Records were meant to be broken: Autumn auctions offered both historic sales and bargains

Article Abstract:

The autumn wine auctions observed records being broken with old, rare Burgundies bought for a record $24.7 million at Acker Merrall & Condit's auction in October 2006 and NYWinesChristie's Los Angeles auction on September 28, 2006, thus witnessing the highest prices paid for a case of wine anywhere. However, bargains were also available as four cases of Haur-Brion 1989 could be bought at Aulden Cellars-Sotheby's for prices that ranged from $8,963 to $9,560, slightly below the index average.

France, Commodity & service prices, Evaluation, Company pricing policy

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Third quarter gains nearly double previous results

Article Abstract:

California wines drew 28% higher prices at auction during the third quarter of 1997. An influx of rare-vintage consignments, combined with shortages of collectible wines worldwide, created a bidding frenzy. The 1961 and 1989 vintages performed exceptionally well, with 19% and 15% gains, respectively.

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Continued growth but slower: auction index heads upward by 4.5 percent for the second quarter of 1996

Article Abstract:

Prices for collectible Burgundy and Bordeaux reds, Sauternes, vintage Ports and California Cabernet are still strong. Figures for the 2nd quarter of 1996 are presented for each wine, and several wines are discussed.

Directory, Wine, Auctions

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