Rare French revolution cognac storms Christie's with 10.2% increase


2015-06-26 13:03:27


Rare French revolution cognac storms Christie's with 10.2% increase

A rare bottle of cognac from the French revolution was Christie's piece de resistance

A rare bottle of grande champagne cognac, produced during the French revolution, has sold with excellent results as part of Christie's Venerable Spirits and Cigars auction, which was held in Geneva yesterday (November 13).

The bottle sold for $29,124, achieving a 10.2% increase on its $26,415 high estimate. Produced in the same year as the storming of the Bastille, it will certainly provide a great way of celebrating France's Bastille Day.

1789 French Revolution cognac Saulnier FreresThe bottle offered a bargain compared to prices given by internet dealers

While the price exceeded expectations at the auction, it offered a bargain for collectors, with other bottles of the 1789 cognac selling for around $68,000 online.

The bottle was produced by Saulnier Freresfrom the Reserve de Saint Amant de Graves. It was sold in good condition for its age, hindered onlyby a bin soiled label and a liquid level at 4cm below the slightly shrunkencork.

Selling at the top of the auction was a collection of 40 Macallan whisky miniatures, ranging from the 29 year old to the 56 year old vintages. The collection was sold for $60,675, bringing an impressive 91.4% increase on the $31,698 high estimate.

Macallan is one of the most sought after labels among whisky collectors and continues to see strong results at auction. In October, a bottle of the 50 year old Macallan Anniversary sold for $32,372, beating the world record for a bottle of its kind by 14.6% and confirming the growing popularity of the whisky market.

Paul Fraser Collectibles brings you all the latest news on collecting wine, whisky and spirits, as well as exclusive investment advice from across the market.

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