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.
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.
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.
NEW YORK (Reuters Life!) – After buoyant wine auctions that saw booming sales, most auctioneers believe the only bubbles in the wine market are in the Champagnes poured during the bidding.
Chicago-based wine merchants Hart Davis Hart reaped $4.9 million at its Lafite auction on Saturday, reinforcing its image as the most sought-after, top growth Bordeaux. And on the same day New York’s Acker Merrall & Conduit sold $2.3 million at its auction.
NEW YORK (Reuters Life!) – The U.S. has given approval for the iconic Italian wine Brunello di Montalcino, which had been involved in a quality scandal, to be imported into the country.
The U.S. Department of Alcohol and Tobacco Tax and Trade Bureau (TTB), in a statement released last week, said that since Italy had certified the 2006 vintage it would allow the vintage to be sold in the U.S.
ANGERS, France (Reuters Life!) – More than 600 Loire valley winemakers gathered in Angers earlier this month for three days of tasting and touting their terroirs.
But the vignerons, whose vineyards are spread along the banks of river’s 630 miles, are as varied as the terroir or soils they till and the more than 740 million gallons (28 million hectoliters) of wines they produce each year.
NEW YORK (Reuters Life!) – A Chicago steakhouse is among the latest in a growing list of eateries around the globe that have scrapped conventional wine lists and instead are offering diners an iPad loaded with wine information.
The apps contain photos, tasting notes, vineyard maps and even winemaker videos to help customer make a choice from the sometimes hundreds of wines on offer.
NEW YORK (Reuters Life!) – With about 100 million Americans expected to watch the Super Bowl on Sunday a big decision for many fans will be what type of beer to drink during the four-hour television broadcast.
Gene Muller, the owner of the Flying Fish Brewing Company in Cherry Hill, New Jersey, said the choice of lager or ale for the game between the Green Bay Packers and the Pittsburgh Steelers could depend on whether or not you’re a football fan.
NEW YORK (Reuters Life!) – Fraud, Mother Nature and economics have caused havoc for icewine producers, reducing quantities and increasing prices for the sweet wines that Germans created and Canadians perfected.
“This year’s amount of icewine will be below average … Not many vintners took the risk,” said Monika Reule, the managing director of Deutsche Weininstitut, in Mainz, Germany, adding that the overall 2010 wine harvest in the country was smaller than average.
NEW YORK (Reuters) – Auction houses sold more than $350 million worth of wine worldwide in 2010, an amount roughly in line with or exceeding their pre-recession levels of 2007.
And all of them credited their sales in Hong Kong or Asian buyers for the spike in sales figures.