2006 Wine Auctions Break $200 Million Mark
In 2005, auction houses sold $166 million worth of fine and rare wine, a record amount and a 31 percent increase over 2004 sales. But apparently that was just a warm-up for 2006. According to numbers released by major auction houses and select Internet auction firms, sales exceeded $240 million last year, a dramatic 45 percent increase over the year before.
For the full article, check out the new issue of Wine Spectator, on newsstands February 15, 2007.
