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Presidential wine goes under hammer in France

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(Globalpost/GlobalPost)

Wines from the French presidential cellar will be auctioned off in Paris next month with 1,200 bottles on offer, auctioneers Drouot said on Tuesday.

The estimated value of the various wines up for auction ranges from a modest 15 euros to 2,200 euros ($2,800) for a Petrus 1990, Drouot said in a statement.

The Elysee Palace's cellar is selling the wines in order to raise funds for a refurbishment, it said.

All those on offer, largely Burgundy and Bordeaux, but also including wines from the Loire and Alsace, have been served at the table of the French president at one time or another.

The bottles, due to be auctioned on May 30 and 31, will be replaced through the purchase of other less pricey wines, the auction house added.

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http://www.globalpost.com/dispatch/news/afp/130430/presidential-wine-goes-under-hammer-france