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Much like the Dow, which periodically changes its components to better reflect market activity, the Wine Spectator Auction Index is also subject to adjustment. One important change in this report: The 1961 Bordeaux listing has been replaced by a listing for the 2000 vintage. While well-stored examples of the 1961 should enjoy a good shelf-life, price volatility for that older vintage (due to uneven condition and declining volume) makes 2000 a better gauge of the market.
For the full article, check out the new issue of Wine Spectator, on newsstands September 13, 2010.
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