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Showing posts with the label fine wine

Australia’s Most Expensive Wine Costs $1,000 Per Bottle

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Lately, the Australian wine industry has been rather pessimistic over the size of its exports. But a soon-to-launch wine that costs $1,000 a bottle could get rid of the gloom. The wine in question is Penfolds’ 2008 Special Bin 620, poised to become Australia’s most expensive wine .  Coonawarra cabernet and shiraz go into the making of this fine wine.  As expected, these will be limited edition bottles – only 1,000 cases will be released throughout the world. However, the global launch will not take place in Australia.  Penfolds is taking the wine to Shanghai instead, a move that indicates the growing importance of Asia in the fortunes of Australian wine producers. Asia currently accounts for 10 percent of Australia’s wine exports. Recorking clinics and wine education in Hong Kong and Shanghai will accompany the grand global media launch and high-profile dinner that follows. Invitees to the dinner will include business bigwigs, high-flying wine industry ...

Australia’s Most Expensive Wine Costs $1,000 Per Bottle

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Lately, the Australian wine industry has been rather pessimistic over the size of its exports. But a soon-to-launch wine that costs $1,000 a bottle could get rid of the gloom. The wine in question is Penfolds’ 2008 Special Bin 620, poised to become Australia’s most expensive wine . Coonawarra cabernet and shiraz go into the making of this fine wine.   As expected, these will be limited edition bottles – only 1,000 cases will be released throughout the world. However, the global launch will not take place in Australia. Penfolds is taking the wine to Shanghai instead, a move that indicates the growing importance of Asia in the fortunes of Australian wine producers. Asia currently accounts for 10 percent of Australia’s wine exports. Recorking clinics and wine education in Hong Kong and Shanghai will accompany the grand global media launch and high-profile dinner that follows. Invitees to the dinner will include business bigwigs, high-flying wine industry represent...

Bonhams Fine Wine Sale Fetches £910,000

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On 7 July, the Bonhams Fine Wine Sale attracted a lot of attention. More importantly, it raised a great deal of money. The Fine Wine Sale recorded sales of over £910,000. 93 percent of the fine wines on sale were sold by value. However, the star of the show here was a case of 1988 Romanee-Conti. A UK buyer picked up this case of a dozen bottles for a staggering £74,750. Romanee-Conti came up trumps a second time when a buyer from South America shelled out £50,600 for six bottles of 1985 Romanee-Conti. Another big winner from the evening was a collection of fifty-nine bottles of Chateau Mouton Rothschild. This set of nearly 5 dozen bottles dated between 1945 and 2004 fetched £52,900 at the high profile wine event. This particular collection is all the more attractive because the labels on each vintage were created by artists of the time, people like Pablo Picasso, Salvadore Dali and Andy Warhol among others. 12 bottles of 1959 Chateau Mouton Rothschild fetched £18,400 at ...