Wine sells at auction for record $558,000

[Still Waters]

A bottle of French wine has fetched a record-breaking $558,000 (£424,000) at an auction in New York.

The 1945 Romanee-Conti sold for 17 times its upper estimate of $32,000 at Sotheby's in New York on Saturday.

The previous record for a standard wine bottle was $233,000 - an 1869 Chateau Lafite Rothschild sold in Hong Kong in 2010.

But the record for any size is $310,700 for a three-litre 1945 Mouton-Rothschild in 2007.

The 1945 bottle is one of just 600 made that year by Romanee-Conti, considered to be the best Burgundy wine.

https://news.sky.com/story/fine-french-wine-sells-at-auction-for-record-558000-11525731

[freetoroam]

Ridiculous. 

12 minutes ago, Still Waters said:

The 1945 Romanee-Conti sold for 17 times its upper estimate of $32,000 at Sotheby's in New York on Saturday.

So the buyer has too much money, would be interesting to know if the buyer owns a company and how generous they are towards their employees? 

Quote

Sotheby's said the wine was made just before the vineyard was uprooted and that, despite "heavily damp-stained, scuffed, torn, and partially missing" labels, the vintage was "rare and wonderful".

Not half as wonderful as the conmission they will be making. 

17 times the estimated price? How can someone so stupid be so rich?  

[zep73]

One born every minute. (Two in America...)

[XenoFish]

For that price it better make you instantly drunk  and keep you that away for days on end.