Sell your wine | Understanding iDealwine auction price estimates
For more than 20 years, the iDealwine Auction Price Estimate has been THE reference in the wine auction market.
For more than 20 years, the iDealwine Auction Price Estimate has been THE reference in the wine auction market.
The latest iDealwine online auction, which closed on 14 December, put Burgundy grands crus in the spotlight. A bottle of Romanée-Conti topped the €10,000 mark in this sale. Burgundy grands crus are unlikely to see a let-up in prices any time soon. For some years, rarity, prestige and global demand have combined to produce an explosive cocktail, and on the rare occasion a Côte de Nuits grand cru comes up for sale, the price invariably goes sky-high, regularly setting new records. That’s what happened in the auction on 14 December, when an Austrian…