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AN EVENING OFEXCEPTIONAL WINES13 JANUARY 2013HONG KONG

GROUP CHAIRMAN AND CEOOlivier D. StockerYOUR SPECIALISTSSTAMPSUK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom SmithUSA - George EvelethEUROPE - Guido Craveri Fernando MartínezCHINA - Anna Lee Johnny SangCOINSUK - Paul Dawson Richard Bishop William MacKay Barbara MearsJohn Pett Eleanor Charlotte DixUSA - Stephen Goldsmith Matthew Orsini Normand PepinCHINA - Mark LiBANKNOTES, BONDS & SHARESUK - Barnaby Faull Mike Veissid Andrew Pattison Tom BadleyUSA - Stephen Goldsmith Matthew OrsiniCHINA - Mark LiORDERS, DECORATIONS, MEDALS & MILITARIAUK - Mark Quayle Oliver PepysBOOKSUK - Philip Skingley Bobby McBriertyAUTOGRAPHSUSA - Stephen GoldsmithWINESCHINA - Anna Lee Guillaume Willk-FabiaYOUR EUROPE TEAM (LONDON - LUGANO)Chairman’s OfficeDennis Muriu Monica KruberDirectorsTim Hirsch Anthony SpinkAuction & Client Management TeamMiroslava Adusei-Poku Sandie Maylor Charles Blane Luca BorgoRita Ariete Sarah Schmitz María Martínez Maurizio ScheniniFinanceAlison Bennet Marco Fiori Mina Bhagat Alison Kinnaird Billy Tumelty Claire GreenhillIT & AdministrationBerdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer John WinchcombeHarry Gladwin Tom Robinson Cristina Dugoni Giacomo CanziYOUR AMERICA TEAM (NEW YORK)Chairman EmeritusJohn HerzogAuction Administration and Marketing & DesignLori Lewin Patricia Gardner Emily Cowin Clyde TownsendFinance & AdministrationSam Qureshi Ingrid QureshiAuctioneersStephen GoldsmithYOUR ASIA TEAM (HONG KONG - SINGAPORE)Vice ChairmanAnna LeeAdministrationAmy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

AN EVENING OF EXCEPTIONAL WINES13 January 2013 in Hong Kong and onSALE LOCATIONSPINK CHINA9/F Malaysian Consulate Building,50 Gloucester Road, Hong Kongtel +852 25 300 100 fax +852 25 266 128SALE DETAILSSunday 13 January at 6.00 p.m.In sending commission bids or making enquiries,this sale should be referred to as PROVENANCE - SFW02YOUR SPINK TEAM FOR THIS SALEFOR YOUR QUESTIONS ABOUT THE SALE LOTSGuillaume Willk-Fabiagwillkfabia@spink.com+65 6339 8801 (until 8 January 2013)+65 9780 5421Anna Leechina@spink.com+852 25 300 100AUCTION TEAM FOR YOUR BIDS, SALE RESULTS ANDCATALOGUE REQUESTSAmy Yungchina@spink.com+852 25 300 100fax +852 25 266 128Dennis Chandchan@spink.com+852 25 300 100Spink is pleased to continue to offer Spink Live, the internet bidding servicewhich has revolutionized the way in which our clients bid at auction. To getstarted, feel free to contact us today for personal assistance. Attila Gyanyi isavailable by e-mail: agyanyi@spink.com or tel: +44 (0)20 7563 4090.Use this QR code to visit our online catalogue and leave proxy bids onSpink Live.You can download the QR Code Reader for iPhone, Blackberry andAndroid from App Store on your smartphoneThe Spink Environment Commitment:Paper from Sustainable Forests and Clean InkFor centuries Spink and its employees have been preserving and curating collectable items.We now wish to play a modest role in preserving our planet, as well as the heritage of collectables, so futuregenerations may enjoy both.We insist that our printers source all paper used in the production of Spink catalogues from FSC registeredsuppliers (for further information on the FSC standard please visit fsc.org) and use non hazardous inks. Wehave further requested that they become accredited with the environmental standard ISO 14001.Spink recycle all ecological material used on our premises and we would encourage you to recycle yourcatalogue once you have finished with it.WWW.SPINK.COMMiroslava Adusei-Pokuauctionteam@spink.com+44 (0)20 7563 4020fax +44 (0)20 7563 4037 (until 10January 2013)FOR YOUR INTERNET BIDDINGNewton Tsangntsang@spink.com+852 25 300 100FOR SHIPPING OF YOUR LOTSRaymond Tatchina@spink.com+852 25 300 100FOR YOUR PAYMENTchina@spink.com+852 25 300 100 fax +852 25 266 128To purchase a catalogue:email: catalogues@spink.comtel: +44 (0)20 7563 4108 fax: +44 (0)20 7563 4037For more information about Spink services, forthcomingsales and sales results visit the Spink Websitewww.spink.com

JANUARY 13, 2013 - HONG KONGINTRODUCTIONIt is with great pleasure that we presentthe first edition of our revamped auctioncatalogue of fine wines.Spink Fine Wines, a fully owned divisionof Spink, will bring the expertise andintegrity that we are synonymous with inthe world of collectables.Spink was founded over three hundredyears ago, in 1666, almost a full centurybefore the Prince de Conti paid 8,000livres outbidding Madame dePompadour, the mistress of Louis XV of France, for theDomaine Romanée-Conti. Sadly, DRC was not boughtin a Spink auction, but we are always looking for newideas, in terms of business strategy, client services andtechnology. Like the good vine Spink has deep rootsand is not averse to a bit of flamboyance from time totime.Over the years travelling to Asia, where we have beenholding auctions for several decades in Hong Kong andSingapore, I was often asked by our Asian based clients,“why don’t you start a wine business? It would fit sowell in your portfolio, you know where there are a lotof rare wines, we trust you, and the vast majority of yourcustomers are also wine lovers”. Finally we did it withthe recent acquisition of Oeno China in Hong Kong,and this is the first fully rebranded edition of our newcatalogue, under the direction of our two wine expertsAnna Lee, Vice-Chairman, based in Hong Kong, andGuillaume Willk-Fabia, Director of our Fine WinesDepartment.I trust you will find our catalogue slightly different fromour main competitors. We shall try to stay away fromthe recent and speculative wines, which account formost of the market volume, to focus on rare bottles forcollectors or ready to drink treasures. So our auctionswill be necessarily smaller, but hopefullymore interesting.As we do in our other 60 plus non-wineauctions per year, the focus will be onprovenance and quality with a specialemphasis on relationships with theChâteaux.As you will see in this catalogue forexample, a very rare original woodencase of 6 bottles of sought afterChâteau Cheval Blanc 1947 and anoriginal wooden case of Châteaud’Yquem 1929 are on offer. Both ofthese have been checked by the Châteaux and thesuccessful purchaser will be offered a private tour of theChâteau. Similarly we are offering very rare Imperialesdirectly from the cellar of the newly classified ChâteauPavie as a Premier Grand Cru Classé A. It was a welldeserved promotion and to celebrate this rareachievement, the owners of Château Pavie would bedelighted to welcome the buyers of the Imperiales totheir estate.While it is our current intention to have all our wineauctions in Hong Kong, and maybe occasionally inSingapore, a good proportion of the lots are sourcedfrom our clients in Europe, so located in the EU. Henceour collectors from Europe and USA have a chance tocompete on some lots with our clients from Asia.I hope you will recognise Spink’s unique style in ourwine catalogues, and enjoy the sale.Olivier D. Stocker, CFAChairman and Chief Executive OfficerChairmanOffice@spink.comCALL FOR FUTURE AUCTION CONSIGNMENTSAnna Leechina@spink.com+852 25 300 100Guillaume Willk-Fabiagwillkfabia@spink.com+65 6339 8801+65 9780 5421

AN EVENING OF EXCEPTIONAL WINESHFINBONVTSTSHSMSLMSLSLevels for Bordeaux BottlesHF – High FillThe standard level for young wines or older bottles recorked at the Chateau.IN – Into NeckPerfect level for a wine of any age. Indicates very good storage conditions. Outstanding level for a wine 10 years of age or older.BN – Base of NeckGood level for a wine of any age. For wines 10 years of age or older, indicates perfect storage conditions.VTS – Very Top ShoulderAcceptable level for red Bordeaux wines around 20 years old.HS – High ShoulderAcceptable for wine over 25 years old. Good for wine over 40 years old.MS – Mid ShoulderNot unusual for wines over 40 years old. Could indicate early signs of cork failure.LMS – Low-Mid-ShoulderUsually indicates deterioration of the cork.LS – Low ShoulderMay indicate poor storage condition and possibly an undrinkable wine.Levels for Burgundy BottlesThe shape of Burgundy bottles does not allow for a level rating system based on the shoulder of the bottle; levels are describedin terms of centimeters below the cork.Generally, Burgundy bottles with a fill level of 2.5cm or above are considered normal for wines younger than 10 years of age.Wines more than 15 years old of age with fill levels of between 4cm and 6cm are generally considered to be sound provenance,though consideration should be given to the clarity and colour of the wine in the bottle, as well as the condition of the cork.Burgundy bottles with fill levels lower than 6cm may be at risk of being damaged or undrinkable.< 2cm considered an excellent fill for any age.< 3cm a perfectly normal fill for wines 10 years of age and older. It is an excellent fill level for wines 25 years of age or older< 4cm considered a normal fill for wines more than 20 years of age and excellent for wine more than 35 years of age.On the other hand, it should be the cause for concern in wines 15 years and younger.< 5cm not uncommon in older wines of 30 years and more. At this level, some oxidation is likely to have occurred and theremaining wine may be fragile at best and not enjoyable at worst.< 6cm a poor fill level for any wine and not recommended for purchase unless extremely rare.

JANUARY 13, 2013 - HONG KONGORDER OF SALECategoryPageBordeaux red 6-22Bordeaux sweet 23-25Burgundy red 26-29Champagne 29-30American wine 31-32Australian wine 33-42Ports 43-47Cognac 485

AN EVENING OF EXCEPTIONAL WINESPhotos courtesy of Mouton-RothschildWWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGSUNDAY 13 JANUARY 2013Commencing at 6.00 p.m.All Sales are subject to the Conditions of Business printed at the back of this catalogue.EstimatesThe estimated selling price of each lot is printed below the lot description and does not include the Buyer’s Premium.Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.They are subject to revision.BORDEAUXCLARET from a Private Collector1 EUChâteau Mouton Rothschild vintage 2000Pauillac, 1er Cru Classé97+/100 points Robert Parker, Bordeaux Book (4),December 200396+/100 points Robert Parker, The Wine Advocate#189, June 2010Lying in a private cellar in London, England1 bottle in original wooden caseTasting Note: “A behemoth, the gigantic 2000 MoutonRothschild (86% Cabernet Sauvignon and 14% Merlot)boasts a saturated purple colour as well as aromas of ink,cassis, hint of truffles. Unquestionably the greatest Moutonsince the 1986 and 1982, this majestic effort willundoubtedly close down, but enjoy an exceptionally longlife.” Anticipated maturity: 2012-2050.2 EUChâteau Mouton Rothschild vintage 1996Pauillac, 1er Cru Classé94/100 points Robert Parker, The Wine Advocate,April 1999Lying in a private cellar in Paris, France6 bottles in original wooden caseTasting Note: “The 1996 Château Mouton-Rothschild isshowing surprising forwardness and complexity in itsaromatics. It possesses an exuberant, flamboyant bouquetof roasted coffee, cassis, smoky oak, and soy sauce. Theimpressive 1996 Mouton-Rothschild offers impressivearomas of black currants, framboise, coffee, and newsaddle leather. This full-bodied, ripe, rich, concentrated,superbly balanced wine is paradoxical in the sense that thearomatics suggest a far more evolved wine than theflavours reveal.”HK$19,500-22,500Tasting Note: “Perhaps the most beautiful packaging everon a Bordeaux bottle, Baroness Philippine de Rothschildliterally produced a work of art in the gold-engraved bottleof 2000 Mouton Rothschild. Of course, one can’t drink theglass, but this is a top-flight Mouton Rothschild, eclipsedonly by the 2006 and 2009. A rich, tannic, earthy style,with loads of crème de cassis and floral notes, the finalblend of 86% Cabernet Sauvignon and 14% Merlot is afull-bodied wine with plenty of coffee, earth, chocolatynotes, and still plenty of tannin to resolve. I gave it ananticipated maturity range of 2015-2050 back in 2003,and that looks on target.”HK$6,500-11,50017

AN EVENING OF EXCEPTIONAL WINES33 EUChâteau Lafite Rothschild vintage 1996Pauillac, 1er Cru Classé100/100 points Robert Parker, The Wine Advocate #122, April 1999Lying in a private cellar in London, England6 bottles in original wooden caseTasting Note: “Tasted three times since bottling, the 1996Lafite-Rothschild is unquestionably this renowned estate’sgreatest wine. As I indicated last year, only 38% of the cropwas deemed grand enough to be put into the final blend,which is atypically high in Cabernet Sauvignon (83%Cabernet Sauvignon, 7% Cabernet Franc, 7% Merlot,and 3% Petit Verdot). This massive wine may be thebiggest, largest-scaled Lafite I have ever tasted. It willrequire many years to come around, so I suspect all of uspast the age of fifty might want to give seriousconsideration as to whether we should be laying awaymultiple cases of this wine.It is also the first Lafite-Rothschild to be put into a newengraved bottle (designed to prevent fraudulentimitations). The wine exhibits a thick-looking,ruby/purple colour, and a knock-out nose of lead pencil,minerals, flowers, and black currant scents. Extremelypowerful and full-bodied, with remarkable complexity forsuch a young wine, this huge Lafite is oozing with extractand richness, yet has managed to preserve itsquintessentially elegant personality. This wine is evenricher than it was prior to bottling. It shouldunquestionably last for 40-50 years. Anticipatedmaturity: 2012-2050. The wine of the vintage?”HK$47,000-55,0004 EUChâteau Cheval Blanc vintage 1996Saint-Emilion, 1er Grand Cru Classé (A)90/100 points Robert Parker, The Wine Advocate,April 1999Lying in a private cellar in Paris, France6 bottles in original wooden caseTasting Note: “The elegant, moderately weighted 1996Cheval Blanc reveals a deep garnet /plum, evolved colour.Quintessentially elegant, with a complex nose of blackfruits, coconut, smoke and pain grille, this medium-bodiedwine exhibits fruit on the attack, substantial complexity,and a lush, velvety-textured finish.It is very soft and evolved for a 1996. Anticipatedmaturity: 2000-2015.”HK$13,500-17,500WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGPhoto courtesy of Domaine Clarence DillonChâteau Haut-Brion vintage 19821982 An Outstanding YearIt is rare that a year is so conducive to vine growth: dry in April, fine and dry in May, a few storms in June, before a sunny andhot July - on the 8th of this month the temperatures reached 40C. August was cooler, but the weather was fine, and even moreso during harvesting. These were ideal conditions for a great wine.Domaine Clarence DillonClaret from a Private Cellar5Château Haut-Brion vintage 1982Pessac - Graves, 1er Cru ClasséLevel, one into neck or better, badly torn labels,undamaged capsule94/100 points Robert Parker, Wine Advocate #94,June 2000Lying in a temperature controlled wine cellar in Hong-Kong1 bottleTasting Note: “This was one of the best showings yet forthis wine, which, to my palate and mind, has never livedup to its eary potential. In this tasting, the 1982 revealeda healthy dark ruby colour with lightening at the edge.Intense, persistent aromas of saddle leather, roasted herbs,scorched earth, and sweet black currant fruit werefollowed by complex flavours of minerals, spice box, andcedar. Although this medium-bodied, fleshy, ripe,concentrated wine is not a blockbuster, as it unfolds, itreveals layers of flavour in addition to this vineyard’s telltalecomplexity. Anticipated maturity: 2002-2020.”HK$3,500-4,5006Château Haut-Brion vintage 1982Pessac - Graves, 1er Cru ClasséLevel, one into neck or better, badly torn labels,undamaged capsule94/100 points Robert Parker, Wine Advocate #94,June 2000Lying in a temperature controlled wine cellar in Hong-Kong1 bottleSee Tasting Note from lot 5HK$3,500-4,5007Château Mouton Rothschild vintage 1982Pauillac, 1er Cru ClasséLevel into neck, ripped label around the bottom over3cm from the marking of the wooden case, goodcapsuleLying in Hong-Kong in a temperature controlled winecellar1 bottleHK$5,000-6,0009

