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| The Gavel and the Grape | ||
| Value Judgement
05/03/2004 |
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• The barrel auctions provide opportunities for savvy oenologists to acquire excellent wines at reasonable prices. •
Barrel auction winners can have their wine bottled in unusually large bottles, increasing their rarity value.• In the live auctions, cult wines, such as Harlan Estate, Screaming Eagle and Colgin Cellars, may fetch top dollar. • Unique collections, such as those offered by Joseph Phelps Vineyards, Shafer Vineyards and Far Niente, are expected to appreciate significantly over time. • The opportunity to meet vintners and cultivate relationships is, in itself, an excellent investment, since it can secure coveted places on allocation lists. |