The world’s most expensive Cognac goes under the hammer

With the Chinese and Russian buyers stepping into the liquor collector’s market, the market is growing leaps and bound. And that seems to have prompted Dutch collector Bay Van der Bunt to put around 5,000 unopened bottles of spirits under the hammer. The £5 million ($7.94 million) collection also contains the world’s most expensive of Cognac too. The 1795 Cognac created in Brugerolle and followed Napoleon Bonaparte on his European conquests. The six-litre Jeroboam bottle has been hand blown and is said to be the last of its kind in the world.

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Purchased for £20,000 ($31,700) in 1990 from a Chicago based collector, the bottle is valued at £114,500 ($181,600). The other spirits that will go under the hammer include a Courvoisier & Curlier worth £39,000 ($61,800), which was distilled 223 years ago in 1789.