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Spirits auctions return to New York

Published:  23 July, 2008

US: Auction house Christie's will hold its first spirits auction in New York this week since Prohibition began in 1920.

The auction is the first since a nationwide ban on "intoxicating liquors" came into force in 1920.

It will take place on December 8 after the law was overturned in August.

Christie's estimates that it will make $500,000 (250,000) from the sales of more than 100 lots, which include Cognacs named after Napolon and dating back to 1811, and a bottle of 1926 Macallan whisky that was bottled in 1986 after 60 years in cask. It is estimated to fetch up to $30,000.

Richard Brierley, head of wine sales, Christie's Americas, said: "We are delighted to bring to the New York market the first selection of spirits to be offered at auction since Prohibition."