Bidding on the Web

Article Abstract:

There are numerous Web sites where shoppers can bid on wine, providing a variety of features that are better than using traditional catalogs or auctions. Though it is difficult to verify the condition or provenance of online lots of wine, the sites make fine wine available to consumers even in remote areas. Tips for bidding on wine and a list of related Web sites are included.

United States, Innovations, Services, Column, Auctions, World Wide Web

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Windy City wonder

Article Abstract:

Michael Davis of Chicago, IL-based Davis and Co. Wine Auctioneers gives some tips to clients of wine auctions. Davis advises them to be careful about the auction market in California because of the instability of prices. He suggests that novices buy Clarets of the 1985, 1986 and 1990 vintages plus 1990 Burgundies and 1985 California Cabernets.

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When to lower that paddle

Article Abstract:

Buyers at wine auctions should not be misled into paying more than the amount charged by retail outlets. There are times when wines displayed at auctions are available elsewhere at lower prices. Only new products that are not yet available in retail shelves or scarce vintages are worth the higher prices.

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