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Bull Market for Wine

New bidders and worldwide demand for top wines have energized auctions. Can the boom times survive economic uncertainty?
Peter D. Meltzer
Issue: November 30, 2007

When the gavel came down on lot 150 at an Aulden Cellars-Sotheby's auction on Nov. 18, 2006, an audible gasp rose from the audience, followed by a burst of applause. An absentee bidder had paid a record-breaking $1.

For the full article, check out the new issue of Wine Spectator, on newsstands November 1, 2007.

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