Home > Magazine Archives > May 15, 2002 Issue > Auctions
Prices Dip at Sixth Napa Barrel Auction
Bidders don't hesitate to pay well above retail prices
Despite the bearish economy, bidding was still strong at the sixth annual Premiere Napa Valley barrel auction held Feb. 23, with some buyers from the wine trade paying more than three times retail prices for comparable high-end Napa wines.
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