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LCBO auctions off pricey bottles of booze

Posted By: Siobhan Morris · 10/19/2012 3:36:00 PM

This is going to make your beer fridge look very, very sad...

The LCBO is unloading over 1100 bottles of hard-to-find booze at auction this weeken.

Barry O'Brien, Director of Special Projects, Marketing & Customer Insights at the LCBO says lots range from bottles of Bordeaux that could fetch $25 to marquee, blue chip brands.

It's 1 bottle though that  has collectors really excited. A 55-year-old single malt scotch from Glenfiddich thought to be the last of 11 bottles made.  The last one sold at auction in New York pulled in $94 000.  With their bottle, the LCBO is hoping to break a world record.  All the proceeds from the sale of the scotch will go to Wounded Warriors, a charity that helps soldiers suffering with post-traumatic stress disorder.

Buyers who snatch up these pricey bottles don't let them collect dust.  They are meant to be enjoyed to mark a big occasion.

O'Brien says the event would have to be truly once-in-a-lifetime to crack open a bottle of 1972 Domaine de la Romanée-Conti burgundy.  A  5L bottle that stands close to 3' tall will set you back $45 000-$55 000 at auction.

The LCBO expects to pull in $2.4-million overall.  You can follow along from home with your bottle of $8 bottle of wine.  Friday night's auction starts at 8pm & it will be streamed online.

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