WCI auction sets new record, but still at a discount to secondary market

Published 20:26 on May 22, 2019  /  Last updated at 23:02 on May 22, 2019  / Dan McGraw /  Americas, Canada, US

The May California-Quebec current vintage auction sold out at the highest level in the programme's history, but the price marked a double-digit discount to the secondary market that has been driven by an influx of speculative interest in recent months, according to results released Wednesday.
The May California-Quebec current vintage auction sold out at the highest level in the programme's history, but the price marked a double-digit discount to the secondary market that has been driven by an influx of speculative interest in recent months, according to results released Wednesday.


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