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Former Hong Kong politician's wine collection goes for $7.48 million

Published on Mar 17, 2013 12:53 PM
 
This picture taken on March 15, 2013 shows the Christie's auction for Henry Tang's wine collection. A former Hong Kong politician sold off part of his rare wine collection for over US$6 million, auction house Christie's said on March 17, 2013, after a scandal over a wine cellar at his home was partly blamed for his loss in last year's leadership race. -- PHOTO: AFP

HONG KONG (AFP) - A former Hong Kong politician sold off part of his rare wine collection for over $6 million (S$7.48 million), auction house Christie's said Sunday, after a scandal over a wine cellar at his home was partly blamed for his loss in last year's leadership race.

The city's former number two Henry Tang was set to become the chief executive in 2012 until a series of gaffes and the discovery of an illegal basement containing the cellar at his luxury home made him deeply unpopular.

The two-day auction, which fetched $6.22 million, included a wide selection of Burgundys with vintages ranging from 1949 to 2010, Christie's said, and dozens of wine aficionados attended with others bidding online.

The highlights of the sale were six magnums of Romanée Conti Vintage 1995 which sold for $156,695 and 12 bottles of Montrachet Vintage 1978 which sold for $109,687.

 
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