How long has winebidding been in existence?

Wine bidding, often associated with auctions of fine and rare wines, has been in existence for several decades, with notable auction houses like Sotheby's and Christie’s conducting wine auctions since the late 20th century. The practice has gained popularity particularly since the 1990s, as collectors and investors sought new ways to acquire sought-after vintages. Today, both physical and online wine auctions continue to thrive, reflecting a growing interest in wine as an investment.