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Get Out Your Euros. French Government To Auction Cellar

on 05/05/13 at 11:32 am


130501080827-french-wine-selloff-620xaThe French government is to auction off part of its cellar as the state seeks to raise funds to battle the national debt.

Over 1,000 bottles will be auctioned by Drouot in Paris on the 30 and 31 May, with Bordeaux and Burgundy being the main attraction. The sale is expected to realise €250,000.

A spokesman for Drouot told Reuters: “These are wines that have figured at the presidential table for dinners or receptions.

“Some of them have participated in events linked to the history of the Fifth Republic.”

The sale includes 1990 Pétrus, 1985 Salon and Krug Clos du Mesnil, 1976, 1983 and 1989 Alsatian wines from Hugel and Trimbach and other wines from Burgundy, the Loire, Rhône and South-West.

Although the three bottles of Pétrus are valued at €2,200 a bottle, the house added that many of the wines on sale would be available for around €100.