Sunday 20 October 2019

Hollande's wine sale a rare vintage

French President Francois Hollande's palace has decided to dive into its wine cellar and sell some of its treasures, to raise money and replenish its collection with more modest vintages.

About 1,200 bottles – one-10th of the Elysee Palace's wine collection – has gone on sale at Drouot auction house in Paris. The auction is expected to raise €250,000. Organisers expect prices to range from as little as €15 to €2,500. The sale ends today.

"This is exceptional because it is the first time that the Elysee put its bottles on sale," Ghislaine Kapandji, the auctioneer, said. Wine lovers from Europe, the US, Russia and China had contacted the Drouot auction house before the sale.

Irish Independent

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