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New wine values, the wine auction WineBid Wine Auctions on 2022-11-22 sets new fine wine prices for Chateau Margaux vintage 2003 per 750 ml wine bottle. +23,55 % increase
At the auctioning at WineBid Wine Auctions on 2022-11-22 a lot of wine collectors, food connoisseurs and wine investors In the offering was one bottle Chateau Margaux from the fine wine region Bordeaux. This very nice drop of wine 2003 vintage, in a 750 ml size, again reached a lot of resonance and could be sold under the hammer for 539,39 $. A penultimate wine price of 436,56 $ was reached on 2022-11-18 at Zachys Wine Auction London. The value development since then was +23,55 %. The earliest wine value from Chateau Margaux, 2003, 750 ml, was announced at 350,00 $, on 2004-11-01 at Chicago Wine Company. One wine bottle Chateau Margaux was purchased from a wine investor and sold for 350,00 $ per 750 ml unit. Since that time the Chateau Margaux vintage 2003 adopted a wine value increased about +54,11 %.
Not only the wine price was influenced by this value climb also the two trends changed. The short-term trend wonand now stands at +1,21 %, the long-term trend rose and stands at +28,67 %. A positive short-term trend may lead to an investment decision. The higher this trend the more likely a gain in prices can be. Currently, it seems that the 2003 Chateau Margaux a wine investment is not economically promising.
- Starting Date
- 2004-11-01
- First Price
- 350,00 $
- Price 2022-11-22
- 539,39 $
- Performance/Year
- +2,42 %
- Total Performance
- +54,11 %
Wine value including fees and taxes 633,78 $