1347 1992年「五星牌」及「飛天牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1992 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：6瓶/bottles HK$ 120,000 - 300,000 US$ 15,400 - 38,500 此拍品只限於香港提貨 This item should be collected in Hong Kong 39

1348 1992年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1992 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：12瓶/bottles HK$ 240,000 - 600,000 US$ 30,800 - 76,900 此拍品只限於香港提貨 This item should be collected in Hong Kong 40

1349 1991年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1991 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：12瓶/bottles HK$ 240,000 - 600,000 US$ 30,800 - 76,900 此拍品只限於香港提貨 This item should be collected in Hong Kong 41

1350 1991年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1991 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：10瓶/bottles HK$ 390,000 - 550,000 US$ 50,000 - 70,500 此拍品只限於中國內地提貨 This item should be collected in Mainland 42

1351 1991年「五星牌」及「飛天牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1991 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：6瓶/bottles HK$ 120,000 - 300,000 US$ 15,400 - 38,500 此拍品只限於香港提貨 This item should be collected in Hong Kong 43

陈 年 铁 盖 陳年鐵蓋，繼 1985 年推出珍品貴州茅台酒後，80 年 代末至90年代中後期，茅台酒廠限量發行高端系列「陳 年」貴州茅台酒。盒內附贈三個陶瓷酒杯，整體亮金 色調的設計給人一種安詳而高貴的感覺，珍貴而稀有。 44

1352 1987-1989年「飛天牌」貴州茅台酒(陳年鐵蓋) AGED KWEICHOW MOUTAI 1987-1989 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：1 瓶/bottle HK$ 75,000 - 120,000 US$ 9,600 - 15,400 此拍品只限於香港提貨 This item should be collected in Hong Kong 45

1353 1987-1989年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1987-1989 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：12 瓶/bottles HK$ 420,000 - 700,000 US$ 53,800 - 89,700 此拍品只限於香港提貨 This item should be collected in Hong Kong 46

1354 1989年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1989 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：3 瓶/bottles HK$ 110,000 - 180,000 US$ 14,100 - 23,100 此拍品只限於香港提貨 This item should be collected in Hong Kong 47

1355 1987年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1987 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：5 瓶/bottles HK$ 180,000 - 280,000 US$ 23,100 - 35,900 此拍品只限於香港提貨 This item should be collected in Hong Kong 48

1356 1988年「五星牌」貴州茅台酒（鐵蓋） KWEICHOW MOUTAI 1988 (IRON CAP) 度數/ABV：53% 容量/vol：500ml 數量/quantity：16 瓶/bottles HK$ 580,000 - 800,000 US$ 74,400 - 102,600 此拍品只限於香港提貨 This item should be collected in Hong Kong 49

地 方 国 营 1982 年 10 月，內銷「五星牌」茅台酒更換了背標文字， 停用「三大革命」背標，轉用「茅台酒」三個字的背標， 「三大革命」茅台至此結束。這一時期，內銷茅台酒正 標落款仍然為「地方國營茅台酒廠出品」，因此被稱為 「地方國營」茅台，一直持續至 1986 年。 50

1357 1986年「五星牌」貴州茅台酒（地方國營） KWEICHOW MOUTAI 1986 (LOCAL STATE-RUN) 度數/ABV：53% 容量/vol：540ml 數量/quantity：8 瓶/bottles HK$ 360,000 - 500,000 US$ 46,200 - 64,100 此拍品只限於香港提貨 This item should be collected in Hong Kong 51

1358 1985年「五星牌」貴州茅台酒（地方國營） KWEICHOW MOUTAI 1985 (LOCAL STATE-RUN) 度數/ABV：53% 容量/vol：540ml 數量/quantity：5 瓶/bottles HK$ 220,000 - 380,000 US$ 28,200 - 48,700 此拍品只限於香港提貨 This item should be collected in Hong Kong 52

1359 1984年「五星牌」貴州茅台酒（地方國營） KWEICHOW MOUTAI 1984 (LOCAL STATE-RUN) 度數/ABV：53% 容量/vol：540ml 數量/quantity：5 瓶/bottles HK$ 220,000 - 380,000 US$ 28,200 - 48,700 此拍品只限於香港提貨 This item should be collected in Hong Kong 53

