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Friday, 1 November 2013

Barrel of ‘Brangelina’ wine sells for €10.100 ( $13,872 )!

The success of Brad Pitt and Angelina Jolie’s wine has continued after an autographed barrel of wine from their Château Miraval estate sold for €10,000 at a recent auction.

A signed barrel of white wine produced by Brad Pitt and Angelina Jolie’s winery was the top lot at a charity auction this week, raising 10,100 euros ($13,872).

The 228-liter barrel of rolle (a.k.a vermentino) from their Côtes de Provence estate, Château Miraval, was sold at auction to raise money for a sustainable Congolose village. It was the most expensive lot by far, purchased by Vins Bréban, a Provence négociant business.

The price paid was a premium for the wine: a bottle of the Château Miraval Blanc has an average price of $23 on Wine-Searcher, excluding sales tax. A 228-liter barrel is equivalent to approximately 300 standard bottles, which would fetch $6,900 on the retail market.

In 2012, the auction held in the Provence village of Correns raised a total of 24,500 euros ($33,649) for the charity. This year’s sale brought in even more, thanks to the “lots from Domaine de Miraval," said a spokesman for the organic wine association of Correns.

However, other lots from Château Brangelina sold for more modest sums: a magnum of white wine from the estate was sold for 170 euros ($233.50)

In March, the first 6,000 bottles of Miraval Rosé were sold within five hours of going on sale, priced at 105 euros ($144) per six-bottle case.
Jolie and Pitt acquired the 500-hectare (1,200-acre) estate in 2008 for around 40 million euros ($54.9m), and have since used it as a summer residence. The estate includes 50 to 60 acres of vines.
The Perrin family of Château de Beaucastel is involved in the production of the estate’s wines.

Jolie has long been a humanitarian campaigner, working as a UNHCR special envoy and setting up a foundation with partner Pitt to tackle poverty.

Source: www.wine-searcher.com