SFW12 by Spink and Son

WINES & SPIRITS

16 JANUARY 2015 HONG KONG

GROUP CHAIRMAN AND CEO Olivier D. Stocker YOUR SPECIALISTS STAMPS UK – Tim Hirsch FRPSL Guy Croton Fernando Martínez David Parsons Nick Startup Neill Granger Paul Mathews Dominic Savastano Tom Smith Ian Shapiro USA – George Eveleth Richard Debney Europe – Guido Craveri Fernando Martínez China – Tommy Chau COINS UK - Mike Veissid Richard Bishop Eleanor Charlotte Dix Tim Robson Edouard Wyngaard Jon Mann Barbara Mears John Pett USA – Stephen Goldsmith (Special Consultant) Greg Cole Luke Mitchell China – Kin Choi Cheung BANKNOTES, BONDS & SHARES UK – Barnaby Faull Mike Veissid Andrew Pattison Monica Kruber Thomasina Smith USA – Stephen Goldsmith (Special Consultant) Europe – Peter Christen China – Paul Pei Po Chow Kelvin Cheung ORDERS, DECORATIONS, MEDALS & MILITARIA UK – Mark Quayle Oliver Pepys John Hayward BOOKS UK – Philip Skingley Jennifer Mulholland AUTOGRAPHS USA – Stephen Goldsmith (Special Consultant) WINES China – Vincent Cleme Guillaume Willk-Fabia

YOUR EUROPE TEAM (LONDON – LUGANO)

Chairman’s Office Charles Blane Directors Tim Hirsch Anthony Spink Auction & Client Management Team Mira Adusei-Poku Grace Hawkins Rita Ariete Dora Szigeti Tatyana Boyadzhieva John Winchcombe Craig Bower-Parker María Martínez Maurizio Schenini Finance Alison Bennet Marco Fiori Mina Bhagat Dennis Muriu Hemel Thakore IT & Administration Berdia Qamarauli Leszek Woronowicz Liz Cones Curlene Spencer Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK) Auction Administration and Marketing & Design Sonia Alves Amit Ramprashad Finance & Administration Aleena Nieves Auctioneers Luke Mitchell

YOUR ASIA TEAM (HONG KONG – SINGAPORE)

Administration Angie Ihlo Fung Newton Tsang Sue Pui Arthur Chan Doris Lo Gary Tan

JANUARY 16, 2015 - HONG KONG

葡萄酒及烈酒 2015年1月16日假香港舉行

拍賣會地點

斯賓克銷售團隊

斯賓克中國華富商業大廈4樓香港皇后大道西111號電話: +852 3952 3000 傳真: +852 3952 3038

拍品咨詢 Vincent Cleme vcleme@spink.com +852 3952 3040

競投咨詢

拍賣會詳情

Newton Tsang ntsang@spink.com +852 3952 3032

2015年1月16日(星期五) 試酒會-晚上7時拍賣-晚上8時

出價競投或查詢時請列明拍賣編號為 SFW12

Arthur Chan achan@spink.com +852 3952 3002 Doris Lo dlo@spink.com +852 3952 3001 Mira Adusei-Poku auctionteam@spink.com +44 (0)20 7563 4020 (available until 14 January)

付款方法

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Sue Pui spui@spink.com +852 3952 3010

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斯賓克盛意為你提供免費全新的實時網上拍賣平台SpinkLive，只需於我們網站登記後可立即使用。請注意，凡於the-saleroom.com參與本公司網上競投並勝出時，本公司將收取相當於落鎚價3%之手續費。顧客可憑此QR碼查看我們網上拍賣目錄，並進行委託競投。顧客可從iPhone, Blackberry 及Android App Store 下載QR掃瞄軟體至智能手機享用此工能。

網上競投 Newton Tsang ntsang@spink.com +852 3952 3032

The Spink Environment Commitment: Paper from Sustainable Forests and Clean Ink Spink has a long history of preserving not only collectables but our planet, too. We are proud to ensure that our policy of sustainability and conservation keeps up with Spink’s growth, helping improve the environment for new generations of collectors. We insist that our printers source all paper used in the production of Spink catalogues from FSC and/or PEFC suppliers and use non-hazardous inks. We also ask they hold the environmental standard ISO 14001. Spink recycle all ecological material used on our premises and we encourage you to recycle your catalogue once you have finished with it. 封面插圖: Lot 75

封底插圖 : Lot 7-右 Lot 8-左

如欲購買本公司產品目錄，講電郵致catalogues@spink.com 電話: +852 3952 3000 傳真: +852 3952 3038 查詢更多有關斯賓克的資訊，未來拍賣活動及拍賣結果，請瀏覽我們網址： www.spink.com

NOTICE TO BIDDERS Dear Bidder, We welcome you to our auction house. Please note the points below to assist you with the registration, bidding and payment at our auctions. REGISTRATION FOR BIDDING: If you are registering with us for the first time or have not bid successfully in the past, we require a deposit of HK$50,000. If you intend to bid more than HK$200,000 the deposit may be higher. The deposit will be deducted from your invoice should your bid be successful. If you are unsuccessful, your deposit will be returned by the same means by which it was paid. In addition we will ask for your bank and trade references. We encourage new clients to register for bidding at least 48 hours prior to the commencement of the sale to allow sufficient time to process the registration. Prior to the auction, some lots may be designated as “Premium Lots”, which means a deposit may be required before placing a bid on the item for sale. Information will be posted on our website in such an event. Spink have the right at our own discretion to refuse admission to our premises, attendance at an auction and decline submitted bids. BIDDING METHODS: In person You will be given a registration form that you will need to fill in providing your up to date address and contact details. Please always have your photo ID with you and, if you are bidding on behalf of a company, your business registration. ID information is collected for registration purposes only and will be kept confidential. Submitting a bid form by email/post/fax Again please always provide your full up-to-date contact details together with the lot numbers and the amounts up to which you would like us to bid on your behalf exclusive of Buyer’s Premium/tax/postage. Should you not receive our email confirmation of your bids having been received please call our office to make sure they have been received and processed. Submitting bids via our website To submit bids via our website www.spink.com you need to be registered and logged in. You can leave bids via this method up to 3 hours before the commencement of the sale. Bidding live on Spink Live You must be registered and logged into our website www.spink.com. The live bidding applet can be accessed from one week prior to the sale via the Spink Live button on our homepage. You will see ‘Auction not yet started’ message that will be replaced about one hour before the commencement of the sale with the live feed. You will be able to see and hear the auctioneer live during the sale. Telephone bidding We reserve this service for bidding on lots of value exceeding HK$10,000. Bidding via agent Your agent has to inform us prior to the sale that he or she will be bidding on your behalf, and the usual sale registration has to take place. He or she has to provide a letter of authorisation signed by you. Please place your bids following our usual bidding increments published in the Terms and Conditions for Buyers. Please note that commission and telephone bids are undertaken subject to other commitments at the time of the sale, and the conduct of the auction may be such that we are unable to bid as requested. Since this is undertaken as free service we cannot accept liability for failure to make a commission bid. Buy bids and plus one bids will not be accepted. Please make yourself aware of any Saleroom notices published on lots you are interested in bidding on.

EXTENSIONS (STAMPS ONLY): Prospective buyers, who wish to obtain an expert opinion on any lot other than a mixed lot or lot containing un-described stamps, are requested to notify Spink in writing no less than 48 hours before the commencement of the sale. Reason why such opinion is required must be stated together with the identity of an expert for Spink to consider such a request. Extensions requested on account of condition will not be accepted for expert opinions. PAYMENT METHODS: Payments should be made by the registered buyer and not by third parties, unless it has been agreed upon at the time of registration that you are acting as an agent on behalf of a third party. Payments are due within seven days after the date of the sale unless it has been confirmed to you in writing since July 2013 that you are an approved credit client. If payment is not received by Day 35, the sale will be cancelled. If you are also a vendor in the sale, please note offsets are not available. Payment may be made by one of the following methods: Direct bank transfer to the following account, quoting invoice and client number as reference. All bank charges should be met by you. Account Name: Spink China Limited Bank: Bank of China (Hong Kong) Limited Account No.: 01287500470625 SWIFT code: BKCHHKHHXXX Bank address: Bank of China Tower, 1 Garden Road, Central, Hong Kong Credit card (VISA , Mastercard and CUP): A 3% surcharge will be applied. American Express: A 4% surcharge will be applied. The amount will be converted into Pound Sterling and processed in Spink London office. For all card payments there are limits to the amounts we will accept depending on the type of card being used and whether the cardholder is present or paying over the telephone. To make a payment by card please call our office at +852 3952 3000 or email china@spink.com. Hong Kong cheque drawn on HK branch of bank: Cheques should be made payable to Spink China Limited and must have cleared before your purchases can be collected or sent to you. Bankers draft/cashier’s cheque: If you provide suitable proof of identity and we are able to make checks that satisfy ourselves as to the genuineness of the draft or cheque then you may collect your purchases immediately. Cash: You may pay for lots purchased by cash in the currency of the sale. We may accept small amounts in GBP, US$ and EUR. COLLECTION OF LOTS AND SHIPPING: All lots have to be paid for in full before they can be collected or shipped. If an invoice is partly paid no lots will be released from that invoice. It is the responsibility of the buyer to be aware of any import duties or import restrictions in the final destination. Spink will not accept return of any package in order to avoid these duties. Please be aware that your purchased lots will be at your risk in all respects from the time of collection or the expiry of seven days from the date of sale, whichever is sooner. If you require sending your lots to an address different from the address on the invoice, this will be carried out at the discretion of Spink. FOR ANY FURTHER INFORMATION PLEASE CONTACT OUR AUCTION TEAM AT +852 3952 3000 or china@spink.com.

