State banks on Champagne sale
Source: Agencies |
March 18, 2012, Sunday
|
Print Edition
Print Edition
LIKE smart investors who dispose of their stocks, the government of Aland, a string of islands off the coast of Finland, is selling 11 bottles of antique Champagne from a cache of 145 found at the bottom of the Baltic Sea.
Divers from Aland stumbled across the Champagne and beer while exploring a shipwreck in July 2010. The owner of the vessel and its destination remain unknown, but the craft and its cargo now belong to the government of Aland.
"We began by selling two bottles of this antique Champagne at an auction last year," Rainer Juslin, head of Aland's Department of Education and Culture, said in a statement.
One of two bottles, a Veuve Clicquot, sold for US$43,630, at the auction at New York wine house of Acker, Merrall & Condit, setting a world record price for a single bottle of Champagne.
The French auction house Artcurial, Briest-Poulain-F Tajan will conduct this year's auction on June 8 in Aland.
Divers from Aland stumbled across the Champagne and beer while exploring a shipwreck in July 2010. The owner of the vessel and its destination remain unknown, but the craft and its cargo now belong to the government of Aland.
"We began by selling two bottles of this antique Champagne at an auction last year," Rainer Juslin, head of Aland's Department of Education and Culture, said in a statement.
One of two bottles, a Veuve Clicquot, sold for US$43,630, at the auction at New York wine house of Acker, Merrall & Condit, setting a world record price for a single bottle of Champagne.
The French auction house Artcurial, Briest-Poulain-F Tajan will conduct this year's auction on June 8 in Aland.
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