France Sells Presidential Wines To Update Presidential Wine Cellar

NPR- June 1, 2013

Prized Burgundies and Bordeaux once served at the presidential palace in France were for sale for the first time ever as the wine cellar at Elysee Palace gets an overhaul.
Before the sale, one of the auction’s organizers, wine expert Juan Carlos Casas, showed me the highest valued wine on the block — a bottle of Bordeaux Petrus that will fetch anywhere from $3,000 to $4,000 at auction, and retails for about $7,000.

Market magic makes it so.
Wine into euros…Bordough.

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