A taste for liquid assets

A taste for liquid assets

It’s ironic that some of Australia’s most expensive bottles of wine are unlikely to ever be drunk. Take the half bottle of 1952 Penfolds Grange Bin 4 that sold recently for $3600 (including buyer’s premium) through Theodore Bruce in Sydney. If opened it would become worthless. And, as one expert says, the drinking experience may not be worth much anyway. By now this wine would be well past its peak. The true value of such wines is as a (literally) liquid asset, reports the Sydney Morning Herald.

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