Bottle of 1961 Chateau Latour fetches £135K at auction!

May 29, 2011 |

London

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A single bottle of Bordeaux wine has sold for 135,000 pounds - more than three times the expected price - at Christie's.

The six-litre bottle of 1961 Chateau Latour was sold to a Chinese bidder at Christie's auction house.

Wine experts said the bottle was of ‘perfect provenance’.

It would take someone earning the average UK wage more than five years to save up for the bottle. After tax, British Prime Minister David Cameron could not afford it with his annual salary, reports the BBC.

In many parts of the UK it is possible to buy a house for less than the bottle.

Chateau Latour, made in Bordeaux, France, is considered one of the top five wines produced in the region.

Gary Boom, founder of London-based fine wine merchant Bordeaux Index, said: "The prices were encouraging but not surprising and shows how important the provenance is and how essential it is to buy from trusted and immaculate sources.

"Quite simply, when you have perfect provenance and a squeeze on supply then it's no surprise that prices reach these levels,” he added.

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