A collection of rare wines up to 100 years old is expected to sell at auction for $10 million
- 877 bottles of
winedating back from 1911 to 1943 are being auctioned off this week.
- CNBC reported that the collection of
vintagewines are expected to sell for $10 million
- In 2020,
champagnesales declined 18% due to restrictions on indoor dining at bars and restaurants.
If you have a taste for 100-year-old champagne - and a bit of cash to spare - you may be in luck.877 bottles of champagne and burgundy wine with vintages dating between 1911 and 1943 are being auctioned by Acker, the largest wine
With there being strict lockdowns and less opportunity for indoor dining at restaurants and bars during the pandemic, champagne sales declined nearly 18% in 2020, Insider previously reported."The bottles offered in this sale are truly the cream of this collection," Acker Chairman, John Kapon, told CNBC. "To offer such depth and breadth of Salon, Krug, Bollinger, Louis Roederer, Pol Roger and Pommery back to the 1920s, and Moet & Chandon back to the 1910s, is truly a rare privilege for myself as an auctioneer."
The auctioneer told CNBC that there was "a significant effort" put into the vetting of the 100-year-old collection of wines. Kapon said, "any bottles deemed to have suboptimal color or conditions were removed."
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