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Most expensive wine ever sold - Magical Realist - Nov 21, 2014

"An auction in Hong Kong has broken the world record for the most expensive lot of wine ever sold, with 114 bottles of Burgundy going for HK$12,556,250 (£1m, or $1.6m), Sotheby’s has said.

The auction house said a collection of Romanee-Conti, one of the world’s most sought after Burgundy labels, sold for the equivalent of $14,121 for each bottle or $1,700 per glass. The lot contained six bottles of each of the 19 vintages made from 1992 to 2010.

The previous record for a single lot of wine – also held by Sotheby’s – was $1.05m for 50 cases of top Bordeaux Chateau Mouton Rothschild 1982, sold in New York in 2006."====http://www.theguardian.com/lifeandstyle/2014/oct/05/hong-kong-auction-breaks-record-expensive-wine


RE: Most expensive wine ever sold - C C - Nov 21, 2014

(Nov 21, 2014 02:02 AM)Magical Realist Wrote: "An auction in Hong Kong has broken the world record for the most expensive lot of wine ever sold, with 114 bottles of Burgundy going for HK$12,556,250 (£1m, or $1.6m), Sotheby’s has said. The auction house said a collection of Romanee-Conti, one of the world’s most sought after Burgundy labels, sold for the equivalent of $14,121 for each bottle or $1,700 per glass. The lot contained six bottles of each of the 19 vintages made from 1992 to 2010.

The "absurd, attention-seeking whims of the idle rich" comes to mind -- but in this day and age there's probably a profit motive of hoping bloated egos of the future will buy it for even more. Or just having the record itself might be the necessary linchpin for a current opportunistic scheme.