AN EVENING OF EXCEPTIONAL WINES8 EUChâteau Mouton Rothschild vintage 1982Pauillac, 1er Cru ClasséIn perfect condition100/100 points Robert Parker, Wine Advocate #183,June 2009Lying in a private cellar duty free in Paris, France1 Jeroboam (5 litres) in original wooden caseTasting Note: “This wine remains one of the legends ofBordeaux. It has thrown off the backward, youthful stylethat existed during its first 25 years of life, and over thelast 4-5 years has developed such secondary nuances ascedar and spice box. The crème de cassis, underlying floralnote, full-bodied power, extraordinary purity, multilayeredtexture, and finish of over a minute are a showcasefor what this Château accomplished in 1982. The wine isstill amazingly youthful, vibrant and pure. It appearscapable of remaining fruity and vibrant in 2082! ThankGod it is beginning to budge, as I would like to drink mostof my supply before I kick the bucket. This is a great, stillyouthful wine, and, on occasion, one does understand thehierarchy of Bordeaux châteaux when you see thecomplexity and brilliance of this first-growth. Anticipatedmaturity 2015-2050+.”HK$120,000-140,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGChâteauPavieSAINT EMILION PREMIER GRAND CRU CLASSEAppellation :Classification :Location :Area under vine :Grape varieties :Average age of the vines :Annual production :Saint Emilion Grand Cruer1 grand Cru Classésouth-east of the town of Saint Emilion37 hectares60% merlot, 30% cabernet franc,10% cabernet sauvignon43 years8000 casesGEOLOGICAL CHARACTERISTICS :Château Pavie has diverse terroirs:- Terroir typical of the Saint Emilion limestone plateau composed of claylimestonesoil on an asteriated limestone subsoil. Located at an altitude ofapproximately 85 metres above the Dordogne River- Terroir called “milieu de côte” (middle of the slope) located approximately55 metres above the Dordogne and composed of very fine brown limestone.VITICULTURE :Many plots have been re-planted. The vines are trained high to increase theleaf canopy. Pruned to six spurs for old vines and 2 for young ones, greenharvesting, leaf thinning, as well as picking and sorting by hand.FERMENTATION :The way Château Pavie is fermented depends on the vintage. It is kept on theskins for 3 weeks in twenty temperature-controlled wooden vats. Malolacticfermentation in barrel and the wine is aged in new oak for 18-24 months.11

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JANUARY 13, 2013 - HONG KONGDirectly from Château PavieWe are extremely pleased to offer directly from the cellar of Château Pavie some very exclusive large format.Château Pavie was bought in 1998 by Mr Gérard Perse, the man who turned Pavie at the top of the new Saint-Emilionclassification as a Premier Grand Cru Classé (A).Gérard Perse in a few datesOctober 2nd 1949 Born in Paris (20e district)1977 first step in the high-streetretail business. Within 15years, he built-up a truecompany. He owned severalCONTINENT hypermarkets,CHAMPION stores and severalmalls within Paris district.1993 stepping into the wine world.He is acquiring ChâteauMonbousquet and has alreadythe ambition to buy moreproperties.1997 acquisition of Château Pavie-Decesse.1998 first vintage of Château Pavie ofwhich he is becoming theowner.1998 settling down for goodsinSaint-Emilion.2000 vintage of Pavie rated 100/100points by Robert Parker.2001 purchase of Bellevue-Mondotte, one and half hectareenclave in the vineyard ofPavie-Decesse.2001 with the purchase ofl’Hostellerie de Plaisance, todaya luxurious Relaix & Chateauxand a Relais Gourmand (behindthe kitchen Chef PhilippeEtchebest, Meilleur Ouvrier deFrance, two stars at theMichelin Guide and 4 Toquesfrom Gault-Millau) in the heartof the medieval city of Saint-Emilion, Gérard Perse and hiswife Chantal bring a verynatural atmosphere to finewines.2006 Monbousquet elevated to Saint-Emilion Grand Cru Classé.2006-2007 important renovation and extension of Hostellerie de Plaisance under the leadership of Alberto Pinto.2009 vintage of Pavie rated one more time 100/100 points by Robert Parker.2012 the reward as Pavie is elevated to Saint-Emilion 1er Grand Cru Classé A.2013 inauguration of a brand new cellar facility designed by the famous architect and interior designer Alberto Pinto.13

AN EVENING OF EXCEPTIONAL WINES9 EUChâteau Pavie vintage 2009 ImperialSaint-Emilion, 1er Grand Cru Classé (B)100/100 points Robert Parker, The Wine AdvocateLying duty free ex-cellar Château Pavie1 Imperial (6 litres) in original wooden caseTasting Note: “Bottled the week before I arrived, the 2009Pavie appears to have barely budged since I tasted it twoyears ago. Many experts consider this phenomenal terroirto be nearly as great as that of Ausone. Made from a classicblend of 60-70% Merlot, 20-25% Cabernet Franc and therest Cabernet Sauvignon, this inky/blue/purple-colouredblockbuster reveals wonderful notes of blackberries, crushedrocks, roasted meats, spring flowers, cedar, blueberries,graphite and a hint of vanilla. With extravagant fruitand high extract as well as a hint of minerality, thisstructured, massively intense effort is typical of all theluxurious, perfect or nearly perfect Pavies produced underthe Perse regime (which began in 1998). While built for40-50 years of cellaring, the softness of the vintage and itsflamboyant style is slightly less apparent in the 2009 Paviethan in some of the other Perse wines. Anticipatedmaturity: 2020-2050+.”HK$22,000-27,00010 EUChâteau Pavie vintage 2009 ImperialSaint-Emilion, 1er Grand Cru Classé (B)Lying duty free ex-cellar Château Pavie1 Imperial (6 litres) in original wooden caseHK$22,000-27,00012 EUChâteau Pavie vintage 2006 ImperialSaint-Emilion, 1er Grand Cru Classé (B)96/100 points Robert Parker, The Wine AdvocateLying duty free ex-cellar Château Pavie1 Imperial (6 litres) in original wooden caseTasting Note: “Cropped low as the viticultural work isimpeccable, the winemaking is thoroughly Burgundian instyle, and bottling is accomplished with no fining orfiltration. With over 90 acres in vine, this is one of thelarger of the premier grand cru classes in St.-Emilion. Aprodigious effort, the 2006 does not have the sucrosite of the2005, 2003, or 2000, but it would not be embarrassed iftasted side by side with either of those two titans. A densepurple colour as well as an extraordinary perfume ofcrushed black currants, liquorice, wet stones, and subtlebackground oak are found in this tannic, dense,masculine-styled 2006. Backward and extraordinarilypure, it is built like a Manhattan skyscraper withexceptional focus, depth, texture, and length. It's all here,but 5-10 years of patience will be warranted. Anticipatedmaturity: 2015-2035.”HK$15,000-18,00011 EUChâteau Pavie vintage 2009 ImperialSaint-Emilion, 1er Grand Cru Classé (B)Lying duty free ex-cellar Château Pavie1 Imperial (6 litres) in original wooden caseHK$22,000-27,000WWW.SPINK.COM13 EUChâteau Pavie vintage 2006 ImperialSaint-Emilion, 1er Grand Cru Classé (B)Lying duty free ex-cellar Château Pavie1 Imperial (6 litres) in original wooden caseHK$15,000-18,000

JANUARY 13, 2013 - HONG KONGPhoto courtesy of Gérard UférasCLARET from a Private Cellar14 EUChâteau d’Yquem vintage 1929Sauternes, 1er Cru Classé SupérieurIn original wooden case of 12 bottles, wrapped in strawsleevesLevel for six bottles into neck and six bottles belowneck, original cork with short capsules. Two capsulesmildewed, three yellowed labels.Bottles were checked at the Château.99/100 points Robert Parker, Hedonist Dinner One,Château Robuchon, Tokyo, Japan, December 2004Lying in a private cellar duty free in Bordeaux, France12 bottles in original wooden case with straw sleevesTasting Note: “We ended with perfection, anextraordinary 1929 Château d’Yquem. While the colourwas a medium amber, the wine was incredibly rich,revealing notes of crème brûlée, orange marmalade,caramel, and honeysuckle. This magnificent bottleconcluded the greatest meal along with the greatest winesI have ever had in my life.”HK$480,000-570,00015

AN EVENING OF EXCEPTIONAL WINESCLARET from a Private Cellar15 EUChâteau Mouton Rothschild vintage 1945Pauillac, 2ème Cru ClasséIn original wooden case of 6 bottles, wrapped in strawsleeves.Levels all low neck, all RC labels (Reserve Château) inoriginal blue colour, four stained labels, one corrodedcapsule, two very slightly torn label.100/100 points Robert Parker, The Wine AdvocateFebruary 1996Lying in a private cellar duty free in Bordeaux, France6 bottles in original wooden case with straw sleeves.Tasting Note: “A consistent 100-point wine (only becausemy point scale stops at that number), the 1945 Mouton-Rothschild is truly one of the immortal wines of thecentury. This wine is easily identifiable because of itsremarkably exotic, over-ripe, sweet nose of black fruits,coffee, tobacco, mocha, and Asian spices. Anextraordinarily dense, opulent, and rich wine, with layersof creamy fruit, it behaves more like a 1947 Pomerol thana structured, powerful, and tannic 1945. The winefinishes with a 60+ second display of ripe fruit, extract,and sweet tannin. This remarkably youthful wine (onlylight amber at the edge) is mindboggling! Will it lastanother 50 years?”HK$780,000-960,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGPhoto courtesy of Domaine Clarence DillonCLARET from a Private Cellar16 EUChâteau Haut-Brion vintage 1945Graves, 1er Cru ClasséFour bottles high shoulder level and eight bottles intolow Level. Original capsules cut to reveal brandedoriginal cork with one very shortly cut. One corrodedcapsule, three slightly ripped labels, two slightly stainedand eight damped patch, all original château labels.100/100 points Robert Parker, The Wine Advocate #95, October 1994Lying in a private cellar duty free in Bordeaux, France12 bottles in original condition in wooden caseTasting Note: “The 1945 Haut-Brion is profound. Itdemonstrates the essence of Haut-Brion’s style. The colourremains a healthy, opaque garnet with only slight amberat the edge. A huge, penetrating bouquet of sweet blackfruits, smoked nuts, tobacco, and tar soars from the glass.The wine possesses extraordinary density and extraction offruit, massive, full-bodied, unctuously-textured flavoursthat reveal little tannin, and copious quantities ofglycerin and alcohol. It is a fabulously rich, monumentalexample of a fully mature Haut-Brion that exhibits nosigns of decline. Awesome.”HK$480,000-550,00017

AN EVENING OF EXCEPTIONAL WINESCLARET from a Private Cellar17 EUChâteau Cheval Blanc vintage 1947Saint-Emilion, 1er Grand Cru Classé (A)In new wooden case from the Château, 6 originalbottlesLevel all below neck. Original capsules cut to revealbranded original cork. Three very slightly corrodedcapsules, Slightly yellowed original château labels.100/100 points Robert Parker, The Wine AdvocateOctober 1994Lying in a private cellar duty free in Bordeaux, France6 bottles in original condition in new Château woodencaseTasting Note: “What can I say about this mammoth winethat is more like port than dry red table wine? The 1947Cheval Blanc exhibits such a thick texture it could doubleas motor oil. The huge nose of fruitcake, chocolate, leather,coffee and Asian spices is mind-boggling.”HK$630,000-750,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGCLARET from a Private CellarPhoto courtesy of Château Margaux18 EUChâteau Margaux vintage 1947Margaux, 1er Cru ClasséNine bottles into neck level and three bottles low necklevel. Original capsules cut to reveal branded originalcork. Three slightly damaged capsules, one slightlyripped label on top and six worn down labels and alloriginal.92/100 points, Robert Parker, Bordeaux Book 3rdEdition (1998).Lying in a private cellar duty free in Bordeaux, France12 bottles in original condition in original wooden caseTasting Note: “I was surprised at just how good the 1947is because I had never been that impressed with most of theMédocs from that vintage. Among the first-growths in1947, it is superior to Lafite and Latour, and just behindthe great Mouton. Quite perfumed, rich, and full bodied,the 1947 Margaux is capable of another decade ofevolution. Moreover, there is none of the volatile acidity orharshness that often creeps into many of the Médocs fromthat year.”HK$360,000-410,00019

