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Kurniawan began buying and selling large amounts of rare wines in the early part of the 2000s, [8] spending as much as $1 million a month buying auction lots by 2006. [6] [9] At the same time, he began hosting tastings of rare wines with other collectors; he showed so much affinity for the ultraluxury Burgundy producer, Domaine de la Romanée-Conti, at these events that he became known as "Dr ...
A wine auction may also auction other alcoholic beverages than wine. There are two basic types of wine auctions: first hand wine auctions, where wineries sell their own wines, and second hand wine auctions, arranged by auction houses or other auctioneers to make it possible for any owners of wine to trade it. In most cases, the wines traded at ...
Rudy Kurniawan was a rich Indonesian wine collector with a fascination for Burgundy, and he spent millions of dollars on wine and also sold countless bottles of fake wine. Acker Merrall & Condit, an auction company, broke records by selling US$35 million worth of Kurniawan's wines in 2006 (equivalent to about $53M in 2023). In 2008, the firm ...
Iron Gate Private Wine Management is a Canadian wine storage, wine auction and collector services company which operates a 150,000-bottle subterranean storage facility and sells wine for their collector clients. The facility is 6,000 square feet in size and located 20 feet under ground. [1] Iron Gate typically stores larger wine collections. [2]
The auctions are to a large extent focused on semi-sweet and sweet Riesling wines, but some dry Riesling wines, Spätburgunder wines and a few other wines are also auctioned, depending on the region. The German wine classification system lends itself to differentiation of wines, especially sweet wines, according to quality level.
Langton's logo. Langton's Classification of Australian Wine is a listing of fine Australian wines compiled by wine-specialist auction house and online merchant Langton's. The Classification is a ranking of the best-performing Australian wines based on secondary market support over a minimum of 10 vintages.
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