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WINES & SPIRITS

JANUARY 16, 2015 - HONG KONG

16 January 2015 in Hong Kong

SALE LOCATION

YOUR SPINK TEAM FOR THIS SALE

SPINK HONG KONG 4/F and 5/F, Hua Fu Commercial Building 111 Queen’s Road West Sheung Wan Hong Kong Tel: +852 3952 3000 Fax: +852 3952 3038

FOR YOUR QUESTIONS ABOUT THE SALE LOTS

SALE DETAILS

FOR YOUR BIDS

Vincent Cleme vcleme@spink.com +852 3952 3040

Newton Tsang ntsang@spink.com +852 3952 3032

Friday 16 January 2015 Tasting at 7.00 p.m. Auction at 8.00 p.m. In sending commission bids or making enquiries,

Arthur Chan achan@spink.com +852 3952 3002

this sale should be referred to as SFW12

Doris Lo dlo@spink.com +852 3952 3001 Mira Adusei-Poku auctionteam@spink.com +44 (0)20 7563 4020 (available until 14 January)

SPINK ON SOCIAL MEDIA TWITTER:

@SpinkandSon

FACEBOOK:

INSTAGRAM: Spink_auctions YOUTUBE:

FOR YOUR PAYMENT

Spink Auctions Spinkauctions

*Spink is pleased to continue to offer our brand new on-line bidding platform Spink Live for no charge through www.spink.com. Please note that bidders who acquire lots on the-saleroom.com will have a fee of 3% on the hammer price added to their invoice for using this facility. Please use the QR code to visit our website, view our catalogues and other publications and place commission bids. You can download the QR Code Reader for iPhone, Blackberry and Android from App Store on your smartphone.

Back Cover Illustrations: Lot 7 (Right) Lot 8 (Left)

Sue Pui spui@spink.com +852 3952 3010

FOR YOUR INTERNET BIDDING

Newton Tsang ntsang@spink.com +852 3952 3032

To purchase a catalogue: email: catalogues@spink.com tel: +852 3952 3000 fax: +852 3952 3038 For more information about Spink services, forthcoming sales and sales results visit the Spink Website www.spink.com

WINES & SPIRITS

Dear Connoisseurs, As we are putting the Christmas season behind us and are getting closer to Chinese New Year, it is the right time to reflect on where we stand and where we want to be. At SPINK, we cannot thank you enough for your patronage in 2014 and we are looking forward to organizing more intimate and entertaining wines & spirits auctions for you in Hong Kong and Singapore this year again and bringing you new experiences, new tastings and new reasons for gathering with friends and fellow aficionados. In November 2014, a Japanese single-malt has been named the best whisky in the world for the first time, reminding us all in the industry that wines & spirits is a very dynamic industry and one should never stop innovating if one wants to reach for the stars. More importantly, it also reminded us, collectors and wines & spirits aficionados, that there is a lot to discover out there. Remaining curious and open-minded is the key and I wish you to let your taste buds adventure themselves this new year and bring you to new horizons. This could be for instance discovering a new wine or whisky region, exploring Japanese single malts, rediscovering cognacs & blended whiskies or getting acquainted to Irish whiskies and Americans bourbons! The festive season is the perfect time to indulge for yourself or for your loved ones. Let’s actually enjoy this time to remember wines & spirits’ golden rule: the pleasure of sharing! In this catalogue we have strived to gather a selection of bottles across categories to please everyone’s tastes, for the pleasure of drinking or gifting! We have notably selected a few special wine lots from the private cellars of two collectors, especially some treasures from Domaine Romanée-Conti (Lots 5 to 10). The lots have been acquired directly from renown merchants and have been kept solely in professional storage, ensuring both the utmost perfect provenance and condition. These could be the very special bottles you would like to drink with your special ones for Chinese New Year, unless you rather add them to your own collection. We have also picked up for you some very old and collectible bottlings of your favourite whiskies, notably a Bowmore 1979 (Lot 25), Highland Park 1952 (lot 48), as well as the very rare The Macallan 1950 Red Ribbon (Lot 55) and The Macallan Anniversary Malt 1964 and 1972 (Lots 56 & 57). Crystal decanters – like the bottling of a 32 year old 1977 Macallan by Silver Seal (Lot 63) or the Napoleon Crown shaped Sempe Armagnac decanter (Lot 113) – or ceramic decanters (Lots 84 to 91) can be the perfect gifts this season for all spirits aficionados. So do the highly regarded Ichiro’s Malt “Cards” bottlings (Lots 94 to 97). Here’s to a successful and prosperous new year, and our very best to you in 2015! Spiritually Yours, Your SPINK Fine Wines & Spirits Team WWW.SPINK.COM

JANUARY 16, 2015 - HONG KONG

Order of Auction CATEGORY PAGE# FINE WINES 06-07 PORT WINES 14-15 RUMS 20-21 SCOTTISH WHISKIES 26-27 JAPANESE WHISKIES 48-49 COGNACS & ARMAGNACS 66-67

WINES & SPIRITS

Property of a private collector in Hong Kong The following lots are the property of a private collector in Hong-Kong. The wines have been stored in professional temperature-controlled storage facility first in Switzerland, now in Hong Kong. All the wines are in pristine condition and were acquired directly from a renown merchant.

1 Château Calon Ségur 2005 Saint-Estèphe. Third Growth. Pristine condition. In original wooden case. Currently stored in professional storage in Hong Kong. 1 case, 12 bottles, 75cl each. Starting Price: HK$ 7,500 (12 bottles)

2 Château Léoville Poyferré 2003 Saint-Julien. Second Growth. Pristine condition. In original wooden case. Currently stored in professional storage in Hong Kong. 1 case, 12 bottles, 75cl each. Starting Price: HK$ 12,000 (12 bottles)

The Wine Advocate August 2014, 96 points “The spectacular 2003 Leoville Poyferre exhibits a dense purple color with a touch of lightening at the edge as well as notes of creosote, barbecue smoke, jammy black currants, licorice and spice box. This intense, voluptuously textured, full-bodied St.-Julien possesses low acidity and ripe tannin. Still fresh and exuberant, it is just entering its plateau of full maturity where it should remain for 10-15+ years.”

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JANUARY 16, 2015 - HONG KONG

3 Les Forts de Latour 2000 Second label of Ch창teau Latour. Pauillac. Pristine condition. In original wooden case. Currently stored in professional storage in Hong Kong. 1 case, 12 bottles, 75cl each. Starting Price: HK$ 70,000 (12 bottles)

4 Ch창teau La Mission Haut-Brion 1998 Pessac Leognan. Pristine condition. In original wooden case. Currently stored in professional storage in Hong Kong. 1 case, 12 bottles, 75cl each. Starting Price: HK$ 28,000 (12 bottles)

WINES & SPIRITS

5 La Tâche, Domaine de la Romanée Conti, 2000 Grand Cru Monopole, Côte de Nuits. Pristine condition. Bottle No. 09098. Currently stored in professional storage in Hong Kong. 1 bottle (75cl). Starting Price: HK$ 13,000 (1 bottle)

6 La Tâche, Domaine de la Romanée Conti, 2001 Grand Cru Monopole, Côte de Nuits. Pristine condition. Bottle No. 16066. Currently stored in professional storage in Hong Kong. 1 bottle (75cl). Starting Price: HK$ 13,000 (1 bottle)

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JANUARY 16, 2015 - HONG KONG

7 Romanée Conti, Domaine de la Romanée Conti, 1990 Burgundy, Grand Cru, Côte de Nuits. Pristine condition. Bottle No. 06318. Currently stored in professional storage in Hong Kong. 1 bottle (75cl). Starting Price: HK$ 110,000 (1 bottle)

Property of a private collector in the UK We are pleased to offer a selection of Burgundy Grands Crus, kept in the UK in a professional temperature-controlled storage facility at a reputable wine merchant. All the wines are kept in ideal condition and were acquired either en primeur or directly from renown merchants. The 3 following lots are all stored in bonded warehouse in London. Please refer to our conditions for more details on duties, VAT and transportation.

About Romanée Conti 2005 The Wine Advocate April 2007, 99-100 points “There are more startling complexities in the 2005 Romanee-Conti than in any other wine here today, perhaps in the vintage. A stunning, high-toned and utterly unique perfume of pink grapefruit, blood orange, tangerine rind, vivid rose petal, musk, cinnamon, sage, and cassis seduces the olfactors in kaleidoscopic rotation. I hesitate to court sacrilege or ridicule with Germanic allusions but it is impossible not to imagine a great Pinot scented with Gewurztraminer and Scheurebe. On the palate, a pure, clean meatiness emerges, like butchering a meadowfed lamb, bitter-sweet flowers flying forth in an inner-mouth profusion. Soy and black truffle lend a dark, savory note to the proceedings, leading the long finishing procession over a path strewn with rose petals. Fear not: despite its silken texture, there are abundant tannins woven into this amazing tapestry as well, and I am sure those lucky enough to own some can retain it as collateral, then leave it to their children, safe in the knowledge it has not decayed. Reverential drinking after a dozen or more years would, however, be my preference.”

8 Romanée Conti, Domaine de la Romanée Conti, 2005 Burgundy, Grand Cru, Côte de Nuits. Pristine condition. In wooden case. Currently stored in bonded warehouse in London. Bottle No. 02735. 1 bottle (75cl). Starting Price: HK$ 90,000

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JANUARY 16, 2015 - HONG KONG

9 Assortment (6 bottles), Domaine de la Romanée Conti, 2005 Includes 1 La Tâche 2005, 1 Richebourg 2005, 2 Romanée St Vivant 2005, 1 Grand Échezeaux 2005, 1 Échezeaux 2005. Burgundy, Grand Crus, Côte de Nuits. Pristine condition. In wooden case. Currently stored in bonded warehouse in London. 6 bottles (75cl). Starting Price: HK$ 60,000 (6 bottles)

10 Assortment (6 bottles), Domaine de la Romanée Conti, 2005 Includes 2 La Tâche 2005, 1 Richebourg 2005, 1 Romanée St Vivant 2005, 1 Grand Échezeaux 2005, 1 Échezeaux 2005. Burgundy, Grand Crus, Côte de Nuits. Pristine condition. In wooden case. Currently stored in bonded warehouse in London. 6 bottles (75cl). Starting Price: HK$ 70,000 (6 bottles)

PORT

WINES & SPIRITS

Property of a private collector in the UK The following lots are the property of a private collector in the United Kingdom. All the wines are in pristine condition and are currently located in London for collection.

