Rare Wine Auctions Set New Records in the First Half of 2018

July 24, 2018

Feverish demand for Burgundy and renewed interest in Port marked sales from New York to Hong Kong.

During the first half of 2018, collectible wine auctions witnessed unprecedented prices and myriad new records in New York, Chicago and Hong Kong sales. Passion for Bordeaux gave way to feverish demand for Burgundy, and demand for vintage whisky skyrocketed. A relatively stable stock market contributed to the bidding euphoria.

With the auction market booming, many collectors decided that this was an apt time to sell. They were not disappointed. Here's a snapshot of the first six months of 2018.

Continue reading: Wine Spectator



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