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Francis Ford Coppola’s Best…Wine

September 14, 2011

Inglenook wine, said California wine expert James Laube, “is to Napa what Margaux is to Bordeaux—one of the crown jewels.”  Some of those jewels will be on display at Christie’s on September 24th , when a selection from the private cellar of new Inglenook owner Francis Ford Coppola will be offered. The standout at the New York sale with be a rare two-bottle lot of what Laube calls “among the greatest red wines ever made:” 1941 Inglenook Cabernet Sauvignon. It’s estimated at $8,000-$12,000.

Update: The sale brought in $1,888,000. A case of Chateau Lafite Rothschild 1982 was the top lot at $50,000.

Coppola acquired the rights to the Inglenook name earlier this year, using it to re-title his Rubicon Valley Winery in Rutherford, California. At the time he also announced that he’d hired Philippe Bascaules, who headed operations at Chateau Margaux for 21 years, as Inglenook’s winemaker. Coppola’s using the Christie’s event to emphasize the “Renaissance” of the brand. To convey a sense of occasion, he’ll  include a personal note to each successful buyer with each bottle, which will come with its own custom-made wooden box.

Read more at Christie’s.

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Patek Philippe Sells For $2.25m

June 11, 2013

A rare Patek Philippe pocket watch, notable for its many complications, sold today at Christie’s in New York for an impressive $2.25m, well over its $1m-$1.5m estimate. At the time of its original sale in 1900, the 18K pink gold chronograph was the most complex timepiece Patek Philippe had ever produced, offering such features as a perpetual calendar, grande and petite sonnerie, and moon phases. This was, according to Christie’s, the first time the watch had ever appeared on the auction market.

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James Bond Barn Find: $90K ‘Thunderball’ Watch

May 22, 2013

The latest dramatic barn find involves a Breitling Top Time, the very watch Sean Connery wore in “Thunderball.” Several years ago a collector snapped it up at a yard sale for less than $40. Suspecting a higher value, the anonymous buyer took it to an expert for evaluation. The savvy collector wasn’t wrong: when the watch appears at a Christie’s auction next month in London, it’s expected to sell for as much as $90,000.

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“Harry Legacy” Sells For $26.m

May 17, 2013

Money has been flooding into the rapidly rising diamond market in recent months, as collectors seek remunerative parking spots for their investment dollars. The latest example is the $26.7m that jeweler Harry Winston paid this week at a Christie’s auction in Geneva for a flawless 101.73-carat “colorless” diamond. The price was a new high for a diamond of this type, exceeding the last auction price record by more than $10m.

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« Read More Articles from This Category

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Rising Value of Unrestored Cars

By Malcolm Welford, Vintage Car Specialist
 
 

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