11 Dow’s Vintage Port 1985, Trafalgar edition, 9 bottles Good condition. Currently stored in a cellar in London, UK. 9 bottles, 20%, 75cl each. Starting Price: HK$ 3,500 (9 bottles) The Dow’s Trafalgar was commissioned by the Naval Officers Mess HMS Osprey, situated at the Isle of Portland, Dorset, England. The label was designed by Lieutenant Commander Nigel Fraser. It is based on an illustration of Her Majesty’s ships Victory and Temeraire, attacking the French Redoubtable and Fougueux, adapted from a painting by W.L. Wyllie. R. A.

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JANUARY 16, 2015 - HONG KONG

12 Dow’s Vintage Port Assortment, 4 vintages: 1977, 1985, 1991 and 1994 Good condition. Label of the 1991 slightly tattered. Currently stored in a cellar in London, UK. 4 bottles, 20%, 75cl each. Starting Price: HK$ 1,800 (4 bottles) Dow’s 1977 Silver Jubilee was produced in the 25th year of the reign of H.M. Queen Elizabeth II.

WINES & SPIRITS

13 Taylor’s 1992 Vintage Port, 2 bottles Currently stored in a cellar in London, UK. 2 bottles, 20%, 75cl each. Starting Price: HK$ 2,200 The Wine Advocate February 1995 100 points “Taylor’s 1992 Vintage Port is unquestionably the greatest young port I have ever tasted. It represents the essence of what vintage port can achieve. The color is an opaque black/purple, and the nose offers up fabulously intense aromas of minerals, cassis, blackberries, licorice, and spices, as well as extraordinary purity and penetration. Yet this is still an unformed and infantile wine. If Chateau Latour made a late-harvest Cabernet Sauvignon, I suspect it might smell like this. In the mouth, the wine is out of this world, displaying layer upon layer of concentrated black fruits backed by well-integrated tannin and structure. This is a massive, magnificently rich, full-bodied port that will be far more flattering in its youth than were such Taylors as the 1983, 1977, or 1970. It possesses awesome fruit, marvelous intensity, and lavish opulence, all brilliantly well-delineated by the wine’s formidable structure. This monumental 30-50 year port is a must purchase for port aficionados.!” 13

14 Vintage Port Assortment, 4 bottles Contains Taylor’s 1992, Dow’s 1977, Dow’s 1985 and Dow’s 1994 Currently stored in a cellar in London, UK. 4 bottles, 20%, 75cl each.

Starting Price: HK$ 2,400 (4 bottles)

15 Vintage Port Assortment, 5 bottles Contains Dow’s 1977, Fonseca 1980, Cockburn’s 1983, Fonseca 1992 and Quinta do Vesuvio 1995. Currently stored in a cellar in London, UK. 5 bottles, 20%, 75cl each. Starting Price: HK$ 2,400 (4 bottles)

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JANUARY 16, 2015 - HONG KONG

CONSIGN NOW TO AVOID THE DISAPPOINTMENT

OF MISSING OUT ON OUR PRESTIGIOUS SERIES OF SALES TAKING PLACE DURING THE EXHIBITION

LONDON

NEW YORK

HONG KONG

SINGAPORE

LUGANO

WINES & SPIRITS

GUYANA RUMS

16 Demerara 1971, Magnum Distilled in British Guyana at the Enmore Distillery in 1971. Single cask bottling – 108 bottles and 18 magnums only. Bottle 09 of 18. 54%, 150cl (magnum). Starting Price: HK$ 12,500

17 Demerara 1974, 28 Year Old, by Silver Seal Distilled in British Guyana in 1974. Aged 28 years. Bottled in 2003 by Silver Seal. Single cask bottling – Bottle 119 of 470. Wildlife Series No. 1. Front cover illustration “Galah Cockatoos ‘98” by Sarah Adams. 68.5%, 70cl. Starting Price: HK$ 5,800

18 Demerara 1975, Over 37 Year Old, by Silver Seal Distilled in British Guyana at the Port Morant Distillery in 1975. Aged over 37 years. Bottled by Silver Seal in 2013. Single cask bottling – Cask No 2042 – Bottle 155 of 159. 49.9%, 70cl. Starting Price: HK$ 6,500

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JANUARY 16, 2015 - HONG KONG

19 Demerara 1977, 32 Year Old, by Silver Seal Distilled in British Guyana at the Enmore Distillery in 1975. Aged 32 years. Bottled by Silver Seal. Single cask bottling – Bottle 052 of 236. Wildlife Series No. 2. Front cover illustration “Militaries‘98” by Kim Brooks. 64.4%, 70cl. Starting Price: HK$ 6,000

20 Demerara 1988, 21 Year Old, Magnum, by Silver Seal Distilled in British Guyana at the Enmore Distillery in 1988. Aged 21 years. Bottled by Silver Seal. Single cask bottling – Bottle 50 of 60. Widlife Series No. 1. Front cover illustration “Galah Cockatoos ‘98” by Sarah Adams. 50%, 150cl (magnum). Starting Price: HK$ 6,500

WINES & SPIRITS

OTHER RUMS

21 Legend of Cuban Rum, Pre-1962, by Valdespino Distilled in Cuba pre-1962. 45%. Starting Price: HK$ 5,500

22 Caroni 1997, 16 Year Old, Magnum Distilled in 1997 on Trinidad Island by Silver Seal. Aged 16 years. Bottled by Silver Seal in 2013. Single cask bottling. 46%, 150cl (magnum). Starting Price: HK$ 5,800

23 Jamaica 1993, 20 Year Old, by Silver Seal Distilled at the Hampden Distillery in 1993. Aged 20 years. Bottled in 2013 by Silver Seal. Single cask bottling â&#x20AC;&#x201C; Bottle 6 of 10 50%, 150cl (magnum). Starting Price: HK$ 6,000

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JANUARY 16, 2015 - HONG KONG

BANKNOTES, BONDS & SHARE CERTIFICATES AND COINS OF CHINA AND HONG KONG 17 JANUARY 2015 | HONG KONG

1926 Chang Cho Dollar Copper Pattern 民國十五年張作霖銅樣幣

Central Bank of China, One Yuan “Red Fang”, 1936 民國廿五年中央銀行壹元紅牌坊

Hong Kong & Shanghai Bank Corporation $5, 1909 1909年香港上海匯豐銀行伍元

For information , please contact us at: SPINK CHINA | 4&5/F, Hua Fu Commercial Building | 111 Queen’s Road West | Hong Kong 電話：+852 3952 3000 傳真：+852 3952 3038 電郵：china@spink.com WWW.SPINK.COM 27

SCOTTISH

WINES & SPIRITS

SINGLE MALTS

24 Ardbeg 1969, 24 Year Old Distilled at the Ardbeg Distillery (Islay) in 1969. Matured 24 years in sherry wood. Distillery bottled in 1993. The “Van Gogh” Collection. 40%, 70cl. Starting Price: HK$ 13,000

25 Bowmore 1979, Bi-Centenary Edition, 98.8° proof Distilled at the Bowmore Distillery (Islay) Old bottling of Bowmore to celebrate their 200th anniversary. Matured in sherry cask. Bottled at 98.8° proof. 56.2%, 75cl. Starting Price: HK$ 22,000

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JANUARY 16, 2015 - HONG KONG

26 Bowmore 1989, 16 Year Old Distilled at the Bowmore Distillery (Islay) in 1989. Distillery bottled. Limited edition â&#x20AC;&#x201C; Non chill filtered, natural cask strength. 51.8%, 70cl. Starting Price: HK$ 2,500

27 Bowmore 1990, 16 Year Old Distilled at the Bowmore Distillery (Islay) in 1990. Distillery bottled. Limited edition â&#x20AC;&#x201C; Non chill filtered, sherry matured, natural cask strength. 53.8%, 70cl. Starting Price: HK$ 2,400

28 Bowmore 25 Year Old, Small batch release Distilled at the Bowmore Distillery (Islay) in 1990. Matured 25 years in American bourbon and Spanish sherry casks. Small batch release. 43%, 70cl. Starting Price: HK$ 4,000

WINES & SPIRITS

29 Bruichladdich 1964, 32 Year Old, by Samaroli Distilled at the Bruichladdich Distillery (Islay) in 1964. Matured 32 years in sherry cask. Bottled by Samaroli in 1996. Very limited edition– Cask No. 3611 – Bottle 322 of 420. 43%, 70cl. Starting Price: HK$ 8,500

30 Bruichladdich Black Art 1990, Edition 04.1, 23 Year Old Distilled at the Bruichladdich Distillery (Islay) in 1990. Fourth release of the legendary Black Art collection. Matured 23 years Released in 2013. Unpeated. 49.2%, 70cl. Starting Price: HK$ 3,000

31 Bruichladdich Octomore Edition 06.1 Distilled at the Bruichladdich Distillery (Islay). 06.1, aged 5 years, PPM: 167 57%, 70cl. Starting Price: HK$ 2,200 The sixth edition of Bruichladdich’s ‘super heavily peated’ expression Octomore Edition. WWW.SPINK.COM

JANUARY 16, 2015 - HONG KONG

32 Craigduff 1973, 32 Year Old, by Signatory Distilled at the Glen Keith or the Strathisla Distillery (Speyside). Distilled on 04/04/1973. Aged 32 years in a sherry butt. Bottled on 03/11/2005. Single cask bottling. Cask No. 2514 – Bottle 309 of 557. 53.9%, 70cl. Starting Price: HK$ 4,500 Experimental Speyside peated malt by Chivas Brothers produced only in the 1970’s.