AN EVENING OF EXCEPTIONAL WINESCLARET from a Private Cellar19 EUChâteau Lafite Rothschild vintage 1959Pauillac, 1er Cru ClasséAll bottles into low neck level. Original capsules cut toreveal branded original cork. Two very slightly damagedcapsules, one slightly ripped label on top, six worn downlabels, original château labels.99/100 points Robert Parker, The Wine Advocate #95, October 1994Lying in a private cellar duty free in Bordeaux, France12 bottles in original condition in original woodencaseTasting Note: “The 1959 is unquestionably the greatestLafite-Rothschild that has approached full maturity. Itremains to be seen whether vintages such as 1982, 1986,and 1990 will reach a similar height. The super-aromaticbouquet of flowers, black truffles, cedar, lead pencil, andred fruits is followed by one of the most powerful andconcentrated Lafites I have tasted. Medium to full-bodied,velvety-textured, rich, and pure, it is a testament to whatthis great estate can achieve when it hits the mark. Thisyouthful wine will last for another 30 or more years.”HK$480,000-550,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGCLARET from a Private Cellar20 EUChâteau Latour vintage 1959Pauillac, 1er Cru ClasseTen bottles into neck level, two bottles low neck level.Five damp-patched labels and two very slightly rippedlabel. Original capsules cut to reveal branded originalcork. One slightly damaged capsule.98/100 points Robert Parker, The Wine Advocate #95, October 1994Lying in a private cellar duty free in Bordeaux, France12 bottles in original condition in original wooden casewith straw sleeves.Tasting Note: “Dark garnet with an amber edge, the1959 Latour reveals a touch of volatile acidity in the nose,along with aromas of melted caramel, tobacco, andjammy red and black fruits. As the wine sat in the glass,notes of minerals, coffee, spice, and underbrush emerged.There is still copious tannin in the finish (I am not sure itwill ever be fully resolved), but this sumptuous, complex,fragrant, super-rich Latour cuts a broad swath across thepalate. Fully mature, it is best consumed over the nextdecade.”HK$360,000-410,000——————————21

AN EVENING OF EXCEPTIONAL WINESPhoto courtesy of Domaine Clarence DillonCLARET from a Private Cellar21 EUChâteau La Mission Haut-Brion vintage 1959MagnumPessac LéognanRecently relabelled by special arrangement by LaMission Haut-Brion in 2012. Level low neck.Magnum with original cork and capsules slightlycorroded.100/100 points Robert Parker, The Wine Advocate 95October 1994Lying in a private cellar in London, England1 MagnumTasting Note: “ ‘The Vintage of the Century’ foretold andbaptized before the harvest. After a few hesitations thewines have proved magnificent just about everywhere.Very hot during the harvest. Very concentrated wines.A wine very much like those of this vintage, very big,matured colour. The heat during the summer madeharmonious, sweet wines leaving plenty of multipleflavours on the palate. At the very end of the tasting, itstarts showing its age. This wine has reached its zenith.Drinkable now.”Domaine Clarence Dillon“It is interesting to note that many 1959s, much like the1982s, were maligned for lacking both acidity and agingpotential. How does one explain the fact that many 1959sare less evolved, as well as richer, fresher, and morecomplete than many 1961s For example, as great as the1961 La Mission is, the 1959 is a richer, deeper-coloured,more concentrated and powerful wine. It needs at least 3-5 more years of cellaring to reach its plateau of maturity.Spicy and super-concentrated, with a dense, plummypurple colour, this young, broodingly backward,formidably-endowed wine should be at its best before theend of the century and drink well for the first 20-25 yearsof the next millennium. Tasted 11 Times with consistentnotes.”HK$60,000-70,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGBORDEAUX SWEET“A wine that is just hitting its adolescence, this spectacular Yquem is the greatest vintage of the early 1980s and thebest Yquem since 1976 and before the trilogy of 1990, 1989, and 1988. The wine has a medium-gold colour and anextraordinary nose of honey-dripped coconuts, pineapple, caramel, crème-brulee, orange marmalade, and no doubt afew other items. Unctuously textured and full-bodied, with massive richness and great sweetness, this is a seamlessclassic that will probably be immortal. My point score continue to go up, but the wine is still young, although I wouldcall it just approaching the adolescence. Anticipated maturity 2005 - 2075. Last tasted, 3/02”98/100 points Robert Parker, Bordeaux Book (4), December 2003. Château d'Yquem 198323

AN EVENING OF EXCEPTIONAL WINESSAUTERNES from a Private Cellar22 EUChâteau d’Yquem vintage 2008Sauternes, 1er Cru Supérieur96/100 points Neal Martin, Wine Advocate #194,February 201196/100 points Neal Martin, Wine Advocate #199,February 2012Lying in a private cellar duty free in Paris, France12 bottles in original wooden caseTasting Note: “The 2008 Yquem, now in bottle, has anuanced bouquet, with scents of clear honey, lime flower,vanilla and orange blossom that is beautifully defined.The palate is very harmonious on the entry, with a finethread of acidity, tense and full of energy like the 2010tasted alongside, with notes of white peach, citrus lemonclear honey and a hint of quince. Long and persistent onthe finish, this is a very fine Yquem that might be overlookedbetween the 2007 and 2009, but a superb Sauternesin its own right. Drink 2014-2050.”“Tasted single blind against its peers. The Yquem 2008 iseasy to spot in blind line-up: it is (to quote Tina Turner)simply the best. It has a subtle, delicate but very prettybouquet with fine definition and astounding minerality.The palate is beautifully poised, tense and tightly coiled onthe entry and then it just explodes in the mouth with pure,unbridled, joyous botrytized fruit struck through with asilver thread of acidity. It displays exemplary tension andfreshness, along with great persistency in the mouth. This isan outstanding Sauternes 2008 and another impressiveYquem.”HK$26,500-32,50023Château d’Yquem vintage 1997Sauternes, 1er Cru Supérieur96/100 points Robert Parker95/100 points, James Suckling for Wine SpectatorLying in Hong-Kong12 bottles in cartonTasting Note: “A sensational Yquem, 1997 may be thisestate’s finest effort since 1990 (although I would notdiscount the 1996 turning out to be nearly as good). The1997’s light gold colour is accompanied a gorgeousperfume of caramel, honeysuckle, peach, apricot, andsmoky wood. Full-bodied and unctuously-textured, withgood underlying acidity as well as loads of sweetness andglycerin, it looks to be a great vintage for this renownedSauternes estate. Anticipated maturity: 2005-2055.”24“Extremely concentrated, yet subtle. Aromas of honey andspices, with an intense botrytis nose. Full-bodied, thick andfruity, with orange peel and lemon rind character.Medium sweetness. Balanced, yet thick and backward.Reminds me of the harmonious 1990—certainly the bestsince then. Best after 2008. 14,000 cases made.”HK$24,000-28,000 24WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGSAUTERNES from a Private Cellar25 EUChâteau d’Yquem vintage 1983 ImperialSauternes, 1er Cru SupérieurIn perfect conditionLying in a private cellar duty free in Paris, France1 Imperial (6 litres) in original wooden caseHK$40,000-45,0002526Château Rieussec vintage 1997Sauternes, 1er Cru Classé96/100 points Robert Parker91/100 points, Robert Parker, The Wine AdvocateLying in Hong-Kong12 bottles in cartonTasting Note: “This wine contains an extremely highpercentage of Semillon (usually about 90%), which was toits benefit in 1997. The wine is light medium goldcoloured,with a blockbuster nose of Grand Marnierliqueur intertwined with flower blossoms, smoky new oak,and coconut. Well-integrated wood has resulted in aseamless, full-bodied, unctuously-textured wine withconsiderable sweetness. This is a stunningly proportioned,beautifully pure wine. Anticipated maturity: 2002-2025.” - 91 points, Robert Parker’s The Wine AdvocateHK$4,500-5,5002524 EUChâteau d’Yquem vintage 1983 Double-MagnumSauternes, 1er Cru SupérieurIn perfect conditionLying in a private cellar duty free in Paris, France1 Double-Magnum (3 litres) in original wooden caseTasting Note: “The 1983 ranks among the most concentratedwines from this property over the last 20 years, with a staggeringdisplay of extract and a mind-boggling amount of glycerin. Thevintage commenced early for d’Yquem, beginning on September29th and finishing on November 18th. The 1983 is enormous,with huge, honeyed, pineapple, coconut, and caramel flavors,massive extract, and an unctuous quality barely framed byacidity and new oak. I do not feel the wine has changed sincebottling, and I would not want to start drinking it for at leastanother 10-15 years.” Robert Parker, Bordeaux Book (3)November 1998HK$20,000-23,50027Château Suduiraut vintage 1990Sauternes, 1er Cru Classé95/100 points, Wine SpectatorLying in Hong-Kong12 bottles in cartonTasting Note: “Botrytis bomb. Gold colour. Loads of spicy,almond and toffee character with pineapple fruit.Fullbodied,very sweet and very, very ripe. Blistering longfinish. A bit rustic, but amazing. Can age as long as youlike.—1990 Bordeaux retrospective. 90% Semillon and10% Sauvignon Blanc.”HK$6,000-7,00025

AN EVENING OF EXCEPTIONAL WINESBURGUNDYJust under half the vineyard (3.51 hectares out of 8.03) of Richebourg belongs to Domaine de la Romanée-Conti, spread overseveral plots. This is always a robust wine, deeper in colour than the Romanée-Saint-Vivant but not necessarily as elegant. Thevines currently average 45 years old. About a third of the holding remained in ungrafted vines 1946, with two cuvees beingproduced - a regular Richebourg and a version labelled Richebourg Vieux Cépages. When these vines were grubbed up andreplanted after the Second World War cuttings were taken from la Romanee-Conti which was also being replanted.Personality DRC website: “This immediate neighbour of laRomanée-Conti escorts Her Majesty with good-naturedribaldry. It is a king’s musketeer who likes company, likes tolaugh and to sing, to feel that the somewhat brutal strength ofhis athlete’s body is admired.”Richebourg Average Production: 6,500 - 14,000 bottlesBURGUNDY from a Private Cellar28 EUDomaine de la Romanée-Conti, Richebourg 1983Grand Cru, Côtes de Nuits1 bottle N° 001921, perfect level, stained labelLying in a private cellar duty free in Paris, France1 bottleHK$12,000-14,000BURGUNDY from a Private CellarPersonality DRC website: “Romanée-Saint-Vivant isflirtatious: one cannot help loving it. Behind this graceresides a strength in such perfect balance that, at first, itwas imperceptible.”Romanée-St-Vivant Average Production: 9,500 -17,000 bottles2829WWW.SPINK.COM29 EUDomaine de la Romanée-Conti, Romanée-St.-Vivant vintage 1983Grand Cru, Côtes de NuitsOne bottle N° 003254 with perfect level, stained labelLying in a private cellar duty free in Paris, France1 bottleHK$8,500-9,500

JANUARY 13, 2013 - HONG KONGThe Domaine purchased most of the 6.06 hectares La Tâche in 1933, completing the vineyards by exchanging small plotsin Les Gaudichots. It stretches from the top of the bottom of the mid slope band which contains the grands crus, thuscovering a complexity of terroirs. It is a more flamboyant wine than Romanée-Conti but needs a minimum of 10 years forall its aspects, including the tannins, to integrate.Personality from DRC website: “La Tâche is eleganceand rigor, Beneath the frequent hardness of its tannins,passion is aflame, restrained by an implacable, courtlyelegance.” La Tâche Average Production: 16,000 -25,000 bottlesBURGUNDY from a Private Cellar30 EUDomaine de la Romanée-Conti, La Tâche vintage2006Grand Cru, Côtes de Nuits1 bottle N°09043 in perfect conditionLying in a private cellar duty free in Paris, France1 bottleHK$16,000-17,50031 EUDomaine de la Romanée-Conti, La Tâche vintage1992Grand Cru, Côtes de Nuits1 bottle N° 18696, top level, very slightly stainedLying in a private cellar duty free in Paris, France1 bottleHK$12,500-14,50032Domaine de la Romanée-Conti, La Tâche vintage1983Grand Cru, Côtes de Nuits1 bottle N°004118, perfect level, very stained labelLying in a private cellar duty free in Paris, France1 bottleHK$14,000-16,00030 3127

AN EVENING OF EXCEPTIONAL WINES“This fabled estate has had a brilliant track record since 1978. Lalou Bize-Leroy and Aubert de Villaine seem to have everythingtightly within their grasps, so it is unlikely that some of the lapses in quality control that occurred previously will resurface. I amsure they still cannot understand why their estate is so frequently singled out for malicious attacks, but no one should have anytrouble appreciating the domaine’s 1985s, which are their best wines in decades, even surpassing their sensational 1978s. Theproblem is coming up with the cash to finance them. The wines, aged in 100% new oak, are never filtered.”La Romanée-Conti Average Production: 4,000 - 7,000bottlesLa Tâche Average Production: 16,000 - 25,000 bottlesRichebourg Average Production: 6,500 - 14,000 bottlesRomanée Saint-Vivant Average Production: 9,500 - 17,000bottlesEchézeaux Average Production: 7,000 - 17,000 bottlesGrands Echézeaux Average Production: 5,600 bottles -12,000 bottlesMontrachet Average Production: 2,300 - 3,600 bottlesBURGUNDY from a Private Cellar33 EUDomaine de la Romanée-Conti Assortment vintage 1985Côtes de Nuits, Grand CruOne original mixed case vintage 198512 bottles including:Romanée-Conti 1985 (1 bottle n° 004033)La Tâche 1985 (3 bottles n° 015092, 015093 and 015097)Richebourg 1985 (1 bottle n° 008035)Romanée-St.-Vivant 1985 (2 bottles n° 009814 and009817)Grands Echézeaux 1985 (2 bottles n° 008933 and0088934)Echézeaux 1985 (3 bottles n° 013874, 013878 and013879)All the bottles in perfect condition, perfect level, with levelon one of bottle of La Tâche and on one bottle ofEchezeaux at -2cm.100/100 points Robert Parker, Burgundy Book #B2January 199090/100 point Burghound January 2012Lying in a private cellar duty free in Paris, France12 bottles in original wooden case33Tasting Note: Romanée-Conti 1985 vintage“The Romanée-Conti is utterly mind blowing. The heady,intoxicating bouquet delivered penetrating and sublimearomas that were even more intense than those from the LaTâche. On the palate, there is a veritable smorgasbord ofearthly and heavenly delights. Needless to say, it is very rich,very opulent, and very concentrated. Red burgundy and redwine do not get any better than this. My guess is that it willpeak between 1990 and 2005, as it is a bit more forward thaneither the La Tâche or Richebourg?”33WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGTasting Note: La Tâche 1985 vintage“While I have heard and read that brilliant bottles of the ‘85La Tâche exist, I have never experienced one and I have hadthis wine more than 25 times. So while I concede the possibilitythat such profound bottles do exist, I am frankly dubious. Ahighly complex nose offers lovely spice on the completely maturearomas with equally complex and fully resolved medium-bodiedflavors that deliver a long, fine and pure finish. There is nobenefit to holding the ‘85 further and even from magnumformat (see herein), I would be inclined to begin looking foroccasions to enjoy it; to be clear, it’s not in decline but it is asgood as it’s ever going to be. Consistent notes. Drink: now.”HK$480,000-550,000Domaine de la Romanée-Conti owns 3.53 ha of the9.14 hectares of Grands Echézeaux whose soil isinfluenced by the downwash from Le Musigny above -the wines have a little more flesh and are moreconsistent year in year out than Echézeaux. The holdinglies at the northern end of the cru, adjacent to Clos deVougeot.Personality from DRC website: “It is “Grands” beforebeing Echézeaux. It is a contry gentleman, aristocrat anddreamer, who idles willingly with the unhurried step of hishorse in a forest filled with the scents of sundry mushrooms,of mosses, of dead decaying leaves, of furtive small game,which spill forth in a multitude of shifting alliances. All ofthat is expressed delicately, in a refined, musical tongue,concise and pure like the message of a Mozart quartet.”Grands Echézeaux Average Production: 5,600 - 12,000bottlesBURGUNDY from a Private Cellar34 EUDomaine de la Romanée-Conti, Grands Echézeauxvintage 1989Grand Cru, Côtes de NuitsLying in a private cellar duty free in Paris, France1 bottleHK$6,500-7,500CHAMPAGNEChampagne from a Private CellarWe are glad to offer one of the single largest stocksholdings, probably the largest holding of this vintage inthe world of Dom Pérignon 1996 from a privatecollector, shipped directly from Europe to Singaporeupon release, kept in optimal condition in atemperature-controlled duty free cellar.36Moët & Chandon Dom Pérignon vintage 199698/100 points, Robert Parker, eRobertParker.com(February 2004)98/100 points, Robert Parker, Wine Advocate (162),December 2005Lying in bond, duty free cellar in Singapore12 bottles in original cartonTasting Note: “I have had a lot of great vintages of DomPérignon, but I do not remember any as impressive as the1996. Even richer than the brilliant 1990, the 1996 is stilltightly wound, but reveals tremendous aromatic intensity,offering hints of bread dough, Wheat Thins, tropicalfruits, and toasted hazelnuts. Medium to full-bodied, withcrisp acidity buttressing the wines wealth of fruit andintensity, it comes across as extraordinarily zesty, welldelineated,and incredibly long on the palate. Moët-Chandon deserves considerable accolades for thisprodigious example of Dom Pérignon. Anticipatedmaturity: now-2020+”Tasting Note: “The brilliant 1996 Dom Pérignon, whichhas largely disappeared from the marketplace, may be thefinest young example of DP I have ever tasted. Notes ofcrushed rocks, honeysuckle, lemon oil, orange marmalade,and white pear provide a stunning aromatic display aswell as palate impression. Great acidity and huge flavorintensity backed up by the vibrant acidity make this anexquisite champagne. It should drink well for 20-25 years,possibly longer.”HK$25,800-28,80035 EUDomaine de la Romanée-Conti, Grands Echézeauxvintage 1989Grand Cru, Côtes de NuitsLying in a private cellar in Paris, France2 bottlesHK$13,000-15,00029

