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Term (also auction or, in Austria, licitation) for the auctioning of products or goods of all kinds to the highest bidder. Auctions have always been common as a special kind of wine trade. Even in ancient Rome, special wines such as the famous Falernian were auctioned off. In the Middle Ages, it became established that buyers also travelled to the producers to meet their needs on site. Until the 17th century, wines were mainly auctioned in barrels, until bottling became common. The Bordeaux wine trade in particular, with England as its main customer, led the way. In Germany, it became customary to auction certain wines in the 18th century.

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The world's largest Lexicon of wine terms.

26,382 Keywords · 46,989 Synonyms · 5,323 Translations · 31,716 Pronunciations · 202,680 Cross-references
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