Auction Sales Soar

Auction Sales Soar

by Westgarth Wines January 26, 2018

The 2017 year was good for auctions, with profits up 12.7 percent. The numbers come from markets in the US, UK, Hong Kong and online, for a total of  $381.7 million. Burgundy continues to be a driving force, with Domaine Romanée-Conti selling for record amounts. Bordeaux and Screaming Eagle also made strong showings. The desire for bottles with pristine provenance is a factor behind the sales, a sign that those that buy fine wine want to have their wine and drink it, too.

Related Link: 2017 Wine Auction Totals Exceed $381 Million





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