Sunken Champagne fetches record price at Christie's London Sale

Article Abstract:

Champagne recovered from the wreck of a Swedish schooner that sank in the Baltic Sea in 1916 fetched record prices at an auction in London. A bottle of Heidsieck 1907 that was recovered from the site was bought for $4,608 which is the record price ever paid for a bottle of wine. Other records were set and many bottles far outsold their estimated prices.

Marketing, Champagne (Wine), Christie's International PLC

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Index soars in the first quarter of 1995

Article Abstract:

The Wine Spectator Auction Index for the 1st qtr. of 1995 showed that the value of wine being auctioned increased at a rate faster than that of the stock market. The auction prices of fine and rare wine, which significantly rose from 1994's prices, showed a 16% increase in the index's sample.

Reports, Wine industry, Wineries, Valuation, The Wine Spectator (Periodical)

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Bordeaux again leads index upward

Article Abstract:

The fine and rare wine auction market continues to be strong in Europe and the US, based on wine samplings at 12 sale shows. Bordeaux reds, premium California labels and selected chateaus posted strong results on the Wine Spectator Auction Index for 3rd quarter 1995.

Evaluation

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