From America to Zanzibar, the popularity of wine has skyrocketed in recent years. While millions of people around the world have come to appreciate both its elegance and its taste, there is also a growing number of wine collectors who recognize it as a sound investment. For these savvy individuals, the wine auction has become an important place to grow their wine "portfolios," just as it has become a place for top chefs and bargain-hunting wine aficionados to find superior wines. But if you thought wine auctions were just for the elite, think again. Internationally renowned wine auctioneer Ursula Hermacinski has written THE WINE LOVER'S GUIDE TO AUCTIONS to explain how wine auctions really work so that you can become an active and successful player. Why wine auctions? Simple. Once better wines have been sold to enthusiasts, these vintages can no longer be found on retailers' shelves. They do, however, resurface at wine auctions. While these exciting events are filled with dynamic movement and momentum - as well as unique opportunities - to the novice, auctions can be a bit intimidating. To help provide the newcomer with a clear understanding of what wine auctions are all about, Ms. Hermacinski has organized all the relevant information in one easy-to-use guide. The guide begins by looking at the fascinating history of wine auctions. It then explains wine basics and details the mechanics of the auction process itself - for sellers as well as buyers. The author then describes all the players involved in auctions and explains how to use the auction catalogue to maximise your chance of success. Included are a number of insider secrets, enabling you to save time and money. The author even examines numerous wine-related items that may be offered for sale, from rare texts to vintage posters.