Auction introduction: Sotheby’s is honored to present its inaugural dedicated online sale of Moutai in 2025—an exceptional event celebrating the heritage, artistry, and cultural significance of China’s most esteemed spirit. Featuring over 280 lots, this auction brings together a diverse and distinguished collection that will appeal to collectors and connoisseurs alike. At the forefront of the sale are more than 30 lots of Aged Statement Moutai, with bottlings matured for 15, 30, and 50 years, offering a rare glimpse into the remarkable depth and evolution of flavor that define well-aged baijiu. A true highlight of the auction is the first-ever appearance of the 2019 “Black” and “Gold” Dragon Flying Fairy Moutai, produced exclusively for the Macau Wine Collection Association. These ultra-rare 5-litre formats are presented as icons of both scale and prestige—an extraordinary acquisition opportunity for the most discerning collectors. Further highlights include: The “Metal Cap” Moutai from 1987 to 2000, a beloved series renowned for its revered drinking quality; The “Ba Yi” Extra Moutai (2011 & 2016) commemorative editions, and The HK Friends of Moutai “Blue” and “Purple” Special Editions from 2013 to 2016 which are striking, limited releases emblematic of regional exclusivity and collector appeal.