33 Dallas Dhu 1980, 30 Year Old, by Signatory Distilled at the Dallas Dhu Distillery (Speyside, closed) Distilled on 11/12/1980. Aged 30 years in a hogshead. Bottled on 15/09/2011. Single cask bottling. Cask No. 2111 – Bottle 080 of 178. 54.7%, 70cl. Starting Price: HK$ 3,800

34 Dalmore 1979 Distilled at the Dalmore Distillery (Highlands) in 1979. Distillery bottled. 47%, 70cl. Starting Price: HK$ 8,800

WINES & SPIRITS

35 Glenburgie 1948 & 1961, The Royal Wedding Reserve, by Gordon & Macphail Distilled in 1948 and 1961 at the Glenburgie Distillery (Highlands). Bottled in 1981 by Gordon & Macphail to commemorate the marriage of the Price of Wales and Lady Diana Spencer on 29th July 1981. 40%, 75 cl. Starting Price: HK$ 6,300

36 Glendronach 1970, 22 Year Old, Reserve Cantarelli, by Signatory Distilled at the Glendronach Distillery (Highlands) on 18/02/1970. Matured 22 years in sherry cask. Bottled by Signatory in June 1992. From casks No. 546/547 – Only 1,200 bottles available. 43%, 70cl. Starting Price: HK$ 6,500

37 Glendronach 1990, 22 Year Old Distilled at the Glendronach distillery (Highlands) on 30/05/1990. Matured 22 years in Pedro Ximenez Sherry Puncheon. Distillery bottled in 06/2012. Single cask bottling – Cask No. 2966 – Bottle No 438 of 539. 55.1%, 70cl. Starting Price: HK$ 2,800 37

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38 Glenesk 1971, 30 Year Old, ‘Missing’, by Signatory Distilled at the Glenesk Distillery (Highlands) in 1971. Matured 30 years. Bottled by Signatory in 2001. Single cask bottling – Bottle 223 of 234. 49%, 70cl. Starting Price: HK$ 5,000

39 Glenfarclas 1978 Distilled at the Glenfarclas Distillery (Highlands) in 1978. Matured 23 years. Bottled on 29th of August 2001. Cask Strength Edition No. 7 – Bottle 383 of 1,200. 52.4%, 70cl. Starting Price: HK$ 4,800

40 Glenfiddich Private Vintage, 1990 Distilled, natured and bottled at the Glenfiddich Distillery (Speyside). Bottled exclusively for Glenfiddich & Friends – 239 bottles only. Cask No. 36112 – Bottle 006 of 239. Wooden box. 52.3%, 70 cl. Starting Price: HK$ 5,200

WINES & SPIRITS

41 Glenlivet 1997, 16 Year Old, by Signatory Distilled at the Glenlivet Distillery (Speyside) in 1997. Matured 16 years in sherry cask. Bottled by Signatory. Single cask bottling – Cask No. 48050 – Bottle 584 of 593. 59%, 70cl. Starting Price: HK$ 1,500

42 Glenlochy 1980, 31 Year Old, by Signatory Distilled at the Glenlochy Distillery (Highlands, closed) Distilled on 04/09/1980. Aged 31 years in a hogshead. Bottled on 15/09/2011. Single cask bottling. Cask No. 2825 – Bottle 030 of 246. 57.1%, 70cl. Starting Price: HK$ 3,200

43 Glenlossie 1970, 16 Year Old Distilled at the Glenlossie Distillery (Speyside) in 1970. Matured 16 years. Distillery bottled. 43%, 75 cl. Starting Price: HK$ 4,300 About Glenlossie Distillery While its whiskies are known by a few connoisseurs only, the Glenlossie Distillery is remarkable. It was founded in 1876 by one of the biggest names in the whisky world back then, Mr John Duff, former manager at Glendronach and founder of the Longmorn and Benriach distilleries. Glenlossie is considered as a top class malt whisky by blenders and is an essential ingredient of the Haig blends. 43

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44 Glenmorangie 1971 Distilled at Glenmorangie Distillery (Highlands) in 1971. Aged in oak casks. Limited vintage bottling. Wooden box. 43%, 70cl. Starting Price: HK$ 8,500

45 Glenmorangie 1975 Distilled at Glenmorangie Distillery (Highlands) in 1975. Aged in oak casks. Limited vintage bottling. Wooden box. 43%, 75cl. Starting Price: HK$ 5,500

46 Glen Moray 1962 Distilled at the Glen Moray Distillery (Speyside) in 1962. Distillery bottled. 43%, 75cl. Starting Price: HK$ 10,000

WINES & SPIRITS

47 Glen Rothes 1995, 18 Year Old, by Signatory Distilled in 1995 at the Glen Rothes Distillery (Speyside). Matured 18 years in sherry cask. Bottled by Signatory. Single cask bottling – Cask No. 6183 – Bottle 309 of 618. 55.2%, 70cl. Starting Price: HK$ 1,500

48 Highland Park 1952, 25 Year Old, Queen Silver Jubilee, by Gordon & Macphail Distilled in 1952 at the Highland Park Distillery (Island). Matured 25 years. Bottled in 1977 by Gordon & Macphail for the Queen's Silver Jubilee in 1977. 70° proof (40%), 26 2/3 Fl. Oz. Starting Price: HK$ 9,800

49 Inverleven 1977, 34 Year Old, by Signatory Distilled at the Inverleven Distillery (Lowlands, closed) Distilled on 14/09/1977. Aged 34 years in a bourbon barrel. Bottled on 02/11/2011. Single cask bottling. Cask No. 3605 – Bottle 002 of 162. 48.7%, 70cl. Starting Price: HK$ 4,000 49

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50 Laphroaig 1991, 23 Year Old Distilled and bottled at the Laphroaig Distillery (Islay). Distilled in 1991. Matured 23 years. 52.6%, 70cl. Starting Price: HK$ 4,000

51 Linlithgow 1982, 28 Year Old, by Signatory Distilled at the Linlithgow Distillery (a.k.a. St Magdalene, Lowlands, closed). Distilled on 05/10/1982. Aged 28 years in a wine treated butt. Bottled on 15/06/2011. Single cask bottling. Cask No. 2202 – Bottle 068 of 351. 63.1%, 70cl. Starting Price: HK$ 3,500

52 Longmorn 1996, 17 Year Old, by Signatory Distilled at the Longmorn Distillery (Speyside) in 1996. Matured 17 years in sherry cask. Bottled by Signatory. Single cask bottling – Cask No. 105093– Bottle 534 of 597. 60.8%, 70cl. Starting Price: HK$ 1,500

53 Longrow 1990 Distilled at the Spingbank Distillery (Campbeltown) in March 1990. Distillery bottled in February 2008. Single cask bottling – Cask No. 178. 54.3%, 70cl. Starting Price: HK$ 3,300 Longrow is the peaty single malt produced at Springbank in Campbeltown. 39

WINES & SPIRITS

54 The Macallan Replica Edition 1876 Distilled by The Macallan Distillers (Speyside). Distilled in the 1990â&#x20AC;&#x2122;s. Distillery bottled. Replica of the bottle, nose and flavour of an original Macallan bottling from the Victorian era, dating 1876. 40.6%, 70cl. Starting Price: HK$ 4,300

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JANUARY 16, 2015 - HONG KONG About The Macallan Red Ribbon Very rare bottling of The Macallan single malt which was distilled in 1950 and bottled during the early 1980s. A red ribbon adorns this highly collectible vintage bottle, presented with a stunning wooden presentation case.

55 The Macallan 1950, Red Ribbon Distilled at The Macallan Distillers (Speyside) in 1950. Wooden presentation case. Bottle No. 1315. 43%, 75cl. Starting Price: HK$ 38,000

WINES & SPIRITS

About The Macallan Anniversary Malt series The Macallan Anniversary Malt series was a series of very rare 25 year old bottlings by The Macallan released in the 1980â&#x20AC;&#x2122;s and 1990â&#x20AC;&#x2122;s. The whiskies show incredible expressions of old-school, well-aged, sherried spirit from Macallan and come in high quality wooden presentation boxes with certificate of origin. The series stopped in 2004.

56 The Macallan Anniversary Malt, 1964, 25 Year Old Distilled by The Macallan Distillers (Speyside) in 1964. Matured 25 years. Distillery bottled in 1989 43%, 75cl. Starting Price: HK$ 20,000

57 The Macallan Anniversary Malt, 1972, 25 Year Old Distilled by The Macallan Distillers (Speyside) in 1972. Matured 25 years. Distillery bottled in 1998. Wooden box. 43%, 75cl. Starting Price: HK$ 18,000

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58 Macallan 1966, 30 Year Old, by Signatory Distilled by The Macallan Distillers (Speyside) on 16/06/1966. Bottled by Signatory on 19/03/1997. Single cask bottling – Cask No. 4174 – Bottle 130 of 215. 50.1%, 70cl. Starting Price: HK$ 8,000

59 Macallan 1968, 34 Year Old, by Celtic Heartlands Distilled at The Macallan Distillers(Speyside) in 1968. Bottled by Jim McEwan in 2002 – only 722 bottles. Comes in presentation box. 40.2%, 70cl. Starting Price: HK$ 11,500 The prestigious Celtic Heartlands collection is renowned Master Distiller Jim McEwan’s independent bottlings series. Jim McEwan, who has over 40 years in the whisky industry, is one of the most affluent whisky expert in Scotland. All of Celtic Heartlands’ bottling come in high-end presentation cases and are in very high demand amongst collectors and connoisseurs.

WINES & SPIRITS

60 Macallan 1971, 24 Year Old, by Samaroli Distilled at the Macallan Distillery (Speyside) in 1971. Bottled by Samaroli in 1995. From casks No. 16/17 â&#x20AC;&#x201C; Bottle 519 of 540. Illustrated label. 46%, 70 cl.Â Starting Price: HK$ 12,500

61 Macallan 1972, Samaroli Distilled at the Macallan Distillery (Speyside) in 1972. Matured in sherry wood. Bottled by Samaroli. Very limited edition - Bottle 055 of 460 56.5%, 70cl. Starting Price: HK$ 9,500

62 Macallan 1977, by Samaroli Distilled at the Macallan Distillery (Speyside) in 1977. Matured in sherry wood. Bottled by Samaroli. 46%, 70cl. Starting Price: HK$ 7,000

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63 Macallan 1977, 32 Year Old, Crystal Decanter, by Silver Seal Distilled by The Macallan Distillers (Speyside) in 1977. Matured 32 years. Bottled by Silver Seal in 2009. In Victorian Globe and Shaft Decanter, English, c. 1890. 49.4%, 75cl.