1360 1983-1986年「五星牌」貴州茅台酒（地方國營） KWEICHOW MOUTAI 1983-1986 (LOCAL STATE-RUN) 度數/ABV：53% 容量/vol：540ml 數量/quantity：5 瓶/bottles HK$ 220,000 - 380,000 US$ 28,200 - 48,700 此拍品只限於香港提貨 This item should be collected in Hong Kong 54

九淺萬千《 分唱里年詠 甘低鄉老白 冽吟思窖酒 一知望酬》 分味月知 綿否圓己 55

大 飞 天 1975-1985 年出廠的貴州茅台酒從「葵花牌」全面改為 「飛天牌」，容量改為 540 毫升，因而得名「大飛天」。 「大飛天」茅台存在的十年時間裡，國家正處於百廢待 興之際，一同見證了改革開放的偉大，具有極強的時代 感，非凡的歷史意義。而且當時主要用於外銷，如今在 市面上出現的都是從國外回流的珍品，數量非常稀少。 56

1361 1981-1985年「飛天牌」貴州茅台酒 KWEICHOW MOUTAI 1981-1985 度數/ABV：53% 容量/vol：540ml 數量/quantity：8 瓶/bottles HK$ 300,000 - 480,000 US$ 38,500 - 61,500 此拍品只限於香港提貨 This item should be collected in Hong Kong 57

1362 1981-1985年「飛天牌」貴州茅台酒 KWEICHOW MOUTAI 1981-1985 度數/ABV：53% 容量/vol：540ml 數量/quantity：8 瓶/bottles HK$ 300,000 - 480,000 US$ 38,500 - 61,500 此拍品只限於香港提貨 This item should be collected in Hong Kong 58

1363 1981-1985年「飛天牌」貴州茅台酒 KWEICHOW MOUTAI 1981-1985 度數/ABV：53% 容量/vol：540ml 數量/quantity：6 瓶/bottles HK$ 230,000 - 380,000 US$ 29,500 - 48,700 此拍品只限於香港提貨 This item should be collected in Hong Kong 59

1364 1981-1985年「飛天牌」貴州茅台酒 KWEICHOW MOUTAI 1981-1985 度數/ABV：53% 容量/vol：540ml 數量/quantity：12 瓶/bottles HK$ 460,000 - 760,000 US$ 59,000 - 97,400 此拍品只限於香港提貨 This item should be collected in Hong Kong 60

1365 80年代初「五星牌」全棉紙三大革命茅台酒 KWEICHOW MOUTAI 1980S (THREE REVOLUTIONS) 度數/ABV：約54% 容量/vol：540ml 數量/quantity：2 瓶/bottles HK$ 100,000 - 180,000 US$ 12,800 - 23,100 此拍品只限於香港提貨 This item should be collected in Hong Kong 棉紙三大革命，1967年至1982年期間，「金輪牌」茅台酒 背標上書「茅台酒是全國名酒，產於貴州省仁懷縣茅台鎮， 已有二百餘年悠久歷史。解放後 在中國共產黨領導下，開展 三大革命運動，不斷地總結傳統經驗， 改進技術，提高質 量。「三大革命」茅台酒 正如其背標所言「酒體醇和濃郁， 氣味特殊芳香，味長回甜」，為 茅台酒收藏者所珍愛。 61

葵 花 牌 「葵花牌」是文革時期的特殊註冊商標，生產週期僅 9 年。1966 年文化大革命開始後，因原商標「飛天牌」採 用敦煌壁畫的飛天圖案，有「四舊」嫌疑被停用，取而 代之的則是寓意「朵朵葵花向太陽」的「葵花牌」茅台， 酒距今近五十年，如此久遠珍貴的佳釀，非同尋常。 62

1366 80年代初「葵花牌」貴州茅台酒（小葵花） SUNFLOWER KWEICHOW MOUTAI 1980S 度數/ABV：約54% 容量/vol：270ml 數量/quantity：1 瓶/bottle HK$ 68,000 - 130,000 US$ 8,700 - 16,700 此拍品只限於香港提貨 This item should be collected in Hong Kong 63

