June 15, 1994 Morrell & Co. Opens New York's Commercial Auction Market in Businesslike Fashion New York's first commercial wine auction of the modern era started quietly, built up a head of steam and then settled down to a businesslike affair at which 888 lots were hammered down for a total of $516,360 in sales.
For the full article, check out the new issue of Wine Spectator, on newsstands June 15, 1994.
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