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June 9: $3.2M Wine Cellar Sells 100% at Christie's; Burberry's Bailey Buys a 175-Year-Old Pottery; New Balance Expands in India
ALT/FNDATA
- Membership (PODCAST15 for 15% off): https://altfndata.com/go/ob-260609
- Market reports: https://altfndata.com/go/ob-260609-r
- Podcast episodes: https://altfndata.com/go/ob-260609-p
ALT/FNDATA
- Membership (PODCAST15 for 15% off): https://altfndata.com/go/ob-260609
- Market reports: https://altfndata.com/go/ob-260609-r
- Podcast episodes: https://altfndata.com/go/ob-260609-p
Christie's Wine Cellar Sells 100%
- The Exceptional Private Cellar of a Silicon Valley Pioneer sold June 5 at Christie's Rockefeller Center for $3,230,175
- 100% sold by lot; 132% sold by low estimate (total came in a third above the low end)
- A full white-glove result on a single-owner fine-wine collection
Christopher Bailey Acquires Burleigh
- Christopher Bailey, former chief creative officer and CEO of Burberry, is leading the acquisition of English pottery maker Burleigh
- The company is 175 years old — one of the oldest Victorian potteries still operating; terms not disclosed
eBay-Depop Under UK Review
- Britain's Competition and Markets Authority has opened a formal review of eBay's purchase of resale app Depop
- The regulator will decide by August 6 whether to clear the deal or refer it for an in-depth investigation
The Footwear Market, Two Ways
- StockX is launching a live-shopping service this summer — sneakers to electronics, sold in real time; CEO Greg Schwartz calls it the platform's next growth lever
- New Balance's India partner, Brandman Retail, plans to bring more global brands (Salomon, Anta) into India and more than quintuple its store count by 2028
- Designer Brands (parent of DSW) stock dropped on weak guidance; Q1 sales up just 1.4% to $696.35M
Quick Hits
- Nearly 11,000 bottles of Noble Oak bourbon were stolen in Philadelphia last week — the latest in a run of large spirits heists
- Actor Jason Momoa and Hedley Studios unveiled a one-of-a-kind electric Mini Bentley Blower — a scaled recreation of the 1920s race car, with 100 custom touches
Macro Note
- The Bank of France will raise its 2026 inflation forecast, Governor Emmanuel Moulin said, citing the effect of the Iran war on prices
Week Ahead
- Sotheby's Magnificent Jewels — June 9, New York (today)
- Christie's Important Watches — June 10, New York
- Bonhams Watches — June 11, London
- Christie's Paris Hermes Handbag (online) & Sotheby's The Gem Drop — June 12
- Bonhams National Automobile Museum (~100 cars) — June 13, Reno
Also from ALT/FNDATA:
- Closing Price — Mon-Fri at 5 PM ET
- Art Market — Tuesdays at 8 AM ET
- Luxury Spending — Wednesdays at 8 AM ET
- Auto Market — Thursdays at 8 AM ET
- The Exceptional Private Cellar of a Silicon Valley Pioneer sold June 5 at Christie's Rockefeller Center for $3,230,175
- 100% sold by lot; 132% sold by low estimate (total came in a third above the low end)
- A full white-glove result on a single-owner fine-wine collection
Christopher Bailey Acquires Burleigh
- Christopher Bailey, former chief creative officer and CEO of Burberry, is leading the acquisition of English pottery maker Burleigh
- The company is 175 years old — one of the oldest Victorian potteries still operating; terms not disclosed
eBay-Depop Under UK Review
- Britain's Competition and Markets Authority has opened a formal review of eBay's purchase of resale app Depop
- The regulator will decide by August 6 whether to clear the deal or refer it for an in-depth investigation
The Footwear Market, Two Ways
- StockX is launching a live-shopping service this summer — sneakers to electronics, sold in real time; CEO Greg Schwartz calls it the platform's next growth lever
- New Balance's India partner, Brandman Retail, plans to bring more global brands (Salomon, Anta) into India and more than quintuple its store count by 2028
- Designer Brands (parent of DSW) stock dropped on weak guidance; Q1 sales up just 1.4% to $696.35M
Quick Hits
- Nearly 11,000 bottles of Noble Oak bourbon were stolen in Philadelphia last week — the latest in a run of large spirits heists
- Actor Jason Momoa and Hedley Studios unveiled a one-of-a-kind electric Mini Bentley Blower — a scaled recreation of the 1920s race car, with 100 custom touches
Macro Note
- The Bank of France will raise its 2026 inflation forecast, Governor Emmanuel Moulin said, citing the effect of the Iran war on prices
Week Ahead
- Sotheby's Magnificent Jewels — June 9, New York (today)
- Christie's Important Watches — June 10, New York
- Bonhams Watches — June 11, London
- Christie's Paris Hermes Handbag (online) & Sotheby's The Gem Drop — June 12
- Bonhams National Automobile Museum (~100 cars) — June 13, Reno
Also from ALT/FNDATA:
- Closing Price — Mon-Fri at 5 PM ET
- Art Market — Tuesdays at 8 AM ET
- Luxury Spending — Wednesdays at 8 AM ET
- Auto Market — Thursdays at 8 AM ET
Creators and Guests
What is Open Bid — Daily Morning Briefing on Auctions, Luxury & Markets?
