Absentee Bids Propel Hot Lots Over the Top

March bidding roars as lots soar beyond estimates
Peter D. Meltzer
Issue: June 15, 2002

March sales at New York's two major auction houses demonstrated the lengths to which collectors will go to buy rarities. Whether it was scarce magnums of Henri Jayer Burgundies or large-format offerings of Château Pétrus 1982, determined bidders sent prices way over the top, leaving presale estimates and Wine Spectator Auction Index averages in the dust.

For the full article, check out the new issue of Wine Spectator, on newsstands June 15, 2002.

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