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Billionaire Auctions Wine For A Good Cause

chateau petrusAt an upcoming Sotheby's auction you can indulge your love of French wine and your passion for doing good. The Sotheby's London auction on September 23 will include selections from the copious cellar of Belgian billionaire Albert Frere. Frere is auctioning off his prized vintages to benefit the Charles-Albert Frere Foundation, a charity set up to support children and disadvantaged adults. It is named after Frere's son who died in a car crash 10 years ago.

Frere often buys his wine directly from the chateaux and has it sent directly to his private cellar so it is in peak condition. This is the third in a series of wine auctions of Frere's collection. Highlights of this auction feature vintages from 1985 to 2005 with offerings from Petrus, Haut Brion, Marguax and La Tour. Shown at right is the Carre d'As 2000 Groupe Duclot lot which features two magnums of Latour, two magnums of Margaux, two magnums of Haut Brion and two magnums of Petrus all presented in an octagonal wooden presentation case, wrapped in a plain protective cardboard outer. The name translates as four aces. It is estimated at $16000-21000.

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