June 30, 1996 High-End Wine Sells Quickly in New York The first few minutes of the Sherry-Lehmann with Sotheby's May 11 wine auction foreshadowed the rest of the day's action. At a staccatoed clip, Jamie Ritchie, the head of Sotheby's New York wine department, knocked down two dozen lots of classic claret from the benchmark 1982 vintage mostly above the high estimates--and surpassing their first quarter 1996 averages in the Wine Spectator Auction Index by 20 to 40 percent in the process.
For the full article, check out the new issue of Wine Spectator, on newsstands June 30, 1996.
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