FOR IMMEDIATE RELEASE
L&H Auction To Hold Its Spring Sales And Preview 2021
From 26 To 29 May
The Sale of Vintage Pu’er Tea and
Premium Tea Offers
A Prime Collecting Opportunity for
Top-Notch Teas of All Kinds
An
all-encompassing line-up of preeminent vintage pu’er tea,
boasting
the quintessential Hao- and Yin-grade examples
Generations of ‘Seven Sons Raw Tea Cakes’ and Premium Chinese teas
from the 2000s will also be represented
L&H Auction will hold its
Spring Sales 2021 on Saturday, 29 May, in
L&H Cultural Space on 15/F, Windsor House, Causeway Bay, Hong Kong. A
pioneering international premium pu’er tea auction house based in Hong Kong,
L&H continues to respond to the zealous demand for vintage pu’er tea and
premium Chinese tea with yet another season of its renowned auction of Vintage Pu’er Tea and Premium Tea this
May. L&H online bidding
platform is launched this season to accommodate the bidding needs from all over
the world. Together with the sales of Teawares and Agarwood and Delicacies and Moutai Wine to be held on
the same day, a total of approximately 200 lots will be presented, and will be on
view in Hong Kong from 26 to 29 May (Wednesday to Saturday).
This carefully curated sales
series will be represented by an all-encompassing
line-up of preeminent vintage pu’er tea, boasting the quintessential Hao- and Yin-grade examples amassed from the market. A selection of Seven Sons Raw Tea Cakes and new generation of pu’er teas from the 2000s
also showcases the best
manufacturers, years of production, quality and storage.
Mr Henry Chau, CEO and Founder of L&H Auction says, “L&H witnessed that the demand for vintage
pu’er tea and premium Chinese tea last year remained strong in the new normal.
We, therefore, continue to mount yet another sales series this year represented
by an immaculate selection of the most sought-after gems boasting high
appreciation and investment values. The
all-encompassing series will be led by the crème de la crème of Yin- and Hao-grade vintage pu’er tea, the quantity and variety of which are
promised to tickle the fancy of determined new and seasoned collectors alike. A
selection of investment-grade new teas from the 2000s will also be on offer
alongside a line up of most exemplary samples of the legendary Seven Sons Raw
Tea Cakes. As keepsakes, for immediate enjoyment or for investment, the selection
strives to entice collectors to bid in person, over the telephone or via
placing absentee bids at this opportune moment. We look forward to seeing you
all at the auction.”
【Highlights from the Sale of Vintage
Pu’er Tea and Premium Tea】
Hao- and Yin-grade pu’er teas of 60 to 100 years of history
Vintage pu’er tea is like vintage wine – the substantiality grows as the tea ages. This season, L&H will offer the best of the quintessential Hao- and Yin-grade teas, the highlight of which is an extremely rare and fine vintage ‘Song Pin Hao’ Blue Trademark pu’er tea cake, circa 1920s (Est: HKD 1 – 1.6 million). ‘Song Pin Hao’ is on a par with other legendary Hao-grade teas such as ‘Fu Yuan Chang’, ‘Xiang Zhe Xing’ and “Shuang Shi Tong Qing”, and is considered the King of Pu’er Tea. The present example features a clear and bright broth colour and lingering aroma. The sale will also offer the most sought-after Yin-grade tea – 2 pieces of Red Mark Pu’er tea cakes from the 1950s (Est: HKD1.2 – 2 million). Red Mark pu’er is a famous aged, fermented Chinese tea very much sought-after in the market nowadays. They are charismatic and aromatic ‘drinkable antiques’. Other prominent examples include 'Gam San Lau' Red Mark pu’er tea cake without wrapping, circa 1950s, Grade A and B Blue Mark pu’er tea cakes, circa 1950s, Blue Mark discus pu’er tea cakes and Yellow Mark Pu’er tea cakes, circa 1960s as well as Yellow Mark discus pu’er tea cakes from the 1970s.
Legendary Seven Sons Raw Tea Cakes
Seven Sons Raw Pu’er Tea Cakes will be the next big
thing after the vintage Hao- and Yin-grade teas. The use of the
best raw materials, the unique tea leave formula and fermentation and pristine
storage condition altogether makes Seven Sons tea cakes highly desirable. They
are very much coveted in the market in recent years, in particular 7542, 8582
and 88 raw tea cakes. With the current strong
demand and high consumption, their value is expected to soar continuously
rather than the reverse. After decades
of vintage, they are fiercely aromatic now, and possess ever-evolving aftertastes. This sale, a Stack
of 8582 pu’er tea cake in thick wrapping,
1980s (Est: HKD 800,000 – 1.5 million), 7 pieces of 8582 in thin wrapping (Est: HKD700,000 – 1.2 million) and 7
pieces of 88 raw pu’er tea cake (Est: HKD 600,000 – 1.1 million) will be leading the sale. Household names such as 7542, 73 pu’er tea
cake, circa 1980s, ‘Xue Yin’, Rose 'Dayi' (1996), Water Blue Mark, to name a
few, will also be available.
Investment-grade new teas from the
2000s
Chinese pu’er tea collectors from all generations are eyeing on the potential and investment value of new teas from the 2000s. This season, L&H will present 6 Stacks of ‘Dayi’ Xuanyuan Hao pu’er tea cake, 2017 (Est: HKD 1.2 – 2 million), 2 Stacks of Golden ‘Dayi’ pu’er tea cake, 2003 (Est: HKD 400,000 - 600,000) and 2 Stacks of 'Wu Jin Hao' pu’er tea cake, 2005 (Est: HKD 480,000 – 600,000).
More premium Chinese teas
Apart from pu’er tea, L&H also assembled other premium Chinese teas including a bag of old Dong pu’er loose tea 7022 from the 1960s (Est: HKD380,000 – 600,000). Famous old loose tea from the 1950s to the 1960s include Dong, Wan and Liao Fu which were sold through the then establishments. After 60 years of vintage, these loose tea display a special broth and taste. Also on offer is Liu’an tea - one of the favourites of the Qing imperial - 6 pieces of Liu’an from the 1920s (Est: HKD 600,000 – 1 million) of impeccable condition and provenance. A Stack of 'Chung Cha' Brand pu’er tea cake in simplified Chinese characters, circa 1970s (Est: HKD320,000 – 500,000), on the other hand, is a representative product by Xia Guan Tea Merchant, being coined as the continuation of Blue Mark discus tea cakes from the 1950s.
