Typically Slow Season Finds Success
California cults will rebound, propelling Zachy's to record-setting weekend
Traditionally a down month for wine auctions, February witnessed just over 5,000 lots worth less than $6 million go on the block. While rarities such as a case of Leroy Latricières-Chambertin 1991, which fetched $11,020 at Acker Merrall & Condit, soared above the fourth quarter 2002 Wine Spectator Auction Index by 81 percent, most wines sold within established trading bands.
For the full article, check out the new issue of Wine Spectator, on newsstands May 15, 2003.