Wines from the French President’s cellar are up for auction

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Would you like to have a bottle of wine, and that too a prestigious one? Well, there’s the wine from the residence of the French President due to go under the hammer on May 30 and May 31, care to bid? The bottles that are to be auctioned are from the main collection that is popped at the President’s table for dinners and receptions. “Some of them have participated in events linked to the history of the Fifth Republic.” The auction conduction by Drouot includes all wines, largely Burgundy and Bordeaux and the estimate values of these range from as low as $20 to as high as $3,000, the costliest of the lot being the Petrus 1990. Most were created in 1947 and are ready for immediate consumption, says sources. A total of 1,200 bottles will be sold, that is 10% of the Elysee Palace’s collection. “The Palace cellar is hoping to raise around $330,000 to raise funds for refurbishment work.”
Update –
The auction of Eylsee Palace wines raised €718,000 (about $938,000).

[Via – BBC]

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