Business Today

A COSTLY CELLAR

Wine can fetch its buyers more money than gold, art, or vintage cars. They offer stable returns year-on-year and rarely go down in value. At the recent Christie’s July 28 sale for the Finest and Rarest Wines and Spirits in London, a cache of some of the world’s most delectable red Burgundies was the biggest highlight, along with of course the top Bordeaux and champagnes.

The lot that has fetched the highest bid during the July sale in London — £183,750 — is a case of six magnums (a 1.5-litre bottle) of Henri Jayer’s Cros Parantoux 1996. Henri Jayer, a revered French winemaker who passed away in 2006 (and whose name

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