Tough sell: bidder interest in prestige Bordeaux takes a dip at recent commercial auctions
Article Abstract:
Wine buyers at auction sought out offerings from regions other than Bordeaux, sending prices downward. The drop coincided with the Oct 27, 1997, stock market plunge. Auction results from the top four houses are discusssed, and average auction prices are given.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1998
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Leaders of the pack: auction prices for top Bordeaux have gone up and up - but not without some dips
Article Abstract:
Bordeaux prices are up an average of 50% since 1994, and prices for top vintages have doubled in some cases. A listing of the first growths and best seconds is provided, along with tips on the volatile wine market for collectors.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1996
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Index drops 6 percent in second straight decline
Article Abstract:
Prices are down again in the second quarter of 1998 for classified Bordeaux, with almost all vintages showing a loss. Demand for fine wines remains strong, but a market correction was expected by some in the industry.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1998
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