AN EVENING OF EXCEPTIONAL WINESPROBABLY THE LARGEST HOLDING OF THIS VINTAGE IN THE WORLD.37Moët & Chandon Dom Pérignon vintage 199698/100 points, Robert Parker, eRobertParker.com(February 2004)98/100 points, Robert Parker, Wine Advocate (162),December 2005Lying in bond, duty free cellar in Singapore600 bottles in original cartonSee Tasting Note from lot 36HK$1,290,000-1,420,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGAMERICAN WINENAPA VALLEY USA wine from a Private CellarThe brainchild of wine giants Robert Mondavi and Baron Philippe de Rothschild, Opus One was the first ultra-premiumwine made in Napa Valley. Since 1980 it has achieved cult status and is one of the most widely exported and highly prizedwines in Napa Valley.38Opus One vintage 1985Robert Mondavi / Rothschild Napa Valley88-90/100 points Robert Parker, The Wine AdvocateApril 1995One of the Wine Spectator’s Top 100 Wines of 1989, itwas rated 95 points on releaseLying in Hong-Kong6 bottles in original wooden caseTasting Note: “The 1985 Opus One has consistentlyperformed between 88-90 points. It exhibits a healthy darkruby colour with no signs of age. The nose has not budgedmuch from when it was first bottled. The delicate yetattractive fragrance of vanilla, herbs, cassis, and spices isfollowed by a sculptured, fruity, medium to full-bodiedwine with crisp acidity, moderate tannin, and good depth.While very good, possibly excellent, it lacks the extradimension of flavor and personality necessary to merit anoutstanding rating...”HK$8,000-11,00039Opus One vintage 1986Robert Mondavi / Rothschild Napa Valley91/100 points Robert Parker, The Wine Advocate July2009Lying in Hong-Kong6 bottles in original wooden caseTasting Note: “Deep brick colour. Appealingly evolvednose of leather, game, tobacco, espresso, stewed prunes,bacon and tea. The palate still provides a good amount ofelegant fruit that builds in the mouth. Light to mediumlevel of silky tannins remain with medium to high acidityto provide freshness. Long finish. Fully mature.”HK$10,500-13,50031

AN EVENING OF EXCEPTIONAL WINES40Opus One vintage 1988Robert Mondavi / Rothschild Napa Valley91/100 points Robert Parker, The Wine Advocate July2009Lying in Hong-Kong6 bottles in original wooden caseTasting Note: “Medium to deep garnet-brick colour.Savoury / earthy notes of soy, hung meat, sweaty leather,tobacco, truffle, a suggestion of cardamom and a slightmedicinal / menthol character. The palate gives a highlevel of acidity with a medium level of silky tannins and agood concentration of spicy, savoury fruit. Long finish.”HK$9,000-11,00041Opus One vintage 1990Robert Mondavi / Rothschild Napa Valley96/100 points Wine Spectator, February 2000Lying inHong-Kong90/100 points Robert Parker, The Wine AdvocateFebruary 1997Lying in Hong-Kong6 bottles in original wooden caseTasting Note: “Dramatic, with its ripe, rich, plush core ofexotic currant, anise, cedar, vanilla and berry notes thatare enormously complex on the finish. Delicious.”Tasting Note: “In a blind tasting, this wine did not foolmany tasters when served blind. It was quickly identifiedas a California wine despite the fact that it is made in aBordeaux-like style. The wine performed well, exhibiting adeep ruby/purple colour, a lead pencil, grapy, spicy oakscentednose, medium body, a tight, more compact texturethan the Bordeaux, as well as more elevated and obviousnew oak. Rich and ripe, as well as graceful, it stood out ashaving higher acidity than the Bordeaux. Although softenough to be drunk, the 1990 Opus One is capable oflasting 15 or more years.”HK$12,500-15,50042Opus One vintage 1994Robert Mondavi / Rothschild Napa Valley92/100 Robert Parker, The Wine Advocate December1997Lying in Hong-Kong6 bottles in original wooden caseTasting Note: “This is an impressive effort from OpusOne. The wine, a blend of 95% Cabernet Sauvignon, 2%Cabernet Franc, 2% Merlot, and 1% Malbec, possesses adark ruby/purple colour, followed by a generous, complexnose of lead pencil, toasty oak, violets, and black currants.In the mouth, there is a beautiful texture, soft, generous,low acid, full-bodied richness, and a stunninglyproportioned, rich, intense finish. The influence of 18months in new French oak casks gives the wine a subtleoaky note in addition to giving it excellent delineation.Because of the wine’s softness and generosity, it can bedrunk now as well as over the next 18-20 years.”HK$11,000-14,00043Opus One vintage 1997Robert Mondavi / Rothschild Napa Valley94/100 points Wine Spectator November 2000Lying in Hong-Kong6 bottles in original wooden caseTasting Note: “A rich, decidedly earthy style of Opus,showing currant, anise, black cherry, mineral, leather andsage flavors that are focused and complex.”HK$12,000-14,00044Opus One vintage 1998Robert Mondavi / Rothschild Napa Valley86/100 points Robert Parker, The Wine AdvocateAugust 2002Lying in Hong-Kong6 bottles in original wooden caseTasting Note: “A surprisingly feeble garnet/ruby colouralready displaying pink and amber hues is followed by aMedoc-like bouquet of cedar, plums, cherries, and spice boxwith hints of sweet oak as well as roasted peanuts.”HK$12,000-14,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGAUSTRALIAN WINEA bit about Tahbilk Winery.....Established in 1860 Tahbilk is one of Australia’s most beautiful & historic family owned wineries. Located in the NagambieLakes region of central Victoria (120 kms north of Melbourne), one of the nation’s premium viticultural areas, the propertycomprises some 1,214 hectares of rich river flats with a frontage of 11 kms to the Goulburn River and 8 kms of permanentbackwaters & creeks. Purchased by the Purbrick family is 1925, Tahbilk is now home to 5 generations of PurbricksThe vineyard has some 200 hectares under vine which includes the rare French Rhone Valley whites of Marsanne, Viognierand Roussanne; and the Rhone reds - Shiraz, Grenache & Mourvedre. Also planted are the traditional varieties CabernetSauvignon, Merlot, Cabernet Franc, Chardonnay, Riesling, Semillon, Sauvignon Blanc & Verdelho and new age rising starsTempranillo and Savignin.Tahbilk “1860 Vines” Shiraz vintage 1996Victoria, Nagambie LakesTahbilk’s “1860 Vines” Shiraz is produced from ½ hectare un-grafted, pre-phylloxera original Estate planting - amongst theoldest Shiraz vines in the world.After careful hand-picking, fermentation takes place in century old oak vats followed by maturation in French oak for 18months prior to bottling and then a further 4 years “bottle-aging” before release.Appropriately an original Tahbilk label dating back to the 1870’s has been tailored for this rare and unique wine.Since its inaugural release in 1979 this piece of liquid history has become one of the most sought after and collectable winesthroughout the world.Tahbilk “1860 Vines” Shiraz are listed as “Outstanding” in Australia wine auctioneers - Langton’s Classification of AustralianWine V - the noted reference to Australia’s secondary (auction) wine market - being a “high performing wine in exquisitequality”.Also, in 2002 US Wine & Spirits Magazine nominated the Tahbilk “1860 Vines” plantings as one of the 25 Great Vineyardsin the World along with the likes of Hermitage La Chapelle, Chateau Lafite-Rothschild, Chateau Yquem, Vega Sicilia andKrug. The vineyards selected were those where the terroir - the French term that roughly translates to the total environmentof a place, including soil, climate, aspect, vine and even history - “is most clearly perceptible in the wine”. Based on theirown tastings, along with recommendations from world-wide industry experts, Wine & Spirits noted that “for all their flavourand richness…there is nothing blunt about them (1860 Vines Shiraz)… they share a transparency that lets the soil showthrough”. The same publication also listed “1860 Vines” Shiraz as one of the “Best Wines of the Year” in its 2005 annualinternational “Buying Guide”.Source: Tahbilk website33

AN EVENING OF EXCEPTIONAL WINESFine Australian wine from a Private Collector45Tahbilk “1860 Vines” Shiraz vintage 1996All the bottles in perfect conditionLying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40046Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40047Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40048Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40049Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40050Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40051Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40052Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40053Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40054Tahbilk “1860 Vines” Shiraz vintage 1996Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,400WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONG55Tahbilk “1860 Vines” Shiraz vintage 1997Victoria, Nagambie LakesAll the bottles in perfect conditionLying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40056Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40057Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40058Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40059Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40060Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40061Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40062Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40063Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40064Tahbilk “1860 Vines” Shiraz vintage 1997Lying in bond, duty free temperature-controlled cellarin Singapore6 bottles in original wooden caseHK$10,400-12,40035

AN EVENING OF EXCEPTIONAL WINESFine Australian wine from a Private CellarPenfolds Grange Shiraz vertical collection in Magnum1979 - 1999* The 1990 Penfolds Grange was named ‘Wine of the Year’ in1995 by the world’s most authoritative wine magazine, WineSpectator, scoring 97/100 and becoming the only wineoutside California and France to take the award.* “Penfold’s Grange is the greatest red wine of Australia. Thiswine is a leading candidate for the richest, most concentrateddry red table wine on planet Earth. Penfolds’ Grange takesopulence and decadence to the limits, and for that reason hasreplaced Bordeaux’s Petrus as the world most exotic andconcentrated wine. It is interesting to note that a massive,extracted and overwhelming as this wine can be in this youth,with 10-15 years of age it takes on a more civilized character,resembling a great Pomerol or older hermitage.”Robert Parker* “Penfolds Grange has maintained its place as Australia’s mostprestigious red wine over four decades. An Australian icon,Grange represents a tradition in winemaking that is totallyuncompromising. Grange has bypassed the fads and trends ofmodern winemaking in the sense that it has maintained anintegrity of style and remained true to its origins in the mind ofMax Schubert. An unusually wet (but hot) growing season, the1979 was sourced from the Kalimna and other Barossavineyards, the Clare Valley, Magill Estate and the McLarenVale”Penfolds’ websiteWWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGTasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1980The 1980 Grange is predominantly Shiraz with a smallamount of Cabernet Sauvignon (4%) from the Kalimna andother Barossa vineyards, the Clare Valley, Magill Estate,McLaren Vale and Coonawarra. A generally good growingseason with fine and warm conditions, was followed by a coolvintage.Considered an outstanding vintage, Tim White said of it at atasting in September 1999,Deep crimson brick red. Intense plum, blackberry/ menthol,mocha /liquorice aromas, confection-like small berries, cherriesand plums has a hint of treacle. Smooth and creamy, withflavours of mulberries, cassis and plums, it’s obviously a coolerseason Grange wrapped around by sweet oak. It opens up aftertime in the glass, the tannins are pronounced but offset by stylish,rich, concentrated dark berry chocolaty fruit. First vintageadopting consistent use of signature red Penfolds capsules.Winemaker Comments by Don Ditter: “Medium red/purple.Intense, fragrant chocolate cherry/prune dried fig aromas.Dense and chewy with generously ripe, prune/ chocolate fruitflavours, pronounced grainy tannins and superb length.”Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1981Winemaker John Duval called the 1981 a big, tannic Grange.A warm to hot, drought-affected summer yielded a powerfullyconcentrated wine with chocolate raisin fruit, earthy nuances,and pleasant oak.Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1979“A blend of 87% Shiraz and 13% Cabernet Sauvignon, fromsuperior vineyards, matured for eighteen months in newAmerican oak hogsheads.Alcohol 13.00% Acidity 5%60g/L pH 3.72Memorable for being the last of all vintages to be bottled in theoriginal off-white foil capsules, and the first vintage to be bottledin magnums, nowadays there are usually six hundred magnumbottled each year.Deep brick red. A complex, aromatic wine with dark chocolatearomas and lifted rum and raisin fruit characters. Developingaromas of raspberries as the wine breathes, plums and vanillaoak, deep briar, blackberry and toast, earth and amber fruit, thebouquets are varied and complex. The palate is bitey and solidwith plenty of fruit sweetness, compounds of earthy chocolatecomplexity and ample (but drying) tannins.”Winemaker Comments by Don Ditter: “Medium red/purple.Complex, developing aromas with plenty of soft, slightly lifted,tobacco/berry/gamey fruit. Highly concentrated with rich,cedar/ blackberry fruit, massive, firm, dry tannins and longflavourful finish. Tannins at the fore for the moment.”The 1981 Grange is a blend of 89 percent Shiraz and 11percent Cabernet Sauvignon from the Kalimna and otherBarossa vineyards, Magill Estate and the Modbury Vineyard inthe Adelaide Plains.Maturation in new American oak hogsheads for eighteenmonths, a muscular Grange, the question being, will it eversoften out? Alcohol 12.70% Acidity 6.20g/L pH 3.58Deep crimson brick red. Liquorice, dried fig, baked red fruitaromas. Coffee chocolate oak precede a plump, juicy andstraightforward palate. The tannins are soupy and dense andbuild up very chalky and dry at the finish.Winemaker Comments by Don Ditter: “Dense purple/red incolour. Smoky meaty/spicy aromas and some toasty oakcharacters, also showing vanilla and coffee overtones. Acombination of rich, fleshy, chocolaty and smoky flavours arebalanced with pronounced tannins and length, resulting in awine of immense concentration and powerful structure”.Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1982A very good vintage with a mild growing season, culminatingin a burst of warm weather.Predominantly Shiraz with a small amount (6%) of CabernetSauvignon from the Kalimna and other Barossa vineyards,Clare Valley, Magill Estate and Modbury near Adelaide, this isa wine with an open-knit, seductive style. Matured in newAmerican oak hogsheads for eighteen months. Alcohol13.50%Acidity 6.90g/L pH 3.3937

