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    Elysee vintage wine sale fetches over 700,000 euros

    euronews (in English)

    by euronews (in English)

    One bottle alone, a Petrus 1990, fetched a cool 7,625 euros at auction in Paris: three times the expected price.

    The French presidency was selling off part of the its wine collection. Twelve hundred bottles went for a total of 718,800 euros (including fees).

    The profits will help the state's budget as the Elysee seeks to replenish its stock with "more modest" wines.