White Wine: Raise Your Glass to This New Investment
There aren’t many wines that come with their own bodyguard. But this isn’t just any old drink. It’s the world’s most expensive bottle of white wine.
The 200 year-old Chateau d’Yquem was snapped up for £75,000 ($123,000) by French collector Christian Vanneque.
Vanneque explains:
“It is like getting acquainted with a lady who is 200 years old and I am quite shy. It is next to me and I just touched it earlier and it is quite humbling. I knew I had Napoleon’s height and now I have something from his reign.”
Fine wines have become a hot market for investors seeing an alternative to riskier stocks and shares.
Last year a 1947 French Cheval-Blanc, sold by Christie’s in Geneva for 192,000 pounds ($314,000).
Vanneque will put the wine on display in his new restaurant in Bali later this year. But in six years time – after a 50-year career as a sommelier – he plans to share it with friends and family
Only then will he know whether the 200 year-old vintage has truly improved with age and if it was worth the hefty price tag.
Bottom line: A private French collector has paid 75,000 pounds ($123,000 US) for a 200-year-old white wine, setting a new world record for a bottle of white wine sold commercially.
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