AN EVENING OF EXCEPTIONAL WINESComments by Don Ditter: “Very deep, rich brick red. Very ripe,sweet plum jam aromas. Vanilla and mint characters with ahint of leafiness. Masses of delicious super-fleshy fruit throughout,very elegant and supple but undeniably a full-bodied wine withan assertive tannin finish.”Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1983This vintage was seriously affected by drought, and thedevastating Ash Wednesday bushfires. Summer rainfall washalf the average, following by record rains and flooding inMarch.The 1983 Grange is predominantly Shiraz with a smallamount (6%) of Cabernet Sauvignon, from the Kalimna andother Barossa vineyards, Magill Estate, and Modbury in theAdelaide Plains. Maturation in new American oak hogsheadsfor twenty months. Alcohol 13.30%Winemaker Comments by Don Ditter: “Very deep black cherryred. Dense, powerful dark chocolate spice/plum/ briar and mintaromas with some oak-derived coconut. A highly concentratedwine showing pronounced extract and tannins balanced withsweet plummy fruit and showing some cigar box characters.”Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1984Max Schubert’s experimental work in the 1950s determinedthat South Australian Cabernet was unreliable, he recognisedthat Grange should be based around a spectrum of fruit. Oneof the great strengths of Grange is, whilst mostly a Shiraz, itdoes not rely on the performance of a single vineyard. Fromfruit grown at the Kalimna and other Barossa vineyards,Magill Estate in Adelaide, and other superior vineyards in theCoonawarra, McLaren Vale and Clare Valley, the 1984 isbalanced with a small amount of Cabernet Sauvignon 5%.No other red wine in Australia can rival the reputation,consistent quality or proven development pattern of PenfoldsGrange. The winemaking process involves great attention todetail; from selecting the best possible grapes sourced fromlow-yielding, old Shiraz vines through to fermentation andfastidious oak maturation. Generally good weather for thevintage, a cool summer followed by a dry harvest. Ameticulous regimen for vineyard selection, coupled withexacting winecraft, gives each Grange a different character. Aseductively smooth wine this year, early developing and withslippery tannins. Maturation in new American oak hogsheadsfor twenty months. Alcohol 14.2%Comments by Don Ditter: “Intense deep rich red.Blackcurrant and plum aromas combined with developedchocolate and caramel-like characters which are enhanced bysmoky oak characters. A big, rich, and balanced wine. The palateis elegant, with cedary, chocolaty, tobacco-like flavours andsupple tannins.”Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1985Shiraz with a small amount (1%) Cabernet, from the Kalimnaand other superior vineyards in the Barossa, Clare Valley andModbury (Adelaide Plains). A cool to mild growing seasonfollowed by similarly good conditions at vintage, with late raindelaying picking. An elegantly structured vintage withblackberry black olive plum flavours, and firm savoury tannins.The unique and distinctive Grange style is based on ripeShiraz fruit and stylish American oak in fine harmony. DonDitter, an early graduate of Roseworthy Agricultural Collegewho joined Penfolds as a laboratory assistant in 1946, wasappointed by Max Schubert as his successor in 1973. The1976, and the very great 1986 Grange, Don Ditter’s lastvintage before retirement, epitomize this remarkable period.Maturation in new American oak hogsheads for twentymonths. Alcohol 13.1%Winemaker Comments by Don Ditter: “Sweetly scented withcoconut, cherry and ripe plum/ berry fruit aromas with a hint ofmint. Sweet, spicy plum and cherry-like flavours combine withpronounced, gripping tannins.”WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGTasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1986This was the final vintage release crafted by Max Schubert’ssuccessor Don Ditter, an early graduate of RoseworthyAgricultural College who joined Penfolds as a laboratoryassistant in 1946. This was a time of considerable technicaladvances in winemaking. The 1976, and the very great 1986Grange, Don Ditter’s last vintage, epitomize this remarkableperiod. A mild and relatively dry growing season lead to animportant and very successful vintage. 87% Shiraz, 13%Cabernet Sauvignon sourced from the Kalimna and otherBarossa vineyards, Clare Valley, the McLaren Vale andModbury in the Adelaide Hills. Matured in new American oakhogsheads for twenty months. Alcohol 13.90% Acidity7.10g/L pH 3.41Winemaker Comments John Duval: “Intensely concentratedand focused coffee and vanilla aromas from oak maturation,perfectly ripened berry fruit. Slightly smoky from barrelfermentation. Richly textured with smoky, dark berry, chocolateand liquorice flavours. A harmonious whole, combines power,structure and concentration.”Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1987No other Australian wine can rival the quality anddevelopment pattern of Grange. Always exciting and opulent,the pinnacle of Australian reds, 1987 Grange is an elegantedition, beginning juicy and plummy, culminating in a veryfirm, dry finish. The growing season and vintage were markedby cool weather, crops in most South Australian regions werereduced by hailstorms in OctoberThe winemaking process involves great attention to detail, thebest possible grapes from low-yielding, old Shiraz vinesthrough to fermentation and fastidious oak maturation. Fromthe Kalimna Vineyard in the Barossa Valley, and othervineyards in the McLaren Vale, a light, elegant style of Grangemade with a blend of 90% Shiraz and 10% CabernetSauvignon, matured in new American oak hogsheads foreighteen months. Alcohol 13.8%Medium crimson. Appealing red berry/ mint-chocolatearomas and subtle oak nuances. Hints of smoke, herbs andsoy, plummy and sweet, elements of cocoa. A wellconcentrated wine with redcurrant/ blackberry/ chocolate/mint flavours and fine, leafy, chewy tannins. Strong rich, berryfruit and minty characters with smoky oak overtones.Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1988Though retired, Grange creator Max Schubert was proclaimedMan of the Year by UK Decanter Magazine in 1988. Thehallmark of Grange 1988 is it’s powerful fruit intensity,dominant length and profound complexity, persistent fruitand oak, reflecting the exceptional quality of the 1988vintage.A classic Grange, from an outstanding year, the 1988 isexpected to develop superbly for twenty years past release.94% Shiraz, 6% Cabernet Sauvignon from the Kalimna andother vineyards in the Barossa, as well as Padthaway and theMcLaren Vale. An ideal growing season was followed by awarm dry vintage. As they say at Penfolds, it’s the fastidiousbarrel fermentation that gets the oak into the wine, and thewine into the oak. Lavish maturation for the 1988 vintageunder prime, selected new American oak hogsheads foreighteen months. Alcohol 13.50% Acidity 7.6g/L pH 3.36A vintage of powerful fruit intensity, superb length and fullonGrange complexity.Comments by John Duval: “Deep plum-red in colour withyouthful purple hues. A complex bouquet featuring opulent, ripeShiraz berry fruit characters, ranging from soft, earthy nuancesthrough to spice, cherry and plum fragrances, combined withtraditional new barrel fermentation characters and vanillinAmerican oak complexity. This is a full bodied, richly flavouredand complex wine, exemplifying the uniqueness of GrangeHermitage. Concentrated, ripe plum and spicy berry fruitShiraz flavours are complemented by soft fruit and oak tannins,firm astringency and balanced acidity, integrated withdistinctive oak - a feature of the style.”Tasting Note: Penfolds Grange Hermitage 1.5LMAGNUM 1989A very hedonistic, almost decadent style of Grange,gorgeously opulent, almost Pomerol-like Grange with anover-ripe characteristic to the fruit. Cherry liqueur intermixedwith cranberry and cassis presented in a seductive, full-bodied,very soft, forward style is truly not the classic Grange in thesense of having huge structure and massive concentration, butthis wine is loaded, very corpulent, and fleshy. The wine isgoing to last for up to two decades, but it will beuncommonly succulent and delicious to drink young.The 1989 is already beginning to show some attractivematuration characters and is developing a little sooner bycomparison to it’s more robust 1988 and 1990 counterparts.91% Shiraz and 9% Cabernet Sauvignon from the Kalimna andother Barossa vineyards, and the McLaren Vale. It has thetypical solid structure and strength of character to agegracefully over the next decade or so, with correct cellaring, toproduce another classic Grange. Extreme heat and heavyMarch rains followed an ideal, warm growing season. Maturedin new American oak hogsheads for eighteen months. Alcohol13.5%Winemaker Comments by John Duval: “Deep plum-red incolour with youthful crimson hues. Features an array of rich, ripeShiraz characters with masses of ripe blackberry, raspberry, plumand spicy fruit aromas and softer mushroom and earthy hints,complemented by lifted, but integrated, vanillin American oak.A full-bodied, richly flavoured and supremely complex wine withluscious fruit and supple balanced tannins. The palate is fruitsweet, with concentrated blackberry and dark plum flavouredShiraz fruit and a touch of spice, interwoven with rich vanillinoak flavours.”39

