New Record Set For Champagne At Auction

by Deidre Woollard (RSS feed)
Apr 1st 2009 at 7:03PM

People all over the world may be switching from champagne to cheaper bubblies but the rare vintages still have their price. Last weekend at Acker Merrall & Condit's first Hong Kong auction of 2009, a 1928 Krug set a new world record for the most expensive bottle of Champagne sold at auction. Decanter reports that the 75cl bottle, from the Krug Collection range (the library collection of the renowned Reims Champagne house) went for HK$164,560 ($21,200) which was far above above the highest estimate of HK$120,000.

The old record belonged to a Methuselah (the size of eight regular bottles) of Louis Roederer, Cristal Brut 1990, Millennium 2000 which sold for $17,625 in 2005. The 1928 Krug is one of the great famed vintages and always fetches a high price.

Tags: bottle, champagne, krug