Winefield’s Auctioneers completed their twentieth wine auction in Amsterdam on Sunday, October 2nd at a new location, the Diamantslijperij. It was once again a very successful day, with over 88% in value being sold.
This is an encouraging result, considering that auctions in 2011 have been challenged to repeat their record setting performances of 2010. Last weekend, Sotheby’s held their worst auction ever in Hong Kong. They have also closed their Amsterdam office, except for sourcing.
A couple trends seem apparent: the crazy prices for Lafite Rothschild have seemed to plateau, but Mouton Rothschild has come on strong, a shift of Chinese allegiance perhaps? Could it be the decision to use a Chinese artist for the 2008 label is helping promote interest in China, whether Mouton intended it or not? more>>