Two Smaller Sales Mirror Macro Market

As September winds down, Bordeaux and Burgundy remain in demand
Peter D. Meltzer
Issue: November 30, 2002

In the aftermath of September's multimillion-dollar wine auctions, Butterfields' $311,000 auction in San Francisco and Sotheby's $650,000 sale in London seem relatively modest. Nevertheless, they are a valid barometer of overall market conditions, albeit in microcosm.

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