Wine Auction Sales Rise in 2007

Published December 22nd, 2007


Global wine sales by Christie’s International rose 22 percent to a record $71.65 million this year, as demand remained strong for top Bordeaux, Burgundy and Rhone vintages.

Christie’s European sales fetched a total $44.43 million and its U.S. auctions raised $27.22 million, the auction house said in an e-mailed statement yesterday. Sotheby’s reported on Dec. 13 a 32 percent increase in its sales to $49.29 million.

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