June 15, 1997 The Wine Boom Is there no limit on prices? By Kim Marcus What is going on? Is that the question you find yourself asking when you go into your local wine shop? Does every new California Cabernet Sauvignon have to be priced at $35 or more a bottle? Why has first-growth Bordeaux doubled in price in six years? Where did all the great bargains go? Welcome to the wine boom of the mid-1990s, a millennium-ending frenzy that is driving up prices and leaving shortages of top wines in its wake.
For the full article, check out the new issue of Wine Spectator, on newsstands June 15, 1997.
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