I was tempted to file this one under "Wine Travel", but figured this to be a better fit. Concerning the now certainty that it is the Asian market, and particularly that of China that is the rising tide that is lifting the prices of fine wines in the world today, including all auction houses, retail locations that possess the finest in the best of years, etc.
It's not unusual in fact to witness brokers for these Asian buyers walk into any retail establishment, pick out the best the store has, buy it up no matter the cost, then walk out the door with $20,000 of Chateau Margaux or Petrus stashed in ocb's from Yellowtail and the like.
Hart-Davis-Hart, a Chicago-based auction house and one familiar to a lot of us here just released their results from their last sale and it marks a specific, eh how to say: "big time, upward freaking trend" in the value of the very finest. The biggest winner was the 1989 Chateau Haut-Brion, as several formats of it rose to easily surpass their expected market values.
Beyond those results, here is an image I just saw at HDH's website:
...They're going on freaking tour, man. It all starts on October 10th. You can click on the pic or here to check out the page on HDH's website for yourself.
Back to Categories
Search the Snooth ForumSearch
- Need help with wine storage 8 posts
- Site seems to be running slow and some functions aren't working at all. Is it the same for anyone else?5 posts
- Five Vintage Leoville Las Cases Vertical and more...3 posts
- Can you order online ??2 posts
- Dinner at Capital Grille Wall Street NYC with "Unlimited Pours" of Top Wines1 post
Top Contributors This Month
- 91 posts
- 82 posts
- 65 posts
Taittinger Brut Reserve (NV)Cellared
Site seems to be running slow and some functions aren't working at all. Is it the same for anyone else?Replied
Whatcha drinking tonight?Replied
Francis Coppola Sofia Rosé (2012)Rated
Five Vintage Leoville Las Cases Vertical and more...Replied
Need help with wine storageReplied
Schmitt Sohne Funf 5 Riesling RieslingCellared
Trefethen Merlot Napa Valley (2012)Cellared
Weekend Wines - Post Pictures of your SelectionsReplied
Terre Molin Amarone (2005)Wishlisted