Auction Prices Hold Firm in Bear Market
Issue: June 15, 2001
June 15th, 2001 Auction Prices Hold Firm in Bear Market During a week of sell-offs on global stock markets, prices for fine and rare wines held quite firm. Between March 17 and 24, when the Dow Jones fell roughly 500 points, four major wine auctions in San Francisco, New York and London averaged a respectable 85 percent sold.
For the full article, check out the new issue of Wine Spectator, on newsstands June 15, 2001.