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Paris to auction off Chirac wines

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PARIS, July 3 (UPI) -- Wine connoisseurs are expected to flock to Paris for the auction of thousands of bottles of vintage wine from the town hall's cellar.

The collection, amassed by President Jacques Chirac while he was mayor of Paris, is expected to raise more than $600,000, the Telegraph reported Monday.

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Among the 5,000 bottles going under the hammer in the fall are several bottles of 1990 Château Pétrus, worth more than $1800 each, and 191 bottles of 1976 Krug champagne.

The city decided to unload the wine after government auditors concluded the storage was a liability considering the high price of certain bottles and voiced concern about what could happen to the collection if the nearby Seine burst its banks.

Chirac and his wife were said to have spent $2.75 million on food and wine between 1987 and 1995, the Telegraph said.

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