Champagne Boërl & Kroff 2002 Magnum: Initial Bottle Offering priced at 6600 euros

by Dec 8, 2019News0 comments

BKF.png

Alti Wine Exchange is the world’s first open and transparent marketplace for retail clients, institutions and brokers to trade fine and rare wines, as tokens around the globe.

ALTI’s business starts with the wine producers allocating part of their rare wine production through the release of so-called Initial Bottle Offerings (IBO) to the ALTI Wine Exchange.

The extremely exclusive Champagne Boërl & Kroff 2002 Magnum IBO is very significant because it is probably the rarest CHAMPAGNE in the world.

Copies of the offering memorandum may be obtained hereBoërl & Kroff 2002 Magnum was priced at 6600 euros per bottle. Only 50 bottles are available at Alti Wine Exchange, and only 90 bottles are in existence.

“ALTI Wine Exchange makes investing in wine a well-informed process”, commented Jesper Carvalho, a founding member of ALTI Wine Exchange“.

Participants acquire the Champagne in a form of blockchain-based digital tokens (each token representing one specific bottle of champagne) provided directly by the wine producer and stored in the secure and specialized Bordeaux City Bond.

ALTI Wine Exchange provides buyers with the ability to both trade wine tokens freely on the ALTI platform or alternatively redeem the tokens for the actual Champagne, taking possession of the wine assets at the time of the wine investor’s choosing and simultaneously removing those from the ALTI exchange for offline trading or private consumption.

Update

Since the conclusion of the initial bottle offering of this magnificent vintage, eventually remaining bottles on our platform are to be traded only via our marketplace.

________

About Boerl & Kroff : Founded by Patrick Sabaté and Stéphane Sésé, Boerl & Kroff emerged in 1995 as one of the greatest wines recognized by the greatest experts. An intense Champagne with an enormous ageing potential.

About Alti Wine Exchange: Alti Wine Exchange is the trade name of ALTI Exchange Group, the blockchain powered marketplace company servicing alternative investment markets.

Alti Exchange Group, is Rethinking Wine Investment. ALTI Wine Exchange is the world’s first open and transparent marketplace for retail clients, institutions and brokers to trade fine and rare wine as tokens around the globe.

Explore More from Our Blog

Alti Wine Exchange Indexes: 2022 overview and outlook for 2023

Sergey Glekov Senior financial analyst The Alti Wine Exchange Indexes are a family of equal weighted indexes which trace price performance of fine and rare wines and shows equal weighted average returns on them. The indexes are subdivided by most important wine...

Alti Wine Exchange Indexes: 2021 overview and trends for 2022

Sergey Glekov Senior financial analyst The Alti Wine Exchange Indexes are a family of equal weighted indexes which trace price performance of fine and rare wines and shows equal weighted average returns on them. The indexes are subdivided by most important wine...

They have created the perfect storm for controlled demolition of money

I’m glad to be back talking financial insights, one glass of wine at a time. First they shut down the economy, to save lives. With the closure of the economy, production ceased. To compensate for non-production or reduced production, people were paid not to lose...

Spanish Cava Sparkling Wine: What You Need to Know!

Spanish Cava Sparkling Wine: What You Need to Know!

What is a Port Wine?

DEAR READER, Let’s start February off with a simple question: Good morning, Mr. Ferdinand, What is a Port wine? -Jacques Thank you, Jacques, for your brevity. Let’s get down to business! Ports are an underrated, very particular type of wine made in the Douro Valley,...

What to Expect for Fine Wine Investments in 2022

Let’s face it, between an ongoing COVID pandemic, erratic markets, fires, floods and major humanitarian crises, 2021 was exhausting. And though none of us can be sure what to make of 2022, we can say with confidence that fine and rare wine investments are looking...

Holiday Gift Guide for Fine Wine

It’s that time of year again! And so begins the search for the perfect holiday gift. Something unique, something that shows you truly care. How about a gift that keeps on giving? An investment. Imagine their surprise when you tell them that their gift is resting...

FAMILY-RUN WINERIES

DEAR READER, As I grow immensely in popularity, I’ve noticed more of you interested in my personal life. I didn’t begin e-blogging with this in mind, but I don’t mind indulging every now and then. I imagine my intellect intimidates a lot of you, so maybe shedding some...

The Truth about Fine Wine

Fine wine. What does that really mean? The truth is, as words, they don’t mean much. There is no official classification system for the title “fine wine.” It’s not like the regulated usage of “Premier Cru” or “Grand Cru Classé,” for example, rather anyone can throw it...

Maipo Valley Reds

DEAR READER, I am again-and-again charmed by my readers’ curiosity! It reminds me of being a young sommelier, ready to take on the world one glass at a time. I know far too much to feel that way again—but at least I can experience a shred of it through you all! Dear...

Liquid Harmony

Harmony. Think Crosby, Stills, Nash & Young. Think Picasso's The Old Guitarist. It’s that moment when various elements come together to create magic. And magic really is the word, no? Wine can also sip in harmony, and I can think of no better example than the...

Where Does the Phrase “Aging Like Fine Wine” Originate?

DEAR READER, I received this charming question from an inquisitive reader last week. Dear Sommelier Ferdinand, Where does the phrase “aging like fine wine” originate? It’s so fun! -Imani I just love your question! What a lively spirit you have, Imani! I’m more of a...