Starting Price: HK$ 30,000

WINES & SPIRITS

64 The Macallan 1986, 18 Year Old Distilled and bottled by The Macallan Distillers (Speyside). Distilled in 1986. Matured 18 years in sherry wood. Distillery bottled. 43%, 75cl. Starting Price: HK$ 7,000

65 Macallan 1989, 24 Year Old, by Signatory Distilled at the Macallan Distillery (Speyside) in 1989. Matured 24 years. Bottled in 2014 by Signatory. Single cask bottling – Bottle 031 of 198. ‘Whisky is Art’ Collection. Coliseum label. 54.4%, 70cl. Starting Price: HK$ 5,000

66 Macallan 1990, Millenium Edition, by Signatory Distilled at the Macallan Distillery (Speyside) in 1990. Matured 9 years in sherry butt. Bottled in 1999 by Signatory. Single cask bottling – Cask No. 10037 – Bottle 275 of 430. 43%, 1,5l (magnum). Starting Price: HK$ 5,800

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67 Rosebank 15 Year Old, Reserve G. Paolo Bonfanti Old bottling (est. 1980’s) by Rosebank Distillery (Lowland, closed distillery). Special reserve bottled for major Italian importer Zenith Italia s.a.s of G.P. Bonfanti & C. Milan. Only 4,000 bottles were bottled at cask strength – Bottle 0711 of 2400. 61%, 75 cl. Starting Price: HK$ 8,500

68 Rosebank 1992, 21 Year Old Distilled at the Rosebank Distillery (Lowland, closed distillery) in 1992. Special release by owner Diageo in 2014. Bottle 3210 of 4,530. 55.3%, 70cl. Starting Price: HK$ 5,000

69 Springbank 1962 Very old bottling of Springbank. Distilled in 1962 at the Springbank Distillery (Campbeltown). 46%, 75cl. Starting Price: HK$ 21,000

WINES & SPIRITS

70 Talisker 1967, by Gordon & Macphail Distilled at the Talisker Distillery (Islay) in 1967. Extremely rare bottling at a full 100° proof by Gordon & Macphail in the 1980’s. 57.1%, 75cl. Starting Price: HK$ 13,500

71 Talisker 25 Year Old Distilled and bottled at the Talisker Distillery (Islay). Matured 25 years. Bottled in 2011 – Bottle 3185 of 5946. 45.8%, 70cl. Starting Price: HK$ 3,500

72 Talisker 30 Year Old Distilled and bottled at the Talisker Distillery (Islay). Matured 25 years. Bottled in 2012 – Bottle 0031 of 3186. 45.8%, 70cl. Starting Price: HK$ 4,800

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BLENDED SCOTCH 73 John Walker’s Oldest Blended Scotch Whisky. A blend of whiskies aged between 15 and 60 years. Very old bottling by John Walker & Sons Ltd which was the first appearance of what became Johnnie Walker Blue Label in the 1970’s. Bottle No. A46141 JW. Original box. Box a little tattered. 43%, 75cl. Starting Price: HK$ 4,000

SIX AUCTIONS A YEAR HELD IN HONG KONG & SINGAPORE Spink Fine Wines champion authenticity whilst carefully selecting the ﬁnest Wines and Spirits from around the World. Sourcing ex-château or directly from the closest customers and partners, Spink aims to optimize the traceability of what they oﬀer in auction. Contact us today for more information on buying or selling with Spink Fine Wines; VINCENT CLEME | Tel: +852 3952 3000| Fax: +852 3952 3038 | Email: vcleme@spink.com SPINK CHINA | 4/F Hua Fu Commercial Building | 111 Queen's Road West | Sheung Wan | Hong Kong

japanese

WINES & SPIRITS

74 Karuizawa Club, by Mars Whisky Blended whisky. Distilled at the Shinshu Mars Distillery. Bottled for liquor Shop Takagi. 39%, 72cl. 2 bottles. Starting Price: HK$ 3,000 (2 bottles) About Mars Whisky Mars whisky is produced at the Shinshu Mars distillery located at 798 meters above sea level in Miyata village in the Japanese prefecture of Nagano. It was built in 1985 by its parent, Hombo Shuzo (“Hombo Brewing”) that is famous for their shochu and plum wines. The distillery stopped whisky production in 1992 due to a decrease in demand; however production was resumed in 2011 following a recovery of the Japanese whisky market. (Source: http://www.connosr.com/)

75 Super Nikka, Ceramic Blended whisky. Ceramic decanter featuring a map of Japan from the end of the 18th century from the controversial book Sangoku Tsūran Zusetsu published by Hayashi Shihei in Japan in 1785 which attempted to define Japan for the first time in terms of its outer boundaries and vis a vis its neighboring countries. 43%, 60%. Starting Price: HK$ 3,000 About Super Nikka One of Nikka’s classic brands, Super Nikka has been a top seller since it was put on the market in 1962. (Source: www.nikka.com)

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76 Suntory Whisky, All Nippon Airways, Ceramic Blended whisky by Suntory Ltd. Special edition released in Kanagawa only to celebrate the 30th anniversary of All Nippon Airways (1982-2012). Blue ceramic bottle. Comes in a blue carton box, slightly torn. 43%, 76cl. Starting Price: HK$ 3,500

77 Suntory, Special Reserve, 18 Year Old Blended whisky by Suntory Ltd. A rare blend of specially reserved malt whiskies pot distilled and aged by Suntory Ltd at the Yamazaki Distillery. Â Starting Price: HK$ 3,800

WINES & SPIRITS

78 Suntory Excellence, “Rare Old”, Guaranteed 30 Year Old Blended whisky by Suntory Ltd. Distilled in pot stills at the Yamazaki Distillery. Rare old bottling. Fully matured in sherry cask. 43%, 75cl. Starting Price: HK$ 4,500

79 Suntory Old Whisky Blended whisky by Suntory Ltd. Old bottling. 86° Proof , 1 U.S. Quart. Starting Price: HK$ 2,000

80 Suntory Whisky Royal, Piano Blended whisky by Suntory Ltd. Piano shaped glass bottle. Comes with a piano shaped presentation case. Original Box. 43%, 60cl. (special format) Starting Price: HK$ 3,000 80

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81 Nikka, 15 Year Old Single malt. Matured 15 years. Single cask bottling â&#x20AC;&#x201C; Cask No. 106722. 61%, 50cl. (special format) Starting Price: HK$ 3,000

82 Suntory Whisky White Single malt. Distilled in pot still and matured in Yamazak. 43%, 75cl. Starting Price: HK$ 2,500

83 Suntory Pure Malt Whisky, Yamazaki Single Malt. Distilled in pot stills in Yamazaki. Golden bottle. Comes in a presentation box. With certificate. 43%, 76cl. Starting Price: HK$ 8,000

WINES & SPIRITS

84 Hibiki 21 Year Old, Ceramic Blended whisky by Suntory Ltd. Ceramic bottle. Flowers illustration. Comes in a red presentation box. With certificate. Box tapped in the back. 43%, 60cl. Starting Price: HK$ 8,000

85 Hibiki 21 Year Old, Ceramic Blended whisky by Suntory Ltd. Ceramic bottle. Comes in a blue presentation box. With certificate. 43%, 60cl. Starting Price: HK$ 8,000

86 Suntory Whisky, 21 Year Old, Ceramic Blended whisky by Suntory Ltd. Ceramic bottle. Comes in a blue presentation case. With certificate. Box discoloured in the front. 43%, 60cl. Starting Price: HK$ 7,000

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87 Hibiki 21 Year Old, Ceramic Blended whisky. Released in 2012 by Suntory Ltd. Ceramic bottle. Comes in a wooden box. With certificate. 43%, 60cl. Starting Price: HK$ 6,000

88 Hibiki 21 Year Old, 九谷焼 (青手吉祥文六角瓶),

Ceramic Blended whisky. Released in 2013 by Suntory Ltd. Ceramic bottle. Comes in a wooden box. With certificate. 43%, 60cl. Starting Price: HK$ 5,500

89 Hibiki 21 Year Old, Ceramic Blended whisky. Released in 2014 by Suntory Ltd. Ceramic bottle. Comes in a wooden box. With certificate. 43%, 60cl. Starting Price: HK$ 5,500

WINES & SPIRITS

響為慶祝2015新年特別出品 90 Hibiki 21 Year Old, Ceramic Blended whisky by Suntory Ltd. Ceramic bottle. New release – for the Year 2015! Comes in a wooden presentation case. With certificate. 43%, 60cl. Starting Price: HK$ 7,000

91 Hibiki 21 Year Old, Ceramic Blended whisky by Suntory Ltd. Ceramic bottle. Peacock illustration. Comes in a wooden presentation case. With certificate. 43%, 60cl. Starting Price: HK$ 7,000

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92 Hakushu 1992 Single malt. Distilled at the Hakushu Distillery in 1992. Matured in hogshead. Bottled in 2011. Single cask bottling. Cask No. 2B 40276 â&#x20AC;&#x201C; Bottle 069 of 253. In box with certificate. 57%, 70cl. Starting Price: HK$ 4,000

93 Hakushu 1999 Single malt. Distilled at the Hakushu Distillery in 1999. Bottled in 2014. Single cask bottling. Cask No. DE 00157 â&#x20AC;&#x201C; Bottle No. 022. In box with certificate. 54%, 70cl. Starting Price: HK$ 7,000

WINES & SPIRITS

About Ichiro Akuto The Akuto family history goes back all the way to the beginning of the 17th century. The Akuto family has been producing sake in the village of Chichibu since 1626 and Ichiro Akuto represents the family’s 21st generation. Ichiro Akuto’s grandfather was the founder and distiller of the lamented closed Hanyu Distillery which went through financial problems at the end of the 20th century and turned silent in 2000. The whisky distillery equipment was dismantled in 2004 and purchased by Ichiro with the hope to later in life lay foundation to a malt whisky distillery of his own, which he finally did in 2008 by founding the Chichibu Distillery.

