Crisis: Hollande auctions off prized Elysee wines, May 30-31

To be replaced with cheaper ones, excess goes to state coffers

30 April, 14:48

    (ANSAmed) - PARIS, APRIL 30 - French President Francois Hollande wants to do crisis-busting bit by auctioning off 12,000 prestigious vintages from the Elysee's cellars, which date back to 1947.

    The Socialist president wants to replace them with ''more modest wines, with excess proceeds going into state coffers''. Among the prized bottles going on the block in a two-day auction on May 30-31 are some Petrus 1990 vintages worth an estimated 2,200 euros, as well as Bordeaux, Bourgogne, Loire, Cotes du Rhone, Alsace, Sud-Ouest and Champagne wines.

    Young Elysee sommelier Virginie Routis selected the bottles to be sold, which make up a tenth of the presidential cellars.

    In 2006, Paris Mayor Bertrand Delanoe auctioned off 5,000 bottles from the Hotel de Ville municipal cellar. Among them was a 1986 Romanée-Conti, which fetched 5,000 euros. (ANSAmed).

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