Even people who don’t know the difference between rose and cabernet have heard of Chateau Lafite Rothschild. Demand from emerging markets is boosting the value of many vintages of this iconic French maker.
"For years, a 1982 Chateau Lafite Rothschild was valued at $500 a bottle," said Frank Martel, director of fine wine for Heritage Auctions. "Suddenly it catapulted to averages of $50,000 for a case for a while and has now settled down to about $42,000 -- or more than $3,300 a bottle." That’s a difference of 600%.
No comments:
Post a Comment