Wine Auctions: Commercial Houses Innovate and Thrive

Plus, Auction Napa Valley cancels its 2021 charity event as organizers chart out a new format

Wine Auctions: Commercial Houses Innovate and Thrive
Charles Antin now auctions wine by live video feed, but he says collectors are still bidding and still looking for the same top wines. (Courtesy Zachys)
From the Mar 31, 2021, issue

How do wine auctions perform during a pandemic? Successful virtual strategies have helped the biggest auction houses raise millions through sales of rare wines, thanks to new buyers and a continued thirst for Bordeaux and Burgundy gems.

Plus, Auction Napa Valley, one of the biggest charity wine auctions in the United States, has canceled its 2021 event to focus on revamping the format. 

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