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New wine prices for Chateau Margaux at Hart Davis Hart Wine Auction wine auction, held on 2022-12-16
-16,11 % in the red, the wine trading day at Hart Davis Hart Wine Auction carried new results for wine values. Six bottles were sold and reached a worth of 500,01 $ per 750 ml wine bottle. A previous fine wine value of 596,05 $ was reached on 2022-11-29 at WineBid Wine Auctions. The performance since then was -16,11 %. The earliest wine price from Chateau Margaux, 2003, 750 ml, was set 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 bottle. Since that time the Chateau Margaux vintage 2003 achieved a wine prices increased about +42,86 %.
Not only the value was affected by the last price fall of -16,11 %, also the two trends experienced a change. The short-term trend lost and reached +0,31 %, the long-term trend falls and stands at +27,88 %. A positive short-term trend can lead to an investment choice. The higher this trend the more likely a gain in prices can be. In this case and at the moment, it seems that for the Chateau Margaux vintage 2003, investing in wine markets seems not to be successful.
- Starting Date
- 2004-11-01
- First Price
- 350,00 $
- Price 2022-12-16
- 500,01 $
- Performance/Year
- +1,99 %
- Total Performance
- +42,86 %
Wine value including fees and taxes 597,51 $