AN EVENING OF EXCEPTIONAL WINESTasting Note: Penfolds Grange 1.5L MAGNUM 1990The 1990 and 1991 Granges are regarded by many asextraordinary wines with incredible power and finesse. JamesHalliday calls this vintage flawlessly supple.In 1990 Grange dropped the Hermitage tag, to align with thename by which it had been known internationally for manyyears. 95% Shiraz, 5% Cabernet Sauvignon from Kalimna andother Barossa Valley vineyards, Clare Valley and Coonawarra.A very great vintage with a perfect warm, dry growing seasonand harvest, yielded a Grange with solid structure anddominant fruit characters.Regardless of vintage, Grange delivers a unique experience ofShiraz, but history will record 1990 as one of the greatAustralian vintages of a generation. The 1990 PenfoldsGrange was one of the best to date, with the potential to rivalthe classic vintages of 1955, 1962 and 1971. A superblybalanced wine, and a very great Grange vintage withtremendous finesse and understated power.Voted Red Wine of the Year UK Wine Spectator magazine inDecember 1995.A memorable growing season gave us an immenselyconcentrated Grange, beautifully perfumed wine with deep,dark, chocolate/spicy/ mocha/malty aromas Matured in newAmerican oak hogsheads for eighteen months. Alcohol13.50% Acidity 7.1g/L pH 3.41John Duval Tasting Notes: “Deep crimson, medium-fullred/purple colour. Immensely concentrated, beautifullyperfumed wine with deep, dark, chocolate/spicy/ mocha/maltyaromas. Ripe plummy aromas with smoky vanillin oak, a veryrich, ripe, supple palate with deep blackberry/chocolate/liquoricefruit, malt/vanilla oak nuances and satin smooth tannins. Thisvintage is now supremely complex and harmonious, with ripeplum and coffee-like luscious fruit, integrated oak, fine tanninsand excellent length.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1991The 1991 Grange shocked me with its sweet, forward displayof jammy black fruits, smoke, roasted coffee, and copioustoasty oak scents and flavors. This mouthfilling Grange,inevitably becomes more complex and civilized with ten ormore years of cellaring.Another great Grange vintage, the 1991 is one of the finestred wines made in Australia, rivalling the highly acclaimed1990.95% Shiraz, 5% Cabernet Sauvignon from exceptionalvineyards in the Barossa Valley, including Kalimna, and theMcLaren.A warm, dry year with even ripening conditions, vintagebegan early. Matured in new American oak hogsheads foreighteen months. Alcohol 13.50% Acidity 7.3g/L pH 3.32.Comments by Winemaker John Duval: “A glorious, dark,dense, red purple colour. The rich bouquet shows an incredibledepth of ripe berry spice, tobacco, mocha and green tea aromaswith unmistakable Penfolds oak handling. The palate hasintensely concentrated, mouthfilling fruit flavours showingspicy, rich berry fruit and earthy characters with masses of ripetannins and integrated oak, finishing with excellent length.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1992The pinnacle of Australian reds, Grange represents opulence,vintage 1992 offers great complexity and balance, a powerfuland rich release with mouth-coating tannins. No other redwine in Australia can rival the reputation, consistent quality orproven development pattern of Penfolds Grange. A fullbodiedShiraz wine, fleshed out with a component ofexceptional Cabernet fruit, under magnum, the 1992 wasdestined for a long cellar life. Deep crimson in colour, withsmoky/dark chocolate/blueberry/ plum aromas and flavours,fine grained with slightly leafy tannins, finishing very firm andtight90% Shiraz, 10% Cabernet Sauvignon from the Barossa Valley(including the century-old vines of the Kalimna Vineyard)Coonawarra and McLaren Vale. The winemaking processinvolves great attention to detail, from selecting the bestpossible grapes sourced from low-yielding, old Shiraz vines,through to fermentation and fastidious oak maturation. Acool to mild growing season marked by intermittent rains.Matured in new American oak hogsheads for eighteenmonths. As always released as a five-year old wine, thematuration period being a legacy of Max Schubert’s trialsthrough the 1950s, the 1992 Grange magnum has been keptperfectly cellared. Alcohol 13.50% Acidity 7.00g/L pH 3.43.Comments by John Duval. Deep: “Dense, dark brick-red withpurple crimson hues. The bouquet displays all the distinctivehallmarks, abundant, sweet, ripe berried fruit coupled withbalanced integrated oak. As it breathes, the wine revealsalluring tobacco, smoked roasted nuts and concentratedblackcurrant nuances. The palate has intense, sweet, rich fruitwith pronounced yet rounded ripe tannins. Excellent structureand integration of spicy, earthy fruit and firm oak, finishingwith great length of flavour.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1993Penfolds Grange, blossoms with fifteen to twenty years ofbottle age, when most other reds have past their best, andbetter vintages can live and continue developing for decadeslonger. A self-taught, practical winemaker with a naturalinquisitiveness for winemaking theory, creator Max Schubertembraced a romantic view of winemaking. Though he retiredas Chief Winemaker at Penfolds in 1973, Max remainedinvolved as a mentor and Winemaker Emeritus for another 20vintages. 1993 is an earlier maturing vintage under Magnum,kept optimumly cellared.86% Shiraz, 14% Cabernet Sauvignon from the Kalimna andother vineyards in the Barossa Valley, and the Coonawarra.One of Australia’s national treasures, Grange is the benchmarkby which all other reds in this country, vintage 1993 Grangerepresents over forty years of winemaking excellence. To sharea magnum of mature Grange 15 to 20 years old, in finecondition, is one of the great wine experiences. A very wetgrowing season was followed by warm, drier conditions,resulting in a very late but sound quality vintage fruit. AnIndian Summer in the Coonawarra delivered fully ripenedfruit. Matured in 100% new American oak for eighteenmonths. Alcohol 13.50% Acidity 6.00g/L pH 3.6.WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGWinemaker comments by John Duval: “Dense plum redmerging to brick red on rims. Intense blackcurrant and plumwith malt, fig and liquorice aromas that leap from the glass.This has all the characters of a classic Grange. What is promisedon the nose is delivered on the palate - a powerful, concentrated,opulent wine. Layers of Shiraz fruit and first class oak manifestthemselves into a seemingly endless variety of flavours - deepplum, liquorice, black olive, chocolate, cedar, coffee, etc, allcompressed into a silken, round mouth feel. Forceful, ripetannins are balanced by sheer weight of fruit. It is hard to believethat 100% new American oak was used - the intensity of fruit hasall but soaked it up.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1994Grange 1994 represents an excellent offering from an aboveaverage vintage. Layers of massive Shiraz fruit and expertlycrafted oak manifest themselves. Forceful, ripe tannins arebalanced by sheer weight of fruit.The Barossa experienced a drier than average growing seasonwith rainfall at 83 percent of the 10 year mean, reducing yieldin a virtually disease-free season. Ripening was slow. Goodsugar levels, alcohols and ripe flavours were realised. Goodrainfall in the McLaren, Coonawarra had a warm, dry autumnfollowed by a cool slightly wet summer. Alcohol 13.50%Acidity 7.20g/L pH 3.55%The Barossa experienced a drier than average growing seasonwith reainfall at 83 percent of the ten year mean, reducingyield in a virtually disease-free season. Ripening was slow.Good sugar levels, alcohols and ripe flavours were realised.Good rainfall in the McLaren, Coonawarra had a warm, dryautumn followed by a cool slightly wet summer. The finishedGrange exhibited a seemingly endless variety of flavours uponrelease, deep plum and liquorice, cedar, chocolate and coffee- all compressed into a silken, round mouth feel. Alcohol13.50%.Tasting Note: Penfolds Grange 1.5L MAGNUM 1995The 1995 Grange is the 45th consecutive vintage of the winethat carries the flag for the Australian wine industry. Fruitfrom the Barossa and the McLaren Vale, the Magill Estate andPadthaway.Grange’s weight and concentration can be traced to rigorousselection of intensely flavoured Shiraz grapes from maturevines in some of South Australia’s finest vineyards. Thequantity of Grange made each year is determined by theavailability of grapes of the required quality and style. Penfoldsreduce the impact of vintage variation to the point whereexperts the world over consider Grange to be among the mostconsistent of the world’s great wines. Despite a difficultvintage, rigorous selection of intensely flavoured grapes frommature vines in some of the finest vineyards produced a winethat exceeded vintage expectations. Maturation for seventeenmonths in 100% cent new American oak hogsheads. Alcohol13.5%Winemaker comments by John Duval: “Deep red. Complexwith masses of concentrated plum, raspberry and blackberry fruitaromas and hints of leather, dark chocolate and spice.Displaying all the classic hallmarks one would expect of Grange,this is a full-bodied, richly flavoured wine with ripe, dark stewedfruits and mixed spices with seamless, perfectly integrated oakand chewy tannins.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1996Sourced from Kalimna in the Barossa, McLaren Vale, theMagill Estate and Padthaway. An exceptional vintage in bothquality and quantity.An outstanding vintage, good winter rain was followed bywarm to mild and dry conditions, harvest was orderly andthere was little or no disease. Maturation nineteen months innew American oak. Alcohol 14.00% Acidity 7.20g/L pH 3.41Winemaker Comments by John Duval: “Vibrant plum red. Afusion of cinnamon and mixed spices with blackcurrantblueberry and boysenberry fruit; savoury, underlying aromas ofearth, cold tea and roast chestnuts plus barrel-ferment richness.Archetypal young Grange with concentration, balance andpowerful berry fruit flavours, with blueberry at the core. Tightand structured, although the thick, ripe tannins are shroudedbeneath a veil of opulent fruit. Excellent length and persistenceof flavour and masterful handling of oak. A very fine Grangethat will confidently sit alongside the great 1990.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1997A big, typical Grange and a very good wine from this vintage.Smooth, sumptuous and firmly structured, its deep, longpalate of dark red and black berry flavours is wound aroundfirm, but powder-fine tannins.The 1997 vintage is predominantly Shiraz (96%) with a smallamount of Cabernet Sauvignon (4%) from the Barossa Valleyand McLaren Vale. A somewhat challenging vintagecombining a cool start to the season with heat in the highsummer. Budburst was slightly later than usual in most SouthAustralian regions, with mild weather through to Christmas.The onset of a prolonged heat wave in February furtherdelayed ripening. Fortunately, a sunny, warm autumnfollowed, allowing vines to reach full ripeness. Maturationtwenty months in new American oak. Alcohol 14.00% Acidity7.00g/L pH 3.52Winemaker Comments by John Duval: “A deep, crimson red.Immediately engaging, with wafts of nutmeg and gingeramongst notes of blueberry and blackcurrant and a backgroundof wellseasoned savoury oak. The fruit gains in the glass withaeration, when more subtle perfume and chestnut complexitiesemerge. Already showing excellent balance within the frame of abeautifully interwoven mesh of dark plum and blackberry fruitswith fig and liquorice. Complex fruit and spice flavours sitagainst a finely focused backdrop of firm but rounded tannins,balancing acidity and seductive, perfectly integrated, smoky oak.The palate has wonderful length, with a tightly structured,tannic finish indicative of the calibre of this fine wine.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1998Predominantly Shiraz (97%) with a small amount of CabernetSauvignon (3%) from the Penfolds Kalimna and other BarossaVineyards, with proportions from Padthaway and MagillEstate. Cool spring weather followed by a warm summer andvery low rainfall created one of the classic vintages of the lasttwo decades. Fruit quality was outstanding with incredibleintensity of flavour, fine tannins and structure. The 1998vintage of Penfolds Grange ranks amongst the very finestreleased.41

AN EVENING OF EXCEPTIONAL WINESJames Halliday described it as “Beautifully perfumed andexotic, opulently rich and seductive plum/apricot/blackfruit/meaty flavours with toasty/malty/savoury oak andfine velvety sweet tannins.”Winemaker Comments by Peter Gago: “Bright, almostimpenetrable dark red. The nose is youthful and intense withdark, ripened Satsuma plum fruits rising above a base ofliqueured dark chocolate and licorice. Overtones of malt, toastybarrel ferment and nutty oak meld effortlessly into an exquisitelyaromatic offering. The palate displays intense layering of fruit -raspberry, blackcurrant and blackberry - laced with licorice andoak. The power of the fruit at the fore is balanced with ripevelvety tannins, offering an alluring even-textured palate withremarkable length.”Tasting Note: Penfolds Grange 1.5L MAGNUM 1999Grange boasts an unbroken line of vintages from theexperimental 1951 and clearly demonstrates the synergybetween Shiraz and the soils and climate of South Australia.Penfolds Grange displays fully-ripe, intensely-flavoured andtextured Shiraz grapes in combination with new Americanoak.The result is a unique Australian style that is now recognisedas the most consistent of the world’s great wines. The Grangestyle is the original and most powerful expression of Penfolds’multi-vineyard, multi-district blending philosophy.Sourced primarily from the Penfolds Kalimna Vineyard andother Barossa Vineyards, with proportions from McLaren Valeand Padthaway. Vintage Conditions The 1999 vintage inSouth Australia was defined by generally dry and cool weatherconditions during early summer, temporarily disrupted by ahot spell in late January before moderate conditions duringvintage. Multi-regional sourcing and strong vineyardmanagement resulted in parcels of fruit being harvested withhallmark fruit richness and ripe tannins. Grape variety Shiraz(Syrah) Maturation 17 months in new American oak. Alcohol14.0%65Penfolds Grange Shiraz vertical collection in Magnum1979 - 1999Note: until the 1989 vintage, labelled Penfolds GrangeHermitageAll magnums (1.5 litre bottles) all in perfect conditions andare individually numbered and presented in their own originalPenfolds wooden display case.Extremely rare as less than 1000 magnums are produced formost vintages.Only 600 magnums from the 1979 vintage were made.Lying in bond, duty free temperature-controlled cellar inSingapore21 Magnum in original wooden caseHK$320,000-430,000Colour is an impenetrable deep red/purple. Nose Blackberryand blueberry fruit interwoven with perfectly tuned, malty,savoury oak, with liquorice and anise notes hovering above.Upon sitting there is a whirling aromatic shift, the winebecoming more complex, deeper, richer and darker. PalateLayers of fruit, with blackberry and blueberry to the fore, assuggested by the nose. An underlying tanniness and new oakare seamlessly absorbed. A mass of fine grained tannins courta firm tight finish of great length. The wine possesses theessential ingredients of the marque, richness, harmony, andbalance. A fitting Grange release to end the 1900’s, withdecades of life ahead.All above tasting notes from Penfolds’ websiteWWW.SPINK.COM

JANUARY 13, 2013 - HONG KONGPORTSWe are glad to offer a selection of very fine vintage ports from all the major houses such as DOW’S, WARRE, FONSECA,TAYLOR’S, COCKBUNS, built-up over the years by an English collector. Bottles kept in a good cellaring condition.PORTS from a Private Collector.66 EUCOCKBURNS - vintage 1967In original bottle, scuffed labelLying in a private cellar in London, EnglandTotal 4 bottlesWinemaker Notes: “Cockburn’s style has always been synonymouswith softness and elegance as opposed to the concentrationand power that characterise other Porthouses such as Taylor’sand Graham’s. However, Cockburn has also always been reliable,consistent and delightfully easy-drinking. The 1967vintage has a mature, copper-tin hue, meaty, earthy and driedberrynotes on both the nose and the palate, followed by a reasonablylong finish.”HK$2,500 - 3,00067 EUFONSECA - vintage 1970in original bottle93/100 points Robert Parker, Buyers Guide 19891 bottleTasting Note:“...it excels in is magnificently complex,intense bouquet of plummy, cedary, spicy fruit and long,broad, expansive flavours. With its lush, seductive character,one might call it the Pomerol of Vintage ports. The1970, of course, is a powerful Fonseca with an exoticbouquet and lush, cream, multidimensional flavours.”DOW’S - vintage 1977Good level, slightly corroded capsuleRobert Parker, Buyers Guide 1989.5 bottlesLying in a private cellar in LondonTotal 6 bottlesTasting Note: “This is an extraordinary house that seemsto have been particularly successful with its vintage portsince 1977. The 1977, still a baby, is fabulously scented,very rich and concentrated, and has a potential longevityof at least another 30-50 years.”Estimate HK$ 3,500 - 5,00043

AN EVENING OF EXCEPTIONAL WINES68 EUTAYLOR’S - vintage 1980In original bottle91/100 points Neil Martin Wine Journal 20081 bottleTasting Note: “A deep, clear garnet colour. The nose isvery backward, quite austere and conservative with notesof cherry and raspberry leaf, a touch of cigar box developingwith aeration. It perhaps lacks a little joie-de-vivre,especially when compared to vintage in the 1970s. Thepalate is attractive though, with notes of raspberry, plum,white pepper, blood orange and a touch of apricot. Verygood acidity, perhaps like the -55, this is a Taylor’s playingit safe, unwilling to take chances and yet it is lush on thefinish with its plum and briary flavours.”FONSECA - vintage 1980In original bottle87/100 points Robert Parker, Wine Buying Guide19892 bottlesTasting Note: “Fonseca is one of the great port lodges,producing the most exotic and most complex port. It excelsin its magnificently complex, intense bouquet andplummy, cedary, spicy fruit and long, broad expansiveflavours. With is lush, seductive character, one might callit the Pomerol of Vintage ports. When it is young, it oftenloses out in blind tastings to the heavier, weightier, moretannic wines, but I always find myself upgrading myopinion of Fonseca after it had 7-10 years of age. The 1980is very good, possibly excellent.”WARRE - vintage 1983In original bottle1 bottleTasting Note: “Perfumed chocolate and spice nose. Floralhints, rich palate. Great elegance”. Decanter Magazine,December 2006.FONSECA - vintage 1983Level and label in good condition, corroded capsule92/100 points Robert Parker, Wine Buying Guide19893 bottlesTasting Note: “Fonseca is one of the great port lodges,producing the most exotic and most complex port. IfFonseca lacks the sheer weight and power of a Taylor, Dowor Warre, or the opulent sweetness and intensity of aGraham, it excels in its magnificently complex, intensebouquet of plummy, cedary, spicy fruit and long, broad,expansive flavours. With is lush, seductive character, onemight call it the Pomerol of Vintage ports. When it isyoung, it often loses out in blind tastings to the heavier,weightier, more tannic wines, but I always find myselfupgrading my opinion of Fonseca after it has had 7-10years of age. The 1983 is magnificently scented, fullbodied,creamy, rather forward, but showing character.”CHURCHILL’S - vintage 1983In original bottle, label damp patch, slightly broken waxcapsule3 bottlesCOCKBURNS - vintage 1983Torn/damaged label on one section of the label (lettersV I N T A missing), slightly oxidised capsule97/100 points Wine Spectator Issue January 1989.3 bottlesTasting Note: “A big, tough port for long-term ageing. Itunderlines what people mean when they say a great youngvintage port should overpower one’s palate with fruit andtannin. Inky colour with perfumed cherry and berryaromas. Full-bodied with tons of tannins, intense cherryand berry flavours and a lingering finish. Best from 1998through the 2000s.”Lying in a private cellar in LondonTotal 13 bottlesHK$7,000 - 8,500WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONG69 EUDOW’S - vintage 1985 - Trafalgar VintageIn original bottle, slightly scuffed label, corroded capsuleDescription on the back label: “This 1985 Vintage Port was selectedto commemorate the 200th Anniversary of the Bottle of Trafalgar,21st October 1805.The 1985 harvest produced superb wines. In 2005 this Dow’s Vintagewill be 20 years old, which is considered the peak maturity for VintagePort.The label illustration of Her majesty’s ship VICTORY andTEMERAIRE attacking the French REDOUTABLE and FOUGEUXis adapted from the paintings by W-L WYLLIE R.A (Royal NavalMuseum, H.M Naval Base, Portsmouth).Dow’s Port have made a contribution to Naval Charities for every caseof the wine sold.”Note: The back of the label is slightly wrong as it states in the reign ofHER Majesty when in fact it should have said HIS majesty as there wasa king on the throne at the time of the battle of Trafalgar in 1805.6 bottlesTasting Note: “Drinking beautifully now at early optimal maturity, thishas at least another few years of development in front of it and many yearsof drinking pleasure after that. Now it is nicely developed, well integrated,juicy and ripe with a nice balance between its power, weight andtexture; it is succulent but still elegant. Delicious. Really excellent.”On-Line Publication of Spec’s Update December 2005WARRE - vintage 1985Some stains on the labels and label very slightly torn at the bottom onone bottle90/100 points Robert Parker, The Wine Advocate 19873 bottlesTasting Note: “WARRE has been making exceptionally fine Ports of lateand their 1985 is the sweetest and richest of their recent Vintages.Extremely concentrated, rich, even luscious, this full bodied, intense,opulent wine has layers of fruit, a full brown bouquet and impeccablebalance.”WARRE - vintage 1985In original bottle - Some stains on the labels.90/100 points Robert Parker, The Wine Advocate 19873 bottlesTasting Note: “WARRE has been making exceptionally fine Ports of lateand their 1985 is the sweetest and richest of their recent Vintages.Extremely concentrated, rich, even luscious, this full bodied, intense,opulent wine has layers of fruit, a full brown bouquet and impeccablebalance.”Lying in a private cellar in London, EnglandTotal 12 bottlesHK$ 5,000 - 6,50045

