• 10,000-Euro Wine on Way to China


    PARIS, December 6, 2013 (AFP) – A bottle of 2004 Romanée-Conti from the French Prime Minister’s cellar is on its way to China after fetching 10,500 euros ($14,300) at auction here on Friday, more than twice its guide price.

    The highly-prized burgundy was one of 1,400 bottles put up for sale as part of government efforts to trim France’s budget deficit, at an auction that fetched more than 173,000 euros.

    Huang Lishen made the winning bid, but the 27-year-old revealed he would not be getting to taste the wine.

    “I’m buying for a friend in China who imports wine,” Huang told AFP.

    Despite the hefty price tag for the most sought-after item, Huang said prices were generally more reasonable for the prime ministerial bottles than they had been at an auction of stocks from the presidential cellar in May.

    Chinese buyers were also prominent in that sale, at which the sale of 1,200 bottles raised 720,000 euros.

    In both sales, the bottles were given additional value for collectors by the addition of special labels certifying their origin.

    1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)


    Loading ... Loading …

    Comments are closed

     
  • You Only Live Once! It’s back with a winter time swing, so come down and join some of the Arcadia Recreation Department’s staff for an evening of fun at the Dana Middle School Gym, 1401 S. First Avenue in Arcadia, from 5-10pm....
    Happy New Year! Rose Parade Float Trophy Winners...
    AND AWAY THEY GO… The Valentine Derby steering committee is looking forward to a wonderful fundraiser party at the Santa Anita Race Track this Saturday, April 12. The event will feature a silent auction during the cocktail hour, a seated dinner a...
    With an all-time high of 875 in attendance, Methodist Hospital’s 19th annual Mardi Gras also raised a record-breaking $144,000 to benefit the hospital’s important cancer program....
    The Pasadena Guild of Children’s Hospital Los Angeles has pledged a $3 million endowment to fund the Pasadena Guild Chair in Developmental Biology and Regenerative Medicine at Children’s Hospital Los Angeles....
     
     
     
    Directory powered by Business Directory Plugin