Bidders Aren't Tired
Final wine auctions of 2006 show no signs of a slowing market
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.