It’s a mad, mad wine world: One bottle sells at Christie’s for $123,000

This isn't THE bottle but it would look like this.

I almost threw up in my mouth when I read the headline: Christie’s Auction House breaks record for highest price ever paid for a single bottle of wine: $123,899.

Ugh. Really? Really? It was for a 1945 Domaine de la Romanée-Conti in Burgundy. France. A bottle of Pinot Noir that may not be drinkable anymore. It could be absolutely, mind-blowingly good but you never know. Sure, it’s the most coveted vintage in history. Yes, it’s from the most sought-after vintage on the planet. And indeed, according to the Wine Spectator, only 600, rarely seen bottles were produced. In addition, it has amazing cellar-controlled pedigree (read more about that) but will the U.S. private collector who bought it on May 17 ever open it and enjoy it? Or will he — or she, however it seems doubtful that a woman would do this — sell it later for more, treating the wine like a stock or bond? What does one do with something like this besides brag about it?

Perhaps it’s because I’m not rich, or because I’m too practical, but I don’t get it. Spending that much money on a bottle of wine that could be vinegar. Can someone explain?

SHARING IS CARING

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  1. The title has caught my eye, even though this post has been a couple of weeks ago. That is absolutely absurd! I had always wondered what can possibly be the most expensive bottle of wine out there that someone is willing to pay for. I wonder if that individual would even drink it or have it on display for others to see..

     

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