L&H HK, recognized as the premier tea auction house in Greater China, successfully hosted its "Vintage Pu-er Tea and Premium Tea Auction" alongside the "Premium Delicacies Auction" on November 23, 2024 (Saturday). The event attracted enthusiastic participation from collectors worldwide, who engaged in spirited bidding both in-person and via remote channels, leading to a highly successful conclusion celebrated by all.
Numerous other esteemed Hao Grade and Yin Grade Pu-er teas also garnered significant interest, while mid-aged teas and a selection of premium loose-leaf teas demonstrated consistent performance. This auction not only underscores the robust demand for high-end Pu-er tea but also reinforces the concept that "Tea is Liquid Gold."
Henry Chau, CEO and Founder of L&H Auction, expressed, "I would like to extend my heartfelt thanks to all the collectors, tea lovers, and industry professionals for their enthusiastic support of this season's auction, which contributed to its success. This autumn auction not only underscores the strong appreciation for high-quality Pu-er tea in the market but also reinforces the lasting value of classic tea products. Looking ahead, we remain dedicated to sourcing more rare teas with investment potential. I encourage collectors across Asia to consider bringing their finest teas to auction. Together, we can enhance and preserve the rich heritage of Chinese tea culture while achieving remarkable successes."
*Hammer price does not include buyer's premium
Sales Highlights
Hao Grade Pu-er
Carrying a century of history and significance, it is no surprise that first-class Hao Grade teas continue to attain wondrous results.
- LOT: 155
- 7 Pieces of Chen Yun Hao Pu-er Tea Cake (Black Ticket), Circa 1910s
- Hammer Price: HK$ 6,300,000
- LOT: 131
- A Piece of Hong Tai Chang Pu-er Tea Cake (Blue Ticket), Circa 1920s
- Hammer Price: HK$ 900,000
- LOT: 129
- A Piece of Early Ke Yi Xing Tea Brick, Circa 1927
- Hammer Price: HK$ 850,000
Yin Grade Pu-er
Preserving the essence of Hao Grade Pu-er, Yin Grade Pu-er are perfect for tasting and collecting, achieving exceptional results in line with prediction. In particular, Yin Grade Pu-er in original packaging and excellent condition have captured the eyes of keen investors due to their exclusivity.
- LOT: 127
- 7 Pieces of Gam San Lau Red Mark Pu-er Tea Cake, Circa 1950s
- Hammer Price: HK$ 5,200,000
- LOT: 133
- 7 Pieces of Blue Mark Pu-er Tea Cake, Circa 1950s
- Hammer Price: HK$ 2,400,000
- LOT: 124
- 3 Pieces of Early Red Mark Pu-er Tea Cake, Circa 1950s
- Hammer Price: HK$ 2,000,000
- LOT: 150
- 2 Pieces of Grade A and B Blue Mark Pu-er Tea Cake, Circa 1950s
- Hammer Price: HK$ 780,000
- LOT: 151
- 2 Pieces of Red Mark Pu-er Tea Cake without Wrapping, Circa 1950s
- Hammer Price: HK$ 620,000
Mid-aged Pu-er
8582 and 88 Pu-er continue to be staples at auctions and are beloved by both new and seasoned collectors.
- LOT: 101
- 7 Pieces of 88 Pu-er Tea Cake, Circa Late 1980s
- Hammer Price: HK$ 850,000
- LOT: 108
- 14 Pieces of 8582 Pu-er Tea Cake in Thick Wrapping, Circa 1980s
- Hammer Price: HK$ 1,500,000
Event Highlights
The cover lot of L&H 2024 Autumn Auction - 7 Pieces of Gam San Lau Red Mark Pu-er Tea Cake (Circa 1950s) - hammered down at HK$5.2 million.
Another hightlight lot - 7 Pieces of Chen Yun Hao Pu-er Tea Cake (Black Ticket) (Circa 1910s) - hammered down at HK$6.3 million.
Tea enthusiasts from all walks of life gathered during the preview.
