Bidders Aren't Tired

Final wine auctions of 2006 show no signs of a slowing market
Peter D. Meltzer
Issue: February 28, 2007

Apart from new record prices, the most revealing aspect of the final auctions of 2006 was the 91 percent average sold rate. Always a good barometer of the market's health, the rate is particularly strong given how much wine went on the block: Nearly 17,000 lots brought in $40.

For the full article, check out the new issue of Wine Spectator, on newsstands January 18, 2007.

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