imperial

Wine Fraud Fears Prompt Bordeaux Block

Filed under: Wine

Worries over potential wine fraud have started to hit the auction houses prompting the pulling of a pricey Bordeaux bottle. An Imperial of 1961 Chateau Petrus was expected to be auctioned off on Saturday by Edward Roberts International in Chicago. The single bottle was expected to bring in around $150,000. The auction house decided to withdraw the bottle from the auction in order to doublecheck the authenticity. The auction house has said they will put the bottle back on the block once all the documentation is in order. As more and more people see wine as an investment with possible big returns the stakes have been raised. Potential lawsuits such as the one filed by billionaire collector Wiliiam Koch may also be behind the increased scrutiny and the need to document the provenance of the investment bottles.

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Tags: auction, bordeaux, chateau petrus, imperial, wine, wine fraud

The Imperial, The Luxury Car That Never Was

by Rigel Celeste (RSS feed) —

Filed under: Luxury Cars & Autos

Gas prices and the worldwide fuel situation are now officially responsible for the decision Chrysler just made to put the kabosh on plans for the new Imperial. The Imperial concept was first introduced last year at the Detroit Auto Show, and if built the Imperial would have fallen into the Chrysler line up at the very top -- above the 300C. But there will now be no Imperial, with Chrysler mentioning that the increasing costs for fuel and the ever tightening fuel economy standards would make production of the Imperial "irresponsible" at this time.

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Tags: 300C, auto, automobile, automobiles, autos, car, cars, chrysler, fuel, fuel economy, FuelEconomy, imperial, the imperial, TheImperial, wheels