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There are hopes the most expensive bottle of wine to ever go to auction in New Zealand will be consumed, rather than invested. Liquid gold is on the market today, with a 1996 bottle of Romanée-Conti going under the hammer. The pinot noir from Burgundy is expected to sell at The Wine Auction Room's rare and fine wine event for between $65,000 - $85,000. Co-founder Reece Warren told Mike Hosking he'd hope it will be bought to drink. “Different people buy for different reasons, there are lot of people who are buying to invest. To be perfectly honest, auctions is probably not the best place to buy to invest, unless you've got some knowledge that the rest of us don’t have.” LISTEN ABOVESee omnystudio.com/listener for privacy information. |