Open Bid is your weekday-morning briefing on the world of luxury and collectibles. In under five minutes, host Sharon Obuobi covers the biggest stories across fine art, jewelry, watches, handbags, and collector cars — the record auction results, the moves inside the luxury houses, and what the markets are doing that morning — all backed by proprietary data from ALT/FNDATA. Whether you collect, invest, or just love this world, it's the fastest way to start the day informed.
Learn more at www.altfndata.com.
OPEN BID — Tuesday, June 9, 2026
[INTRO]
Good morning. It's Tuesday, June the ninth. I'm Sharon, and this is Open Bid from ALT/FNDATA.
[CHRISTIE'S WINE CELLAR — 100% SOLD]
A single-owner wine sale at Christie's has cleared the room. The Exceptional Private Cellar of a Silicon Valley Pioneer, was sold on June the fifth at Christie's Rockefeller Center in New York, totaling $3.3 million dollars. Christie's reports that the sale was 100% sold by lot and a full white glove result. It was 132% sold by low estimate which means the total came in a third above the low end of expectations.
[CHRISTOPHER BAILEY ACQUIRES BURLEIGH]
Christopher Bailey, the former chief creative officer and chief executive of Burberry, is leading the acquisition of Burleigh, the English pottery maker. The company is a 175 years old — one of the oldest Victorian potteries still operating. Terms were not disclosed.
[EBAY-DEPOP UNDER UK REVIEW]
In resale, Britain's Competition and Markets Authority has opened a formal review of eBay's purchase of Depop, the secondhand-fashion app. The regulator says it will decide by August 16th whether to clear the deal or refer it for an in-depth investigation.
[THE FOOTWEAR MARKET, TWO WAYS]
Three stories from the footwear market.
First, StockX, the resale platform, is launching a live-shopping service this summer selling everything from sneakers to electronics in real time. Chief executive Greg Schwartz says it is the platform's next growth lever.
Second, New Balance's India partner, Brandman Retail, plans to bring more global brands including Salomon and Anta into the Indian market, and to increase store count 15x by 2028.
Designer Brands, the parent of DSW, saw its stock drop on weak guidance. Sales for the first-quarter increased by just 1.4%, to $696 million dollars.
[QUICK HITS]
Nearly 11,000 bottles of Noble Oak bourbon were stolen in Philadelphia last week. This was the latest in a run of large spirits heists over the past year.
And in collectible autos, actor Jason Momoa and Hedley Studios have unveiled a one-of-a-kind electric Mini Bentley Blower. This is a scaled recreation of the 1920s race car, with one hundred custom touches.
[MACRO NOTE]
The Bank of France will raise its 2026 inflation forecast, according to Governor Emmanuel Moulin who cited the effect of the Iran war on prices.
[WEEK AHEAD]
The Sotheby's Magnificent Jewels sale is in New York today. Christie's Important Watches follows tomorrow, June 10th, also in New York.
In addition, we have the Christie's Paris Hermes handbag sale and Sotheby's Gem Drop both on the 12th.
On Saturday the 13th, Bonhams will sell roughly 100 cars from the National Automobile Museum in Reno, Nevada.
[OUTRO]
That’s it on Open Bid for Tuesday, June the 9th. Closing Price is this evening at five PM Eastern, and the Art Market show publishes later today.
I'm Sharon Obuobi, from ALT/FNDATA. Subscribe for notifications, give us a five star rating on Spotify and Apple Podcasts. I’ll talk to you in the next episode. Thank you for listening.