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.
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.
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.