The Wine Spectator Auction Index, which tracks sales at fine-wine auctions in the U.S., was virtually unchanged, rising just .02 percent in the fourth quarter of 2012. Minuscule as the gain was, it marks a halt to consecutive declines over the past six quarters. Most auction executives now feel the market may have gained stability.
For the full article, check out the new issue of Wine Spectator, on newsstands February 26, 2013.
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