Living: Burgundy Boom

Prices zoom for a great vintage

For wine lovers around the world, a momentous annual ritual is the wine auction in the Burgundian city of Beaune. Technically, it is a charity sale: for the past 127 years, the auction has been the principal source of support for the Hospices de Beaune, a hospital that has been in continuous operation since 1443. In practice, the sale of wine from its Premier and Grand Cru vineyards is a closely watched price barometer for all Burgundies. At this year's auction, in a hall bedecked with medieval...

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