First-growths at auction not necessarily first

Article Abstract:

The first-growths of Bordeaux considered as the undeniable stars of the 1855 Classification are often placed second to other Bordeaux chateaus in terms of their relative appreciation. The reason behind first-growths being outpaced by others is because they are very expensive on release and they lack the growing potential of less-expensive growths.

France

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New auction index

Article Abstract:

The data from U.S. auctions alone will be used to calculate the auction index from 2005 because of the modifications in the global set-up of the wine-auction business, and to promote accuracy and value of auction reports. Listings show an increase of 13 percent due to the strong position of Bordeaux and other wines.

United Kingdom, United States, Market share, Comparative analysis, Company market share, Bordeaux (Wine)

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A life of wine lessons

Article Abstract:

Tom Black is a wine collector and has a spectacular 20,000-bottle wine cellar. He buys his stash at auctions where he acquired the late actor George Burn's exemplary cellar, including treasures like Chateau La Mission-Haut-Brion 1961 and is a regular at Manhattan's major commercial wine auctions.

Businessmen, Black, Tom

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