Ortanique rum punch
Richard Browne, Business Reporter
A dozen bottles of vintage rum more than 230 years old and believed by auction house, Christie's, to be from Barbados, have sold at auction in London for on average £6,500 (J$1.1 million) per bottle, several times more than their expected sale price.
The sale price almost tripled the price of a bottle of Appleton 50-year old rum.
The bottles were found in 2011 in a cellar at Harewood House, a manor near Leeds, West Yorkshire in England. The 12 bottles were expected to sell for a total of about £12,000 (J$2 million), but instead fetched £78,255 (J$13 million).
Harewood House was built by Barbadian-born landowner, Edwin, Lascelles, in the 18th century from a fortune made in the West Indian sugar trade. Part of that wealth was invested in estates in Jamaica, Barbados, Grenada and Tobago.
David Elswood, international director of Christie's Wine in Europe and Asia, said in a news release, "We are thrilled with the results of today's sale of the 1780 Harewood Rum. The 12 bottles of dark and light rum sold for a total of £78,255, making it both the oldest and most valuable rum ever sold at auction by Christie's."
The five bottles of dark rum fetched the top price, selling for £8,225 (J$ 1.4 million), each
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