| BUSINESSWEEK ONLINE : SEPTEMBER 6, 1999 ISSUE | ||||||||
| ||||||||
 | ||||||||
| BUSINESSWEEK INVESTOR
Strategies for Oenophiles TARGET OLDER VINTAGES Auctions are best for hard-to-find wines, especially those more than 40 years old. Retailers may offer better buys on younger vintages. THINK BORDEAUX It offers the most liquid market and may be the best long-term investment. While California, Italian, Spanish, and Australian wines are showing up at auctions, they don't have much of a price history. Prices of rare California wines seem particularly inflated. BID OVER THE NET Online wine auctions are on the rise, increasing the number of available bargains. Web auction leaders include Morrell & Co. (winesbymorrell.com; 212 688-9370) and eBay's Butterfield & Butterfield (www.butterfields.com; 415 861-7500). _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
|  |
 | |
RELATED ITEMS What Am I Bid for This Well-Aged Bottle? PHOTO: A Wine Auction at Sotheby's, London PHOTO: An 1870 Wine That Sold for $44,000 TABLE: Strategies for Oenophiles INTERACT E-Mail to Business Week Online | |||
