2002 Commercial Auctions Total $90 Million

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for the March 31, 2003 issue

See Also
2002 Charity Auction Sales Pace Slows
2002 Commercial Auctions Total $90 Million
Commercial Market Flashes Signs of Vulnerability
Auction Index Dips Slightly in Volatile Market
2002 Charity Auction Sales Pace Slows
Commercial Market Flashes Signs of Vulnerability
Auction Index Dips Slightly in Volatile Market

Peter D. Meltzer
Issue: March 31, 2003

Despite the uncertain economic climate, sales of fine and rare wine at auction remained relatively stable in 2002. According to year-end figures released by the major commercial auction houses, worldwide volume totaled $90 million -- a 1 percent drop from 2001, compared with a 17 percent downturn in the Dow Jones.

For the full article, check out the new issue of Wine Spectator, on newsstands March 31, 2003.

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