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Million-euro sherry auction: Crimea winery puts 'oldest wine bottle' on offer

Massandra's director is convinced the interest of world media and wine amateurs in its collection will increase the wine price and competition for possession of one of the world’s oldest bottles

SIMFEROPOL, September 24. /TASS/. Crimea’s oldest winery Massandra — claiming the world’s largest wine collection — plans to auction a 1775 bottle of sherry for at least €1 million, the company’s general director said on Thursday.

"I am convinced that the interest of world media and wine amateurs in our collection will increase the price of the wine and competition for possession of one of the world’s oldest bottles," Yanina Pavlenko said.

No details were given of when the auction would take place and what the starting price would be.

Massandra was the center of media attention earlier this month during a visit by Russian President Vladimir Putin and former Italian Prime Minister Silvio Berlusconi to view the firm's collection of 500,000 bottles and tunnel cellars vast enough to store 9 million deciliters of wines.

The company was founded by Russian Prince Lev Golitsyn in 1894.