“Job creators” trickling $1700 glasses of wine down on all of us
by digby
Here’s what the 001% are spending their ill-gotten gains on:
It’s no secret that the the fine art market is as strong as it’s ever been with dozens of new records and $20-million plus prices achieved in 2014. But the hunger for the best of the best by the world’s so-called trophy hunters extends to a wide range of categories including wine, watches, photography, and older historic works such as antiquities and Old Master paintings. Here are the top-selling objects—and the often intriguing stories that accompany them—in each of these categories.
Manet, Giacometti and Warhol are very grateful to these find job-creators for the work. Or they would be if they weren’t dead.
Here’s the one that gets me:
6. Wine: the Superlot of Romanée-Conti (1992-2010)
Sotheby’s broke the world auction record for the most expensive wine lot when it sold the Romanée-Conti Superlot for $1.6 million. The price achieved per bottle of the 114-bottle Superlot was $14,121, which equals $1,700 per glass for 912 glasses.
Let them drink Romanée-Conti …
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