Owner is Corinne Mentzelopoulos, sounds Greek to me...
Chateau Margaux Dating Back to 1900 to Go on Sale at Sotheby’s
2015-07-11 12:11:09.314 GMT
(For more on the wine market, see TOP WINE)
By Guy Collins
(Bloomberg) -- Wines from the cellars of Bordeaux first
growth Chateau Margaux dating back to 1900 will go on sale at
Sotheby’s New York in October in an auction estimated to fetch
as much as $1.4 million, according to a Sotheby’s e-mail.
The earliest bottle, from the 1900 vintage, is priced at up
to $15,000, while a bottle dating from 1945 is indicated at as
much as $4,000.
The sale is intended as a retrospective of the
Mentzelopoulos family’s ownership of the estate, which dates
back to the 1978 vintage. It comes amid signs prices for recent
top Bordeaux wines are beginning to revive after a price slump
since mid-2011.
“This is a truly historic sale,” Jamie Ritchie, chief
executive officer of Sotheby’s Wine, Americas & Asia, was cited
in the e-mail as saying. “It provides a complete picture of the
Mentzelopoulos era.”
Owner Corinne Mentzelopoulos has put together a sale that
includes a lot comprising one bottle from each of 35 vintages
made under her family’s stewardship between 1978 and 2012,
estimated at as much as $25,000.
There are also lots comprising bottles from each vintage of
the 1980s, 1990s and 2000s. The sale is scheduled for Oct. 17.
For Related News and Information:
Top Stories:TOP <GO>
First Word scrolling panel: FIRST <GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Guy Collins in London at +44-20-3525-7521 or
guycollins@bloomberg.net
To contact the editors responsible for this story:
James Amott at +44-20-3525-4206 or
jamott@bloomberg.net
2015-07-11 12:11:09.314 GMT
(For more on the wine market, see TOP WINE)
By Guy Collins
(Bloomberg) -- Wines from the cellars of Bordeaux first
growth Chateau Margaux dating back to 1900 will go on sale at
Sotheby’s New York in October in an auction estimated to fetch
as much as $1.4 million, according to a Sotheby’s e-mail.
The earliest bottle, from the 1900 vintage, is priced at up
to $15,000, while a bottle dating from 1945 is indicated at as
much as $4,000.
The sale is intended as a retrospective of the
Mentzelopoulos family’s ownership of the estate, which dates
back to the 1978 vintage. It comes amid signs prices for recent
top Bordeaux wines are beginning to revive after a price slump
since mid-2011.
“This is a truly historic sale,” Jamie Ritchie, chief
executive officer of Sotheby’s Wine, Americas & Asia, was cited
in the e-mail as saying. “It provides a complete picture of the
Mentzelopoulos era.”
Owner Corinne Mentzelopoulos has put together a sale that
includes a lot comprising one bottle from each of 35 vintages
made under her family’s stewardship between 1978 and 2012,
estimated at as much as $25,000.
There are also lots comprising bottles from each vintage of
the 1980s, 1990s and 2000s. The sale is scheduled for Oct. 17.
For Related News and Information:
Top Stories:TOP <GO>
First Word scrolling panel: FIRST <GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Guy Collins in London at +44-20-3525-7521 or
guycollins@bloomberg.net
To contact the editors responsible for this story:
James Amott at +44-20-3525-4206 or
jamott@bloomberg.net