94 Ichiro’s Malt “Card”, Queen of Clubs Single malt. Distilled in 1988 at the Hanyu Distillery (closed distillery). Matured 20 years. Finished in New American Oak Hogshead. Bottled in 2008 by Ichiro Akuto. Single cask bottling – Cask No. 7003 – Bottle 242 of 330. 56%, 70cl.

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Starting Price: HK$ 18,000

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95 Ichiro’s Malt “Card”, Ten of Diamonds Single malt. Distilled in 1990 at the Hanyu Distillery (closed distillery). Matured 21 years. Finished in American Oak Puncheon. Bottled in 2011 by Ichiro Akuto at the Chichibu Distillery. Single cask bottling – Cask No. 527 – Bottle 375 of 585. 54.9%, 70cl. 96 Ichiro’s Malt “Card”, Five of Spades Single malt. Distilled in 2000 at the Hanyu Distillery (closed distillery). Matured 8 years. Finished in American Oak Refill Sherry Butt. Bottled in 2008 by Ichiro Akuto at the Chichibu Distillery. Single cask bottling – Cask No. 9601 – Bottle 466 of 632. 60.5%, 70cl. 97 Ichiro’s Malt “Card”, Five of Diamonds Single malt. Distilled in 2000 at the Hanyu Distillery (closed distillery). Matured 12 years. Finished in Sherry Butt. Bottled in 2012 by Ichiro Akuto at the Chichibu Distillery. Single cask bottling – Cask No. 1305 – Bottle 021 of 652. 57.7%, 70cl.

Starting Price: HK$ 15,000

WINES & SPIRITS

98 Ichiro’s Choice, Kawasaki 1976 grain whisky Single grain whisky. Distilled in 1976 at the Kawasaki Distillery (closed distillery). Matured 33 years. Finished in Refill Sherry Butt. Bottled in 2009 by Ichiro Akuto at the Chichibu Distillery. Single cask bottling – Bottle 400 of 432. 65.6%, 70cl. Starting Price: HK$ 15,000

99 Ichiro’s Blend 33 Year Old Blended whisky. Distilled at the Hanyu Distillery (closed distillery). Blended by Ichiro Akuto at the Chichibu Distillery. 48%, 70cl. Starting Price: HK$ 10,000 The oldest Japanese blended whisky ever released!

100 Ichiro’s Malt, Houou-uhi (鳳凰于飛) Blended whisky. Blend of Hanyu single malts (12 year old & 20 year old) and Kawasaki single grain whiskies (30 year old, 32 year old & 35 year old). Both Hanyu & Kawasaki are legendary discontinued distilleries. Special release exclusively for Isetan in 2013. 46.5%, 70cl. Starting Price: HK$ 2,800 100100

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101 Ichiro’s Malt, 10th Whisky Live Japan Single malt. Distilled in 1991 at the Hanyu Distillery (closed distillery). Aged 18 years in Mizunara cask. Bottled in 2009. Single cask bottling – Cask No. 369. 57.3%, 70cl. Starting Price: HK$ 8,000

101

102 Ichiro’s Malt, Cask Strength, Aged 23 Years Single malt. Distilled in 1985 and 1986 at the Hanyu Distillery (closed distillery). Matured 23 years in sherry wood. Comes in quality presentation case. 58%, 70cl. Starting Price: HK$ 7,000

102

103 Ichiro’s Malt, Chichibu Single malt. Distilled at the Chichibu Distillery in 2008. Matured in bourbon barrel. Bottled in 2014. Single cask bottling – Cask No. 206 – 215 bottles only. 61.3%, 70cl. Starting Price: HK$ 3,500 103

WINES & SPIRITS

104 Karuizawa 17 Year Old Single malt. Old Release. Closed Distillery. Shaped decanter with sphere stopper. No Box. 40%, 70cl. Starting Price: HK$ 5,000

104

105

105 Karuizawa, Kohaku, 10 Year Old Single malt. Distilled at the Karuizawa Distillery (closed distillery). Matured 10 years in sherry butt. 40%, 70cl. Starting Price: HK$ 5,500

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106 Karuizawa, Master’s Blend, 10 Year Old Blended whisky. Distilled at the Karuizawa Distillery (closed distillery). Matured 10 years . 40%, 70cl. Starting Price: HK$ 4,500

106

107 Karuizawa, Memories of Karuizawa, Vintage 1996 Single malt. Distilled at the Karuizawa Distillery (closed) in 1996. Matured 16 years. Bottled in 2013. Single Cask Bottling – Cask No. 3684. Original carton box. 61.8%, 70cl. Starting Price: HK$ 5,000 Third edition of the Memories of Karuizawa series

107

108 Mars Maltage 3 plus 25, 28 Year Old Single malt. Distilled in 1983 and aged for 3 years at the Kagoshima Distillery (closed in 1985). Carefully selected and aged for 25 years at the Shinshu Mars Distillery. Released in 2013 - Limited release of 3800 bottles. 46.0%, 70cl. Starting Price: HK$ 4,000 Mars Maltage 3 Plus 25 was awarded as World’s Best Blended Malt Whisky in WWA2013 108

WINES & SPIRITS

109 Yamazaki 1999 Single malt. Distilled in 1999. Bottled in 2009. Single cask bottling – Cask No. DS70324 – Bottle No. 011. With box & certificate. 59%, 70cl. Starting Price: HK$ 4,000

109

110 Yamazaki 1999 Single malt. Distilled in 1999. Bottled in 2012. Special release for the 35th anniversary of the Ikebukuro Tobu Department Store and the 50th anniversary of NEXT. Matured in hogshead. Single cask bottling. Cask No. DX 70502 – Bottle No. 132. With box & certificate. 51%, 70cl. Starting Price: HK$ 3,000

110

111 Yamazaki Limited Edition 2014 Single malt. Limited Edition 2014 – no age statement. The Yamazaki Limited Edition 2014 is composed of three single malts: - a single malt aged 20 years in European oak sherry casks - a single malt aged 20 years in European oak port wine casks - a young single malt aged in American white oak bourbon barrels 43%, 70cl. Starting Price: HK$ 2,400

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111

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COGNACS &

WINES & SPIRITS

ARMAGNACS

112 Sempé Armagnac, The Crown of Napoléon, Old Ceramic Old bottling of Sempé armagnac. Crown shaped ceramic decanter and eagle shaped ceramic stopper. Comes with presentation pedestal and outer box. Inside of the box a little tattered. 40%, 75cl. Starting Price: HK$ 1,500 112

113 Sempé Armagnac, Very Old Imperial Reserve, Baccarat Decanter Very old reserve Armagnac by Sempé. Old bottling. Crown shaped Baccarat crystal decanter and eagle shaped Baccarat crystal stopper. Comes with presentation pedestal and background featuring the Coronation of Napoléon. Pedestal and background a little tattered. No outer box. 40%, 75cl. Starting Price: HK$ 4,000 113

About Sempé Sempé is one of the oldest and one of the most well-known Armagnac merchant houses. Founded in 1934, it is a house which is both attached to traditions and respecting his ancestral know-how of Armagnac and to modernity & innovation with superb presentations and innovative technics. All Sempé armagnacs are traditionally distilled once only and the eaux de vie come mainly from the Lower Armagnac, the most renowned area, putting emphasis on both balance and finish.

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COGNACS 114 Camus Napoléon, Vieille Réserve Cognac Blend of very old cognacs. Old type bottle – Bottle No. L24807. 40%, 70cl. Starting Price: HK$ 1,500

114

115 Courvoisier VSOP, Old Type Old type bottle. Estimated 1970’s. 40%, 70cl. Starting Price: HK$ 1,500

115

116 Courvoisier, Extra Vieille, Baccarat Decanter Grande Fine Champagne cognac (100% Grande Champagne). Extra Old (‘Extra Vieille’). Bottled and released in the 1970’s (est.) Baccarat crystal decanter and stopper. Original green velvety boxed, stained on the front. 40%, 75 cl. Starting Price: HK$ 4,500

116

WINES & SPIRITS

117 Hennessy VSOP Réserve (1970’s) Old Edition. Estimated 1970’s. Customs stamp mark on the front label. 40%, 70cl. Starting Price: HK$ 2,000

117

118 Hennessy VSOP Fine Champagne (1970’s) Fine Champagne Cognac (Blend of Grande Champagne & Petite Champagne cognac terroirs). Old Edition. Estimated 1970’s. In its presentation box. 40%, 70cl. Starting Price: HK$ 1,500

118

119 Hennessy Napoléon (1970’s) Hennessy Napoleon replaced Bras D’Or in the 1970’s. Blend of cognacs aged between 5 to 25 years. Bottle No. 847148E. 40%, 70cl. Starting Price: HK$ 2,500

119

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120 LOUIS XIII (Released in 1980’s), with degustation glass Baccarat crystal decanter – Carafe N° C 4988. Comes in old type red treasure chest presentation case, including a LOUIS XIII degustation glass. 40%, 70cl. Starting Price HK$ 18,500

120

121 Rémy Martin, Centaure Cristal Fine Champagne Cognac (Blend of Grande Champagne & Petite Champagne cognac terroirs). Released in the 1980’s. Baccarat crystal decanter & stopper. Comes in a green velvet box with certificate. Decanted on 12th of January 1981 - Bottle No. A4401. 40%, 70cl. Starting Price: HK$ 5,500 118

