Wine Price NewsBack
2022-12-21 - three wine bottles Chateau Margaux, 750 ml, vintage 2003, purchased from a wine investor
A lot of investors in fine wines were surprised, when the lot was finally knocked down after 558,89 $ per bottle. On 2022-12-21 the wine auction house KL-Wines Wine Auctions was able to record strong interest again. The when three wine bottles 2003 Chateau Margaux in a 750 ml unit were sold. In the next to last wine auction on 2022-12-16 at Hart Davis Hart Wine Auction, six wine bottles of 2003 Chateau Margaux were sold for 500,01 $. The first 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 auctioned for 350,00 $ per 750 ml bottle. Since that date the Chateau Margaux vintage 2003 adopted a wine prices increased about +59,68 %.
Not only the value was influenced by the last price increase of +11,77 %, also the two trends were altered. The short-term trend won and reached 0,00 %, the long-term trend rises and is available at +27,88 %. A positive short-term trend can lead to an investment choice. The higher this trend the more likely a rise in prices is possible. In this case and at the moment, it seems that for the Chateau Margaux vintage 2003, a wine investment is not promising as a successful investment.
- Starting Date
- 2004-11-01
- First Price
- 350,00 $
- Price 2022-12-21
- 558,89 $
- Performance/Year
- +2,61 %
- Total Performance
- +59,68 %
Wine value including fees and taxes 625,96 $