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Gavel trouble
I am told that there is another major incident in the American fine wine market involving a very considerable consignment of wine sold by one individual to another in the US. Auction house A then refused to sell it, so the new owner went back to the vendor. Much tussling.
And the result apparently is that auction house B has sold some or all of it, in the US, with auction house C's lien on it. All very mysterious indeed.
I would urge anyone buying fine wine anywhere, and particurly in Hong Kong, which is such a honeypot for the fine-wine trade today, to be as annoyingly curious and pernickety as it is humanly...
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