Department of Wealth: The $200 Sip

When could you ever imagine decanting a $12,000 bottle of 188-year-old Chateau d'Yquem? What night could possibly be special enough to justify that kind of $2,000-a-glass indulgence? Well, the wine gurus at Sotheby's and Christie's, auction houses to the kind of people who can afford $200 sips, think New Year's Eve 1999 is probably about as likely an occasion as will ever come along. So this week they're uncorking two of the biggest wine auctions in history. The headline grabber is the Sotheby's auction, which features more than $10 million worth of wine, all from the cellar of a single European...

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