Monday, November 26, 2012

Relativity.

For anyone, interested in such things, buyers at Hong Kong auctions in November established the relative value of a bottle of 2005 Domaine de la Romanée-Conti. In fact, at around $18,250 or so, it's worth just over a third of the cost of a Damien Hirst-decorated Fender Stratocaster or a fifty-third of that of a 1930 Leica.

Damien Hirst Fender Stratocaster sold for HK$480,000 ($62,000) on Nov. 25 
at Ravenel International Art Group Hong Kong auction

1930 Leica Luxus I 50mm camera with faux lizard skin body covering. 
sold at Bonhams auction in Hong Kong for HK$7.5m ($967,750)

12 bottles Domaine de la Romanee-Conti 2005 
sold for HK$1.7m ($219,353) at Christies, Hong Kong

1 comment:

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