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Wine auction market shrinking, Lafite bubble bursts

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A superlot of 55 bottles of every vintage of Domaine Romanee Conti (DRC) released between 1952 and 2007, with the exception of 1968 which was never released, are shown at an auction preview in Hong Kong December 7, 2011. REUTERS/Bobby Yip

A superlot of 55 bottles of every vintage of Domaine Romanee Conti (DRC) released between 1952 and 2007, with the exception of 1968 which was never released, are shown at an auction preview in Hong Kong December 7, 2011. REUTERS/Bobby Yip
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Chief Executive Officer of wine auctioneer Acker Merrall & Condit John Kapon poses with a Domaine Romanee Conti (DRC) wine bottle from 1952 which is part of a super lot of 55 bottles of every vintage of DRC released between 1952 and 2007, with the exception of 1968 which was never released, at an auction preview in Hong Kong December 7, 2011. REUTERS/Bobby Yip

Chief Executive Officer of wine auctioneer Acker Merrall & Condit John Kapon poses with a Domaine Romanee Conti (DRC) wine bottle from 1952 which is part of a super lot of 55 bottles of every vintage of DRC released between 1952 and 2007, with the exception of 1968 which was never released, at an auction preview in Hong Kong December 7, 2011. REUTERS/Bobby Yip
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