And since many of these auctions are on online, buyers and sellers can easily come together and buy superior wines that would not typically be accessible.
The latest rarity coming to market: a 1924 4.5-liter bottle of Chateau Pétrus, one of Bordeaux's premier wines.
And it's expected to fetch six figures.
Because the wine world has been on fire lately.
Take the wine auction of the late co-founder of Chesapeake Energy, Aubrey McClendon. His collection sold for $8.4 million back in September, much more than they expected, according to Hart Davis Hart Wine of Chicago, who ran the event.
Or the recent October auction at Zachys that was dubbed "The Vault," because the seller wanted to remain anonymous. That auction realized more than $5.5 million, including over $90,000 spent on six magnums.
So get out your paddles, because there is another exceptional event coming up in December. Zachys got its hands on the collection of Nath. Johnston & Fils, from Bordeaux, France.
This legendary wine-world family, whose company was founded in 1734, has decided to sell its centuries-old wine collection.
What's so unique about this collection is that "the wines were purchased directly from the châteaux [a.k.a. the wineries], on release, and have been in the possession of Nath. Johnston & Fils ever since," says Charles Antin, Zachys senior international wine specialist and auctioneer.
"In addition, many of the bottles have been re-conditioned at their respective châteaux, and re-corked, re-labeled, and re-capsuled at that time," adds Antin.