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Wine prices are moderately rising, 2022-11-29 at the wine auction WineBid Wine Auctions. One bottle 750 ml Chateau Margaux 2003 change hands
+10,50 % in the black, the fine wine auction at WineBid Wine Auctions gets new results for wine values. One bottle was auctioned and realized a worth of 596,05 $ per 750 ml bottle. A next to last fine wine price of 539,39 $ was adopt on 2022-11-22 at WineBid Wine Auctions. The changes in value since then was +10,50 %. The first wine value from Chateau Margaux, 2003, 750 ml, was listed at 350,00 $, on 2004-11-01 at Chicago Wine Company. One bottle Chateau Margaux was purchased from a wine investor and sold for 350,00 $ per 750 ml unit. Since then the Chateau Margaux vintage 2003 achieved a wine value increased about +70,30 %.
Not only the value was affected by the last price rise of +10,50 %, also the two trends were changed. The short-term trend won and reached +0,89 %, the long-term trend increases and is available at +28,67 %. A positive short-term trend may lead to an investment decision. The higher this trend the more likely a rise in prices can be. In this case and at the moment, it seems that for the Chateau Margaux vintage 2003, investing in wine markets is not economically promising.
- Starting Date
- 2004-11-01
- First Price
- 350,00 $
- Price 2022-11-29
- 596,05 $
- Performance/Year
- +2,99 %
- Total Performance
- +70,30 %
Wine value including fees and taxes 700,36 $