The high prices set by famous wine estates is shutting people out of the market and creating a “caste system of wine”, according to Robert Parker, who also admitted that he “is part of the problem”.
Demand for Burgundy’s DRC will be tested at Sotheby’s next week, and despite the eye-watering sums involved the auction house remains confident
Although the Liv-ex Fine Wine 1000 declined in February, the “Rest of the World 50” continues to rise – buoyed by Taylor’s Port.
Hart Davis Hart has announced the date for its annual “Celebration of Burgundy” sale in Chicago which is estimated to fetch US$2-$4 million.
Something of a forgotten or at least over-looked Burgundy vintage, the 2006s have nonetheless been quietly outperforming their parent index on Liv-ex over the past year.
One of Hong Kong’s leading wine retailers is drawing attention to the “lesser-known” villages in its Burgundy portfolio.
Jeannie Cho Lee MW has called the counterfeiting of fine wines a “global issue”, not just a Chinese one.
The first sale of the “Empire Collection” made over US$3 million at Wally’s New York sale last weekend, with one whole day given over to Burgundy.
US auctioneer Acker Merrall & Condit saw the final sale of importer Martine Saunier’s Burgundy collection go out with a “big bang” in New York.
US auction house, Hart Davis Hart is toasting a US$4.9 million auction in Chicago with “phenomenal” prices paid for Pétrus, Rousseau and Sine Qua Non.
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