AN EVENING OF EXCEPTIONAL WINES70 EUGOULD CAMPBELL - vintage 1991In original bottle1 bottleWARRE - vintage 1991In original bottle1 bottleTAYLOR’S - vintage 1992In original bottle100/100 points Robert Parker, Wine Advocate 19953 bottlesTasting Note: “Taylor’s 1992 Vintage Port is unquestionablythe greatest young port I have ever tasted. Itrepresents the essence of what vintage port can achieve. Thecolour is an opaque black/purple, and the nose offers upfabulously intense aromas of minerals, cassis, blackberries,liquorice, and spices, as well as extraordinary purity andpenetration. Yet this is still an unformed and infantilewine. If Château Latour made a late harvest CabernetSauvignon, I suspect it might smell like this. In the mouth,the wine is out of this world, displaying layer upon layer ofconcentrated black fruits backed by well-integratedtannin and structure. This is a massive, magnificentlyrich, full-bodied port that will be far more flattering in itsyouth than were such Taylors as the 1983, 1977, or 1970.It possesses awesome fruit, marvellous intensity, and thelavish opulence, all brilliantly well-delineated by thewine’s formidable structure. This monumental 30-50 yearport is a must purchase for port aficionados! Also noteworthyis the fact that the 1992 Taylor commemorates the300th anniversary of this firm, as evidenced by the specialbottle Taylor used for his port.”Tasting Note: “Wow. Virtually opaque core, black andpurple in colour with a thin ruby rim. The nose is incrediblyintense, a ravishing port-pouri of scents: black cherries,raspberry, cassis and vanilla pod all with amazing delineation.I will have to employ my off used phrase - controlledopulence-. The palate is full-bodied with layers of pureblack fruits with beautifully defined tannins, vibrantacidity, immense power but the same level of control. Pureblueberry, liquorices and crushed violets towards the finishwith a citrus undertow. It is the poise and definition thatis so unexpected given it ferocious power and it will surelyrank alongside the likes of the -35 and the -48 in years tocome. An immense achievement. Tasted November 2007.”Neil Martin, Wine Journal 2008FONSECA - vintage 1992In original bottle97/100 points Robert Parker, Wine Advocate 1995.3 bottlesTasting Note: “Fonseca has scored in both the 1991 and1992 vintages. The 1992 is a majestic young port thatshould ultimately rival, perhaps even surpass his house’smost recent great efforts (1985, 1977, 1970, 1963). Thiscolossal vintage port reveals a near opaque black/purplecolour, and an explosive nose of jammy black fruits,liquorice, chocolate and spices. Extremely full-bodied andunctuously textured, this multi-layered, enormouslyendowedport reveals a finish that lasts for over a minute.It is a magnificent port that will age well for 30-40 years.”DOW’S - vintage 1994Good level, slightly peeled label on the left top corner,very slightly corroded capsule96/100 points Robert Parker, Wine Advocate2 bottlesTasting Note: “The massive 1994 is unquestionably thefinest Dow I have tasted since the 1977. This opaquepurple-coloured wine is not as developed or flamboyant asFonseca, but it is super-concentrated and multi-layered,with huge masses of fruit and some tannin in the finish.This is a slightly drier style than Fonseca or Graham’s, butit appears to be a classic, majestic, enormously constituted1994 that should age effortlessly for three decades or more.It is one of the stars of the vintage. Anticipated maturity:2004-2030.”DOW’S - vintage 1994In original bottle96/100 points Robert Parker, Wine Advocate2 bottlesTasting Note: “The massive 1994 is unquestionably thefinest Dow I have tasted since the 1977. This opaquepurple-coloured wine is not as developed or flamboyant asFonseca, but it is super-concentrated and multi-layered,with huge masses of fruit and some tannin in the finish.This is a slightly drier style than Fonseca or Graham’s, butit appears to be a classic, majestic, enormously constituted1994 that should age effortlessly for three decades or more.It is one of the stars of the vintage. Anticipated maturity:2004-2030.”QUINTA DO VESUVIO - vintage 1995In original bottle2 bottlesQUINTA DO VESUVIO - vintage 1996In original bottle2 bottlesQUINTA DO VESUVIO - vintage 1997In original bottle3 bottlesQUINTA DO VESUVIO - vintage 1997In original bottle3 bottlesLying in a private cellar in London, EnglandTotal 22 bottlesHK$11,0000 - 13,000WWW.SPINK.COM

JANUARY 13, 2013 - HONG KONG71 EUDOW’S QUINTA Do BOMFIN - vintage 1998In original bottleBest in Class, Gold Medal, International Wine & SpiritCompetition 20091 bottleTasting Note: “The Bomfin 1998 shows excellent aromasof black berry fruits, combined with a hint of violet character.On the palate it is packed with juicy fruit flavours,peppery tannins, and a long slightly dry finish. Dow’s1998 Quinta do Bomfim Vintage Port is a fabulous wayto end a lunch or dinner. It pairs wonderfully with chocolatedesserts, such as chocolate mousse, but it can also beenjoyed on its own, providing a memorable moment in thecompany of good friends. “Lovely vanilla scented oak,violets, mulberries and winter fruit cake spices. Lusciousbouquet which has everything in it, all in perfect harmony.Classic style, mighty full body and flavours, fair balancingacidity fleshed out with wonderfully ripe fruit and sweetspice. Composed, impeccable, and though it already drinkswell it should be allowed to age much longer.”TAYLOR’S QUINTA de VARGELLA - vintage1998In original bottle1 bottleQUINTA DO VESUVIO - vintage 1998In original bottle18/20 Jancis Robinson6 bottlesTasting Note: “This is a magnificent, ripe, fruit-packedvintage Port from a grand quinta, deep in the Dourovalley. Quinta de Vesuvio is owned by the Symingtongroup who are responsible for a host of famous ports includingGraham, Dow and Warre. With the fruit still troddenby foot in traditional stone lagares, in 1998 Vesuvio hasyielded a port with all the serious class of its Vintagesiblings. Quinta do Vesuvio”Winemaker’s Notes: “Only 2,000 cases of the very finestPort produced at the property in 2000 have been selectedfor bottling, all of which will be released En Primeur.The viticultural year in 2000 was largely responsible forthe outstanding quality of the wines produced at Roriz.Adverse weather conditions in May were detrimental toflowering and thus ensured low yields. Hot weather up tothe vintage interspersed with some rain in August led to atext book maturation of the grapes, followed by idealweather during picking.Opaque purple colour. On the nose great complexity, ripeblack fruits with a mineral hint. On the palate hugeconcentration and tannic structure, with the Sousãocomponent of the blend producing fine acidity.”QUINTA De RORIZ - vintage 2000In original bottle3 bottlesWinemaker’s Notes: “Only 2,000 cases of the very finestPort produced at the property in 2000 have been selectedfor bottling, all of which will be released En Primeur.The viticultural year in 2000 was largely responsible forthe outstanding quality of the wines produced at Roriz.Adverse weather conditions in May were detrimental toflowering and thus ensured low yields. Hot weather up tothe vintage interspersed with some rain in August led to atext book maturation of the grapes, followed by idealweather during picking.Opaque purple colour. On the nose great complexity, ripeblack fruits with a mineral hint. On the palate hugeconcentration and tannic structure, with the Sousãocomponent of the blend producing fine acidity.”Lying in a private cellar in LondonTotal 20 bottlesHK$5,500 - 7,000DOW’S QUINTA Da SENHORA - vintage 1999In original bottle3 bottlesDOW’S QUINTA Da SENHORA - vintage 1999In original bottle3 bottlesQUINTA De RORIZ - vintage 2000In original bottle3 bottles47

AN EVENING OF EXCEPTIONAL WINESCOGNAC72REMY MARTIN LOUIS XIIILying in Hong-Kong1 bottle in 70cl in perfect conditionHoused in Baccarat crystal, a replica of the original flask discovered on the site of thebattle of Jamac, the Louis XIII decanter is an icon at the four corners of the world, atrue piece of collectable item in the highest calibre, this particular version believed tobe from the first generation and among the very first groups of production, circa1950’s.HK$25,000 - 30,000WWW.SPINK.COM

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –SALE TITLE DATE CODE NAME SALE NO.An Evening of Exceptional Wines Sunday 13 January 2013 at 6.00 p.m. PROVENANCE SFW02I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below.I understand that if my bid is successful the Purchase Price payable will be the sum of the final bid and a premium as a percentage of the final bid. The Rate of Premiumis 22% of the final hammer price of each lot.All bids shall be treated as offers made on the Terms and Conditions for Buyers printed in the catalogue. I also understand that Spink provides the service of executingbids on behalf of clients for the convenience of clients and that Spink will not be held responsible for failing to execute bids. If identical commission bids are received forthe same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if there are higher written bids received. If yourequire such notification then this is available on bids made via Spink live bidding service.PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARSLot Number(in numerical order)WRITTEN BIDS FORMThis form should be sent or faxed to theSpink auction office in advance of the sale.References for new clients should besupplied in good time to be taken upbefore the sale. Bids received later thanone hour before the start of the sale maynot be processed.NAME ______________________________________________________ADDRESS____________________________________________________________________________________________________________________________________________________________________________POSTCODE ___________________________________________________Price Bid HK$(excluding Buyer’s Premium)TEL. HOME ______________________________________________ TEL. OFFICE ____________________________________________FAX ____________________________________________________ E-MAIL ________________________________________________SIGNATURE _______________________________________________ VAT NUMBER ___________________________________________Please indicate the type of card: VISA VISA DEBIT MASTERCARD SWITCH AMERICAN EXPRESSPAYMENT MADE BY MASTERCARD OR VISA IS SUBJECT TO A 3% SURCHARGE AND AMERICAN EXPRESS 4%CARD NO: START DATE: ISSUE NO: SECURITY CODE:SIGNATURE EXPIRY DATE NAME (ON CREDIT CARD)Please charge all purchases to my cardLot Number(in numerical order)SALE LOCATION AND AUCTIONOFFICE9/F Malaysian Consulate Building,50 Gloucester Road, Hong Kongtel +852 25 300 100fax +852 25 266 128email: china@spink.com69 Southampton Row, Bloomsbury,London WC1B 4ETtel: +44 (0)20 7563 4034fax: +44 (0)20 7563 4037email: auctionteam@spink.com(until 10 January 2013)YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE.JUST VISIT WWW.SPINK.COM TO REGISTERPrice Bid HK$(excluding Buyer’s Premium)Lot Number(in numerical order)AN EVENING OFEXCEPTIONAL WINES13 JANUARY 2013Price Bid HK$(excluding Buyer’s Premium)Do not charge my card. I will arrange to send payment. (Spink will only charge your card should you default on the payment terms agreed)Please hold my purchased lots for collection Continued ...HONG KONG

DATESunday 13 January 2013 at 6.00 p.m.SALE NO.SFW02PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARSLot Number(in numerical order)Price Bid HK$(excluding Buyer’s Premium)Lot Number(in numerical order)Price Bid HK$(excluding Buyer’s Premium)Lot Number(in numerical order)Price Bid HK$(excluding Buyer’s Premium)BIDDING INCREMENTSBidding generally opens below the low estimate and advances in the following orderalthough the auctioneer may vary the bidding increments during the course of the auction.The normal bidding increments are:HK$500 to HK$2,000 by HK$100HK$30,000 to HK$50,000 by HK$2,000 - HK$3,000HK$2,000 to HK$3,000 by HK$200HK$50,000 to HK$100,000 by HK$5,000HK$3,000 to HK$5,000 by HK$200 or HK$300 HK$100,000 to HK$200,000 by HK$10,000HK$5,000 to HK$10,000 by HK$500HK$200,000 to HK$300,000 by HK$20,000HK$10,000 to HK$20,000 by HK$1,000HK$300,000 to HK$500,000 by HK$20,000 - HK$30,000HK$20,000 to HK$30,000 by HK$2,000HK$500,000 to HK$1,000,000 by HK$50,000It is the responsibility of the Buyer tobe aware of any Import Duties thatmay be incurred upon importation tothe final destination. The onus is alsoon the Buyer to be aware of anyCustoms import restrictions thatprohibit the importation of certaincollectibles.REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINKTRADE REFERENCESBANK REFERENCES_____________________________________________________________________________________________________________________________________________________________________________________________

