beaune
     Principal Auctioneer

                                 MIDWEST

                                                                                           Christy Erickson
      Amanda Crawford                                                                      Consultant, Paris
       Senior Specialist
         Consultant

                                  Mike Moser
                                Senior Specialist

20   2021 Year In Review
HONG KONG

STOCKHOLM                                               Terrence Tang
                                                    Head of Asia, Hong Kong

                        BEIJING

 Totte Steneby
Senior Specialist                             Ching Wong                Dora Kam
                                            Senior Specialist           Specialist

                       Austin Zhang                                                    SHANGHAI
                    Sales Director, China

                                                                                         Alex Kong
                                                                                         Specialist

                                                                                     2021 Year In Review   21
Simply The Best
          We are proud of what this team has accomplished in 2021.

          For you, as a consignor or buyer (or both), there’s one thing that matters: the gavel to gavel white glove
          service with which we handle your wines, on both sides of the auction.

          We like working at one of the biggest fine wine businesses in the world, but what difference does that
          make when it comes down to deciding where to purchase the rarest, oldest, most valuable wines? Or
          consign them? What matters when those decisions are made is not who is the biggest, but who is the
          best. Who looks after you and your wines, from the initial pick up to the final payout for consignments
          and from the inspection to the final delivery for buyers. We are attentive to all the details that result in a
          successful auction, we make sure consignors are paid on time. On the buyer side, we make sure you can
          bid with confidence, that you’re getting what you expect, and that Zachys delivers.

          That’s not to say that prices we realize for our consignors don’t matter, of course they do! Zachys is the
          only firm that can bring the full weight of the biggest fine wine retail division in the world to create
          maximum value for our consignors.

          But—the thing that makes us most proud to work here is the team. Yes, Zachys has been in business for 77
          years and, yes, the senior team has a couple of hundred years’ experience, combined. And while Zachys
          position as an institution in the fine wine world should offer you a great deal of reassurance as either a
          buyer or a seller, it’s not what matter during the actual day-to-day process of buying and selling wine.
          What matters is the current staff. And we are proud to say that we’ve compiled the best team we’ve ever
          worked with in our decades in the auction business. From Los Angeles to Napa Valley to Florida to Europe
          and the UK to Hong Kong to Beijing, we have such a wealth of perspectives and personalities, all focused
          on fine wine, that we can’t help but offer you the best experience in the wine auction world.

          Can’t wait to see what 2022 has in store. If you’d like to be a part of our upcoming auctions email us at
          consignments@zachys.com.

          Sincerely,

          Charles Antin    Connor Kriegel      Julia Murray     Terrence Tang       Steve Weids

                                                                                    “
                           “
                                Regardless of the size of your consignment,
                                the full weight of the Zachys marketing
                                machine falls to your collection.

22   2021 Year In Review
auction@zachys.com • zachys.com

 Now Accepting Consignments for
Fine & Rare Wines in Celebration of

       March 10 & 11, 2022

                                      2021 Year In Review   23
Closed for Consignment

                                     Fine & Rare Wines & Spirits
                                       Hong Kong, January 14
                                 The Collection of Ian Mill QC Part 3
                                         London, January 24
                                     Fine & Rare Wines & Spirits
                                       New York, February 25

                              Now Accepting Consignments

                           Fine and Rare Wines in Celebration of La Paulée
                            New York, March 10 & 11 LIVE at Le Bernardin
                                       Spirits & Fortified Only
                                         New York, March 31
                                     Fine & Rare Wines & Spirits
                                          London, March 26
                                     Fine & Rare Wines & Spirits
                                         Hong Kong, April 9
                                     Fine & Rare Wines & Spirits
                                         New York, April 28

24   2021 Year In Review
                                    auction@zachys.com • zachys.com
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