It’sbeen a mixed picture for Napa Valley’s top names on the secondary market in recent months, even if there are plenty of developments for collectors to track.
Matthew O’Connell, CEO of LiveTrade at Bordeaux Index, said the merchant had ‘sold a bit more California wine than last year’, but also that trading activity was higher elsewhere. Liv-ex, a global marketplace for the trade, said in October that California’s share of trades by value year-to-date was lower than it was in 2021 and 2020.
On top Napa labels, ‘there are examples of some decent price gains’, said O’Connell. ‘Dominus is up 15% year-to-date on average.’ There’s a broad range within that.
