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The Billionaire's Vinegar: The Mystery of the World's Most Expensive Bottle of Wine

The Billionaire's Vinegar: The Mystery of the World's Most Expensive Bottle of Wine
By Benjamin Wallace

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It was the most expensive bottle of wine ever sold.

In 1985, at a heated auction by Christie’s of London, a 1787 bottle of Château Lafite Bordeaux—one of a cache of bottles unearthed in a bricked-up Paris cellar and supposedly owned by Thomas Jefferson—went for $156,000 to a member of the Forbes family. The discoverer of the bottle was pop-band manager turned wine collector Hardy Rodenstock, who had a knack for finding extremely old and exquisite wines. But rumors about the bottle soon arose. Why wouldn’t Rodenstock reveal the exact location where it had been found? Was it part of a smuggled Nazi hoard? Or did his reticence conceal an even darker secret?

It would take more than two decades for those questions to be answered and involve a gallery of intriguing players—among them Michael Broadbent, the bicycle-riding British auctioneer who speaks of wines as if they are women and staked his reputation on the record-setting sale; Serena Sutcliffe, Broadbent’s elegant archrival, whose palate is covered by a hefty insurance policy; and Bill Koch, the extravagant Florida tycoon bent on exposing the truth about Rodenstock.

Pursuing the story from Monticello to London to Zurich to Munich and beyond, Benjamin Wallace also offers a mesmerizing history of wine, complete with vivid accounts of subterranean European laboratories where old vintages are dated and of Jefferson’s colorful, wine-soaked days in France, where he literally drank up the culture.

Suspenseful, witty, and thrillingly strange, The Billionaire’s Vinegar is the vintage tale of what could be the most elaborate con since the Hitler diaries. It is also the debut of an exceptionally powerful new voice in narrative non-fiction.


Product Details

  • Amazon Sales Rank: #18750 in Books
  • Published on: 2008-05-13
  • Released on: 2008-05-13
  • Original language: English
  • Number of items: 1
  • Binding: Hardcover
  • 336 pages

Features


Editorial Reviews

From Publishers Weekly
The titular bottle, from a cache of allegedly fine, allegedly French wine, allegedly owned by Thomas Jefferson in the 1780s, set a record price when auctioned in 1985. The subsequent brouhaha over the cache's authenticity takes wine journalist Wallace on a piquant journey into the mirage-like world of rare wines. At its center are Hardy Rodenstock, an enigmatic German collector with a suspicious knack for unearthing implausibly old and drinkable wines, and Michael Broadbent, a Christie's wine expert, who auctioned Rodenstock's lucrative finds. The argument over the Jefferson bottles and other rarities aged for decades, flummoxed a wine establishment desperate to keep the cork in a controversy that might deflate the market for antique vintages. (In the author's telling, a 2006 lawsuit almost settles the issue.) Wallace sips the story slowly, taking leisurely digressions into techniques for faking wine and detecting same with everything from Monticello scholarship to nuclear physics. He paints a colorful backdrop of eccentric oenophiles, decadent tastings and overripe flavor rhetoric (Broadbent describes one wine as redolent of chocolate and schoolgirls' uniforms). Investigating wines so old and rare they could taste like anything, he playfully questions the very foundations of connoisseurship. (May)
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From Bookmarks Magazine
Benjamin Wallace’s magazine background helps him keep the many narrative threads in The Billionaire’s Vinegar tight and engaging. In addition, Wallace exhibits a sharp eye for detail and character: Hardy Rodenstock, in particular,comes across as deliciously deceptive. Exploring what Jefferson’s European tour of 1787 must have been like will likely interest even readers without a taste for wine, though connoisseurs will savor the author’s descriptions of the clubby (and sometimes comically extravagant) society of high-dollar wine collectors. Wallace raises questions about the wine’s authenticity that will linger on the palate, despite a perhaps unsatisfying ending. Or, as collector Ed Lazarus wrote of his experience with the discovered cache, “I had never experienced anything remotely similar in an older Bordeaux, or in fact anywhere else, except perhaps at a Baskin-Robbins.”
Copyright © 2004 Phillips & Nelson Media, Inc.

From Booklist
Wallace takes readers into the closed society of collectors of fine wines, a world restricted to wine experts and the superrich. He focuses his story on the remarkable 1985 auction that saw a price record set for a unique bottle of old wine that had at one time apparently been destined for the cellars of Thomas Jefferson. Wallace recounts Jefferson’s stay in prerevolutionary France, where the American soaked up French culture and journeyed to Bordeaux to arrange export of a few cases of claret to his Monticello home. Skipping to the present era, Wallace profiles Michael Broadbent, whose estimable palate and keen business sense have made him the world’s preeminent evaluator and auctioneer for large collections of fine wines all over the world. The ease with which shady characters have infiltrated this marketplace with substandard and counterfeit wines makes for a cautionary tale. --Mark Knoblauch