Leslie's Feed
Jun 28, 2011

Lighter, greener plastic wine bottles gain favor

By Leslie Gevirtz

NEW YORK (Reuters Life!) – Wine producers from New Zealand, the United States and even France are switching from glass to plastic wine bottles, saying they are lighter, good for the environment and not bad for the wine.

The PET, polyethylene terephthalate, bottles are 100 percent recyclable, unbreakable, lighter and smaller to transport than glass and take less energy to create.

Jun 14, 2011

Bartender! Pull me a glass – of Pinot Noir

NEW YORK (Reuters) – It seems size does matter, at least when it comes to serving wine.

Some U.S. wine producers are taking a tip from their European cousins and are shipping restaurants and bars wine in kegs, instead of bottles. For consumers it should mean better wines at cheaper prices.

Jun 7, 2011

Back to the future with wine pouches

By Leslie Gevirtz

NEW YORK (Reuters Life!) – The quest for the perfect wine container has been going on since the Stone Age when our ancestors drank naturally fermented grapes from animal-skin pouches.

They are now back in vogue in the United States where at least three U.S. wineries are offering wines in high tech foil pouches that resemble children’s fruit drinks — only for adults.

Jun 3, 2011

Bottle of Champagne sells for world record $43,630

By Leslie Gevirtz

NEW YORK (Reuters Life!) – A bottle of Veuve Clicquot salvaged from a 19th century shipwreck in the Baltic Sea set a world record for Champagne on Friday when it sold for 30,000 euros ($43,630) at an auction in Aland, Finland.

It is one of two bottles from a cache of 145 recovered from a two-masted schooner. The Clicquot was sold to an Internet bidder from Singapore after a spirited round with an American bidder at the auction in Mariehamn, Aland’s capital.

May 17, 2011
via Shop Talk

Christie’s sets one wine record, blows another

Christie’s auction in Geneva on Tuesday claims to have set a world record price for a bottle of red Burgundy. A  U.S. buyer bought the 750 ml bottle of 1945 Romainee-Conti for $123,889.  But the house failed to sell its showcase lot of the auction — 315 bottles representing every vintage from ’45 to ’07 produced by each of the first five growths of Bordeaux.

Meanwhile in New York on Saturday, the star lot – a complete vertical of Chateau Mouton-Rothschild spanning ’45-’07 sold to an Asian collector for $150,000.

May 17, 2011

Making wine at the end of the world

By Leslie Gevirtz

NEW YORK (Reuters Life!) – Patagonia, the huge swath of land at the southern tip of South America, is known for its rugged mountains and glaciers but an innovative group of winemakers are hoping to add wine to the list.

Santiago Bernasconi, a 38-year-old winemaker at Bodega NQN in Neuquen, Argentina, and his colleagues are making wine on the edge of the earth.

May 13, 2011
via Shop Talk

Arbitrage in Bordeaux

Photo

New York’s branch of Christie’s is auctioning a collection of 64 bottles of Mouton-Rothschild on Saturday that spans the years 1945-2007.  It’s Geneva branch is auctioning a collection of 315 bottles spanning the same 62 vintages, but from all five first growths including Mouton-Rothschild on Tuesday.  (See story “Mystery collector to sell rare wines” [ID: nN10231397])

Saturday’s lot is selling for between $100,000 and $150,000, while Tuesday’s is estimated to sell for $696,000 to $929,000. And the price difference presents collectors with an arbitrage opportunity.

May 10, 2011

Mystery collector to sell rare wines

By Leslie Gevirtz

NEW YORK (Reuters Life!) – An anonymous French wine collector is giving new meaning to the term spring cleaning – at least when it comes to emptying out his cellar.

He is selling 315 bottles spanning more than 60 vintages from the top Bordeaux houses at Christies in Geneva on May 17 and was also behind the sale of 158 bottles of three centuries of Chateau d’Yquem in Hong Kong last May, which netted slightly more than $1 million.

Apr 26, 2011

Champagne from Baltic Sea shipwreck up for grabs

By Leslie Gevirtz

NEW YORK (Reuters Life!) – Two bottles of champagne, thought to be about 200 years old and part of a cache of 150 salvaged from a 19th century shipwreck in the Baltic Sea, will be auctioned in Finland in June.

The cache, which belongs to the government of Aland, an archipelago in the Baltic, includes a bottle from the house of Veuve Clicquot and another from Juglar, which closed its doors in the early 19th century.

Apr 19, 2011

Insuring wine goes down the hatch, not up in smoke

By Leslie Gevirtz

NEW YORK (Reuters Life!) – There’s a growing market for insuring fine wine as even people who had never thought to insure their liquid assets, or don’t even have a cellar, discover they have a valuable commodity.

“There are people who have not thought of insuring and they have been collecting for years,” Yannick Daucourt, fine art specialist for XL Insurance, said.