Wine auctions: Lafite 1982, the belle and the crystal ball

The wine of the moment, everyone agrees, is 1982 Chateau Lafite-Rothschild. Jamie Ritchie, Sotheby’s North American wine department head, observes that “it now regularly brings $25,000 to $30,000 a case. The rise shows the strength of Asian buyers.” Last year you could have purchased a case for only $11,000. [Bloomberg]
Will 2008 be kind to the wine auction market? Have your say in the latest poll! (Check prices for a bottle of Lafite 1982 at retailers)
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On January 9th, 2008 at 9:21 am ,Steve wrote:
I hear it’s great mixed with Sprite