The year 2011 has been a promising year for the liquor industry as a whole. The year has been notable for some record breaking auctions in the wine and whisky industry, including the world’s most expensive white wine sold for $123,000 to a private collector, and recently, a Chinese businessman bought a $200,000 bottle of rare Dalmore 62 scotch whisky at the Changi Airport Group. Chinese are well known as purveyors of fine liquor. And, continuing with their love for spirits, yet again, a rare 153-year-old bottle of cognac from the house of Cognac Croizet, one of the oldest Cognac manufacturers from France, has been sold off for a record-breaking price of $156,740 to a Hong Kong woman.
The 1858 bottle of Cognac Croizet cognac was called Cuvée Léonie, named after the daughter of Cognac Croizet’s founder Léon Croizet, and was part of her wedding dowry in 1892.
Maggie Vong, the proud owner of the bottle of this most expensive cognac ever sold at auction said that she learned about cognac from her father. She said this bottle would be kept for a ‘special occasion.’
The auction was held at the Swatch Art Peace Hotel and was reportedly the first ever auction devoted solely to cognac. A total of 16 bottles were auctioned off altogether, with the Cuvée Léonie being the only one to have had a reserve price. This was also the very first time that a bottle of Cuvée Léonie cognac was made available for purchase in mainland China, which is known as the 2nd biggest consumer of Cognac in the world.
The sale reaffirms the Asian continents rising consumption of cognac. The other favorites cognac brands of Asian regions including Taiwan, Vitnam, China and recently India, includes Rémy Martin, the French cognac manufacturer, Hennessy, Martell and Courvoisier.
The proceeds of the auction will benefit a Shanghai charity.