CONDITIONS OF BUSINESS Spink China Ltd (hereafter referred to as Spink) and Buyer hereby agree to the following Terms and Conditions for auctions conducted by Spink China Ltd. 1 The Buyer The highest bidder shall be the Buyer at the ‘hammer price’ and any dispute shall be settled at the auctioneer’s absolute discretion. Every bidder shall be deemed to act as principal unless there is in force a written acknowledgement by Spink that he/she acts as agent on behalf of a named principal. 2 The Premium The buyer shall pay to Spink a premium of 22% of the hammer price on all lots. 3 Bidder Registration Bidding is strictly by paddle only. All floor bidders are requested to register prior to bidding. You must complete and sign a registration form and provide an identification before making a bid at auction. Please be aware that we usually require buyers to undergo a credit check. 4 Payment After a lot is sold the Buyer must pay to Spink the ‘total amount due’ within seven days after the date of the sale. Any payments by a Buyer to Spink may be applied by Spink towards any sums owing from that Buyer to Spink on any account whatever without regard to any directions of the buyer or his agent, whether express or implied. 5 Ownership The ownership of the lot purchased shall not pass to the buyer until he has made payment in full to Spink of the ‘total amount due’. 6 Collection of Purchases (a) The Buyer shall at his own expense take away the lot purchased not later than 7 working days after the day of the auction but not before payment to Spink of the ‘total amount due’. (b) The buyer shall be responsible for any removal, storage and insurance charges on any lot not taken away within 8 working days after the day of the auction. Please refer to the table explaining additional costs depending on where lots are lying. 7 Buyers responsibilities for lots purchased The buyer will be responsible for loss or damage to lots purchased from the time of collection or the expiry of 7 working days after the day of the auction, whichever is the sooner, and neither Spink nor its respective staff or agents shall thereafter be responsible for any loss or damage of any kind, whether caused by negligence or otherwise, while any lot is in their custody or under their control. It is the responsibility of the Buyer to be aware of any Import Duties that may be incurred upon importation to the final destination. Spink will not accept return of any package in order to avoid these duties. The onus is also on the Buyer to be aware of any Customs import restrictions that prohibit the importation of certain collectibles. Spink will not accept return of the Lot(s) under these circumstances. Spink will not accept responsibility for lots seized or destroyed by Customs. If the Buyer requires delivery of the lot to an address other than the invoice address this will be carried out at the discretion of Spink. 8 Remedies for non-payment or failure to collect purchases If any lot is not paid for in full and taken away in accordance with Conditions 4, 6 and 7. or if there is any other breach of either of those Conditions, Spink as agent of the Seller shall, at

its absolute discretion and without prejudice to any other rights they may have, be entitled to exercise one or more of the following rights and remedies: (a) to proceed against the Buyer for damages for breach of contract; (b) to rescind the sale of that or any other lots sold to the defaulting buyer at the same or any other auction; (c) to re-sell the lot or cause it to be re-sold by public auction or private sale and the defaulting Buyer shall pay to Spink any resulting deficiency in the ‘total amount due (after deduction of any part payment and addition of re-sale costs) and any surplus shall belong to the Seller; (d) when reselling the Lot, place a notice in our catalogue stating that you successfully purchased the Lot at auction but have subsequently failed to pay the Hammer Price of the Lot; or (e) to remove, store and insure the lot at the expense of the defaulting Buyer and, in the case of storage, either at Spink or elsewhere; (f) to charge interest at a rate of 2% per month on the ‘total amount due’ to the extent it remains unpaid for more than 7 working days after the day of the auction; (g) to retain that or any other lot sold to the same Buyer at the same or any other auction and release it only after payment of the ‘total amount due; (h) to reject or ignore any bids made by or on behalf of the defaulting Buyer at any future auctions or obtain a deposit before accepting any bids in future; (i) to apply any proceeds of sale then due or at any time thereafter becoming due to the defaulting Buyer towards settlement of the ‘total amount due’ and to exercise a lien on any property of the defaulting Buyer which is in Spink possession for any purpose. 9 Use of Default Information If you fail to make payment for a Lot in accordance with these Terms and Conditions 9.1 we reserve the right to refuse you the right to make bids for any future auction irrespective of whether previous defaults have been settled; and 9.2 you consent to us disclosing details of such default to other auctioneers and live bidding platforms, which will include your name, address, nature of the default and the date of the default. Auctioneers or live bidding platforms who receive details of the default may rely on such information when deciding whether to enter into a transaction with you in the future. 10 Liability of Spink and Sellers All goods are sold “AS IS”. Illustrations in catalogues are for identification only. Buyers should satisfy themselves prior to the sale as to the conditions of each lot and should exercise and rely on their own judgment as to whether the lot accords with its description. 11 Unsold Lots Spink reserves the right to charge commission up to one-half of the ‘stated rates’ calculated on the ‘reserve price’ and in addition ‘expenses’ in respect of any unsold lots. 12 Spink sells as agent for the seller and as such is not responsible for any default by Seller or Buyer. 13 Any representation or statement by Spink in any catalogue as to authorship, attribution, genuineness, origin, date, age, provenance, condition or estimated selling price is a statement of opinion only. Every person interested should exercise and rely on his own judgment as to such matters and neither Spink nor its respective staff or agents are responsible for the correctness of such opinions.

14 While the interests of prospective Buyers are best served by attendance at the auction, Spink will, if so instructed, execute bids on their behalf, neither Spink nor its respective staff or agents being responsible for any neglect or default in doing so or for failing to do so. 15 Spink shall have the right at its discretion to refuse admission to its premises or attendance at its auctions to any person. 16 Spink has absolute discretion without giving any reason to refuse any bid, to divide any lot to combine any two or more lots, to withdraw any lot from the auction and in case of dispute to put up any lot for auction again. 17 USE OF YOUR PERSONAL INFORMATION 17.1 We will use the personal information you provide to us to: 17.1.1 process the bids you make on Lots (whether successful or otherwise) and other auction related services we provide; 17.1.2 process your payment relating to a successful purchase of a Lot; 17.1.3 arrange for delivery of any Lot you purchase, which will include passing your details to shipping providers and, on overseas deliveries, to customs where they make enquiries regarding the Lot; 17.1.4 inform you about similar products or services that we provide, but you may stop receiving these at any time by contacting us. 17.2 In accordance with clause 3, you agree that we may pass your information to credit reference agencies and that they may keep a record of any search that they do. 17.3 In accordance with clause 9, you agree that where you default on making payment for a Lot in accordance with these terms and conditions we may disclose details of such default to other auctioneers and live bidding platforms. 17.4 We are also working closely with third parties (including, for example, other auctioneers and live bidding platforms) and may receive information about you from them. 18 (a) Any indemnity under these Conditions shall extend to all actions, proceedings, costs, expenses, claims and demands whatever incurred or suffered by the person entitled to the benefit of the indemnity. (b) Spink declares itself to be trustees for its respective relevant staff and agents of the benefit of every indemnity under these Conditions to the extent that such indemnity is expressed to be for the benefit of its staff and agents. 19 Any notice by Spink to a seller, consignor, prospective bidder or buyer may be given by pre-paid mail in Hong Kong or airmail outside Hong Kong and if so given shall be deemed to have been duly received by the addressee one week after posting. 20 These Conditions shall be governed by and construed in accordance with Hong Kong law. All transactions to which these Conditions apply and all matters connected therewith shall also be governed by Hong Kong law. Spink hereby submits to the exclusive jurisdiction of the Hong Kong courts and all other parties concerned hereby submit to the nonexclusive jurisdiction of the Hong Kong courts. 21 In these Conditions of business:(a) ‘catalogue’ includes any advertisement, brochure, estimate, price list and other publication; (b) ‘hammer price’ means the price at which a lot is knocked down by the auctioneer to the Buyer;

(c) ‘total amount due’ means the ‘hammer price’ in respect of the lot sold together with any premium and additional charges and expenses due from a defaulting buyer in Hong Kong dollars; (d) ‘sale proceeds’ means the net amount due to the seller being the ‘hammer price’ of the lot sold less commission at the ‘stated rates and ‘expenses’ and any other amounts due to Spink by the seller in whatever capacity and howsoever arising; (e) ‘expenses’ in relation to the sale of any lot means Spink charges and expenses for insurance, illustrations, special advertising, packing and freight of that lot. 22 The headings in these Conditions do not form part of the Conditions but are for convenience only. NOTICE Bids If instructed, Spink will execute bids, and advise the intending purchaser. Lots will always be bought as cheaply as is allowed by such other bids or reserves as are on Spink books. Bids may be placed in writing before the commencement of the sale by giving to Spink a bid form for the lot, duly filled in with the name, contact phone number(s), full address of the Buyer, number of the lot, and amount of the bid in Hong Kong dollars. All bids when placed by telephone are accepted only at the sender’s risk, and must be confirmed to Spink in writing, or by facsimile, before the sale. Clearance of Purchases In order to avoid delay in clearing purchases, Buyers unknown to Spink are advised to make arrangements before the sale for payment or for references to be supplied. If such arrangements are not made, checks will be cleared before purchases are delivered. Purchase by Non-Residents Purchases made by non-residents in Hong Kong may be exported on the instructions of the Buyer at his expense. Shipping instructions may be given upon payment to Spink. Currency Converter A currency converter will be operated at our auctions but only for the guidance of bidders. All foreign currency amounts displayed are approximations based on recent exchange rate information and may not be relied upon to calculate any invoices or statements. Spink assumes no responsibility for any error or omission in foreign or Hong Kong currency amounts shown. THE SALE WILL BE CONDUCTED IN HONG KONG DOLLARS Carriage / Insurance / Collection Wines that are lying in Hong Kong at the time of the auction can be collected from the Spink China Ltd office if instructions have been received. The purchases can also be exported out of Hong Kong at the Buyer’s expense. Wines that are lying outside of Hong Kong at the time of the auction can be exported to a local address or a foreign address at the Buyer’s expense. Buyer’s should insure their purchase. Spink shall not be held responsible for any damage occurred during transportation.

