Auction prices hold firm in bear market
Article Abstract:
Wine prices at auction are holding firm despite the economic dip. Nowadays the market has very diverse purchasers, not just those from the US and the UK and restaurateurs are also active.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 2001
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Big bottles fetch big prices: Large-format bottles are selling at auction for very large sums
Article Abstract:
Collecting experts believe that the large-format bottles are indicators of the economy in good times, since people entertain more often and prices for the vintages like imperials and jeroboams rise, even as the spring and early-summer auctions indicate that the big bottles are in great demand and the wine collectors are buying wine as usual. The collectors believe that the wines in larger formats have longer shelf life and age more slowly which make them ideal accessories at tasting or parties.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 2006
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Cult of personality: fans love these sough-after wines, but their auction prices are erratic
Article Abstract:
Some wines quickly develop a following, and high prices can be paid at auction when bidders become competitive. Wines that fall into the cult category tend to be produced in small quantities and score in the 90s on a scale of one to 100. Several are discussed.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1997
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