Thirsty? How About a $2,550 Glass of Wine?

(Original post is here.)

Literate Comments

The Friday File: Last week a single lot of 114 bottles of Romanee-Conti burgundy wine sold at auction for $1.6 million, or $14,035/bottle or OMG, $2,550/glass! The price of $1.6 million broke the old record for a single lot of wine of $1.05 million for 50 cases of Chateau Mouton Rothschild 1982 sold in 2006. The record-breaking lot contained six bottles of each vintage from 1992 to 2010. Cheers!

Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

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