CONDITIONS OF BUSINESSSpink Fine Wines and Buyer hereby agree to the followingterms and conditions for auctions conducted by Spink FineWines:1 The BuyerThe highest bidder shall be the buyer at the ‘hammer price’and any dispute shall be settled at the auctioneer’s absolutediscretion. Every bidder shall be deemed to act as principalunless there is in force a writ ten acknowledgement by SpinkFine Wines that he/she acts as agent on behalf of a namedprincipal.2 The PremiumThe buyer shall pay to Spink Fine Wines a premium of 22% ofthe ham mer price on all lots.3 Bidder RegistrationBidding is strictly by paddle only. All floor bidders arerequested to register prior to bidding.4 PaymentImmediately after a lot is sold the buyer shall:-(a) give to Spink Fine Wines his name and address and, if sorequested, proof of identity: and (b) pay to Spink Fine Winesthe ‘total amount due’.5 Any payments by a buyer to Spink Fine Wines may be appliedby Spink Fine Wines towards any sums owing from that buyerto Spink Fine Wines on any account whatever without regardto any directions of the buyer or his agent, whether express orimplied.6 OwnershipThe ownership of the lot purchased shall not pass to the buyeruntil he has made payment in full to Spink Fine Wines of the‘total amount due’.7 Collection of Purchases(a) The buyer shall at his own expense take away the lotpurchased not later than 7 working days after the day of theauction but not before pay ment to Spink Fine Wines of the‘total amount due’.(b) The buyer shall be responsible for anyremoval, storage and insurance charges on any lot not takenaway within 8 working days after the day of the auction.8 Buyers responsibilities for lots purchasedThe buyer will be responsible for loss or damage to lotspurchased from the time of collection or the expiry of 7working days after the day of the auction, whichever is thesooner, and neither Spink Fine Wines nor its respective staff oragents shall thereafter be responsible for any loss or damage ofany kind, whether caused by negligence or otherwise, whileany lot is in their custody or under their control.9 Remedies for non-payment or failure to collect purchasesIf any lot is not paid for in full and taken away in accordancewith Condi tions 4 and 7. or if there is any other breach ofeither of those Condi tions, Spink Fine Wines as agent of theseller shall, at its absolute discre tion and without prejudice toany other rights they may have, be entitled to exercise one ormore of the following rights and remedies:-(a) to proceed against the buyer for damages for breach ofcontract;(b) to rescind the sale of that or any other lots sold to thedefaulting buyer at the same or any other auction;(c) to re-sell the lot or cause it to be re-sold by public auctionor private sale and the defaulting buyer shall pay to Spink FineWines any resulting deficiency in the ‘total amount due’ (afterdeduction of any part payment and addition of re-sale costs)and any surplus shall belong to the seller.(d) to remove, store and insure the lot at the expense of thedefault ing buyer and, in the case of storage, either at SpinkFine Wines or elsewhere;(e) to charge interest at a rate of not exceeding 2% per monthon the ‘total amount due’ to the extent it remains unpaid formore than 7 working days after the day of the auction;(f) to retain that or any other lot sold to the same buyer at thesame or any other auction and release it only after payment ofthe ‘total amount duel;(g) to reject or ignore any bids made by or behalf of thedefaulting buyer at any future auctions or obtain a depositbefore accepting any bids in future;(h) to apply any proceeds of sale then due or at any timethereafter becoming due to the defaulting buyer towardssettlement of the ‘total amount due’ and to exercise a lien onany property of the defaulting buyer which is in Spink FineWines’ possession for any purpose.10 Liability of Spink Fine Wines and SellersAll goods are sold “AS IS”. Illustrations in catalogues are foridentification only. Buyers should satisfy themselves prior tothe sale as to the condi tions of each lot and should exercise andrely on their own judgment as to whether the lot accords withits description.11 Unsold LotsSpink Fine Wines reserves the right to charge commission upto one- half of the ‘stated rates’ calculated on the ‘reserveprice’ and in addition ‘expenses’ in respect of any unsold lots.12 Spink Fine Wines sells as agent for the seller and as such isnot re sponsible for any default by seller or buyer.13 Any representation or statement by Spink Fine Wines in anycatalog as to authorship, attribution, genuineness, origin, date,age, provenance, condition or estimated selling price is astatement of opinion only. Every person interested shouldexercise and rely on his own judgment as to such matters andneither Spink Fine Wines nor its respective staff or agents areresponsible for the correctness of such opinions.14 While the interests of prospective buyers are best served byatten dance at the auction, Spink Fine Wines will, if soinstructed, execute bids on their behalf, neither Spink FineWines nor its respective staff or agents being responsible forany neglect or default in doing so or for failing to do so.15 Spink Fine Wines shall have the right at its discretion torefuse admis sion to its premises or attendance at its auctions toany person.Spink Wine (01/13)

16 Spink Fine Wines has absolute discretion without givingany reason to refuse any bid, to divide any lot to combine anytwo or more lots, to withdraw any lot from the auction and incase of dispute to put up any lot for auction again.17(a) Any indemnity under these Conditions shall extend to allactions, proceedings, costs, expenses, claims and demandswhatever incurred or suffered by the person entitled to thebenefit of the indemnity.(b) Spink Fine Wines declares itself to be trustees for itsrespective relevant staff and agents of the benefit of everyindemnity under these Conditions to the extent that suchindemnity is expressed to be for the benefit of its staff andagents.18 Any notice by Spink Fine Wines to a seller, consignor,prospective bidder or buyer may be given by pre-paid mail inHong Kong or Macau or airmail outside Hong Kong andMacau and if so given shall be deemed to have been dulyreceived by the addressee one week after posting.19 These Conditions shall be governed by and construed inaccordance with Hong Kong law. All transactions to whichthese Conditions apply and all matters connected therewithshall also be governed by Hong Kong law. Spink Fine Wineshereby submits to the exclusive jurisdiction of the Hong Kongcourts and all other parties concerned hereby submit to thenon-exclusive jurisdiction of the Hong Kong courts.20 In these Conditions of business:-(a) ‘catalog’ includes any advertisement, brochure, estimate,price list and other publication; (b) ‘hammer price’ means theprice at which a lot is knocked down by the auctioneer to thebuyer; (c) ‘total amount due’ means the ‘hammer price’ inrespect of the lot sold together with any premium, andadditional charges and expenses due from a defaulting buyer inHong Kong dollars; (d) ‘sale proceeds’ means the net amountdue to the seller being the ‘hammer price’ of the lot sold lesscommis sion at the ‘stated rates . and ‘expenses’ and any otheramounts due to Spink Fine Wines by the seller in whatevercapacity and howsoever arising; (e) ‘expenses’ in relation to thesale of any lot means Spink Fine Wines’s charges and expensesfor insurance, illustrations, special adver tising, packing andfreight of that lot.21 The headings in these Conditions do not form part of theConditions but are for convenience only.NOTICEBidsIf instructed, Spink Fine Wines will execute bids, and advisethe intending purchaser. Lots will always be bought as cheaplyas is allowed by such other bids or reserves as are on Spink FineWines’ books. Bids may be placed in writing before thecommencement of the sale by giving to Spink Fine Wines a bidform for the lot, duly filled in with the name, contact phonenumber(s), full address of the buyer, number of the lot, andamount of the bid in Hong Kong dollars. All bids when placedby telephone are accepted only at the sender’s risk, and mustbe confirmed to Spink Fine Wines in writing, or by facsimile,before the sale.Clearance of PurchasesIn order to avoid delay in clearing purchases, buyers unknownto Spink Fine Wines are advised to make arrangements beforethe sale for pay ment or for references to be supplied. If sucharrangements are not made, checks will be cleared beforepurchases are delivered.Purchase by Non-ResidentsPurchases made by non-residents in Hong Kong may beexported on the instructions of the buyer at his expense.Payment shall be made in the full amount equivalent to thesuccessful bid in Hong Kong dollars. Ship ping instructionsmay be given upon payment to Spink Fine Wines.Please note some lots are marked EU to indicate that they arelying within the European Union tax free for export from theircountry of origin.Applicable local tax and/or duty will apply for local deliveryoutside of Hong Kong.Currency ConverterA currency converter will be operated at our auctions but onlyfor the guidance of bidders. All foreign currency amountsdisplayed are ap proximations based on recent exchange rateinformation and may not be relied upon to calculate anyinvoices or statements. Spink Fine Wines assumes noresponsibility for any error or omission in foreign or HongKong currency amounts shown.THE SALE WILL BE CONDUCTED IN HONG KONGDOLLARS.Spink Wine (01/13)

GUIDE FOR ABSENTEE BIDDERSABSENTEE BIDSIf you are unable to attend an auc tion in person, and wish toplace bids, you may consider instructing Spink Fine Wines BidDepart ment to bid on your behalf. Upon receiving yourwritten instructions, our representative will make every effortpossible to try to acquire the lot(s) of your choice at the lowestprice possible, and never to exceed the top limit you indicate.This service is complimentary and with strict confidence. SpinkFine Wines offer this value-added service as a convenience toour clients who are unable to attend the auction, however,Spink Fine Wines will not be held responsible for error,omission or failure to execute bids.PLACING ABSENTEE BIDSTo place bids, please use the absentee bid form provided in thecatalog. Be sure to accurately record the lot number(s) and thetop price you are willing to pay for each lot “Buy” bids will notbe accepted. Always indicate a “top limit” - the amount towhich you would bid if you were attending the auctionyourselfAlternative bids should be indi cated by using the word “OR”between lot numbers. If your bid on an early lot is successful,we will not continue to bid on other lots for you. Or, if yourearly bids are unsuccessful, we will continue to execute bids foralternative lots until a bid is successful. Bids must always beplaced in the same order as the lot numbers appear in thecatalog.Each absentee bid form should contain bids for one auctiononly; the auction code number should appear in the top lefthandcor ner of the form. Please place your bids as early aspossible. In the event of identical bids, the earliest received willtake prece dence.TELEPHONE BIDSBids may be placed by telephone, but are accepted subject toSpink Fine Wines’ discretion and are at caller’s risk. At the solediscretion of Spink Fine Wines, telephone bids may berecorded. By bidding on the telephone, prospective purchasersconsent thereto.BUYER’S PREMIUMThe “top limit” you indicate on your bid form is for thehammer price only. A 22% buyer’s pre mium will be added tothe suc cessful bid price for each lot you buy and is payable byyou.ON-LINE BIDDINGWe offer internet services as a convenience to our clients. Youcan place your bids on our website www.spink.com up to 24hours prior to the commencement of the auction, bid live vieSpink Live or leave proxy bids on Spink Live that will beautomatically operated on your behalf as if you were biddinglive.Please note we will not be responsible for errors or failures toexecute bids placed on the internet, including, withoutlimitation, errors or failures caused by (i) a loss of internetconnection by either party for whatever reason; (ii) abreakdown or problems with the online bidding softwareand/or (iii) a breakdown or problems with your internetconnection, computer or system. Execution of on-line internetbids is a free service undertaken subject to other commitmentsat the time of the auction and we do not accept liability forfailing to execute an online internet bid or for errors oromissions in connection with this activity.BIDDING INCREMENTS (HK$)500-2,000 1002,000-3,000 2003,000-5,000 200 or 3005,000-10,000 50010,000-20,000 1,00020,000-30,000 2,00030,000-50,000 2,000-3,00050,000-100,000 5,000100,000-200,000 10,000200,000-300,000 20,000300,000-500,000 20,000-30,000500,000-1,000,000 50,000SUCCESSFUL BIDSSuccessful bidders will be notified and invoiced within a fewdays of the auction. All paid-subscribing bidders will receive alist of auc tion results.INSTRUCTIONS FOR PAYMENT BY WIRE TRANSFERSpink China LimitedBank of China (Hong Kong) LimitedBank of China Tower, 1 Garden Road, CentralHong KongAccount No: 01287500470625Swift No: BKCHHKHHXXXPlease add HK$150 to cover bank charges plus any additionalfee imposed by your bank, and HK$250 for standardshipping/handling fee per shipment, there will be additionalcharges for carton shipments.FOR MORE INFORMATIONTo place telephone bids, or for further information, please callour Administrators Amy Yung and Dennis Chan at+852 25 300 100.Spink Wine (01/13)

SALE CALENDAR 2013STAMPS13 January The Mizuhara Collection of Korean Stamps Hong Kong 1300813 January Fine Stamps and Covers of China and Hong Kong Hong Kong 1300923 January The Award Winning “Medina” Collection of India Part I. London 1302123 January The Award Winning “Medina” Collection of Ceylon London 1302224 January The “Lionheart” Collection of Great Britain and British Empire Specimen Stamps London 1301024 January The Collector's Series Sale London 1301119 February The Hutson Collection of New South Wales London 13023Early March The Collector’s Series Sale Hong Kong CSS05March The Collector’s Series Sale New York20 March The Award Winning “Medina” Collection of Cape of Good Hope London 1302417 April The Collector’s Series Sale London 1303115 May The Award Winning “Medina” Collection of India Part II. London 130255 June Specialised Great Britain Sale London 1302610/11 July The Collector’s Series Sale London 1302710 September The Award Winning “Medina” Collection of India and States Part III. London 1302811 September The Award Winning “Medina” Collection of Great Britain London 1302921 September Stamps and Covers of South East Asia Singapore 13030COINS11/12/13 January Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories Hong Kong 1300515/16 January The Collector’s Series Sale New York 316Early March The Collector’s Series Sale Hong Kong CSS0627 March Ancient, British & Foreign Coins and Commemorative Medals London 1301222/23 May The Collector’s Series Sale New York 31627 June Ancient, British & Foreign Coins and Commemorative Medals London 1301322 August Tibetan Coins from the Nick Rhodes Collection Hong Kong 1302028/29 August The Collector’s Series Sale New York 31724 September North East Indian Coins from the Nick Rhodes Collection London 130193 December Ancient, British & Foreign Coins and Commemorative Medals London 13015BANKNOTES11/12/13 January Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories Hong Kong 1300515/16 January The Collector’s Series Sale New York 316Early March The Collector’s Series Sale Hong Kong CSS069/10/11 April World Banknotes London 1300422/23 May The Collector’s Series Sale New York 31628/29 August The Collector’s Series Sale New York 3171/2 October World Banknotes London 13018MEDALS25 April Orders, Decorations, Campaign Medals & Militaria London 1300125 July Orders, Decorations, Campaign Medals & Militaria London 1300221 November Orders, Decorations, Campaign Medals & Militaria London 13003BONDS AND SHARES11/12/13 January Banknotes, Bonds & Share Certificates and Coins of China, Hong Kong and Other Territories Hong Kong 1300515/16 January The Collector’s Series Sale New York 316Early March The Collector’s Series Sale Hong Kong CSS0617 May Bonds and Share Certificates of the World London 1301622/23 May The Collector’s Series Sale New York 31628/29 August The Collector’s Series Sale New York 31728 November Bonds and Share Certificates of the World London 13017AUTOGRAPHS15/16 January The Collector’s Series Sale New York 31622/23 May The Collector’s Series Sale New York 31628/29 August The Collector’s Series Sale New York 317WINES13 January An Evening of Exceptional Wines Hong Kong SFW02Early March An Evening of Exceptional Wines Hong Kong SFW03The above sale dates are subject to changeSpink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

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