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Wine Auction
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 wine auctions are collectible "fine wines" typically suitable for extended cellaring. Second-hand buyers may be looking for mature wines which are no longer available first-hand. In all types of auction the auctioneer charges commission to both buyers and sellers. First hand auctions First hand wine auctions are usually arranged by wine industry organisations, and fill promotional or charitable purposes, or are used to gauge the market. The wines sold at such auctions are usually special lot wines, or back vintages stored by the producers. An example of such auctions is the annual wine auction held by Hospices de Beaune in Burgundy, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London International Vintners Exchange
Liv-ex (London International Vintners Exchange) is a global marketplace for wine trading. It has over 600 members from start-ups to established merchants. Liv-ex supplies them with data, trading and logistics services. The platform publishes the actual prices at which wines are transacted and contains around £100m of firm buying and selling opportunities in over 16,000 wines. All are available to trade in real-time. Liv-ex additionally conceived the Standard-In-Bond (SIB) contract to assure stock condition, delivery and faster payments and provide transport and storage. The company was founded in 2000 by two stockbrokers, James Miles and Justin Gibbs. It started with a group of 10 founding members in London Trading Liv-ex's global network enables members to trade with other merchants worldwide. Trading on Liv-ex is reserved for professional buyers and sellers of fine wine, and is standardized and anonymous. The total value of bids and offers on Liv-ex surpasses £100million. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bordeaux Wine
Bordeaux wine ( oc, vin de Bordèu, french: vin de Bordeaux) is produced in the Bordeaux region of southwest France, around the city of Bordeaux, on the Garonne River. To the north of the city the Dordogne River joins the Garonne forming the broad estuary called the Gironde; the Gironde department, with a total vineyard area of over 120,000 hectares, is the largest wine growing area in France. Average vintages produce over 700 million bottles of wine, ranging from large quantities of everyday table wine, to some of the most expensive and prestigious wines in the world. The vast majority of wine produced in Bordeaux is red (sometimes called "claret" in Britain), with sweet white wines (most notably Sauternes), dry whites, and (in much smaller quantities) rosé and sparkling wines (Crémant de Bordeaux) collectively making up the remainder. Bordeaux wine is made by more than 8,500 producers or ''châteaux''. There are 54 appellations of Bordeaux wine. History Viticulture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Growth
First Growth (french: Premier Cru) status is a classification of wines primarily from the Bordeaux region of France. The best of the best wines were assigned the highest rank of Premier Cru; only five wines, Château Lafite Rothschild, Château Latour, Château Margaux, Château Haut-Brion, and Château Mouton Rothschild are rated First Growth. History Bordeaux reds The need for a classification of the best Bordeaux wines arose from the 1855 Exposition Universelle de Paris. The result was the Bordeaux Wine Official Classification of 1855, a list of the top ranked wines, named the Grand Crus Classés (Great Classified Growths). With several thousand Chateaux producing their wines in Bordeaux, to be classified was to carry a mark of high prestige. Within the Grand Cru Classé list, wines were further ranked and placed in one of five divisions. The best of the best wines were assigned the highest rank of Premier Cru; only four wines, Château Latour, Château Lafite Rothschil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sotheby's
Sotheby's () is a British-founded American multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK. Sotheby's was established on 11 March 1744 in London by Samuel Baker, a bookseller. In 1767 the firm became Baker & Leigh, after George Leigh became a partner, and was renamed to Leigh and Sotheby in 1778 after Baker's death when Leigh's nephew, John Sotheby, inherited Leigh's share. Other former names include: Leigh, Sotheby and Wilkinson; Sotheby, Wilkinson and Hodge (1864–1924); Sotheby and Company (1924–83); Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co. The American holding company was initially incorporated in August 1983 in Michigan as Sotheby's Holdings, Inc. In June 2006, it was reincorporated in the State of Delaware and was renamed Sotheby's. In Ju ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christie's
Christie's is a British auction house founded in 1766 by James Christie (auctioneer), James Christie. Its main premises are on King Street, St James's in London, at Rockefeller Center in New York City and at Alexandra House in Hong Kong. It is owned by Groupe Artémis, the holding company of François-Henri Pinault. Sales in 2015 totalled £4.8 billion (US$7.4 billion). In 2017, the ''Salvator Mundi (Leonardo), Salvator Mundi'' was sold for $400 million at Christie's in New York, at the time List of most expensive paintings, the highest price ever paid for a single painting at an auction. History Founding The official company literature states that founder James Christie (auctioneer), James Christie (1730–1803) conducted the first sale in London, England, on 5 December 1766, and the earliest auction catalogue the company retains is from December 1766. However, other sources note that James Christie rented auction rooms from 1762, and newspaper advertisements for Christi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hart Davis Hart
