Peter Creasey
Peter Creasey
Billionaire's 25,000 wine bottles go to
auction for up to $50 million combined
Sotheby's called the wine bottle group 'by far the largest and
most valuable ever to come to market'
About 25,000 wine bottles owned by a billionaire will become
available in a planned auction series, and their collective
sales are expected to bring in an eye-popping amount.
Taiwanese billionaire Pierre Chen owns the massive amount
of bottles set for auction as part of "The Epicurean’s Atlas,"
according to Sotheby’s. The auction house on Wednesday
pegged their collective sale value at up to an estimated $50
million.
The estimated values of the lots vary, with two Domaine de
la Romanee-Conte La Tache Methuselahs that could
potentially come in the $120,000-$190,000 each range and
a 2017 Domaine Faiveley Musigny Grand Cru Magnum
could sell for $11,000-$15,000, for example, according to
a press release from the auction house.
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. . . . . Pete