64

1367 1972年「葵花牌」貴州茅台酒(飄帶葵花) SUNFLOWER KWEICHOW MOUTAI 1972 度數/ABV：約54% 容量/vol：540ml 數量/quantity：1 瓶/bottle HK$ 200,000 - 350,000 US$ 25,600 - 44,900 此拍品只限於香港提貨 This item should be collected in Hong Kong 65

陈 年 茅 台 生產於 60 年代的飛天牌貴州茅台酒，由於同期出口商 標改為葵花牌，而未能出口，積壓至 70 年代，由中國 糧油進出口公司製作“陳年茅台酒”禮盒，重新對外發 售。歷經五十餘年，此款珍品市面已難得一遇。 66

1368 60年代末「飛天牌」陳年貴州茅台酒 KWEICHOW MOUTAI 1960S 度數/ABV：約54% 容量/vol：540ml 數量/quantity：1 瓶/bottle HK$ 130,000 - 250,000 US$ 16,700 - 32,100 此拍品只限於香港提貨 This item should be collected in Hong Kong 67

IMPORTANT NOTICES Property are not described in the catalogue, this does not mean that the Property has no weakness or defects. ▲ The auctions held by Poly Auction (Hong Kong) Limited (“Poly Auction (Hong Kong)”or“our company”) are conducted according to the Conditions of Business, Important Notices, Important Notices about Bidding Registration, Important Notice about Payment and Important Notice about Storage Collection Shipping and Export, and anyone participating in the auction should read the terms carefully. These Conditions and rules may be revised by announcement or verbal notification without prior notice. The following pages are designed to give you useful RESTRICTED MATERIALS 1 information on how to bid at auctions. Poly Auction (Hong Properties with a symbol have been identified 1.5 Kong)’s staff as listed at the front of this catalogue will to be made of or containing restricted materials at be happy to assist you. However, it is important that you the time of the compiling of the catalogue, and the 2 read the following information carefully and note that materials concerned may be subject to import and 2.5 Poly Auction (Hong Kong) acts for the seller. export restraints. Properties without this symbol it is not 3 guaranteed that Properties are not subject to import PROVENANCE and export restraints. For items made of botanic or In certain circumstances, Poly Auction (Hong Kong) may animal materials (coral, crocodile, ivory, whalebone, print in the catalogue the history of ownership of a work tortoise, rhinoceros horn and Brazilian Rosewood, etc.) of art if such information contributes to scholarship or or containing botanic or animal materials, regardless is otherwise well known and assists in distinguishing of their year or value, may require an application for the work of art. However, the identity of the seller or permits or certificates before exporting outside Hong previous owners may not be disclosed for a variety of Kong, and other application for permits or certificates reasons. For example, such information may be excluded may be required when importing into countries outside to accommodate a seller’s request for confidentiality or Hong Kong. Please pay attention that the ability to obtain because the identity of prior owners is unknown given export permits or certificates does not ensure that the age of the work of art. import permits or certificates can be obtained in another country and vice versa. For example, importing ivory for fewer than 100 years is illegal in the USA. Bidders should enquire about the import regulations on products made of or containing wild animals and plants materials of the governments concerned before participating in an auction. Buyers must be responsible for obtaining any export or import permits/or certificates and any other documents required. 20% ELECTRICAL APPLIANCES AND MECHANICAL 1 MERCHANDISES 1.5 BUYER S PREMIUM All electrical appliances and mechanical merchandise 2 A buyer’s premium will be added to the Hammer Price are sold on an “as is” basis, and should not be assumed and is payable by the buyer as part of the total purchase that they operate. Before putting into any use, electrical 3 price. ﬔe buyer’s premium is 20% of the hammer price appliances must be inspected and approved by qualified of each Lot up. electric technicians. 4 CONDITIONS OF THE PROPERTIES 5 Bidder must review the Lot(s) in the preview before the auction, and bear all responsibilities (including but not JEWELRY, WATCHES AND HANDBAGS limited to legal liability and/or responsibility) of their Description of the conditions of Jewelry Lot(s) usually bidding acts. For more information on the Properties, contained in the catalogue, however, absence of a please consult our business staff. If the conditions of a description does not imply that the Lot(s) is free from