Hart often refers to: * Hart (deer) Hart may also refer to: Organizations * Hart Racing Engines, a former Formula One engine manufacturer * Hart Skis, US ski manufacturer * Hart Stores, a Canadian chain of department stores * Hart's Reptile World, a zoo in Oregon, United States * Harts Stores, a defunct American chain of department stores People * Hart (given name) * Hart (surname) ** Hart family, a family of Canadian professional wrestlers, plus some American and British wrestlers related by marriage *** The Hart Foundation, a number of tag teams or stables, most of them featuring second-generation members of the above family **** The Hart Dynasty, a late-2000s WWE stable that included third-generation members of the family * Hart family murders, a 2018 murder–suicide by Jennifer and Sarah Hart, who murdered their six adopted children Places Austria: * Hart, Austria Australia: * Hart, Northern Territory, a locality * Hart, South Australia, a locality * Cape Hart Conser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acker
Acker is a surname from German or Old English, meaning "field". It is related to the word " acre" and is the root of the surname Ackerman. People with this surname include: * Alex Acker (born 1983), American basketball player * Amy Acker (born 1976), American actress * Bill Acker (born 1956), American football player * Dieter Acker (1940–2006), German composer * Ed Acker (born 1929), American businessman * Enrico Acker (born 1990), South African rugby player * Ephraim Leister Acker (1827–1903), American politician * Fredda Acker (1925–1980), American baseball player and beauty queen * Hans Acker (c. 1380 – 1461), German stained glass artist * Henry Acker (1804–1874 or 1875), American politician * Jacob Acker, 15th-century German painter * Jean Acker (1892–1978), American actress * Jim Acker (born 1958), American baseball player * Joan Acker (1924–2016), American feminist sociologist * Johann Heinrich Acker (1647–1719), German writer * John Acker (1870–1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Wine Auctions
A number of German wine auctions are held each year, where the premier German wine producers auction off some of the best young wines, as well as some older wines. Most auctions are arranged by the regional associations of Verband Deutscher Prädikats- und Qualitätsweingüter (VDP). These auctions differ from wine auctions on the second-hand market held by auction houses, where collectible wines are sold by private or corporate owners, since it is "first hand" wines that are sold. Focus of the auctions Originally and up until the mid-20th century, before estate bottling was as standard as it is today, wines of more ordinary quality auctioned off by the barrel would also appear at these auctions. Today, the auctions are intended for small lot wines not sold through regular channels. Some of these wines are produced in quantities less than 100 litres. In the 2007 auctions, the smallest lot of a young wine corresponded to just 6 bottles (3 full and 6 half bottles) of a 2006 Trocke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcoholic Beverage
An alcoholic beverage (also called an alcoholic drink, adult beverage, or a drink) is a drink that contains ethanol, a type of alcohol that acts as a drug and is produced by fermentation of grains, fruits, or other sources of sugar. The consumption of alcoholic drinks, often referred to as "drinking", plays an important social role in many cultures. Most countries have laws regulating the production, sale, and consumption of alcoholic beverages. Regulations may require the labeling of the percentage alcohol content (as ABV or proof) and the use of a warning label. Some countries ban such activities entirely, but alcoholic drinks are legal in most parts of the world. The global alcoholic drink industry exceeded $1 trillion in 2018. Alcohol is a depressant, which in low doses causes euphoria, reduces anxiety, and increases sociability. In higher doses, it causes drunkenness, stupor, unconsciousness, or death. Long-term use can lead to an alcohol use disorder, an incre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Négociant
A winemaker or vintner is a person engaged in winemaking. They are generally employed by wineries or wine companies, where their work includes: *Cooperating with viticulturists *Monitoring the maturity of grapes to ensure their quality and to determine the correct time for harvest *Crushing and pressing grapes *Monitoring the settling of juice and the fermentation of grape material * Filtering the wine to remove remaining solids *Testing the quality of wine by tasting *Placing filtered wine in casks or tanks for storage and maturation *Preparing plans for bottling wine once it has matured *Making sure that quality is maintained when the wine is bottled Today, these duties require an increasing amount of scientific knowledge, since laboratory tests are gradually supplementing or replacing traditional methods. Winemakers can also be referred to as oenologists as they study oenology – the science of wine. Vintner A vintner is a wine merchant. In some modern use, particularly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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