Sotheby’s has reported a remarkable year for its wine and spirits auctions, with total sales of $127.5 million in 2025, marking a 12% increase over 2024.
This performance represents the fourth-highest annual total since the department’s creation in 1970, underscoring the sustained growth of the luxury wine and spirits market.
Wine remained the core driver, with sales of $106 million, while spirits contributed $21.5 million. Over the past decade, Sotheby’s has more than doubled its annual sales in this category, from $47 million in 2015 to today’s record-breaking figures.
Global interest continues to expand, with buyers from 63 countries participating in 2025—an all-time record for Sotheby’s—and 35% of them were first-time clients. Europe emerged as the leading region, generating $56.6 million in sales, with France at $35.4 million and the UK at $21.3 million. Sales in the US totaled $37.3 million, and Asia contributed $33.5 million.
New York retained its top-selling position for the second year in a row, surpassing Hong Kong and achieving the city’s second-best result in history. According to Nick Pegna, Sotheby’s International Head of Wine and Spirits, these results highlight both the strength of the market and the trust collectors place in Sotheby’s to manage prestigious collections.
Notable high-value lots included The Glenlivet SPIRA 60 Year Old 1965 ($864,825), a joint Antinori Napa Valley and Stag’s Leap Wine Cellars collection “From Napa Valley to Tuscany” ($550,000), and The Glen Grant Eternal 77 Year Old 1948 ($532,200). Sotheby’s aims to continue attracting new collectors worldwide and expand its presence in the international wine and spirits auction market.
Source: Vinetur
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