Autumn Bidders Keep a Lid on Prices

Peter D. Meltzer
Issue: January 31, 2003

Late fall is traditionally the busiest season for wine auctions, and this past November was no exception. Nearly 10,000 lots worth more than $11 million were knocked down in nine separate sales -- bringing the autumn total to 19,000 lots with a value of $25 million, 10 percent above the same period in 2001.

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