Carriage / Insurance / Collection cont. Location of the Lot

Collection in Hong-Kong

Collection in the UK

Collection outside of Hong-Kong

Hong-Kong wine duty & tax free

London (UK) wine/spirit duty & tax free (in bond)

Collection from Spink Hong-Kong Office Collection from Shipping is payable Spink Office A separate quotation can be provided Collection from Spink London Office Delivery is payable outside of London Local Goods & Services tax and duty are payable prior to delivery Shipping is Shipping is payable payable A separate quotation can Local Goods & be provided Services tax and Local Goods & Services tax and duty if any are duty if any are payable prior to delivery payable

GUIDE FOR ABSENTEE BIDDERS ABSENTEE BIDS If you are unable to attend an auction in person, and wish to place bids, you may consider instructing Spink Bid Department to bid on your behalf. Upon receiving your written instructions, our representative will make every effort possible to try to acquire the lot(s) of your choice at the lowest price possible, and never to exceed the top limit you indicate. This service is complimentary and with strict confidence. Spink offer this value-added service as a convenience to our clients who are unable to attend the auction, however, Spink Ltd will not be held responsible for error, omission or failure to execute bids. PLACING ABSENTEE BIDS To place bids, please use the absentee bid form provided in the catalogue. Be sure to accurately record the lot number(s) and the top price you are willing to pay for each lot. “Buy” bids will not be accepted. Always indicate a “top limit” - the amount to which you would bid if you were attending the auction yourself. Alternative bids should be indicated 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 your early bids are unsuccessful, we will continue to execute bids for alternative lots until a bid is successful. Bids must always be placed in the same order as the lot numbers appear in the catalogue. Each absentee bid form should contain bids for one auction only; the auction code number should be stated on the form. Please place your bids as early as possible. In the event of identical bids, the earliest received will take precedence. TELEPHONE BIDS Bids may be placed by telephone, but are accepted subject to Spink discretion and are at caller’s risk. At the sole discretion of Spink, telephone bids may be recorded. By bidding on the telephone, prospective purchasers consent thereto. BUYER’S PREMIUM The “top limit” you indicate on your bid form is for the hammer price only. A 22% buyer’s premium will be added to the successful bid price for each lot you buy and is payable by you. ON-LINE BIDDING We offer internet services as a convenience to our clients. We will not be responsible for errors or failures to execute bids

placed on the internet, including, without limitation, errors or failures caused by a loss of internet connection by either party for whatever reason; a breakdown or problems with the online bidding software and/or a breakdown or problems with your internet connection, computer or system. Execution of on-line internet bids is a free service undertaken subject to other commitments at the time of the auction and we do not accept liability for failing to execute an online internet bid or for errors or omissions in connection with this activity. BIDDING INCREMENTS HK$100 to HK$2,000 by HK$100 HK$2,000 to HK$3,000 by HK$200 HK$3,000 to HK$5,000 by HK$200 or HK$300 HK$5,000 to HK$10,000 by HK$500 HK$10,000 to HK$20,000 by HK$1,000 HK$20,000 to HK$30,000 by HK$2,000 HK$30,000 to HK$50,000 by HK$2,000 or HK$3,000 HK$50,000 to HK$100,000 by HK$5,000 HK$100,000 to HK$ 200,000 by HK$10,000 HK$200,000 to HK$300,000 by HK$20,000 HK$300,000 to HK$500,000 by HK$20,000 or HK$30,000 HK$500,000 and up at Auctioneer’s discretion SUCCESSFUL BIDS Successful bidders will be notified and invoiced within a few days of the auction. Payments should be made by the registered buyer and not by third parties, unless it has been agreed upon at the time of registration that you are acting as an agent on behalf of a third party. Payments are due within seven days after the date of the sale unless it has been confirmed to you in writing since July 2013 that you are an approved credit client. If payment is not received by Day 15, the sale will be cancelled. Payment may be made by one of the following methods for overseas buyer: Direct bank transfer to the following account, quoting invoice and client number as reference. All bank charges should be met by you. Account Name: Spink China Limited Bank: Bank of China (Hong-Kong) Limited Account No.: 01287500470625 SWIFT code: BKCHHKHHXXX Bank address: Bank of China Tower, 1 Garden Road Central, Hong-Kong Credit card (VISA , Mastercard and CUP): A 3% surcharge will be applied. For all card payments there are limits to the amounts we will accept depending on the type of card being used and whether the cardholder is present or paying over the telephone. To make a payment by card please call our office at +852 3952 3000 or email china@spink.com. Bankers draft/cashier’s cheque: If you provide suitable proof of identity and we are able to make checks that satisfy ourselves as to the genuineness of the draft or cheque then you may collect your purchases immediately. Cash: You may pay for lots purchased by cash in the currency of the sale. We may accept small amounts in GBP, US$ and EUR. FOR MORE INFORMATION To place telephone bids, or for further information, please contact us at +852 3952 3000 or email china@spink.com.

––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– ––––––––––––––––––––––––––––––––––––––––––––

4/F and 5/F, Hua Fu Commercial Building 111 Queen’s Road West Sheung Wan Hong Kong Tel: +852 3952 3000 Fax: +852 3952 3038 NAME ______________________________________________________

WRITTEN BIDS FORM

This form should be sent or faxed to the Spink auction office in advance of the sale. References for new clients should be supplied in good time to be taken up before the sale. Bids received later than ____________________________________________________________ one hour before the start of the sale may not be processed.

ADDRESS ____________________________________________________

____________________________________________________________ YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE.

POSTCODE ___________________________________________________

JUST VISIT WWW.SPINK.COM, REGISTER AND SIGN UP FOR THE SALE.

SALE TITLE

DATE

SALE No.

Wines & Spirits

Friday 16 January 2015 at 8.00 p.m.

SFW12

I 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 will be the sum of the final bid and Buyer’s premium as a percenta ge of the final bid. The Rate of Premium is 22% of the final hammer price of each lot. I understand Spink will pursue me for payment for any successful bid. In addition, I understand and consent that Spink may share my personal details relating to the default with other auction houses and live bidding platforms to protect themselves from such defaults. 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 executing bids 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 for the same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if the re are higher written bids received. I understand Spink will pursue me for payment for any successful bid.

BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES IN OUR TERMS AND CONDITIONS FOR BUYERS PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot Number (in numerical order)

TEL. HOME

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)

______________________________________________

TEL. OFFICE ____________________________________________

____________________________________________________

E-MAIL ________________________________________________

SIGNATURE _______________________________________________

VAT NUMBER ___________________________________________

FAX

Please indicate the type of card:

V ISA

MASTERCARD

PAYMENT MADE BY MASTERCARD OR VISA ARE SUBJECT TO A 3% SURCHARGE CARD NO: SIGNATURE

START DATE: EXPIRY DATE

ISSUE NO:

SECURITY CODE:

NAME (ON CREDIT CARD)

Please charge all purchases to my card 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 ...

DATE

SALE NO.

Friday 16 January 2015 at 8.00 p.m.

SFW12

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN HONG KONG DOLLARS Lot 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 INCREMENTS Bidding generally opens below the low estimate and advances in the following order although the auctioneer may vary the bidding increments during the course of the auction. The normal bidding increments are: HK$100 to HK$2,000 HK$2,000 to HK$3,000 HK$3,000 to HK$5,000 HK$5,000 to HK$10,000 HK$10,000 to HK$20,000 HK$20,000 to HK$30,000

by by by by by by

HK$100 HK$200 HK$200 or HK$300 HK$500 HK$1,000 HK$2,000

HK$30,000 to HK$50,000 HK$50,000 to HK$100,000 HK$100,000 to HK$ 200,000 HK$200,000 to HK$300,000 HK$300,000 to HK$500,000 HK$500,000 and up

by HK$2,000 or HK$3,000 by HK$5,000 by HK$10,000 by HK$20,000 by HK$20,000 or HK$30,000 at Auctioneer’s discretion

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

TRADE REFERENCES BANK REFERENCES

________________________________________________________________________________________ _____________________________________________________________________________________________________

SALE CALENDAR 2014 / 2015 STAMPS 18 January 18 January 21/22 January 26 January 27 January 27 January 28 January 29/30 January 30/31 January 31 January 25 February 25 February 18 March 16 April 7/8 May 19 May 20 May 15/16 July August

David Tett's Collection of Prisoner of War Mail in East Asia and Dutch East Indies Fine Stamps and Covers of China and Hong Kong The Philatelic Collector's Series Sale The James F. Hudson Collection of British Africa Part I. The Federico Borromeo Collection of Nevis Stamps and Postal History The "Robert Wallace" Collection of Great Britain Line Engraved East Africa from the Vestey Collection The Philatelic Collector's Series Sale The Philatelic Collector's Series Sale The "Assab" Collection of Italian Colonies The “Lionheart” Collection of Great Britain and British Empire – Part IV Falkland Islands, The Collection formed by the late Major R. N. Spafford Rhodesia Double Head Issue from the Vestey Collection The Neville Polakow FRPSL Collection of Northern Rhodesia The Philatelic Collector's Series Sale Western Australia from the Vestey Collection Specialised Great Britain Stamps and Postal History The Philatelic Collector's Series Sale Stamps and Covers of South East Asia sale during the International Exhibition

Hong Kong Hong Kong New York London London London London London Lugano Lugano London London London London London London London London Singapore

15016 15017 150 15011 15010 15020 15013 15030 SW1015 SW1016 15012 15029 15021 15022 15023 15024 15025 15026 15027

COINS 17/18 December 17 January 27 January 25/26 March 1/2 July

Ancient, British & Foreign Coins and Commemorative Medals Coins, Banknotes, Bonds & Share Certificates of China and Hong Kong The Numismatic Collector's Series Sale Ancient, British & Foreign Coins and Commemorative Medals Ancient, British & Foreign Coins and Commemorative Medals

London Hong Kong New York London London

14007 15015 321 15004 15005

BANKNOTES 17 January 27 January 28/29/30 April 8/9 July

Coins, Banknotes, Bonds & Share Certificates of China and Hong Kong The Numismatic Collector's Series Sale World Banknotes World Banknotes

Hong Kong New York London London

15015 321 15008 15028

MEDALS 23 April 23 July

Orders, Decoration, Campaign Medals & Militaria Orders, Decoration, Campaign Medals & Militaria

London London

15001 15002

BONDS & SHARES 17 January 28 January 30 January 28 May

Coins, Banknotes, Bonds & Share Certificates of China and Hong Kong Stocks and Bonds of the Americas Bonds & Share Certificates of the World Bonds & Share Certificates of the World

Hong Kong New York Lugano London

15015 321 SW1014 15018

AUTOGRAPHS 27 January

The Numismatic Collector's Series Sale

New York

321

WINES 16 January 16 April

Wines, Cognacs and Other Spirits Wines, Cognacs and Other Spirits

Hong Kong Hong Kong

SFW12 SFW13

The above sale dates are subject to change. ____________________________ Spink offers the following services: Valuation for insurance and probate for individual items or whole collections. Sales on a commission basis either of individual pieces or whole collections.

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES