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Nov 29, 2016 @ 3:06

INSIDE THE HIGH-STAKES WORLD OF SIX-FIGURE WINE AUCTIONS

It hits the news all the time: A bottle of wine gets auctioned for a seemingly absurd five- or six-figure amount to some serious collector. Would could possibly make a wine worth that much?

Christie’s Auction House—arguably the most renowned art business in the world—also happens to be a major player in the high-end wine scene. Holding nearly 20 live wine auctions a year, along with an packed schedule of online events, the company must vet, organize, and appraise countless bottles of rare and super-old wine (the auction house hit a world record last year when they sold the Domaine de la Romanée-Conti, Romanée-Conti 1990 five-magnum lot for $269,500).



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