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.

Marketing, Wine, Auction firms

---

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.

---

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.

Similar abstracts:

• Abstracts: Naples Winter Wine Festival raises $6.67 million at auction
• Abstracts: Strong demand boosts prices for '95 Bordeaux futures. Prices up 20 percent for top '97 Bordeaux futures. Bordeaux futures fall by 20 percent
• Abstracts: Sake enters western wine lists: Non-Asian restaurants are discovering a new friend for food. Award-Winning Restaurants in Los Angeles/Westside
• Abstracts: Rioja reclaims its past. Greece is enduring wine heritage: modern vinters struggle to preserve native grape varieties in this ancient land
• Abstracts: New York bidders grab well-priced Bordeaux - not Yquem. Zachys-Christie's holds solid summer sale. Davis & Co. bidders produce a day of extremes

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.